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Resolution No. 08-17 CITY OF TIGARD, OREGON TIGARD CITY COUNCIL RESOLUTION NO. 08- 1'7 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 (CPAFI) AND ONE HOUSING PROJECT THAT IS OPERATED BY TUAL ATIN VALLEY HOUSING PARTNERS (TVHP). WHEREAS, Tigard Municipal Code (TMC) section 3.50 provides procedures for application and consideration of non-profit corporation low income housing project exemptions from property taxes; and WHEREAS, the TMC 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 22, 2008 for exemption from property taxes under TIVIC 3.50 for three loin income housing projects and meets all the applicable criteria for exemption; and WHEREAS, Tualatin Valley Housing Partners (TVI-IP), a qualified non-profit corporation, filed a request dated February 18, 2008 for exemption from property taxes under TMC 3.50 for one low income housing project and meets all applicable criteria for exemption; 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 diat: SECTION 1: The applicant, Community Partners for Affordable Housing, qualified for die exemption set fords 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 Financial and Information Services Director is directed to certify to the Assessor of Washington County that the City of Tigard agrees to the abatement of property taxes for die following four properties: a. Village at Washington Square, 11157 — 111 63 SW Hall Blvd,Tigard b. Single family house located at 9330 SW Tangela Ct,Tigard c. Greenburg Oaks, 11875 SW 91,t Ave, Tigard d. Hawthorne Villa, 7705 SW Pfaffle, Tigard RESOLUTION NO. Os - /7 Page 1 SECTION 4: This resolution is effective immediately upon passage. tiL PASSED: This ,,�,- day of'`AkzC-�A-, 2008. Mayor City of Tigard ATTEST: 1 City Recorder - City of Tigard RESOLUTION NO. 08 - f7 Page 2