Or. Admin. Code § 738-124-0040 - Maximum COAR Grant Award and Recipient Financial Matching Requirements
(1) Maximum COAR Grant Award
(a) Subject to subsection (b), the aggregate
maximum grant award that a Recipient may receive under the COAR program is
$150,000 per project, regardless of the number of applications filed for the
project.
(b) Notwithstanding
subsection (a), the Board may award a larger grant if it finds that a larger
award for a particular project would serve the purposes of the program. If an
Applicant applies for a grant amount exceeding the maximum amount in subsection
(a), the Department may request additional documentation detailing how the
grant amount in excess of the maximum would serve one or more of the program
purposes listed in OAR
738-124-0010(2).
(2) COAR Financial matching
requirements.
(a) Minimum financial match
requirements are based on the category of airport at which the project will be
implemented, as listed in the current Oregon Aviation Plan. By category, the
minimum financial match requirements are:
(A)
Category 1
(i) Other Commercial Non-Primary
(less than 10,000 enplanements): 35% of the total eligible project
costs
(ii) Commercial Primary: 50%
of the total eligible project costs
(B) Category 2 - Business: 25% of the total
eligible project costs
(C) Category
3 - Regional: 10% of the total eligible project costs
(D) Category 4 - Community: 10% of the total
eligible project costs
(E) Category
5 - Low Activity: 5% of the total eligible project costs
(b) Notwithstanding subsection (a), the
minimum financial match requirement for an airport listed in Table 1 of the
FAA's Essential Air Service (EAS)/Economically Distressed Area (EDA)
Determination memo dated February 8, 2019 is 5% of the total eligible project
costs.
(c) For applications filed
for assistance with FAA grant match requirements, the eligible project cost
equals (i) the FAA grant match amount less (ii) any non-FAA, non-Applicant
project funding sources, for example, Connect Oregon funds. The resulting
eligible project cost is subject to the minimum financial match requirements
described above.
Notes
Statutory/Other Authority: ORS 835.035, ORS 835.040, ORS 835.112 & ORS 319.023
Statutes/Other Implemented: ORS 835.025, ORS 835.040 & ORS 319.023
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