Admin Order 53-12-01-F - Laserfiche WebLink

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structures that may include ground -level commercial space; 2.2 The development of multiple -unit housing, with or without parking, on sites with existing single -story commercial structures; and 2.3 The development of multiple -unit housing, with or without parking, on existing surface parking lots. 3. The program shall result in the preservation, construction, addition or conversion of units at rental rates or sale prices accessible to a broad range of the general public. R- 2.945 -C Eligible Structures To be eligible for local property tax exemption hereunder, a structure must: 1. Be multiple -unit housing as defined above, which: 1.1 In the case of the construction, addition, or conversion of multiple -unit housing, the construction, addition, or conversion must be completed on or before January 1, 2022; 1.2 In the case of housing subject to a low- income housing assistance contract with an agency or subdivision of this state or the United States, the application for exemption was made on or before January 1, 2022. 2. Be located within the downtown area; and 3. Meet the approval criteria set forth in these Standards and Guidelines. R- 2.945 -D _Application for Exemption for Housing Subiect to a Low Income Housing Assistance Contract 1. On or before February 1 immediately preceding the first assessment year for which exemption is requested, the applicant shall submit to the City Manager, on a form provided by the City, an application for exemption, containing the following information: 1.1 The applicant's name, address, and telephone number; 1.2 A legal description of the property or the assessor's property account number for the site; 1.3 A written description of the existing use of the property, including a justification for the elimination of, or a plan for the relocation of existing sound or Administrative Order - Page 4 of 11