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<br /> <br />Company takes steps to ensure a positive work environment during construction of a <br />qualified enterprise zone investment. <br /> <br />. Utilization of State approved (Oregon Apprenticeship <br />and Training Division) apprenticeship programs for <br />construction trades during construction. <br /> <br />2 points <br /> <br />. Qualified firm signs a "Build Oregon Responsibly" <br />agreement (see Appendix I). <br /> <br />1 point <br /> <br /> <br />Size of new investment. <br /> <br />Assessed value equal to or greater than $2,500,000 <br />Assessed value equal to or greater than $5,000,000 <br /> <br />1 point <br />2 points <br /> <br />The criteria above will determine if a company is required to make a Public Benefit Contribution. <br />Companies scoring below 25 points will be required to make a Public Benefit Contribution. The <br />formula for calculating the Public Benefit Contribution is described below. <br /> <br />Calculating the Public Benefit Contribution <br />Companies that score below 25 points will make a public benefit contribution based on the following <br />formula: <br /> <br />25 - Criteria Points Earned <br /> <br />x Tax Exemption <br /> <br />= Public Benefit Contribution <br /> <br />100 <br /> <br />Example <br />If a company scores 20 points and has a tax exemption of$100,000, the company will make a $5,000 <br />Public Benefit Contribution (5% of the tax exemption). <br /> <br />25 - 20 <br />100 <br /> <br />x Tax Exemption <br /> <br />= Public Benefit Contribution <br /> <br />25 - 20 <br />100 <br /> <br />x $ 100,000 = $ 5,000 I <br />