The goal of the Oro Valley Primary Employer Incentive Program is to facilitate long-term community financial sustainability in Oro Valley through the generation of new primary job opportunities and capital investment in the Town. This program aims to encourage the recruitment and development of new primary employers in addition to the expansion of existing ones.
MINIMUM PRIMARY EMPLOYER QUALIFICATIONS
To qualify for this program, employers must:
• Invest at least $1 million in direct capital investment in Oro Valley; Or
• Create at least 10 net new full-time, primary employer job opportunities in Oro Valley that pay at least $40,000 annually and meet the median wage in the pertinent industry sectors as determined by government-sourced wage data; AND
• Be classified as a primary employer.
Menu of Potential Incentive Credits
Eligible employers can request reimbursement of up to 100% of the project’s construction sales tax collections applied to any of the following expenses:
- Employee relocation expenses: Assistance with the cost of employee relocation (allowable expenses at the discretion of the employer).
- Exterior building aesthetics: Expenses such as building façade or exterior features that improve the appearance of the property. Projects must conform to Oro Valley design standards.
- Renovation expenses: Costs associated with renovating and/or repurposing an existing site for primary employer use by a new or expanding business.
- Job training: Expenses incurred for training employees, including interns and apprentices.
- Sustainable development: Costs associated with investment in renewable energy and sustainability best practices.
- Public infrastructure: Costs of constructing public infrastructure needed to access the employer’s facilities.
- Impact fee offsets: The required development/impact fees applied to a project based on the schedule adopted as of the time of construction may be offset by construction sales taxes collected on the project.
- In addition to reallocation of capital investment revenues for the qualified expenses outlined above, Ordinance 97-27, which states that 1% of the total budget for every new construction project or expansion of existing projects must be allocated for public art, may be capped at $100,000.
- The Town of Oro Valley may offer reductions of any permit or plan review fees, as well as an expedited permitting process.
Click here for a printable pdf highlighting our Oro Valley Primary incentive Program.(PDF, 1MB)
Click here for complete text version of the Oro Valley Primary Incentive Program.(PDF, 376KB)