100% property tax exemption for new construction and equipment installed in the plant or on property for a minimum period of three years.

Tax exemption can be extended for two additional years at the discretion of local zone sponsors.  Employee compensation must be 150% of the average wage of Lake County.

Enterprise Zone businesses may negotiate to least or purchase land or buildings that are owned by Lake County or the Town of Lakeview if the property is developed for pre-certified use.

Manufacturing and distribution are eligible services.

Designed to attract large scale investments to Oregon's key industries.

Exempts a major portion of large investments from property taxes with local approval.

Manufacturer pays community a service fee equal to 25% of the abated taxes up to a maximum of $2 million annually.

New commercial facilities will be exempt from property taxes while they are under construction and not in use on July 1st of taxing years.

Valid for two years for manufacturing projects.

Exemption also applies to machinery and equipment.

Administered by the Oregon Economic Development Department (OEDD).

Funded by lottery dollars.  Money used to leverage additional monies through partnerships with State and Federal agencies as well as private businesses.

Monies are invested in projects or business ventures which create jobs.

Program implemented through Regional Strategies Boards which are made up of adjacent Counties in partnership with each other.

Lake County is a participating member of the South Central Oregon Economic Development District.

Project selection based on relationship to Key Industries.

Forest Products - designed to secure stable timber supply through:

Agriculture - commodity driven by encouraging:

Tourism - goal driven to: