Or. Admin. Code § 738-010-0060 - Penalties
(1) At the
discretion of the Director, or the Director's designee, each lessee may pay a
penalty for late or delinquent payments. Such penalty may not exceed ten
percent (10%) of the original delinquent payment. Then that amount will be
charged to the lessee each month until the lease payment is current. Example:
If a lessee fails to pay a $100 lease payment, then the lessee will be charged
$10 per month until the original lease payment and late fees are
current.
(2) Whenever a bank-issued
check is presented for payment of any State-owned airport fee, and said check
is returned to the ODA due to insufficient funds, closed account, or other
similar reason, the Department shall charge the lessee presenting such check an
additional fee of $50, plus any and all related collection fees. If the initial
charges and returned check fees are not paid within 14 days after notification
to lessee, ODA may suspend, revoke or place in default all of lessee's permits,
agreements or leases in force at that time, according to the terms specified in
such contract.
Notes
Stat. Auth.: ORS 835.035, 835.040 & 835.112
Stats. Implemented: ORS 835.035, 835.040, 835.112 & 836.055
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