Current through Register Vol. 63, No. 11, November 1, 2024
Section 695-046-0190 - Matching Contributions(1) All applicants shall demonstrate at least 25% of the Water Acquisition Project cost is being sought as match, with the grant applicant required to provide matching funds and efforts necessary to complete the purchase. The following costs and activities will qualify as match:(a) All costs listed under OAR 695-046-0185, including in-kind contributions of those costs.(b) Funding commitments made by others as a result of grant applicant efforts (including funding to be secured from other funders as part of a Board-prescribed process conducted in cooperation with other funders).(c) Any donated portion of the interest in water.(2) OWEB funds shall not qualify as matching contributions.(3) The Director retains the discretion to determine whether matching costs are reasonable and will be recognized as qualifying matching costs.Or. Admin. Code § 695-046-0190
OWEB 2-2013, f. & cert. ef. 6-19-13; OWEB 2-2020, amend filed 04/27/2020, effective 5/1/2020Statutory/Other Authority: ORS 541.906
Statutes/Other Implemented: ORS 541.932(9)