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Resolution No. 08-46 CITY OF TIGARD, OREGON TIGARD CITY COUNCIL SOLUTIO NO. 08- 4tp A RESOLUTION APPROVING THE ADOPTION OF A SECOND PERIOD OF SPECIAL ASSESSMENT OF HIS'T'ORIC PROPERTY PURSUANT TO SENATE BILL 416 (2007 LEGISLATIVE ASSEMBLY). WHEREAS, the City of Tigard and its citizens value the preservation of its architectural heritage and support tools to assist that preservation,including property tax deferment programs;and WHEREAS, the 2007 Oregon Legislature enacted 513416, which amended the Special Assessment of Historic Property program to alloxv commercial and residential property owners to apply for a second period of special assessment as a local option;and WHETS, the Tigard City Council desires to extend the period of special assessment to allow a second period of benefit under the local option provision. NOW,THEI2EFORE,BE IT RESOLVED by the Tigard City Council that: SECTION 1s The Tigard City Council adopts the Senate Bill 416 option of allowing owners of specially- assessed properly to apply for a second period of special assessment pursuant to the requirements of the statute and rules promulgated by the Oregon State Historic Preservation Office. SECTION 2: This resolution is effective immediately upon.passage. PASSED: This day o 2008. Mayor- ity of Tigard ATTEST: City Recorder City of Tigard RESOLUTION NO. -)1,11P Page I