The provisions of the Multiple Unit Property Tax Exemption (MUPTE) in ORS 307.600 through 307.637 are hereby adopted to stimulate the creation of multiple-unit housing through new construction, addition, or conversion in core and transit-supported areas of the City as designated in these sections
3.550 through
3.558.
(Ord. No. 6476, 5/6/2024)
For the purposes of the Housing Diversity Tax Exemption Code in sections
3.550 through
3.558, the following definitions apply. Where the definitions in this section conflict with a definition provided in ORS 307.603, the definition in this section will prevail. Unless specifically defined below or in ORS 307.603, words or phrases used in the Housing Diversity Tax Exemption Code must be interpreted so as to give them the meaning they have in common usage.
Approval Authority.
The individual or public body with authority to make a final decision on an application under the provisions of sections
3.550 through
3.558 of this code and the Program Guidelines, specifically, the City Manager or Council.
Multiple-Unit Housing.
Newly constructed structures, stories, or other additions
to existing structures and structures converted in whole or in part
from other use to housing, where the structure has a minimum of five
new dwelling units, excluding cottage clusters.
Program Guidelines.
The standards and guidelines for this program as adopted
by resolution of the Council.
Project.
The proposed construction, addition, or conversion of multiple-unit
housing for which applicant is applying for a tax exemption under
this article.
(Ord. No. 6476, 5/6/2024)
(1) The Approval Authority may approve an application under this article
if it finds that the project meets the following criteria:
(a)
The applicant has attended a pre-application meeting;
(b)
The applicant has site control at time of application;
(c)
The project is for multiple-unit housing that will add a minimum
of five new dwelling units;
(d)
The project will be located within an eligible program area
as shown in Figures 1 through 5 of this section;
(e)
The project will include public benefits that comply with the
requirements of the program guidelines;
(f)
The project will be completed on or before the date specified
in ORS 307.637;
(g)
At completion, project will conform to the requirements of the
Springfield Comprehensive Plan, any applicable refinement plans or
functional plans, and the Springfield Development Code, in effect
at the time the application under this section is approved;
(h)
The project cannot be designed or used as transient lodging;
and
(i)
The project will conform with any additional criteria provided
in the program guidelines.
(Ord. No. 6476, 5/6/2024)
(1) Prior to submission of an application, the applicant must attend
a pre-application meeting.
(2) Applications must be submitted to the City Manager or designee as
provided in ORS 307.615 and the program guidelines, on a form prescribed
by the City Manager or designee. Complete applications must be submitted
by February 1 immediately preceding the first assessment year for
which the exemption is requested and must be accompanied by the application
fee as established by Council resolution. Applications will not be
considered complete until all required information and the application
fee have been received.
(3) The Approval Authority will review a complete application and make
a final decision to approve, approve with conditions, or deny the
application. An application not acted upon within 180 days of the
date the complete application was received by the City will be deemed
approved.
(4) Following approval or denial of an application, the City will provide
notice to the applicant and Lane County Assessor as provided in ORS
307.621.
(Ord. No. 6476, 5/6/2024)
(1) Multiple-unit housing that is granted an exemption under sections
3.550 through
3.558 and ORS 307.600 through 307.637 will be exempt from ad valorem taxation for 10 successive years. The first year of exemption is the assessment year beginning January 1 immediately following the calendar year in which construction, addition, or conversion is completed, as determined by that stage in the construction process when, pursuant to ORS 307.330, the improvement would have gone on the tax rolls in the absence of the exemption.
(2) The exemption does not include the land or any improvements which
are not part of the multiple-unit housing included in the project,
except as specifically allowed herein. In the case of a structure
to which stories or other improvements are added or a structure is
converted in whole or in part from another use to dwelling units,
only the increase in value attributable to the addition of or conversion
to dwelling units for the project may be exempt from taxation. The
exemption includes parking constructed for the multiple-unit housing
construction, addition or conversion. The exemption includes commercial
property to the extent that the commercial property is determined
to be a public benefit element of a multiple-unit housing construction,
addition, or conversion by the Approval Authority. Exemptions run
with the property and will continue if the property is sold during
its exemption period.
(3) At any time, the Council may, by resolution, set a limit on the maximum
amount of foregone tax revenue provided as a benefit of the exemption
under this article; provided, however, the maximum amount of foregone
tax revenue shall not apply to any decrease or limit the amount of
any exemption that was approved before the date a resolution is adopted
under this section. The authority provided under this section includes
the authority to adopt a resolution at any time to amend or repeal
a limit on the maximum amount of foregone tax revenue previously adopted
under this section.
(Ord. No. 6476, 5/6/2024)