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HomeMy WebLinkAboutResolution No. 4623 -~ COUNCIL RESOLUTION 4623 A RESOLUTION ADOPTING AMENDED STANDARDS AND GUIDELINES FOR PROCESSING APPLICATIONS FOR NEW LOW-INCOME RENTAL HOUSING LOCAL PROPERTY TAX EXEMPTION AND REPEALING RESOLUTION NO. 4418. DA TE SUBMITTED: March 13, 2000 PASSED: 5/0 ABSENT: Nathanson, Meisner & Taylor REJECTED: DEFERRED TO: RESOLUTION NO. 4623 A RESOLUTION ADOPTING AMENDED STANDARDS AND GUIDELINES FOR PROCESSING APPLICATIONS FOR NEW LOW-INCOME RENTAL HOUSING LOCAL PROPERTY TAX EXEMPTION AND REPEALING RESOLUTION NO. 4418. The City Council of the City of Eugene finds that: A. Issues related to low-income housing have long been given a high priority by the City Council. As an incentive to encourage construction of new low-income rental housing within the City of Eugene, provisions enacted by the Oregon Legislature that provided a procedure for implementation by cities of a program for exempting newly constructed low-income rental housing from ad valorem taxes were adopted by the City Council and codified at Sections 2.937 to 2.940 of the Eugene Code, 1971. B. In compliance with ORS 307.521(3), prior to processing any applications for exemptions under the program, standards and guidelines therefor were adopted by the City Council on February 12, 1990 and subsequently amended on May 26, 1992 and June 13, 1994. The Standards and Guidelines included policies to be complied with prior to granting approval of an application, and established the process to be followed by the City Manager in reviewing and making recommendations on applications for property tax exemption for new low-income rental housing. C. The City Council has amended some of the provisions of Sections 2.937 to 2.940 of the Eugene Code, 1971 to bring those sections into conformity with amendments to the state statutes under which they are authorized effected during the 1997 and 1999 sessions of the Oregon Legislature. Pursuant to Section 7 of the Standards and Guidelines, the City Manager has Resolution - 1 recommended revisions thereto in order to ensure compliance with state law and Sections 2.937 to 2.940 of the Eugene Code, 1971. Resolution No. 4418, and the Standards and Guidelines adopted therein should therefore be repealed, and the Amended Standards and Guidelines attached as Exhibit A hereto should be approved and adopted as the process to be followed by the City Manager in reviewing and making recommendations on applications for property tax exemption for new low- income rental housing or land that is held for future development of low income rental housing. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF EUGENE, a Municipal Corporation of the State of Oregon, as follows: Section 1. Based upon the above findings, which are hereby adopted, the Amended Standards and Guidelines for Processing Applications for New Low-Income Rental Housing Local Property Tax Exemption attached as Exhibit "A" hereto are approved and adopted as the procedures to be followed in considering applications for exemption filed after January 1, 2000, and the policy contained therein is declared to be the policy of the City of Eugene governing the basic requirements for applications filed after January 1,2000. Section 2. Resolution No. 4418 and the Standards and Guidelines adopted therein are hereby repealed, except the procedures set forth in those Standards and Guidelines will continue to be followed for applications filed before January 1, 2000. The foregoing Resolution adopted the 13th day of March, 2000. 11 a- City~/!:r Resolution - 2 Exhibit "A" to Resolution No. 4623 AMENDED STANDARDS AND GUIDELINES FOR PROCESSING APPLICATIONS FOR NEW LOW-INCOME RENTAL HOUSING LOCAL PROPERTY TAX EXEMPTION UNDER ORS 307.515 TO ORS 307.537 Pursuant to the provisions of Resolution No. 4623 of the City Council of the City of Eugene, the City Manager shall be governed by the following rules in considering applications filed after January 1, 2000 and making recommendations for local property tax exemption for new low-income rental housing and property held for the purpose of developing low income rental housing. ADMINISTRATIVE PROCESS F or purposes of these rules, the following words and phrases mean: City Manager. The City Manager of the City of Eugene, or his or her designee. Low-income. Income at or below 60 percent of the area median income as determined by the State Housing Council based on information from the United States Department of Housing and Urban Services. Low-Income Rental Housing. Rental housing constructed after February 12, 1990 which is occupied by low-income persons. 1. Statement of Program Purpose. The purpose of the low-income rental housing local property tax exemption program is to provide an incentive that will encourage construction of new rental housing for low-income persons. 