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Layer: Strategic Investment Zone (ID: 4)

Name: Strategic Investment Zone

Display Field: NAME

Type: Feature Layer

Geometry Type: esriGeometryPolygon

Description: The Gresham Stategic Investment Zone covers 500 acres of industrial land. Qualifying traded-sector business investments within this geographic area that meet the SIZ criteria are eligible for partial property tax abatement for 15 years.A Strategic Investment Zone (SIZ), enabled during the 2005 Oregon Legislature (SB 879), is a form of Oregon's Strategic Investment Program (SIP).How the SIZ worksWhen an eligible company locates within the SIZ, it pays property taxes on the first $100 million of value of the improvements. The value above $100 million is abated. This partial property tax abatement lasts for 15 years. In addition to paying taxes on the first $100 million, the company pays an amount equal to 25% of the taxes, which would otherwise have been due, up to $2 million per year; this payment is called a community service fee. When a company’s taxable assessed value exceeds $750 million, additional payments are required. The company must enter into a first source hiring agreement with a third-party purveyor, to encourage hiring locally in East Multnomah County.

Service Item Id: d7329332e7b54a86979c3fb766f8c176

Copyright Text: Gresham GIS Team

Default Visibility: false

MaxRecordCount: 2000

Supported Query Formats: JSON, geoJSON, PBF

Min Scale: 75000.0

Max Scale: 0.0

Supports Advanced Queries: true

Supports Statistics: true

Has Labels: true

Can Modify Layer: true

Can Scale Symbols: false

Use Standardized Queries: true

Supports Datum Transformation: true

Extent:
Drawing Info: Advanced Query Capabilities:
HasZ: false

HasM: false

Has Attachments: false

HTML Popup Type: esriServerHTMLPopupTypeNone

Type ID Field: null

Fields:
Supported Operations:   Query   Query Attachments   Query Analytic   Generate Renderer   Return Updates

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