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Broadway Apartments @ 3214 LLC 10/31/2019
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Broadway Apartments @ 3214 LLC 10/31/2019
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Last modified
11/12/2019 11:19:24 AM
Creation date
11/12/2019 11:18:10 AM
Metadata
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Contracts
Contractor's Name
Broadway Apartments @ 3214 LLC
Approval Date
10/31/2019
Department
Planning
Department Project Manager
Allan Giffen
Subject / Project Title
Multifamily Housing Property Tax Exemption
Tracking Number
0002050
Total Compensation
$0.00
Contract Type
Agreement
Retention Period
6 Years Then Destroy
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CITY of EVERETT <br /> PLANNING and COMMUNITY DEVELOPMENT <br /> Tax Exemption Application Form <br /> Pursuant to Chapter 84.14 RCW and Chapter 3.78 EMC <br /> Name of Applicant American Property Develpment Inc.Attn:Jeremy Fender <br /> FOR OFFICIAL USE ONLY <br /> Address 110-110th Ave.NE#550 <br /> City Bellevue State WA Zip Code 98004 TYPE: L t �r $.t.( <br /> Phone (425)709-7256 Alt ph (425)495-3562 FILE# <br /> Email ifender@acq.com FEE$1+II; •°9ECEIPT# ��✓�`t T <br /> Primary Contact(if other than applicant) Same As Applicant ASSIGNED TO: } ld b( <br /> Address <br /> ME $ E01111 (� <br /> City State Zip Code <br /> Phone Alt ph MAY 2 a 2017 <br /> Email CITY OF EVERETT <br /> North Puget Sound Partners LLC&Cohoe Point LLC P I a n n i n q !�a R t. <br /> Property Owner(s) 9 <br /> Address 110-110th Ave. NE#550 City Bellevue State WA Zip Code 98004 <br /> Property Address or Location 3214 Broadway Ave. Everett,WA 98201 <br /> Tax Parcel No(s) 0043907630(2200),2300,2500,2700,3000,3100 Area of Property(acres/sq ft) .77/33,541 <br /> Zoning BMU Comprehensive Plan Designation BMU <br /> Brief Description of Project 140 Multi-Family Apartment Units <br /> New Construction YES EN NO 0 Rehabilitation of Existing Units YES 0 NO El <br /> #of New Units 140 Existing Empty 0 Existing Occupied #of Units applying for this exemption 140 <br /> If existing units are vacant,date last occupied NA Affidavit of Vacancy Attached? YES VI NO 0 <br /> (For Official Use) Building is in compliance with the City's Minimum Housing Code? YES 0 NO 0 <br /> Describe building use and square feet intended for each use 140 Multi-Family Apartment Units-See Attached <br /> 230,252 sq./ft. <br /> Projected Cost of New Construction/Rehabilitation$ $30,000,000 Source of Cost Estimate Internal Pro Forma <br /> Expected Date to Start Project January,2018 Expected Date to Complete Project July,2019 <br /> The project must meet the following criteria for special valuation on multi-family property: <br /> 1. Be located within the"Property Tax Exempt Zone"designated for the tax incentive by the City.See area map. <br /> Updated 2012 <br />
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