Or. Admin. Code § 856-030-0001 - Capital Improvement Planning
(1) A pilot organization that intends to seek
funding through pilotage rates at the next available ratemaking opportunity for
reimbursement of the cost of a proposed major capital improvement is encouraged
to notify the Board as soon as practicable. A "major capital improvement" is a
change in an asset used for or in support of transportation, offices,
accommodations, computing or communications that, if funded, would require an
increase in revenue produced by rates of five (5) percent or more in the next
rate case. Repairs to or maintenance of a transportation asset is not a "change
in" that asset.
(2) If a pilot
organization notifies the Board of a proposed major capital improvement, the
Board shall make time on its agenda for one or more of its regularly scheduled
meetings for the presentation of information by the pilot organization and
discussion of the proposed major capital improvement. The Board may, in
addition, appoint a subcommittee of its members to meet with the organization
of pilots and other interested parties to evaluate the proposed major capital
improvement.
(3) A pilot
organization choosing not to utilize the opportunity for Board planning
participation provided by this section shall, when filing its pre-petition
notice as required by section
856-030-0002, explain its
reasons for not doing so.
(4) Major
capital improvement expenses shall be submitted to the process provided by this
section unless the proponent shows that compliance was prevented by reasons
beyond its control and which the proponent could not have reasonably
anticipated, or other circumstances make exclusion of the request for major
capital improvement funding unjust.
Notes
Statutory/Other Authority: ORS 776
Statutes/Other Implemented: ORS 776.115
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