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Tigard council votes 6–1 to pursue redesignation of Tigard–Lake Oswego enterprise zone, excluding Lake Oswego
Summary
After a presentation and discussion of performance and qualification metrics, Tigard’s council voted 6–1 to pursue redesignation of the Tigard–Lake Oswego Enterprise Zone, removing the Lake Oswego portion from the boundary and beginning the state notification process.
The Tigard City Council voted 6–1 to pursue redesignation of the Tigard–Lake Oswego Enterprise Zone and to remove the portion of the zone that lies within the City of Lake Oswego.
Economic Development Manager Danelle Hawthorne and consultant Brennan Buckley of Johnson Economics presented an audit of the zone ahead of its natural expiration at the end of the fiscal year. The enterprise zone, originally designated in 2014, provides a three‑year property tax abatement in exchange for documented capital investment and job creation commitments by participating companies.
Buckley told council staff reviewed block‑group level census metrics and compared the zone to the Portland‑Vancouver…
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