Or. Admin. R. 123-623-1100 - Definitions
For the purposes of this division of administrative rules additional definitions are found in OAR 123-001 (Procedural Rules). As used in these rules, the following terms have the meanings set forth below, unless the context demands otherwise.
(1)
Abatement means the taxation and assessment of
property comprising an eligible project under ORS
307.123.
(2)
Applicant
means a business firm, including but not limited to a privately or publicly
held corporation, other for-profit company, people's utility district, or a
joint operating agency under ORS
262.005,
seeking approval from the Commission for Abatement.
(3)
Application
means the Department-prescribed form described in OAR 123-623-1400, which is
available at and submitted to: Incentives - Economic Development, Business
Oregon, State Lands Building Suite 200, 775 Summer Street NE, Salem OR
97301-1280, see www.oregon4biz.com, as
well as all supplemental attachments, exhibits and so forth that the Applicant
completes or furnishes to the Department for the Strategic Investment
Program.
(4)
Approved
Project means an investment or investments in taxable property
that:
(a) Is not Existing Property;
(b) The Applicant owns or leases;
(c) The Commission has determined shall
receive Abatement; and
(d) Conforms
to the project definition established with the determination of the Commission
according to OAR 123-623-1700.
(5)
County
means the government of the county in which the Approved Project is located.
("County" instead refers to the tribe/tribal government, if the Approved
Project is anywhere on the reservation of a federally recognized Indian Tribe,
except with an SIZ)
(6)
Existing Property means any property, including
but not limited to portions or incremental units of property, that:
(a) Comprises all or part of a prior Approved
Project, unless the property was never actually subject to Abatement.
(b) At the time of the Department's receipt
of the Application, is already:
(A) Owned or
leased by the Applicant regardless of location, including but not limited to
previously acquired land or other property at the Approved Project's
site;
(B) Physically in the process
construction, reconstruction, improvement, modification or installation;
or
(C) Located in an SIZ if the SIZ
is the basis of Abatement under ORS
285C.606(2)
and
285C.626,
irrespective that the property is subsequently modified, refurbished,
remodeled, renovated, retrofitted or upgraded consistent with OAR
123-623-1700(3).
(7)
Retained
Jobs means the Total Jobs that existed some time before the
Approved Project became fully operational, or that are associated with later,
intra-firm transfer of operations within this state, according to OAR
123-623-4200.
(8)
SIZ means a strategic investment zone designated
by the Commission at the request of the County according to OAR 123-623-3000 to
123-623-3400.
(9)
Total Cost means the cumulative amount spent on
real and personal property comprising the Approved Project and subject to the
Abatement, adjusting only for property retired and removed from the project's
location(s).
(10)
Total Jobs means the total number of hours, for
which relevant jobs, employees or hires were paid over a year's time, divided
by 2,080, consistent with OAR 123-623-4200.
(11)
Urban
Project means an Approved Project located entirely outside a
"rural area" as defined under ORS
285C.600,
and hence, at least partially inside the urban growth boundary-as acknowledged
and in effect on the date of the Department's receipt of the Application:
(a) Of the Portland metropolitan region,
aside from the exceptions in OAR 123-632-1115; or
(b) That surrounds any city outside that
region, for which the population equals or exceeds 40,000 based on the most
recent decennial U.S. Census count (which currently consists of Albany, Bend,
Corvallis, Eugene, Medford, Salem-Keizer and Springfield).
Notes
Statutory/Other Authority: ORS 285A.075 & 285C.615(7)
Statutes/Other Implemented: ORS 285C.600 - 285C.635 & 307.123
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