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<br />(1) Such compensation may include non-mandatory benefits that can be <br />monetized; <br /> <br />(2) The county average annual wage is set at the time of authorization, <br />except as pursuant to ORS 285C.160(4), according to the 2014 Lane County <br />average annual payroll rate of $39,382, for which 150 percent equals $59,073; <br /> <br />(3) Average level of compensation is calculated for new jobs, which is defined <br />as jobs filled for the first time after submission of the authorization application and on or <br />before December 31 of the first year for which an exemption is claimed and whose duties <br />are performed within the current boundaries of the West Eugene Enterprise Zone; and <br /> <br />(4) Only full-time, year-round and non-temporary employees engaged in a <br />s consistent with ORS 285C.135 & <br />285C.200(3) are counted, regardless if such employees are leased, contracted for or <br />otherwise obtained through an external agency or are employed directly by Avago. <br /> <br />(b) <br /> Avago shall meet the following additional requirements as reasonably <br />requested by the Zone Managers under ORS 285C.160(a)(B): <br /> <br />(1) Avago shall maintain a mandatory minimum level of full-time <br />employees in the West Eugene Enterprise Zone equal to an annual average of 229 <br />employees at all times during the exemption period. With each annual exemption <br />claim, Avago must demonstrate they maintained the minimum annual average <br />employment level of 229 employees during the previous calendar year. <br /> <br />(2) Avago shall pay to Lane Workforce Partnership $500,000 in <br />st <br />$100,000 annual installments to be paid by July 1 in each of the 5 years of <br />enterprise zone exemption to contribute to the following community benefits: <br /> <br />a. Support youth employment readiness programs (examples: <br />-apprenticeship program, paid work <br />experience opportunities, National Career Readiness Certificate classes); <br />and <br /> <br />b. Support Science, Technology, Engineering, and Math <br />STEM Hub, grants, teacher training) <br /> <br />Section 2 <br />. This Resolution shall take effect only if the following two conditions are <br />met: <br /> <br />(a) <br /> The West Eugene Enterprise Zone Manager and the Lane County Assessor <br />approve the application for authorization for the initial three-year property tax exemption; <br /> <br />Resolution - Page 2 <br />