Ordinance No. 20073 - Laserfiche WebLink

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~a} Construction of multiple-unit rental housing was not completed on or before July 1,1998, and no extensions as provided in subsection ~4} hereof have been granted, or fib} The applicant has failed to comply with the provisions of SRS 307.600 to 301.690, the provisions of this code, any provisions of the standards and guidelines adopted by the city manager, or ~c} The applicant has failed to comply with any conditions imposed in the resolution approving the application, the city manager shall notify the council and the owner of the property, at the owner's last known address, of the manager's intention to recommend to the council thatthe exemption be terminated. The notice shall clearly state the reasons for the proposed termination, and shall require the owner to appear before the council, at a time specified in the notice, which shall not be less than ~0 days from the date the notice was mailed, to show cause, if any exists, why the exemptian should not be terminated. ~2} Ifthe ownerfails to appear before the council at the time specified in the notice, or ifthe owner appears and fails to show cause why the exemptian should not be terminated, the council shall adopt a resolution terminating the exemption, which shat[ contain its findings in support thereof. Copies of the resolution shall be filed with the county assessor and marled to the property owner, at the owner's last address, within 10 days from the date adopted. if a determination is made that the exemption should continue as previously granted, the council shall enter written findings of record in support of the continued exemption and forward a copy thereof to the property owner within 10 days from the, date of the hearing. ~3} All reviews of council action in denying, approving, or terminating an application shall be governed by the procedures set forth in SRS 34.010 to 34.100, and correction of assessments and tax rolls and the evaluation of the property shall be in conformity with subsection ~2} of SRS 307.680. The council's action on an exemption shall not be a land use decision for purposes of administrative review. ~4} Upon receipt of a request from the property owner, the council may, by resolution, extend the. deadline far completion of construction of multiple-unit rental housing for a period not to exceed 12 consecutive months, i.e., to July 1,1999, if it finds the failure to complete construction by July 1,1998, was due to circumstances beyond the control of the owner, and that the owner had been and could reasonably be expected to actin good faith and with due diligence. ~5} In any event, no multiple-unit housing granted an exemption by the council shall be exempt from ad valorem taxation for more than 10 successive years beginning the tax year commencing during the calendar year immediately following the calendar year in which construction is completed, determined by that stage in the construction process when, pursuant to SRS 347.330 the improvement would have gone on the tax rolls in the absence of the exemption, The exemption shall not include the land, nor any improvements located thereon that are not a part of the multiple-unit housing and shall be in addition to any other exemptian provided by law. ~6} Any exemption granted by the council shall terminate immediately, Ordinance - 3