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2007-427-Resolution No. 2007-042 Recorded 4/6/2007REVIEWED J,& — LEGAL COUNSEL DESCHUTES COUNTY CLERKS �d �00�'��1 NANCY COMMISSIONERS' JOURNAL 1111111111111111111111111111111111111 2007-427 04/06/Z007 09 ; Z2 ; 00 AM BEFORE THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON A Resolution Requesting that the Oregon Economic and Community Development Commission Issue * RESOLUTION NO. 2007-042 State Revenue Bonds to Assist Breedlove Guitar Holdings LLC in Building a Larger Manufacturing Facility Within the County. WHEREAS, Breedlove Guitar Holdings LLC ("Breedlove"), one of the last custom guitar manufacturers in the United States, has outgrown its current guitar manufacturing facility in the Tumalo Rural Community, as described in Exhibit A, attached and incorporated by reference herein, and WHEREAS, Breedlove has a site in the City of Bend ("Bend") near Summit High School that could accommodate a larger manufacturing facility but needs financial assistance to build the larger facility, and WHEREAS, on or about March 23, 2007, Clark Jackson, the Central Oregon Business Development Officer for the Oregon Economic and Community Development Department informed Deschutes County ("County") about Breedlove's application to the Oregon Economic and Community Development Commission ("ECDC") for financial assistance with the construction of Breedlove's new facility ("Breedlove Project"), and WHEREAS, Mr. Jackson also informed the County of the requirement in ORS 285B.332 for a resolution from the County Board of County Commissioners ("Board") in order for the ECDC to be able to consider the Breedlove Project as an "eligible project" pursuant to ORS 285B.323(3) and OAR 123-011-0035 for purposes of issuance of state revenue bonds to assist the Breedlove Project, and WHEREAS, the Project is located within the boundaries of the County, and WHEREAS, the Board finds that the County's acknowledged comprehensive plan and land use regulations are not applicable to the Breedlove Project because the Breedlove Project's new location will be within the city limits of Bend and, therefore, not under the County's jurisdiction, and WHEREAS, the Board Ends that the completion of the Breedlove Project in Bend would be in the best interests of the citizens of the County because Breedlove would not have to search for a larger facility outside the County, would continue to provide economic opportunities within the County and would, therefore, foster legislative policy as set forth in ORS 285B.320, and WHEREAS, the Breedlove Project complies with the County's economic development plan because, for years the County has been a member of the Economic Development for Central Oregon ("EDCO"), a private, non- profit organization dedicated to improve the regional economy of Central Oregon and the EDCO economic development plan strives to maintain and increase light industrial and manufacturing businesses within the region; now, therefore, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON, as follows: PAGE 1 of 2 — RESOLUTION NO. 2007-042 (04/04./07) Section 1. The County requests that the ECDC determine that the Breedlove Project is an eligible project and requests that the State of Oregon assist in the financing of the Breedlove project through the issuance of State revenue bTV—day as provided by ORS 285B.320 to ORS 285B.371. { DATED this T"day of '2007. ATTEST: $MAk)! UktA, Recording Secretary PAGE 2 OF 2 — RESOLUTION NO. 2007-042 (04/04./07) BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON Laurie Craghead From: Clark JACKSON [Clark.Jackson@state.or.usj Sent: 'Thursday, March 22, 2007 2:47 PM To: Laurie Craghead Subject: RE: Request for a Deschutes County Resolution approving thesale of State of Oregon Bonds Attachments: Sample County Resolution.doc IN Sample County Resolution.doc (— Laurie Craghead, The State of Oregon, through the Oregon Economic and Community Development Department, is requesting a resolution from the Board of County Commissioners approving the sale of $2.7 million in industrial development revenue bonds to finance the construction of a new headquarters building for Breedlove Guitar Company. The company is currently located in two rented buildings in Tumalo. The new building will be located on lot 13 in the Northwest Crossing, District 2 subdivision. The tax lot is 306, County Assessor's Map 17-11-36. The building will be 20,272 square feet. Breedlove Guitar has grown from 4.5 employees in 1999 to 41 employees today. The company expects to grow to 56 employees by 2010. Breedlove Guitar manufactures and sells guitars and mandolins. Thanks, Clark Jackson Clark Jackson Business Development Officer Oregon Economic and Community Development Department 541-388-6266 fax 541-388-6705 PAGE 1 OF 1— EXHIBIT A To RESOLUTION NO. 2007-042 (04/04./07)