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In order to encourage new businesses to locate in North Plains the City Council adopted a package of incentives in October 2011 which will expire in December 2013:
Waiver of Business License Set-up Fee $70
Waiver of Business Licence Fee for first year $50
Waiver of Similar Use Determination Fee $900
Reduction of Sign Permit fee to $30
Reduction of Design Review Fee (Waive 75% up to $2,400)
Reduction of Mechanical Permit Fee to $25
Reduction of Building Permit Fee to $50
Financing of City-imposed System Development Fees to spread costs over several years of business.
E-Commerce Zone
The City offers an Electronic Commerce (E-Commerce) Zone Program to qualifiying businesses within the E-zone boundary, which provides additional tax incentives for companies who conduct business primarily through electronic channels.
STATE INCENTIVE
Strategic Investment Program
The Strategic Investment Program (SIP) exempts a portion of large capital investments from property taxes. The program is available statewide for projects developed by "traded-sector" businesses, most often used for manufacturing firms. "Traded sector" is defined in Oregon law as "industries in which member firms sell their goods or services into markets for which national or international competition exists."
Depending on the investment size, the Strategic Investment Program can offer exceptional benefits in terms of net present value.
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