Tualatin, OR – Downtown Tualatin was nominated by Governor Tina Kotek for the federal Opportunity Zone 2.0 program.  This designation, once approved by the U.S. Department of the Treasury, will provide a triple tax benefit to investors in future downtown projects. 

“This designation incentivizes development without costing local taxpayers a dime.  We are glad Governor Kotek and the team at Business Oregon see the same opportunity in downtown that we do, and we are grateful they nominated Tualatin for this program.” – Frank Bubenik, Tualatin Mayor 

Opportunity Zone 2.0 designations go into effect on January 1, 2027, and last for 10 years.  During this time, investors in qualifying projects receive a rolling five-year capital gains deferral, a 10% basis step-up after five years, and pay zero capital gains taxes on appreciation after ten years.  See the provided graphic from Business Oregon and Healthy Sustainable Communities for more information. 

In addition to Downtown Tualatin, the selected census tract (41067032003) includes 900-acres of industrial land.  The boundaries of Tualatin’s Opportunity Zones are shown on the provided map.  Across the state, 229 census tracts were eligible for designation, 106 were nominated, and 58 were selected. 

To find additional program information visit:  www.oregon.gov/biz/programs/Opportunity_Zones/ 

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Celebrating Sherilyn Lombos: Tualatin City Manager Receives Statewide Award 

Tualatin City Manager Sherilyn Lombos has received the Herman Kehrli Award from the League of Oregon Cities (LOC), recognizing her contributions to local government and her lasting impact on Tualatin and communities across Oregon. 

Sherilyn received the award on October 16, 2026, at the League’s 101st Annual Conference in Salem. The award recognizes city employees whose work has made a lasting difference in their communities and in local government throughout Oregon. 

A Lasting Impact on Tualatin 

Serving as Tualatin’s city manager for more than 20 years, Sherilyn has helped guide the City through changing community needs, long-term planning, and countless decisions that shape both Tualatin’s present and future. Her thoughtful approach to decision-making and ability to balance current needs with future opportunities have positioned the city for financial stability and future growth. 

Just as important is how she leads. Sherilyn takes time to listen, considers the bigger picture, builds relationships, and advocates for Tualatin while working collaboratively with partners across the region. As the longest-serving city manager in Washington County, Sherilyn’s long-term leadership and mentorship will continue to influence the next generation of public servants.  

Congratulations, Sherilyn, on this well-deserved recognition! We’re grateful for your leadership and the many ways you continue to make a difference for Tualatin. 

About the Herman Kehrli Award 

From 1933 to 1966, Herman Kehrli served as executive secretary of the League of Oregon Cities and director of the University of Oregon’s former Bureau of Governmental Research and Service. A joint effort between the LOC and the Bureau established standards of excellence for local government officials through an agenda that included research, consultation, and training in city government affairs. Today, the quality of city government statewide is due in large part to the success of this joint effort  

About the League of Oregon Cities 

Founded in 1925, the LOC is a voluntary association representing all 241 of Oregon’s incorporated cities. The League helps city governments serve their citizens by providing legislative services, policy setting, intergovernmental relations, conferences and training, technical assistance, and publications.  

To learn more about the City of Tualatin, visit https://www.tualatinoregon.gov 

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