Since 2010 the City of Stayton has sponsored an Oregon Enterprise Zone that covers the City's industrial zones. The North Santiam Enterprise Zone was redesignated by the City in 2021.
Enterprise Zone provides a short term (3 to 5 year) exemption from
property taxes on improvements to qualified businesses that increase
employment in the zone. Since inception of the North Santiam Enterprise Zone, there have been three business expansions approved for tax exemptions, Littau Harvester for an estimated value of $575,000 in improvements with 9 new jobs; Willamette Valley Lumber for an estimated value of improvements of $1,560,000 with 35 new jobs; and Redbuilt, LLC for an estimated value of improvements of $2.8 million with 14 new jobs.
In order to qualify for the basic, 3–year Enterprise Zone exemption (“as–of–right”), a business must be a "traded sector" business and must:
- Increase full-time, permanent employment of the firm inside the enterprise zone by the greater of one new job or 10%
- Generally have no concurrent job losses outside/beyond the zone boundary
- Maintain minimum employment levels during exemption period
- Enter into first-source agreement with local job training providers
An Extended Abatement, of 4 or 5 years, may be available. The requirements for the Extended Abatement are the same as 3–year, plus . . .
“Compensation” of new workers at 150 percent of the Marion County average wage
- Local approval by written agreement with the City
on the links below for a map of the North Santiam Enterprise Zone, and other
materials about Enterprise Zones. More detailed information can be
found on the Business Oregon website.
City of Stayton has made arrangements with the Strategic Enterprise
Development Corporation in Salem to assist in the management of the
Enterprise Zone. Businesses can receive assistance in completing the
paperwork to qualify and receive the tax exemptions by contacting SEDCOR.
For additional information regarding the North Santiam Enterprise Zone, contact Dan Fleishman, Planning & Development Director.