Ordinance 3498-16 - Laserfiche WebLink

2. An amendment to EMC 3.78.080.A is necessary to allow the City to consider a request for the property tax exemption after the applicant has made application for a building permit; 3. A limited amendment to EMC 3.78.080 will allow for the Koz Development student housing building to be eligible for the property tax exemption. NOW, THEREFORE, THE CITY OF EVERETT DOES ORDAIN: Section 1. Section 1 of Ordinance No. 2408-99 and paragraph A Section 8 of Ordinance No. 2347-98, as amended, which reads as follows: Application procedures. A property owner who wishes to propose a project for a tax exemption shall comply with the following procedures: A. Prior to the application for any building permit therefor, the applicant shall submit an application to the director, on a form established by the director along with the required fees. The initial application fees to the city shall consist of a base fee of five hundred dollars, plus twenty- five dollars per multifamily unit. An additional one hundred fifty dollar fee to cover the Snohomish County assessor's administrative costs shall also be paid to the city. If the application is approved,the city shall pay the application fee to the county assessor for deposit in the county current expense fund, after first deducting that portion of the fee attributable to its own administrative costs in processing the application. If the application shall result in a denial by the city, the city shall retain that portion of the fee attributable to its own administrative costs and refund the balance to the applicant. Is hereby amended to read as follows: Application procedures. A property owner who wishes to propose a project for a tax exemption shall comply with the following procedures: A. Prior to the application for any building permit therefor, the applicant shall submit an application to the director, on a form established by the director along with the required fees. The initial application fees to the city shall consist of a base fee of five hundred dollars, plus twenty- five dollars per multifamily unit. An additional one hundred fifty dollar fee to cover the Snohomish County assessor's administrative costs shall also be paid to the city. If the application is approved,the city shall pay the application fee to the county assessor for deposit in the county current expense fund, after first deducting that portion of the fee attributable to its own administrative costs in processing the application. If the application shall result in a denial by the city, the city shall retain that portion of the fee attributable to its own administrative costs and refund the balance to the applicant. Notwithstanding the above, an applicant for a project located strictly within an Institutional Overlay Zone may submit an application along with the required fees to the director subsequent to the application for any building permit therefor, but prior to issuance of a Certificate of Occupancy for the project. 2