Oregon Records Management Solution
45 EQCMeeting1of1DOC19951228
DETP/19/48930
''Wednesday, August 28, 2019 at 12:01:01 PM (GMT+07:00) Goldstein, Meyer:'' eqc meeting eqc minutes 12/28/95 Approval of Tax Credit Applications S1mnnary: Agenda Item JL December 28, 1995 Meeting New Applications - Eighteen (18) tax credit appli'°~tions with a total facility cost of $3,789,950 are recommended for approval as follows: 2 Air Quality facilities with a total facility cost of: $ 695,539 4 Field Burning related facilities recommended by the Department of Agriculture with a total facility cost of: $1,565,390 1 Reclaimed Plastic facility with a cost of: $ 6,950 3 Solid Waste Recycling facilities with a facility cost of: $ 28,233 6 Water Quality facilities costing: $1,306,001 2 Water Quality UST facilities with a total facility cost of: $ 187,837 Three applications with claimed facility costs exceeding $250,000 are included in this report. The external accounting review statements are included with the application reports. Stmmiary: New Applications - Sixteen (16) tax credit applications with a total facility cost of $1,355,801 are recommended for approval as follows: 2 Air Quality facilities with a total facility cost of: $695,539 3 Field Burning related facilities recommended by the Department of Agriculture with a total facility cost of: $143,241 1 Reclaimed Plastic facility with a cost of: $ 6,950 3 Solid Waste Recycling facilities with a facility cost of: $ 28,233 5 Water Quality facilities costing: $294,001 2 Water Quality UST facilities with a total facility cost of: $187,837 One application with claimed facility costs exceeding $250,000 is included in this Report. The external accounting review statement is included with the application report. NOTES: A) At the request of the applicant, numerous applications submitted by the Portland General Electric Company are being held in abeyance pending the resolution of issues pertaining to claims for indirect costs related to the construction of the facilities. B) A recommendation on an application by the Tidewater Barge Lines for the double-hulling of a barge is pending a determination by the office of the Attorney General regarding the eligibility of the facility for tax credit relief under the statutes. Representatives of the applicant firm, the AG's office and the DEQ plan to meet next week to discuss the issues and alternatives. C) Because the final report must be in the hands of the Commission by December 20, 1995, please provide your comments by Friday, December 15, 1995.