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Item B - Econ.Dev.Comm. Recomm.
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Item B - Econ.Dev.Comm. Recomm.
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the boundaries of the previous enterprise zone to those listed in the second bullet point of the <br />subcommittee report, primarily excluding properties beyond Beltline Road. He said this resulted from a <br />discussion of whether greenfields should be included, and drawing the boundary line at Beltline Road <br />excludes the greenfields. He said there also seems to be agreement that a 66.6% initial tax exemption for <br />any qualifying company is palatable. Finally, he said, the list of criteria in the report was not exhaustive, <br />but do include the elements subcommittee members thought were important. <br /> <br />Ms. Rygas added that the enterprise zones need to be inviting businesses in and also directing businesses <br />to some extent, and the suggestion to exclude greenfields is one way to do that. She said the <br />subcommittee is not saying it does not want the greenfields developed, but that there be more reward for <br />infilling the places that are not necessarily the easiest to develop. She said the items in the criteria list are <br />offered as module components that could qualify for up to an additional 33.3% tax exemption. She said <br />she had some additional proposals having to do with worker benefits, and the subcommittee ran out of <br />time to discuss them. She said she would like to see one criteria included on wages, to make the point <br />that the City is looking for businesses that will offer a growth track for employees, as opposed to low <br />wage, dead-end jobs. <br /> <br />Mr. Korth asked Ms. Rygas if she had specific recommendations she wanted included. She said the one <br />simple recommendation she would make is that job wages need to be above the county median wage. <br />Mr. Rexius noted that the references to "mean wage" in items g and h of the potential criteria should say <br />"median wage." <br /> <br />Mr. Korth said the subcommittee saw the potential criteria for an extra 33.3% exemption as value <br />statements that set the tone for what was wanted in Eugene, but the subcommittee also wanted enough <br />criteria components, at 11.1% each, that the 33.3% total tax exemption was very attainable. He said the <br />subcommittee did not come to agreement on greenfields, many of which he believed were infrastructure- <br />ready. He said the subcommittee wanted to bring the greenfields discussion to the larger committee. <br /> <br />Ms. Pierce said she was confused about the percentages. Mr. Rexius said anyone who qualifies with the <br />four State enterprise zone requirements gets a 66.6% tax exemption. If a developer wants the additional <br />33.3% tax exemption, the developer would go to the list of Eugene criteria and find three things to do. <br /> <br />Ms. Pierce, referring to item g, asked how benefits could be compared to wages and how an employer <br />would find out the Lane County mean wage level. Subcommittee members clarified they had meant <br />median wage level, not mean. There was discussion among committee members and staff on whether <br />either mean or median Lane County wage or benefits levels were published. Ms. Pierce pointed out that <br />of the top fifteen employers in Lane County, 12 or 13 were government employers, which meant that a <br />private business would have to compare its wages and benefits to government wages and benefits, which <br />were probably the highest in Lane County. Mr. Re'Voal said industry-only wage and benefit information <br />was available that excluded government. He said median information was available for the entire state <br />and for the Portland metro area; he was not sure if it was available for Lane County. <br /> <br /> Mr. Wanichek said he thought overall the subcommittee's report was a wonderful compromise, and he <br /> would support the recommendations, except that he wanted greenfields included. He suggested adding <br /> local companies on payroll tax rolls to item a. <br /> <br /> Ms. Rygas said a page of her e-mail to the subcommittee was being distributed that contained her <br /> suggestions for additional criteria that did not get incorporated in the report. She said she wanted to <br /> <br /> MINUTES--Mayor's Committee on Economic Development June 14, 2004 Page 10 <br /> <br /> <br />
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