Oregon Administrative Rules › Chapter 690 - WATER RESOURCES DEPARTMENT › Division 90 - WATER DEVELOPMENT LOAN FUND › Section 690-090-0019 - Loan Advisory Board

Current through Register Vol. 63, No. 7, July 1, 2024
(1) The
			 director shall appoint a loan advisory board to review applications made under
			 ORS 541.700 through
			 541.855 and pursuant to these
			 rules and make recommendations thereon to the director. The members appointed
			 to the board shall be subject to the approval of the commission.
(2) At least five but not more than seven
			 members shall be appointed to the loan advisory board. The board shall be
			 composed of individuals with expertise in and representing interests of one or
			 more of the following: instream flow and watershed enhancement, finance or
			 banking, project development, agriculture, and local government
			 operations.
(3) Before appointing a
			 member to the board, the director shall mail notice to all persons and
			 organizations which have filed with the department a written request to be
			 included on the mailing list maintained for the Water Development Loan Fund
			 program.
(4) Appointments to the
			 board are not limited to individuals submitted for consideration as a result of
			 the solicitation process set forth in (3) above.
(5) Each member shall serve at the pleasure
			 of the director and be appointed to serve a two-year term. The term may exceed
			 two years, at the discretion of the director, until such time as a successor is
			 appointed and qualified. The director may provide administrative facilities and
			 services for the board.
(6) The
			 director shall annually appoint a chair of the board. The chair or chair's
			 designee shall preside over all board meetings. An affirmative act of the
			 majority of the appointed members shall be required to act on a loan
			 recommendation.
(7) The director
			 shall select a department employee to serve as secretary to the
			 board.
(8) The board shall hold
			 public meetings at the call of the director. The chair and secretary shall set
			 the date, time and place of meetings. The agenda for each meeting shall be
			 prepared by the secretary and the chair and shall include all matters to come
			 before the board at the meeting. The secretary shall send the agenda, the staff
			 loan recommendation and any related material to members and the applicant at
			 least one week prior to a meeting.
(9) Meetings may be run informally by the
			 chair. The chair or chair's designee shall sign all board documents unless a
			 member or the secretary is allowed by a board vote to do so.
(10) The director shall make public notice of
			 each loan advisory board meeting as provided in OAR 690-090-0035.
(11) The board shall hear comments on any
			 matter before it. The board may set time limits on comments.
(12) After its review, the board shall advise
			 the director in writing whether the project complies with OAR Chapter 690,
			 Division 090 and recommend the amount in which any loan should be made. The
			 director may accept, modify or reject the recommendation of the
			 board.
Stat. Auth.: ORS 541
Stats. Implemented: ORS
				  541.700 - ORS
				  541.855