Oregon Administrative Rules
Chapter 123 - OREGON BUSINESS DEVELOPMENT DEPARTMENT
Division 623 - STRATEGIC INVESTMENT PROGRAM
Section 123-623-1500 - Contents of Application, Generally

Universal Citation: OR Admin Rules 123-623-1500

Current through Register Vol. 63, No. 9, September 1, 2024

The Application must include:

(1) A copy of a First Source Hiring Agreement according to OAR 123-070 that takes effect beginning no later than when any hiring for the Approved Project commences and ending no sooner than June 30 of the final tax year of Abatement.

(2) Information required in the Application form, including but not limited to full company identification, nature of proposed operations, hiring/payroll projections, proposed investment(s), status of local approval, and any exceptional impact on public services, as well as:

(a) The number of Retained Jobs over the 12 months preceding the Department's receipt of the Application at the site, facility or operations, to which the proposed investment will be made;

(b) Full disclosure for purposes of OAR 123-623-1250, including but not limited to any probable reduction in the operations, employment or the like at any other facility in this state that is owned or operated by the Applicant or a commonly controlled business firm, within one year after making application, regardless of proximity or relationship to the proposed investment(s); and

(c) Commitments to:
(A) Address the exhortation under ORS 285C.603 consistent with OAR 123-623-1300;

(B) Provide timely notification or evidence to the county assessor or the Department of Revenue, as requested or otherwise necessary under ORS 307.123 or other applicable laws, such as the date when any taxable property is or will be initially occupied, used or operated commercially for specifically intended purposes;

(C) Ensure that any ultimate lessee is responsible for the payment of property taxes levied on leased property that comprises any part of the Approved Project;

(D) Submit the annual reports of employment required under ORS 285C.615 and described in OAR 123-623-4000 to 123-623-4200; and

(E) Hold a job fair under ORS 285C.606(6)(b) duly announced through Worksource Oregon of the Oregon Employment Department and consistent with OAR 123-623-1300(3).

(3) As described in OAR 123-623-1800:

(a) Full amount of the nonrefundable application fee; and

(b) Commitment to pay additional fee, if approved.

Statutory/Other Authority: ORS 285A.075 & 285C.615(7)

Statutes/Other Implemented: ORS 285C.603, 285C.606 & 285C.626

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