Community Service Fee (CSF). Each year that Intel receives a SIP property tax partial exemption for a given Investment under the Project, Intel shall pay to County a CSF for that Investment, as provided by ORS 285C.609 (4) (b) (B), equal to twenty-five percent (25%) of the property taxes exempted in each tax year on each Investment, but not exceeding $2 million in any one year for each Investment. On or about Nov. 15, County shall provide Intel with a statement describing its calculations and the amount due and Intel shall pay within thirty (30) days thereafter. Intel may challenge the determination as provided in Section 8.
