The property, a former Albertson's grocery store that anchors alargely vacant strip mall, is owned by a woman from California.Helga Conrad, director of the Umpqua Economic DevelopmentPartnership, tells there are "still issues to be workedout," but if a lease agreement is consummated it would likely bedone by September.

Assuming a signed agreement, Conrad says Dell would invest $1million into the facility and have it up and running in just 90days with some 200 employees. "By January of next year, they wantto have 300 employees working there," says Conrad.

The public subsidies would include:

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