Oregon Administrative Rules
Chapter 123 - OREGON BUSINESS DEVELOPMENT DEPARTMENT
Division 674 - STANDARD EXEMPTION ON TAXABLE ENTERPRISE ZONE PROPERTY
Section 123-674-7710 - First-Source Procedures

Universal Citation: OR Admin Rules 123-674-7710

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

(1) A Firm/applicant shall enter into an agreement as described in OAR 123-070 either:

(a) After the local zone manager approves the application for authorization as provided in 123-674-2300(8)(d);

(b) Before hiring new employees to qualify under ORS 285C.200; or

(c) Both as possible.

(2) The local zone manager shall:

(a) Advise every Firm/applicant to promptly seek such an agreement;

(b) Notify the contact agency about the Application and about how to contact the business firm; and

(c) See that the contact agency receives a copy of the completed Approval Form and Application consistent with OAR 123-674-2500(5)(b).

(3) Upon learning of the Firm/applicant, the contact agency shall arrange an opportunity for it to timely execute an agreement. A Firm/applicant has the right to initiate such contact and to enter promptly into an agreement.

(4) The contact agency shall:

(a) Provide a copy of each executed agreement to the respective local zone manager within 10 business days of entering into it with a Firm/Applicant; or

(b) Notify the local zone manager of any problem that arises in association with executing it.

(5) The local zone manager shall:

(a) See that each authorized business firm has entered into a timely, valid and accurate agreement, in accordance with OAR 123-070;

(b) Inform the county assessor under ORS 285C.215(2)(a) of any such firm that might have failed to enter into such an agreement; and

(c) Instruct business firms of their obligations under the agreement, as appropriate or necessary, including but not limited to requests by the contact agency or any publicly funded job training provider.

Statutory/Other Authority: ORS 285A.075, 285C.060(1) & 285C.215(3)

Statutes/Other Implemented: ORS 285C.050, 285C.060, 285C.200 & 285C.215

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