The OTIA also requires that the power for Oyu Tolgoi be sourced from Mongolia after five years of operation, and any smelter for processing the extracted metal is to be located domestically as well.
While the exploitation of Oyu Tolgoi was already underway, Mongolia made significant progress after signing the OTIA in terms of establishing the appropriate institutions to enable diversification and equitable distribution.
Question: You have gotten the lion's share of demolition work from the OTIA III bridge replacement program.
Because of the OTIA III, we had to purchase a lot more equipment to gear up for it.
We are committed to recycling as much as we can," says Ray Mabey, OTIA
III bridge and design-build deputy program manager.
The series 2009A bonds will fund projects related to the OTIA
The city submitted an original design plan to the state agency two years ago, hoping to receive OTIA
funds for the project, City Recorder Aaron Palmquist said.
The series 2007A bonds will fund projects related to the OTIA
I, II, and III programs.
6 million per year for OTIA
I and II with the expected range of $98 million to $102 million per year for OTIA
In 2002, OTIA
II was authorized to fund another 42 projects, and OTIA
I and II together have a $500 million authorization, of which $275 million remains.
Hatfield said Lane County's team, one of four in the region, came away from that meeting with $17 million - but it wasn't OTIA
money, which would be received immediately, and it won't all go to the I-5/Belt Line project.
Previously, the 2001 and 2002 legislative sessions provided authorizations for total net proceeds of $500 million, now defined as OTIA
I and II.