Laserfiche WebLink
<br />and adopted pursuant to ORS chapters 195, 196, 197, 215 and 227, <br />that are applicable at the time the application is approved; <br />(bi) In the case of multiple-unit housing subject to a low income housing <br />assistance contract with an agency or subdivision of this state or the United <br />States, <br />1. The application for exemption was made on or before January 1, 2012; <br />2. It is important to the community to preserve the housing as low income <br />housing and it is probable that the housing would not be produced as <br />or remain low income housing without the exemption being <br />granted[;and]. <br />(7) Unless the [council makes each of the findings] applicant complies with each of <br />the requirements contained in subsection (6) of this section, the council <br />shall deny the application. In addition to the owner's name and address, and a <br />legal description or the assessor's property account number for the subject <br />multiple-unit housing, the resolution approving the application shall contain the <br />above findings and set forth the specific conditions of approval or exclusions <br />therefrom and specify the percentage and duration of the exemption. A <br />resolution denying an application shall set forth the specific reasons for denial. <br />(8) An application that meets the requirements of subsection (6) of this section <br />and receives a score of at least 100 points on the public benefit scoring <br />system contained in the standards and guidelines shall be approved by the <br />council and the resolution granting the property tax exemption may be <br />placed on the council’s consent calendar. <br />(7) <br />9The city manager shall forward to the applicant a copy of the resolution <br />adopted by the council within 10 days from the date [a determination is made <br />under subsection (6) above] the council acts on the application, and on or <br />before April 1 following approval shall file with the county assessor a copy of the <br />resolution approving an application. <br />(8) <br />10 With respect to an application deemed approved through inaction of the <br />council under subsection (4) [hereof] of this section, on or before April 1 <br />following the expiration of the 180-day period, the city manager shall file with the <br />county assessor an administrative order containing the same findings and <br />information as required to be set forth in a resolution approving an application <br />and forward a copy thereof to the applicant. <br />(9) <br />11 In the case of a structure to which stories or other improvements are added or <br />a structure that is converted in whole or in part from other use to dwelling units, <br />only the increase in value attributable to the addition or conversion shall be <br />exempt from taxation. <br />(10) <br />2 If the multiple-unit housing is subject to a low income rental assistance contract <br />with an agency of this state or the United States, the city may extend the <br />exemption through June 30 of the tax year during which the expiration date of <br />the contract falls. <br /> <br /> <br />2.947 Multiple-Unit Housing - Termination of Approval, Review. <br />(1) <br /> After a resolution approving an application has been filed, if the city manager finds <br />that: <br /> <br /> <br />