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Yamhill County to back municipal Opportunity Zone nominations, declines a countywide application
Summary
Commissioner Johnston outlined Opportunity Zone 2.0 and proposed a county application; the Board reached consensus not to apply for a county zone and authorized staff to draft support letters for three municipal submissions.
At its May 14 meeting the Yamhill County Board of Commissioners authorized staff to draft and submit letters of support for three Opportunity Zone nomination applications submitted by municipalities within the county, and decided not to submit its own countywide application.
Commissioner Kit Johnston summarized Opportunity Zone 1.0 as temporary and described Opportunity Zone 2.0 as allowing up to two zones in Yamhill County. He reviewed several municipal project proposals and proposed the County pursue an application. The commissioners reached consensus instead to provide support for the municipal submissions rather than apply on behalf of the County.
The Board voted to authorize staff to prepare support letters; Commissioner Johnston moved approval and the motion passed with Commissioners Johnston, Starrett and King voting aye.
Next steps: staff will prepare support letters for the three municipal nominations and submit them in accordance with the nomination process outlined by the Opportunity Zone program. The transcript does not specify which municipalities submitted applications or the projects proposed; that information was summarized by the Commissioner but not entered verbatim in the record.
