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Resolution No. 98-21 CITY OF TIGARD,OREGON RESOLUTION NO.98- Q A RESOLUTION GRANTING AN EXEMPTION FROM PROPERTY TAXES FOR NON PROFIT LOW INCOME HOUSING PROJECT VfLLA LA PAZ UNDER TMC SECTION 3.50. WHEREAS, Tigard Municipal Code section 3.50 provides procedures for application and consideration of non profit corporation low income housing projects exemption from property taxes,and, WHEREAS, Community Partners for Affordable Housing, a qualified Non Profit Corporation, has requested exemption from property taxes under TMC section 3.50 for a project known as Villa La Paz. NOW,THEREFORE,BE IT RESOLVED by the Tigard City Council that: SECTION 1: The applicant,Community Partners for Affordable Honsing,qualifies for the exemption set forth in Tigard Municipal Code section 3.50. SECTION 2: The exemption from property taxes for 1998/99 is hereby certified to the Washington County Assessor for all taxes levied by the City. PASSED: This ';�", day of -47)MCE 1998. Ma r City of Tigard ATTEST: 0a1ye'-'4rLP- LA City Recorder-City of Tigard RESOLUTION NO.98--Q Page 1