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Resolution No. 99-26 ® CITY OF Ti:sA,D.D,OREGON RES OLiJ ION NO.99-_>& A RESOLUTION GRANTING AN EXEMPTION FROM PROPERTY TAXES FOR NON PROFIT LOW INCOME HOUSING PROJECT VILLA LA PAZ UNDER TMC SECTION 3.50 AND WAIVING THE MARCH 1 APPLICATION DEADLINE. 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, the code requires applications for exemption be filed with the City by March 1,and WHEREAS, Community Partners for Affordable Housing, a --,aaiified Non Prot Cor^"- aalgid a request dated March 31, 1999 for exemption from property taxes under TMC section 3.50 fora project known as Villa La Paz. NO-W,TH^L'REF ORE,BE IREJOCVED by ilic T ward City Cv.ricii uha,: SECTION 1: The applicant,Community Partners for Affordable Housing,qualifies for the exemption set forth in Tigard Municipal Code section 3.50. SECTION 2: The deadline for submittal of the request for exemption of March 1 is hereby waived and the exemption from property taxes for 1999/00 is hereby certified to the Washington County Assessor for all taxes levied by the City. PASSED: This, day oEA� L 1999. ayor-Ci -of Tig d ATTEST: a+ l..11j 1\G:vrul;a- aay of a.g..... RIPSOLUTION NO.W---- Page ?Page 1