2. Eligible Property. To be eligible for local property tax exemption hereunder: 2.1 Ifunoccupied, the property is offered for rental solely as a residence for low-income persons, or held for the purpose of developing low income rental housing; 2.2 If occupied, the property, or portion thereof subject to the property tax exemption, must be occupied solely as a residence for low-income persons; 2.3 The required rent payment must reflect the full value of the property tax exemption; 2.4 The housing units on the property must be constructed after February Standards and Guidelines - 1 12, 1990; 2.5 The property owner must agree to comply with the policies set forth in Section 5 of these Amended Standards and Guidelines; 2.6 The proposed development must be consistent with the City's Housing Dispersal Policy; 2.7 The proposed development will not cause displacement of low- income persons unless the City and developer can reach agreement on provisions (to be provided by the developer) that reflect satisfactory mitigation thereof; 2.8 The proposed development will not cause destruction of historic properties (as defined in Section 9.202 of the Eugene Code, 1971) except: 2.8.1 Where development has proceeded according to historic property moving and demolition procedures as set forth in Section 9.212 of the Eugene Code, 1971, or 2.8.2 The property is granted an exception by the council; 2.9 The proposed development will be otherwise consistent with provisions of the Eugene Code, 1971 and adopted City regulations and policies; and 2.10 As an alternative to the criteria set forth in subsections 2.1, 2.2, 2.3 and 2.4 of this section, an application shall be approved if it meets the criteria in subsections 2.5, 2.6, 2.7, 2.8 and 2.9 of this section and all of the following criteria: 2.10.1 If unoccupied, the property is offered for rental solely as a residence for low-income persons, or is held for the purpose of developing low income rental housing; 2.10.2 If occupied, the property, or portion thereof subject to the property tax exemption, is occupied solely as a residence for low-income persons; 2.10.3 The applicant's application was filed prior to January 1, 2010; 2.10.4 The property is owned or being purchased by a nonprofit corporation organized in a manner that meets the criteria for a public benefit corporation, as described under ORS 65.001(31) or for a religious corporation, as described under ORS 65.001(33); and Standards and Guidelines - 2 2.10.5 The property is owned or being purchased by a nonprofit corporation that expends no more than ten percent of its annual income from residential rentals for purposes other than acquisition, maintenance or repair of residential rental property for low-income persons, or for the provision of on-site child care services for the residents of the rental property. F or purposes of this subsection, a nonprofit corporation that has only a leasehold interest in property is considered to be a purchaser of that property if the nonprofit corporation is obligated under the terms of the lease to pay the ad valorem taxes on the real and personal property used in the rental activity on that property, or the rent payable has been established to reflect the savings resulting from the exemption from taxation. 3. Application for Exemption. Prior to December 1 of the calendar year immediately preceding the first assessment year for which the exemption is requested, or, if the property is acquired after November 1, within 30 days of the date of acquisition, but no later than January 1 of the next calendar year, the applicant shall submit to the City Manager, on a form provided by the City Manager, an application for exemption, containing the following information: 3.1 A description of the property or portion thereof, for which the exemption is requested; 3.2 A description of the purpose of the project and whether all or a portion of the property will be used for that purpose; 3.3 A certification of the income levels of low-income occupants; 3.4 A description of how the tax exemption will benefit project occupants; 3.5 Evidence that, if unoccupied, the property is offered for rental solely as a residence for low-income persons, or is held for the purpose of developing low income rental housing; 3.6 Evidence that, if occupied, the property is occupied solely as a residence for low-income persons; 3.7 If the application is for an exemption described in subsection 2.10, evidence that the property is owned or being purchased by a nonprofit corporation which meets the criteria for a public benefit corporation as described in ORS 65.001(31), or a religious corporation, as described in ORS 65.001(33); and evidence that the nonprofit corporation expends no more than ten percent of its annual income from residential rentals for purposes other than acquisition, maintenance or repair of residential rental property for low-income persons, or for the provision of on-site Standards