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HomeMy WebLinkAboutResolution No. 5166 COUNCIL RESOLUTION NO. 5166 A RESOLUTION APPROVING A TWO-YEAR EXTENSION REQUEST FOR A PROPERTY TAX EXEMPTION TO AVAGO TECHNOLOGIES WIRELESS U.S.A. MANUFACTURING, INC. FOR ITS OPERATIONS IN THE WEST EUGENE ENTERPRISE ZONE. PASSED: 5:3 REJECTED: OPPOSED: Brown, Taylor, Syrett ABSENT: CONSIDERED: July 25, 2016 RESOLUTION NO. 5166 A RESOLUTION APPROVING A TWO-YEAR EXTENSION REQUEST FOR A PROPERTY TAX EXEMPTION TO AVAGO TECHNOLOGIES WIRELESS U.S.A. MANUFACTURING, INC. FOR ITS OPERATIONS IN THE WEST EUGENE ENTERPRISE ZONE. The City Council of the City of Eugene finds as follows: A. The City of Eugene and Lane County are co-sponsors of the West Eugene Enterprise Zone, which became effective on July 1, 2016. B. Avago Technologies Wireless U.S.A. Manufacturing, Inc. (Avago) is an eligible business firm as provided in ORS 285C.135 and has the right under ORS 285C.175 to seek property tax exemptions in the enterprise zone. C. Avago has filed an authorization application with the West Eugene Enterprise Zone Manager seeking a three-year property tax exemption for its operations in the West Eugene Enterprise Zone under ORS 285C.200(1). That application will be approved, if at all, by the West Eugene Enterprise Zone Manager and the Lane County Assessor. D. Avago also seeks a two-year extension to the tax exemption, for a total five-year exemption. E. If the Council approves the two-year extension, the request would then be considered by the Lane County Board of Commissioners. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF EUGENE, a Municipal Corporation of the State of Oregon, as follows: Section 1. Pursuant to ORS 285C.160, request for an additional two-year tax exemption at the end of any tax exemption period authorized by the West Eugene Enterprise Zone Manager and the Lane County Assessor pursuant to ORS 285C.140, provided that Avago complies with the following conditions for each year of the entire exemption period: (a) All f compensation equal to or greater than 150 percent of the county average annual wage, in accordance with the specific definitions and guidelines in Oregon Administrative Rules (OAR), Chapter 123, Division 674 (123-674-0600) which provides that: Resolution - Page 1 (1) Such compensation may include non-mandatory benefits that can be monetized; (2) The county average annual wage is set at the time of authorization, except as pursuant to ORS 285C.160(4), according to the 2014 Lane County average annual payroll rate of $39,382, for which 150 percent equals $59,073; (3) Average level of compensation is calculated for new jobs, which is defined as jobs filled for the first time after submission of the authorization application and on or before December 31 of the first year for which an exemption is claimed and whose duties are performed within the current boundaries of the West Eugene Enterprise Zone; and (4) Only full-time, year-round and non-temporary employees engaged in a s consistent with ORS 285C.135 & 285C.200(3) are counted, regardless if such employees are leased, contracted for or otherwise obtained through an external agency or are employed directly by Avago. (b) Avago shall meet the following additional requirements as reasonably requested by the Zone Managers under ORS 285C.160(a)(B): (1) Avago shall maintain a mandatory minimum level of full-time employees in the West Eugene Enterprise Zone equal to an annual average of 229 employees at all times during the exemption period. With each annual exemption claim, Avago must demonstrate they maintained the minimum annual average employment level of 229 employees during the previous calendar year. (2) Avago shall pay to Lane Workforce Partnership $500,000 in st $100,000 annual installments to be paid by July 1 in each of the 5 years of enterprise zone exemption to contribute to the following community benefits: a. Support youth employment readiness programs (examples: -apprenticeship program, paid work experience opportunities, National Career Readiness Certificate classes); and b. Support Science, Technology, Engineering, and Math STEM Hub, grants, teacher training) Section 2 . This Resolution shall take effect only if the following two conditions are met: (a) The West Eugene Enterprise Zone Manager and the Lane County Assessor approve the application for authorization for the initial three-year property tax exemption; Resolution - Page 2 ACCEPTANCE OF RESOLUTION NO. 5166 OF THE CITY OF EUGENE, OREGON TO THE MAYOR AND COUNCIL OF THE CITY OF EUGENE: Avago Technologies Wireless U.S.A. Manufacturing, Inc. (Avago) hereby accepts Resolution No. 5166 of the City of Eugene, Oregon, and all the terms and conditions of the Resolution. Avago specifically acknowledges its acceptance of the provisions of paragraph (b) of Section 2. Dated this ______ day of __________________, 2016. Avago Technologies Wireless U.S.A. Manufacturing, Inc. By: ______________________________________ Title: ____________________________________ Acceptance of Resolution No. 5166