The property is not to be operated as all or a part of a hotel, motel or destination resort; and
There is no known reason to conclude that the property or the firm will not satisfy any applicable requirements for the property to be exempt under ORS 285C.175 (Enterprise zone exemption) upon being placed in service.
Property may be exempt under this section for no more than two tax years, which must be consecutive.
In determining whether property is exempt under this section, the county assessor:
May require the submission of additional evidence by the authorized business firm or zone sponsor showing that the property qualifies for exemption under this section. If required, the additional evidence must be submitted on or before April 1 of the assessment year.