ContractStrategic Investment Program Agreement • August 5th, 2014 • Oregon
Washington County, a political subdivision of the State of Oregon (the “County”), the City of Hillsboro, a municipal corporation (the “City”), and Intel Corporation (“Intel”), enter into this Strategic Investment Program (“SIP”) Agreement (the “2014 SIP Agreement”).
AGREEMENTStrategic Investment Program Agreement • October 19th, 2010
, 2006 between Washington County, a political subdivision of the State of Oregon (“County”), the City of Hillsboro, a municipal corporation (“City”), and Genentech Inc. (“Genentech”).
AGREEMENTStrategic Investment Program Agreement • January 31st, 2020
Umatilla County, a political subdivision of the State of Oregon (the “County”) and, the City of Umatilla, a municipal corporation (the “City”), enter into this agreement (“Agreement”) for allocation and distribution of the Additional Annual Improvement Payment under Strategic Investment Program Agreement (the “SIP Agreement”) this day of _ , 2020 (the “Execution Date”) and shall be effective as of August 29, 2017 (the “Effective Date”). Each of the County and the City is referred to as a “Party” and collectively as the “Parties.”
Intel Strategic Investment Program AgreementsStrategic Investment Program Agreement • August 5th, 2014
Washington County, the City of Hillsboro and Intel Corporation recently negotiated a proposed 30-year agreement that would provide up to $100 billion of investment over multiple, concurrent 15-year periods beginning as soon as 2015. As with past agreements, the 2014 proposal would require Intel to pay the equivalent of full property taxes on all land and buildings associated with each SIP project. The proposal would allow for partial property tax savings to Intel for investment in machinery and equipment used for semiconductor manufacturing. This machinery and equipment costs billions of dollars to create and can become obsolete within a few years.
