Ordinance No. 20556 - Laserfiche WebLink

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neighborhood association, and then included in the application copies of comments received from the meetingor documentation of the applicant’s attempt to solicit comments. (4) Following receipt of a completed application, the city manager shall retain an independent outside professional consultant to review the project’s financial pro-forma, with the costs of that review to be paid for by the applicant. The city manager shall also convene the review panel authorized by subsection (13) of this section to review the applicationand the independent consultant’s conclusions.The review panel shall make a recommendation to the city manager about whether the application meets the criteria in section 2.946, and provide any other comments about the project’s financial projections. After the city manager receives the review panel’s recommendation and comments, but in no event later than 135days following submission of the application, the city manager shall provide the council with the city manager’s recommendation on the application, and shall provide to the council the independent consultant’s conclusions as well as the review panel’s conclusions. (5) Upon receipt of the city manager's written recommendation on an application, the council shall consider the application, the city manager’s written recommendation, and any written comments submitted on the application. If the council fails to act on an application within 180 days from the date it was filed, the application shall be deemed approved and processed thereafter in accordance with subsection (10) of thissection. (6) At the meeting at which the city manager's recommendation on an application is considered,or at a subsequent meeting, the council shall adopt a resolution approving the application and granting the property tax exemption, or adopt a resolution disapproving the application and denying the property tax exemption. (7) The council shall approve an application if the councildetermines that the criteria described in section 2.946 of this code have been met. The resolution approving the exemptionshall set forth any specific conditions of approval. The exemption may not include the land or any improvements not a part of the multiple-unit housing. The exemption may include parking constructed as part of the multiple-unit housing construction, addition or conversion, and commercial property to the extent that the commercial property is a required design or public benefit element of a multiple-unit housing construction, addition or conversion approved by the city. In the case of a structure to which stories or other improvements are added or a structure that is converted in whole or in part from other use to dwelling units, only the increase in value attributable to the addition or conversion may be exempt from taxation. (8) If the council determines that one or more of the criteria in section 2.946 of this code are not met,the council shall deny the application. The resolution denying an application shall set forth the specific reasons for denial. (9) The city manager shall forward to the applicant a copy of the resolution adopted by the council within 10 days from the date the council acts on the application.In addition, on or before April 1 following approval, the city manager shall file with the county assessor a copy of the resolution approving an application. (10) With respect to an application deemed approved through inaction of the council under subsection (5) of this section, on or before April 1following the expiration of the 180-day period, the city manager shall file with the county Ordinance -Page 2of 11