(1) "Open space land" means:
(a) Any land area so designated by an official comprehensive land use plan adopted by any city or county; or
(b) Any land area, the preservation of which in its present use would:
(A) Conserve and enhance natural or scenic resources;
(B) Protect air or streams or water supply;
(C) Promote conservation of soils, wetlands, beaches or tidal marshes;
(D) Conserve landscaped areas, such as public or private golf courses, which reduce air pollution and enhance the value of abutting or neighboring property;
(E) Enhance the value to the public of abutting or neighboring parks, forests, wildlife preserves, nature reservations or sanctuaries or other open space;
(F) Enhance recreation opportunities;
(G) Preserve historic sites;
(H) Promote orderly urban or suburban development; or
(I) Retain in their natural state tracts of land, on such conditions as may be reasonably required by the legislative body granting the open space classification.
(2) "Current" or "currently" means as of next January 1, on which the property is to be listed and valued by the county assessor under ORS chapter 308.
(3) "Owner" means the party or parties having the fee interest in land, except that where land is subject to a real estate sales contract, "owner" shall mean the contract vendee. [Formerly 308.740]
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