(1) Following public hearings, adopt an economic development plan, either through its own efforts or in combination with other public bodies and advisory committees, which plan, if adopted, shall:
(a) Recognize and reflect the need for adequate employment and income for residents, considering both present and expected future population levels.
(b) Clearly state community economic goals and provide a detailed program to carry out those goals.
(c) Be based on an analysis of the present and expected future economic base, which analysis shall consider, but not be limited to, natural resources, human resources, industrial and commercial structure, land use and ownership, public facilities and services, transportation, housing, availability of capital and regional economic interactions.
(d) Provide industrial and commercial sites suitable for the expected future amount and type of growth and expansion and appropriate for their intended purpose, site size and site distribution, transportation access and available services.
(e) Consider housing in the area and show the availability of housing is sufficient for the projected workforce increase or include definitive plans for expanding the housing stock to meet the anticipated workforce growth.
(f) Stress cost-effectiveness and the need for a timely government response to private sector development efforts.
(g) Set forth the boundaries the economic development plan encompasses, if different from county boundaries.
(2) Assemble, hold and develop sites and facilities for industrial and commercial activities as provided in ORS 271.510 to 271.540, with the power to make available real property to private or public entities at a value determined by the county to be its fair market value. [1979 c.182 §1; 1991 c.878 §2]
Structure 2021 Oregon Revised Statutes
Volume : 07 - Public Facilities and Finance
Section 280.040 - Definitions for ORS 280.040 to 280.145; use of certain tax revenues.
Section 280.057 - Local option taxes for community colleges; maximum amount.
Section 280.064 - Period for use of revenues raised by local option tax.
Section 280.075 - Ballot statements for local option tax measures.
Section 280.080 - Contents of order, resolution or ordinance calling election.
Section 280.410 - Definitions for ORS 280.410 to 280.485.
Section 280.415 - Legislative findings.
Section 280.420 - Eligibility of projects for financing; standards; ordinance for applications.
Section 280.425 - City powers concerning property.
Section 280.430 - Contractual powers of city; requirements for project loans and leases.
Section 280.440 - Authority to issue revenue bonds.
Section 280.445 - Factors considered in determining whether to issue bonds.
Section 280.470 - Covenants in bonds allowed.
Section 280.475 - Limitations of bonds; recitals.
Section 280.480 - Powers and rights of bondholders.
Section 280.500 - County economic development plan; criteria.
Section 280.505 - Coordination of plan with other local governments and plans.
Section 280.508 - County public purpose revolving loan fund.