Laserfiche WebLink
EVERETT <br /> RESOLUTION NO. 7361 <br /> A Resolution declaring the City's intention to add the Landfill site in the Riverfront <br /> Redevelopment area to the Multiple Family Property Tax Exemption provisions of <br /> RCW Chapter 84.14, and setting May 1,2019 as the date for a public hearing. <br /> WHEREAS,the City Council finds the following: <br /> 1. RCW Chapter 84.14 provides for the establishment of"urban centers" in which <br /> qualifying multiple family housing developments are exempt from the payment of <br /> property taxes for a limited period of time. <br /> 2. It is the purpose of RCW Chapter 84.14 to encourage increased residential opportunities, <br /> and to stimulate the construction of new multifamily housing, including affordable <br /> housing, in urban centers having insufficient housing opportunities. <br /> 3. RCW 84.14.040 authorizes a city to adopt a Resolution declaring its intention to <br /> designate or modify the boundaries of an urban center under RCW Chapter 84.14 and <br /> establish the time and place of a hearing to be held for such purposes. <br /> NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF EVERETT DOES HEREBY <br /> RESOLVE THE FOLLOWING: <br /> 1. A Public Hearing will be held on Wednesday, May 1, 2019, at the regular meeting of the <br /> City Council, which begins at 6:30 pm, in the City Council Chambers of the William E. <br /> Moore Historic City Hall, 3002 Wetmore Avenue. <br /> 2. A vicinity map identifying the area proposed to be designated as the Riverfront Urban <br /> Center is attached hereto as Exhibit A. <br /> r � Aeca 10 )-O I I <br /> Council j, er Introducing Resolution Date <br /> City Council President <br />