HomeMy WebLinkAbout18-18RESOLUTION NO. I "-
A Resolution Of The City Council Of The City Of Port Angeles,
Washington, Notifying The Public Of Its Intent To Designate Certain
Areas Of The City As The Residential Targeted Areas For The Purpose
Of Establishing A Multifamily Property Tax Exemption Program And
Setting The Required Public Hearing.
WHEREAS, Chapter 84.14 of the Revised Code of Washington provides for special
valuations to encourage increased multi -unit residential opportunities, including affordable
housing opportunities; and
WHEREAS, the Port Angeles City Council hereby declares its intent to encourage and
support the supply of affordable and multifamily housing within the City by using existing
tools, such as the tax exemption opportunity offered by Chapter 84.14 RCW; and
WHEREAS, in order to establish the property tax exemption program that is
authorized by Chapter 84.14 RCW, the City must designate, consistent with the criteria in
RCW 84.14.040, one or more residential targeted areas within which property tax exempt
projects may be considered; and
WHEREAS, RCW 84.14.040(2) states that a governing authority may adopt a
resolution of intent to designate one or more areas, thereby notifying the public of its intent;
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WHEREAS, the resolution must state the time and place of a hearing to be held by the
governing authority to consider the designation of the targeted area(s); and
WHEREAS, notice of the public hearing shall be published once each week for two
consecutive weeks, not less than seven days, nor more than thirty days before the date of the
hearing,
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Port
Angeles that:
Section 1. The City Council intends to designate those areas shown in Exhibit A
attached to this resolution as the residential targeted areas for the purposes of establishing a
multiple -unit dwelling property tax exemption program pursuant to Chapter 84.14 RCW.
Section 2. A public hearing to seek public comment on and consider the designation
of these areas as residential targeted areas will be held at the regular meeting of the City
Council on January 15, 2019 at 6:30 p.m., or as soon thereafter as possible, in the Port Angeles
City Council Chambers located at 321 E. 5T11 Street.
Section 3. Notice of the hearing shall be given in accordance with RCW 84.14.040(3).
PASSED by the City Council this 18"' day of December 2018.
Sissi Bruch, Mayor
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Kari Martinez-Bai _ Y itderk Willian lodr, -City Attorney
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