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<DIV><SPAN class=040435317-21102009><FONT face=Arial size=2>At the 2nd fall tech
group meeting on October 20th, we discussed funding options that included a 20%
large grant cap. This would cap grant requesting to no more than 20% of the
available funds during a funding cycle. The group also requested that grants
requesting 3%, or less of the total available funds, be fully funded. The funds
for the small grants would be subtracted before the other grants are
weighted and reduced. They also<SPAN class=040435317-21102009><FONT
face=Arial size=2> recommended that the goal 6 date be extended to
2016.</FONT></SPAN></FONT></SPAN></DIV>
<DIV><SPAN class=040435317-21102009><FONT face=Arial
size=2></FONT></SPAN> </DIV>
<DIV><SPAN class=040435317-21102009><FONT face=Arial size=2>The group requested
that I make these adjustments and show examples of how the funding would
weigh out for the fall 2009 cycle. As well as, what it would've looked like if
we had applied these factors to the spring 2009 cycle. I have attached copies of
those reductions. The group is asking that the department make
these recommendations to the advisory committee. If they are accepted, it
was recommended that these changes be applied to the current fall
cycle.</FONT></SPAN></DIV>
<DIV><SPAN class=040435317-21102009><FONT face=Arial
size=2></FONT></SPAN> </DIV>
<DIV><SPAN class=040435317-21102009><FONT face=Arial size=2>The fall advisory
committee meeting is scheduled for November 5, 2009. If you have any comments
concerning these suggestions please reply back to me by Friday, October 29,
2009.</FONT></SPAN></DIV>
<DIV><SPAN class=040435317-21102009><FONT face=Arial
size=2></FONT></SPAN> </DIV>
<DIV><SPAN class=040435317-21102009><FONT face=Arial size=2>Thank
you.</FONT></SPAN></DIV>
<DIV><SPAN class=040435317-21102009><FONT face=Arial
size=2>Phil</FONT></SPAN></DIV>
<DIV> </DIV><SPAN lang=en-us><FONT face=Arial size=2>
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<P align=left><FONT size=2><FONT face=Arial>Philip McClellan<BR>ORMAP Project
Coordinator<BR></FONT></FONT><FONT face=Arial size=2>Oregon Department of
Revenue<BR>Property Tax Division - CDOT<BR>Tel: 503-586-8128<BR>Fax:
503-945-8737</FONT></SPAN><FONT size=2><FONT face=Arial> <BR><SPAN lang=en-us><A
href="http://www.ormap.org/"><FONT color=#000000>www.ormap.org</FONT></A>
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