and Guidelines - 3 child care services for the residents of the rental property; 3.8 A description of the plans for development of the property if the property is being held for the future development of low income rental housing; and 3.9 Any other information required by the City Manager. The application shall be verified by oath or affirmation of the applicant and submitted with an application and processing fee to be set by the City Manager pursuant to Section 2.020 of the Eugene Code, 1971, which shall include therein the fee to be paid to the County Assessor by the City as the County's agreed processing fee for those applications receiving Council approval. The amount of the basic fee shall be prominently displayed on the application, together with a statement that the applicant may be required to pay other reasonable costs, including appraisal costs, if any are incurred by the City or the County in processing the application. Any additional costs shall be paid to the City by the applicant prior to the granting of any final approval. In the event an application is denied, the portion of the fee reserved for the County Assessor will be refunded to the applicant by the City. An application which does not contain all the required information and is not accompanied by the required fee shall be returned to the applicant. Any application returned for these reasons shall be deemed not to have been filed. 4. Duration of Tax Exemption. An exemption from ad valorem taxes may be granted for a period of no more than twenty successive years for the land and the improvements located thereon that are a part of the newly-constructed low-income rental housing or for land that is being held for future development of low income rental housing. 5. Policies. In addition to the criteria set forth in Section 2.939(2) of the Eugene Code, 1971 and Section 2 above, unless the land is being held for future development of low income rental housing, the applicant must demonstrate compliance with the following policies in order to be eligible for a property tax exemption hereunder: 5.1 Rent Regulatory Agreement. The owner must agree to execute and maintain in effect for the duration of the tax exemption period, a Rent Regulatory Agreement in a form approved by the City, and which contains, but is not limited to, provisions establishing regular reporting requirements and periodic inspection periods, and demonstrates that the required rent payment reflects the full value of the property tax exemption. 5.2 Inspection of Premises. The owner must consent in writing that for the duration of the tax exemption period the City may inspect the property for which the exemption is granted at reasonable times, without prior notice, to insure that the premises are maintained in decent, safe and sanitary conditions for the occupants. 6. Recommendations on Applications. Upon receipt of an application for property tax Standards and Guidelines - 4 exemption hereunder, the City Manager shall: 6.1 Review the application and all supportive material to verify that the applicant has provided the information required and paid the required fee. The City Manager shall promptly notify the applicant of any omissions. 6.2 Solicit recommendations or comments from interested City departments, agencies, and the affected neighborhood group(s). Within 20 days of forwarding referrals, written comments shall be submitted to the City Manager by the agencies, departments and groups to whom referral is made. Failure to respond within 20 days will be deemed approval of the proposal as submitted. 6.3 If necessary to address comments or recommendations received, establish a meeting with the applicant, or the applicant's authorized representative to review the application. 6.4 Within 30 days from the date the application is filed, forward his or her recommendation to the Council that the application be denied, approved, or approved subject to conditions. The recommendation shall be based upon and contain findings of compliance or non-compliance with these Standards and Guidelines, Sections 2.937 to 2.940 of the Eugene Code, 1971, Council resolutions, ordinances and adopted policies, and applicable State statutes, that support his or her recommendation. 7. Amendments to Guidelines. The City Manager may, from time to time, propose such revisions, deletions, or amendments to these Standards and Guidelines as he or she may deem necessary or desirable for the efficient implementation of the low-income rental housing local property tax exemption program, but no such revision, deletion, or amendment shall be effective until approved by Council Resolution. The foregoing Standards and Guidelines recommended to the City Council the 13th day of March, 2000. James R. Johnson City Manager APPROVED by Resolution No. 4623 of the Eugene City Council on the 13th day of March, 2000. rr,-#/J~ City Recorder Standards and Guidelines - 5