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Resolution No. 11-11 CITY OF TIGARD, OREGON TIGARD CITY COUNCIL RESOLUTION NO. 11- 1 't A RESOLtTTION GRANTING AN EXEMPTION FROM PROPERTY TAXES UNDER TIGARD MUNICIP_U CODE SECTION 3.50 FOR FOUR NON-PROFIT LOW-INCOME HOUSING PROJECTS OWNED AND OPERATED BY COMIIdUNITY PARTNERS FOR AFFORDABLE HOUSING (CPAH) WHEREAS,Tigard 1llunici@ Code (TRIC) 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 v6th the City-by March 1; and WHEREAS, Community Partners for Affordable Housing (CPAH), a qualified non-profit corporation, filed a request dated February 20, 2011 for exemption from property taxes under TRIC 3.50 for four low-income housing projects and meets all the applicable criteria for exemption;and WHEREAS, upon review of the applications it was found that granting the exemptions 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 Finance 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 the following three properties: a. Village at Washington Square, 11157-11163 SW Hall Boulevard,Tigard b. Single-family house located at 9330 SW Tangela Court,Tigard c. Greenburg Oaks, 11875 SkX'91"Avenue,Tigard d. The Knoll @ Tigard, 12291 F%'Knoll Drive.,Tigard SECTION 3: This resolution is effective immediately=upon passage. PASSED: This2_day- of 2011. r a s ayr0 -City of Tigard ATTEST: City Recorder- City=of Tigard RESOLUTION NO. 11- Page 1