Rule 4981-1-05 | Security for financial assistance.
The ORDC may request any of the following as security for financial assistance:
(A) A pledge of identified tax revenues, fees, or other revenues derived directly or indirectly from the project;
(B) A guarantee from the borrower or another person;
(C) A mortgage or lien position on or security interest in the project or a portion of the project, or any other asset of the borrower;
(D) Other credit enhancement the ORDC determines appropriate.
Last updated February 11, 2025 at 9:09 AM
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