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Item B: Local Criteria for West Eugene Enterprise Zone
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Item B: Local Criteria for West Eugene Enterprise Zone
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6/9/2010 1:13:53 PM
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4/6/2006 8:46:59 AM
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City Council
City_Council_Document_Type
Agenda Item Summary
CMO_Meeting_Date
4/10/2006
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<br />DISTRIBUTION OF PUBLIC BENEFIT CONTRI.BUTlON <br /> <br />Public benefit contribution will be paid annually, distributed as follows: <br /> <br />- 40% to Lane County; <br /> <br />- 40% to City of Eugene; <br /> <br />- 20% to programs sponsored by educational institutions, including Section <br />501 (c)(3) lax exempt education foundations. The Enterprise Zone <br />Committee will reconvene in any year in which there is at least $10,000 in <br />this category to distribute. A competitive Request for Proposal process will <br />be conducted by the Enterprise Zone Commillee to aJlocate the available <br />funds. <br /> <br />The Enterprise Zone Committee will consist of two City Councilors <br />appointed by the Eugene City Council, two County Commissioners <br />appointed by the County Board of ComJllissioners, and two at-large <br />members appointed by the four Councilors/Commissioners. <br /> <br />Administrative costs of the distribution process may be taken from the funds <br />available. <br />
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