Eagle Point, Oregon offers prospective business developers a special tool in building their companies. Eagle Point's commercial lands are included in what is known as an Enterprise & E-Commerce Zone. These state-designated zones are established to:
> Freeze property tax rates to pre-building levels.
> Be available for traded- sector businesses, hotels & resorts and e-commerce operations.
The freeze in tax rate happens when:
> New building or expansion takes place.
> New employees are added (numbers vary for new construction vs. expansion)
The frozen tax rates can last from 3 to 5 years.
Contact Eagle Point's Economic Development Team to learn more.
Eagle Point's Economic Development Team
Bob Russell, Mayor
Jonathan Bilden, Economic Development Commission Chair