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Resolution No. 02-24 CITY OF TIGARD, OREGON RESOLUTION NO. 02- c), q A RESOLUTION GRANTING AN EXEMPTION FROM PROPERTY TAXES UNDER TIGARD MUNICIPAL CODE SECTION 3.50 FOR THREE NON PROFIT LOW INCOME HOUSING PROJECTS OWNED AND OPERATED BY COMMUNITY PARTNERS FOR AFFORDABLE HOUSING. WHEREAS, Tigard Municipal Code section 3.50 provides procedures for application and consideration of non profit corporation low income liuusing projects exemption from property taxes, and, WHEREAS,the code requires applications for exemption befiled with the City by March I and to be processed by the City within 30 days, and WHEREAS, Community Partners for Affordable Housing, a qualified Non Profit Corporation, filed a request dated March 1,2002 for exemption from property taxes under TMC section 3.50 for three low income housing projects and meets all applicable criteria for exemption. NOW,THEREFORE,BE IT RESOLVED by the Tigard City Council that: SECTION 1: The applicant, Community Partners for Attordable Housing,qualities for the exemption set forth in Tigard Municipal Code section 3.50. SECTION 2: The Finance Director is directed to certify to the Assessor of Washington County that the City of Tigard agrees to the abatement of property taxes for the following three properties: a. Village at Washington Square, 11157— 11163 SW Hall Blvd.,Tigard b. Single family home located at 9330 SW Tangela Ct., Tigard c. Greenburg Oaks, 11875 SW 91"Ave.,Tigard EFFECTIVE DATE: March 26,2002 PASSED: This �&Ldayof 2002. -7) rayor-C43r'F1yf ATTEST: Y-L-e City Recorder- City of Tigard RESOLUTION NO. 02--Q4 Page I `02 I 21OU W AFL &U-5k ftwxl ROMMY71101 I CA yj j 101 P.O. Box 23206 -Tigard, OR 97281-3206 FOR AFFORDABLE HOUSING, INC. Te1: 503-968-2724 - Fav 503-598-8923 -www.cpahinc.orE March 1, 2002 Mr. Craig Prosser, Finance Director City of Tigard 13125 SW Hall Boulevard Tigard, OR 97223 Dear Craig: Eiw1usud please find applications for tax abatement under Tigard Municipal Code section 3.50 for three properties owned by Community Partners for Affordable Housing, Inc. (Greenburg Oaks, formerly Villa La Paz, Apartments, the single-family Tangela house and the Village at Washington Square). In addition to the applications, I have enclosed a copy of CPAH's 2000-2001 audit. We greatly appreciate the City's support of affordable housing through its tax abatement program. Feel free to contact me at 503-968-2724 if you have any questions or need additional information. Thank you in advance for your consideration. Sincerely, Jill Sherman Deputy Director,Housing