(1) The Community Green Infrastructure Fund is established in the State Treasury, separate and distinct from the General Fund. Interest earned by the Community Green Infrastructure Fund shall be credited to the fund. Moneys in the fund are continuously appropriated to the Department of Land Conservation and Development for the purpose of carrying out ORS § 197.470, subject to the allocations described in subsection (2) of this section.

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Terms Used In Oregon Statutes 197.471

  • State Treasury: includes those financial assets the lawful custody of which are vested in the State Treasurer and the office of the State Treasurer relating to the custody of those financial assets. See Oregon Statutes 174.100

(2) Of the moneys in the fund:

(a) 30 percent shall be allocated for grants to be awarded for planning or developing green infrastructure economic development projects;

(b) 40 percent shall be allocated for grants to be awarded for entities or projects located in green infrastructure improvement zones; and

(c) 30 percent shall be allocated for grants to be awarded to entities or projects in tribal, rural, remote or coastal communities. [2023 c.442 § 25]

 

See note under 197.468.

 

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