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(c) The person’s desired use of the property is <br />restricted by one or more land use regulations enacted <br />after January 1, 2007; and <br />(d) The enactment of one or more land use regulations <br />after January 1, 2007, other than land use regulations <br />described in ORS 197.352 (3), has reduced the fair <br />market value of the property. <br />(2) For purposes of subsection (1) of this section, the <br />reduction in the fair market value of the property <br />caused by the enactment of one or more land use <br />regulations that are the basis for the claim is equal to <br />the decrease, if any, in the fair market value of the <br />property from the date that is one year before the <br />enactment of the land use regulation to the date that is <br />one year after the enactment, plus interest. If the claim <br />is based on the enactment of more than one land use <br />regulation enacted on different dates, the reduction in <br />the fair market value of the property caused by each <br />regulation shall be determined separately and the <br />values added together to calculate the total reduction in <br />fair market value. Interest shall be computed under this <br />subsection using the average interest rate for a one-year <br />United States Government Treasury Bill on December 31 <br />of each year of the period between the date the land use <br />regulation was enacted and the date the claim was filed, <br />compounded annually on January 1 of each year of the <br />period. A claimant must provide an appraisal showing <br />the fair market value of the property one year before the <br />enactment of the land use regulation and the fair <br />market value of the property one year after the <br />enactment. The actual and reasonable cost of preparing <br />the claim, including the cost of the appraisal, not to <br />exceed $5,000, may be added to the calculation of the <br />reduction in fair market value under this subsection. <br />The appraisal must: <br />(a) Be prepared by a person certified under ORS chap- <br />ter 674 or a person registered under ORS chapter 308; <br />(b) Comply with the Uniform Standards of <br />Professional Appraisal Practice, as authorized by the <br />Financial Institutions Reform, Recovery, and <br />Enforcement Act of 1989; and <br />(c) Expressly determine the highest and best use of <br />the property at the time the land use regulation was <br />enacted. <br />(3) Relief may not be granted under this section if the <br />highest and best use of the property at the time the land <br />use regulation was enacted was not the use that was <br />restricted by the land use regulation. <br />(4) If the claimant establishes that the requirements of <br />subsection (1) of this section are satisfied and the land <br />use regulation was enacted by Metro, a city or a county, <br />the public entity must either: <br />(a) Compensate the claimant for the reduction in the <br />fair market value of the property; or <br />(b) Authorize the claimant to use the property without <br />application of the land use regulation to the extent <br />necessary to offset the reduction in the fair market <br />value of the property. <br />(5) If the claimant establishes that the requirements <br />of subsection (1) of this section are satisfied and the <br />land use regulation was enacted by state government, <br />as defined in ORS 174.111, the state agency that is <br />responsible for administering the statute, statewide <br />land use planning goal or rule, or the Oregon <br />Department of Administrative Services if there is no <br />state agency responsible for administering the statute, <br />goal or rule, must: <br />(a) Compensate the claimant for the reduction in the <br />fair market value of the property; or <br />(b) Authorize the claimant to use the property without <br />application of the land use regulation to the extent <br />necessary to offset the reduction in the fair market <br />value of the property. <br />(6) A use authorized by this section has the legal <br />status of a lawful nonconforming use in the same <br />manner as provided by ORS 215.130. The claimant may <br />carry out a use authorized by a public entity under this <br />section except that a public entity may waive only land <br />use regulations that were enacted by the public entity. <br />When a use authorized by this section is lawfully <br />established, the use may be continued lawfully in the <br />same manner as provided by ORS 215.130. <br />(Procedures for Actions on New Claims) <br />SECTION 13.(1) A person filing a claim under <br />section 12 of this 2007 Act shall file the claim in the <br />manner provided by this section. If the property for <br />which the claim is filed has more than one owner, the <br />claim must be signed by all the owners or the claim <br />must include a signed statement of consent from each <br />owner. Only one claim for each property may be filed <br />for each land use regulation. <br />(2) A claim filed under section 12 of this 2007 Act <br />must be filed with the public entity that enacted the <br />land use regulation that is the basis for the claim. <br />(3) Metro, cities, counties and the Department of Land <br />Conservation and Development may impose a fee for <br />the review of a claim filed under section 12 of this <br />2007 Act in an amount not to exceed the actual and <br />reasonable cost of reviewing the claim. <br />(4) A person must file a claim under section 12 of this <br />2007 Act within five years after the date the land use <br />regulation was enacted. <br />(5) A public entity that receives a claim filed under <br />section 12 of this 2007 Act must issue a final determina- <br />tion on the claim within 180 days after the date the <br />claim is complete, as described in subsection (9) of this <br />section. <br />(6) If a claim under section 12 of this 2007 Act is filed <br />with state government, as defined in ORS 174.111, the <br />claim must be filed with the department. If the claim is <br />filed with Metro, a city or a county, the claim must be <br />filed with the chief administrative office of the public <br />entity, or with an individual designated by ordinance, <br />resolution or order of the public entity. <br />(7) A claim filed under section 12 of this 2007 Act <br />must be in writing and must include: <br />(a) The name and address of each owner; <br />(b) The address, if any, and tax lot number, township, <br />range and section of the property; <br />(c) Evidence of the acquisition date of the claimant, <br />including the instrument conveying the property to the <br />claimant and a report from a title company identifying <br />the person in which title is vested and the claimant’s <br />acquisition date and describing exceptions and <br />encumbrances to title that are of record; <br />(d) A citation to the land use regulation that the <br />claimant believes is restricting the claimant’s desired <br />use of the property that is adequate to allow the public <br />entity to identify the specific land use regulation that is <br />the basis for the claim; <br />Measure 49 <br />Official 2007 November Special Election Voters’ Pamphlet <br />16 | State Measures <br />continued September 24, 2018, Meeting - Item 3