Item 1: PH on Ordinance Establishing Real Property Value-Added Charge

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not requested by or on behalf of a property owner, and instead was initiated by the city or another governmental entity, the charge shall not be imposed at the time of that change or amendment. Instead, the charge shall be imposed if, and at the time that, the property owner submits an application to the city for an approval – such as a development permit, as defined in section 9.0500 of this code, or land use approval - that could not be approved but for the zone change, Metro Plan or refinement plan amendment or UGB amendment. (4) Measure of Increase in Real Market Value, The increase, if any, in the real market value of the property shall be measured by the change in the real market value of the land under its new zone, designation or UGB status, as compared to its real market value under its prior zone, designation or UGB status. The change in real market value shall be determined as provided in section 2.105 of this code. 2.105 Real Property Value-Added Charge – Determining Changes in Real Market Value. (1) The city manager shall adopt an administrative rule pursuant to section 2.019 of this code that establishes a per acre real market value for different zones and plan designations for property inside the city. The values adopted by the manager shall be based on the median real market value per acre for land in the city with that zone or designation according to data maintained by Lane County Assessment and Taxation. The city manager may update the values contained in the administrative rule whenever the manager determines that the most recent assessment and taxation data justifies updating the administrative rule. (2) Except as provided in subsections (4) through (7) of this section, the per-acre values established by this administrative rule shall be used to determine the value of the property following the change in zoning, plan designation or UGB status, by multiplying the applicable per-acre value times the acreage of the property subject to the zone change, or amendment to the plan designation or UGB. (3)Except as provided in subsections (4) through (7) of this section, the pre-change value of the property shall be equal to the real market value assigned to the land by Lane County Assessment and Taxation immediately prior to its rezoning or redesignation. (4) If a property owner disagrees with the real market values as determined under subsections (1) through (3) of this section, the property owner may obtain and submit to the city an appraisal for the property from an appraiser certified by the State of Oregon as a General Appraiser. The appraisal must comply to the maximum extent possible with the Uniform Standards of Professional Appraisal Practice, and shall include appraised amounts for the property both (a) prior to the change in zoning, plan designation or UGB status, and (b) subsequent to the change. Ordinance - 2