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Ordinance No. 20586
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2017 No. 20572 - 20587
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Ordinance No. 20586
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Last modified
8/4/2017 4:30:31 PM
Creation date
8/4/2017 4:30:31 PM
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Council Ordinances
CMO_Document_Number
20586
Document_Title
ORDINANCE AMENDING THE WEST EUGENE ENTERPRISE ZONE PUBLIC BENEFIT CRITERIA AND SCORING SYSTEM
Adopted_Date
7/24/2017
Approved Date
7/26/2017
CMO_Effective_Date
8/25/2017
Signer
Vinis
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ExhibitA <br />WestEugeneEnterpriseZone <br />PublicBenefitCriteria <br />BusinesseswhoparticipateintheWestEugeneEnterpriseZone(theZone)arerequiredtomeet <br />1 <br />additionalPublicBenefitCriteriainordertoqualifyforthefulltaxexemption.TheCriteriaencourage <br />businessestotakestepstowardsachievingcertaincommunitygoalsandpriorities. <br />Step1outlinestheninepublicbenefitcategories.Step2outlinesthejobcapcriteriathatlimitsthe <br />amountoftaxexemptionabusinesscangetdependingonthenumberofjobscreated. <br />Step1 <br />Abusinessneedstoget25pointsormoretoqualifyforthefullexemption <br />Tier1Criteria <br />Abusinessneedstoscoreatleast15pointsthroughTier1Criteria <br />1.BusinessType <br />Thiscategorytakesintoaccountthepossibilitythatbusinessesmayhaveahardertimeearningpoints <br />inothercategoriesduetofundingandresourcelimitations. <br />Indicatethenumberofpermanent,fulltimeemployeesatsubmissionofthe <br />OregonEnterpriseZoneClaim. <br />Lessthan25employees=9points <br />Upto9points <br />Between2549employees=7points <br />Between50and99employees=5points <br />Between100and499employees=2points <br />Businessisaminorityowned,womenowned,ordisadvantagedbusiness <br />1point <br />enterprise.* <br />*Businesswillbeaskedtoprovideadditionalinformationforpointsclaimed <br />1 AuthorizedbyORS285C.150 <br />{00222853;5} <br /> <br />
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