Get email alerts on the Economic Development topic
No spam. Unsubscribe anytime.
Board approves St. Cousair application for Rural Industrial Tax Exemption
Summary
The Board unanimously approved a Rural Industrial Tax Exemption application for St. Cousair; applicant said company growth since 2017 was about $5,000,000 and the exemption requires sign‑off by 75% of taxing districts and annual compliance reporting.
The Yamhill County Board of Commissioners voted Aug. 20 to approve a Rural Industrial Tax Exemption application from St. Cousair, a company that presented growth of roughly $5,000,000 since 2017.
Naoki Kuze summarized the company’s operations, noting the exemption is intended to encourage continued growth. Commissioners were told the application must be signed by 75% of the taxing districts before filing with the County Assessor and that the company must submit annual reports to demonstrate continued compliance with the program. Commissioner Johnston moved approval; the motion passed with Commissioners Johnston, Starrett and King voting aye.
County staff did not provide a projected dollar value for the exemption in the meeting record; the Board’s action was approval of the application to proceed through the statutory sign‑off and assessor filing process.
AI generated
The text on this page is AI generated. Summaries, highlights, analysis, and video transcripts are all produced from the original source material.
AI can make mistakes, so if you spot one, and we will fix it for everyone.
Note: the source content is unaltered by us. Any content source we link to, be it a video, an audio recording, or a document, is presented exactly as its publisher released it. That publisher is usually a government body, sometimes an individual official or another organisation.
