Or. Admin. R. 123-070-1800 - Local/Case-Specific Modifications to the First Source Agreement
For purposes of OAR 123-070-1700, the First Source Agreement may be modified or amended as follows, as long as such modification or amendment does not alter or nullify the clear expression or the intent of any provision in OAR 123-070-1700(1):
(1)
The Contact Agency or the Providers under the Interagency Agreement covering
the geographic area in which the Benefited Business is located may add other
substantive provisions or components to the First Source Agreement, but only
through and pursuant to mutual consent by the Benefited Business, unless
otherwise allowed in sections (2) or (3) of this rule or for data reporting as
described in OAR 123-070-1900(4) and (5).
(2) As initiated or agreed to by the Contact
Agency and Providers, a locally developed model First Source Agreement may
include provisions that are conditions for receiving local administered
incentives that are in addition to state lottery or property tax benefits. Such
conditions do not, however, affect the benefits of programs listed in OAR
123-070-1150(1) or (2).
(3) With
the consent and approval of the sponsor of an urban enterprise zone, the
Contact Agency may add local conditions that are derived directly from the
policy adopted by the sponsor under ORS
285C.150 to the regular format
of the First Source Agreement that is used for the Benefited Businesses in that
zone, and such additional provisions of the First Source Agreement shall be
conditions for the enterprise zone property tax exemption consistent with the
standards in the zone sponsor's policy.
Notes
Stat. Auth.: ORS 285A.075 & 285C.060(1)
Stats. Implemented: ORS 285C.060, 285C.105, 285C.215, 285C.606 & 461.740
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