(1) On or before June 30 of each year, the third-party administrator shall submit the following information from the previous 12 months to the Eastern Oregon Border Economic Development Board:

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(a) The number of businesses or regionally significant industrial sites that were assisted with grants awarded and loans made through programs under ORS § 284.791;

(b) The types and amount of resources leveraged by the grant and loan moneys;

(c) The return on investment, performance and outcome with respect to jobs and wages in any area of the Eastern Oregon Border Economic Development Region in which grant and loan moneys were utilized; and

(d) Any other information the third-party administrator considers useful in evaluating the experience of the grant and loan programs.

(2)(a) On or before September 15 of each year, the Eastern Oregon Border Economic Development Board, jointly with the Oregon Business Development Department, shall submit a report to the Legislative Assembly, in the manner required under ORS § 192.245, that sets forth the information received from the third-party administrator under subsection (1) of this section and any other information from any source that the Eastern Oregon Border Economic Development Board thinks convenient or necessary for evaluating the administration and experience of the grant and loan program established under ORS § 284.771 to 284.801.

(b) The Eastern Oregon Border Economic Development Board’s report may include recommendations for legislation and strategies to improve workforce development and economic development in the region. [2020 s.s.1 c.9 § 11; 2022 c.76 § 7]

 

[1987 c.911 § 13; repealed by 2005 c.80 § 7]