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37-576-Resolution No. 81-026 Recorded 3/18/1981VOL J t PAGE 576 BEFORE THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON A Resolution Adopting an Industrial ) Lease Policy for Deschutes County, ) Oregon. ) RESOLUTION NO. 81-026 WHEREAS, the Board of County Commissioners manages certain public lands within Deschutes County, Oregon; and WHEREAS, some lands under the management of Deschutes County are zoned for industrial uses; and WHEREAS, in furtherance of the proper management of such lands, it is in the best interest of Deschutes County to adopt an industrial lease policy; now, therefore, BE: IT RESOLVED BY THE BOARD OF COUNTY :COMMISSIONERS OF DESCHUTES COUNTY, OREGON, as follows: Section 1. That the Industrial Lease Policy, marked Exhibit A,,attached hereto and by this reference incorporated herein, be adopted as the Industrial Lease Policy for Deschutes County, Oregon. DATED this �r4day of %ahc,4 1981. ATTEST: SUSAN STONEMAN Recording Secretary RESOLUTION NO. 81-026, PAGE 1 BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON e4.'v' C/ 4!::v % -, /) ROBERT C. PAULSON, JR., Cha ioplr-� VOL 37nu 577 INDUSTRIAL LEASE POLICY 1. The provision of employment within Deschutes County by making industrial land available is a benefit to all citizens in the County. 2. It is in the best interest of Deschutes County to encourage the establishment of industrial uses on public lands that are zoned for such uses. 3. Deschutes County should not adversely affect or com- pete with private industry while leasing its public lands. 4. It is in the public interest to rent public lands at a price that will encourage the retention of and establishment of business that might otherwise locate in other communities. 5. Taxes shall be collected as part of the rent on all public lands leased by the County at the land's full assessed value. 6. The rent, including taxes, for any industrial property shall be established at rates reasonably calculated to retain and encourage industry in the County. Initially, rent, including taxes, charged should be two times the real property taxes assessable to the property as if the property were privately owned. 7. Each lease entered into for industrial property shall be reviewed on an annual basis in November of each year to ensure the County's Industrial Lease Policy is being implemented by the terms and conditions of the lease. 8. The term of industrial leases shall be the minimum necessary to effect the purposes of this Policy. 9. Increases in rent should not exceed two times the amount of increase in taxes as if the property were privately owned, or the amount of the previous year's rent times the percentage change in the EXHIBIT A, PAGE 1 . . VOL 37PAGE 578 Portland Consumer Price Index as of the previous July 1, whichever is greater. 10. Insurance, naming the County as a co-insured, shall be provided in conjunction with all industrial leases. EXHIBIT A, PAGE 2 INDUSTRIAL LEASE POLICY