Current through Register Vol. 63, No. 12, December 1, 2024
(1) Within six
months after re-/designation of any enterprise zone, the zone sponsor shall
provide the following information, unless fully completed as part of
documentation submitted with re-/designation, to the Department and any other
organization deemed appropriate by the sponsor for purposes of ORS 285C.105:
(a) A description and examples of marketing
plans, efforts or materials for the zone;
(b) A list, map or other information
necessary for identifying publicly owned land or buildings that are available
for lease or purchase by an eligible business firm within the zone under ORS
285C.110 according to OAR 123-668-1400;
(c) For an urban zone, indices identifying
all land within the zone, which for example, may be accomplished by on-line
locator software, and for which specific tax lots or street addresses are
needed only for properties at which eligible development may occur;
(d) Description of normally expected actions
to be taken or reasonable requirements to be imposed, as well as policies and
standards adopted, by the sponsor under ORS 285C.150, 285C.155, 285C.160,
285C.203, 285C.205 or 285C.403 with respect to business firms using the
zone;
(e) Confirmation of having
appointed the local zone manager consistent with OAR 123-668-1000;
and
(f) The final form of any
change in the election or restrictions to allow hotel, motel or destination
resorts as eligible business firms in all or certain city or county
jurisdictions of the enterprise zones, for which newly adopted resolution(s)
are necessary as described in OAR 123-650-4800(2)(e).
(2) The sponsor shall periodically update and
repeat the reporting of information described in section (1) of this rule, as
applicable or necessary under ORS 285C.105, including as described in OAR
123-668-2000(5).
(3) Within six
months following the termination of an enterprise zone unless re-designated in
its entirety, the sponsor of the terminated zone and the county assessor shall
jointly submit to the Department of Revenue, Department and contact agency, a
complete list of:
(a) The names of all
business firms authorized, certified or qualified in the zone at the time of
termination and located outside of any currently designated enterprise
zone;
(b) The dates of submission
and approval for each authorization or certification application;
(c) The anticipated initial first year of
each exemption; and
(d) The status
of each investment or exemption of the authorized, certified or qualified
business firm (for example, "under construction").
Statutory/Other Authority: ORS 285A.075 &
285C.060(1)
Statutes/Other Implemented: ORS 285C.060, 285C.070, 285C.105
& 285C.110
