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Resolution No. 06-19 CITY OF TIGARD, OREGON TIGARD CITY COUNCIL RESOLUTION NO. 06- I Cl' 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 (CPAH) AND ONE HOUSING PROJECT THAT IS OPERATED BY TUALATIN VALLEY HOUSING PARTNERS (TVHP). WHEREAS, Tigard Municipal Code section 3.50 provides procedures for application and consideration of non-profit corporation low income housing project exemptions 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 (CPAH), a qualified non-profit corporation, filed a request dated February 10, 2006 for exemption from property taxes under TMC 3.50 for three low income housing projects and meets all the applicable criteria for exemption; and WHEREAS, Tualatin Valley Housing Partners (TVHP), a qualified Non Profit Corporation, filed a request dated February 20, 2006 for exemption from property taxes under TMC 3.50 for one low income housing project;and WHEREAS, Tualatin Valley Housing Partners (IVHP), a qualified Non Profit Corporation, filed a request dated February 20, 2006 for exemption from property taxes under TMC 3.50 for one low income housing project;and WHEREAS, upon review of the applications it was found that granting the exceptions would be consistent with the applicable Tigard Municipal Code and also with the adopted City housing policies. NOW,THEREFORE,BE IT RESOLVED by the Tigard City Council that: SECTION 1: The applicant, Community Partners for Affordable Housing, qualified for the exemption set forth in Tigard Municipal Code section 3.50. SECTION 2: The applicant, Tualatin Valley Housing Partners, qualified for the exemption set forth in Tigard Municipal Code section 3.50. SECTION 3: 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 four properties: RESOLUTION NO. 06- CP Page 1 a. Village at Washington Square, 11157—11163 SW Hall Blvd.,Tigard b. Single family house located at 9330 SW Tangela Ct.,Tigard c. Greenburg Oaks, 11875 SW 91St Ave.,Tigard d. Hawthorne Villa, 7705 SW Pfaffle Street,Tigard SECTION 4: This resolution is effective immediately upon passage. th PASSED: This h day ot L 2006. Mayor- G4 of Tigard ATTEST: City Recorder- City of Tigard RESOLUTION NO.06- Cf Page 2