Oregon Revised Statutes Title 26A. Economic Development § 285B.625

(1) Traded sector industries are the foundation of state and regional economic development strategies for long-term prosperity and job creation.

(2) Industrial development that provides new traded sector jobs reinforces the economies of local and regional communities and contributes to the economic recovery of the State of Oregon.

(3) There is a shortage of market-ready regional industrial sites in this state. Project sponsors have limited financial tools to facilitate development of significant and complex industrial sites that are appropriate for traded sector industrial use.

(4) Public assistance is necessary to overcome development-related constraints and to incentivize industrial site development in this state.

(5) The State of Oregon has a significant interest in the success of regional economic development strategies and is the primary beneficiary from increased income tax revenues generated by such economic development. These revenues should be shared and invested in facilitating significant site development for traded sector industrial use in this state.