Or. Admin. Code § 340-175-0060 - Grant Certificate
(1) The
Department shall issue a grant certificate to an applicant who has filed a
complete application and meets the requirements of OAR Chapter 340, Division
172 and these rules.
(2) Only one
grant certificate shall be issued for each facility location. All tanks at a
facility location shall be covered by the grant certificate.
(3) An applicant may receive a grant
certificate for more than one facility location.
(4) The grant certificate obligates the
Department to make payment to an applicant or in behalf of an applicant to a
lender or a disbursing agent for UST project work, in accordance with these
rules.
(5) The applicant may not
assign any right, title, and interest in the grant certificate to any person
other than a subsequent property owner, tank owner or permittee of the
underground storage tank facility. A lender or a disbursing agent may not
assign any right, title, and interest in the grant certificate to any other
person without express approval by the Department.
(6) The grant certificate shall be valid for
one year from the date of issue. A grant certificate may be renewed subject to
availability of funds from the USTCCA fund.
Notes
Stat. Auth.:ORS 466.706 -ORS 466.895 &ORS 466.995
Stats. Implemented:OL 1991, Ch. 863, Sec. 7
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