HomeMy WebLinkAbout34-14 - Res. Designating Residential Targeted Areas for Multi-Family Housing Tax Incentive Program4-a
RE:SOLLITIO\ \ O.
A i' Ti U TJ �M� S77T_ 1N T i 74 INTENT OF MASON COUNTY TO
ESIGNA TE l 1 SD 1k N i IT i RG T.ED AREAS FOR THE PURPOSE OF
A MITLIE-TAIWTY HOUSING SAX INCENTIVE PROGRAM AND
PROVIDING NO'C�, 01P ;lwi T ,TC HEARING - -. -_NG PURSUANT TO
CHAPTER 84- / 4 RC
WHEREAS, Washington State law, Chapter 84.14 Revised Code of WashVgto(RCW),
orovides for the exemptio't from ad valorem property taxation for true value of e igible
improvements associated with qualifying multi -family housing located in residential
targeted areas and authorizes the County to designate said residential targeted areas;
and
WHEREAS, in regards to counties, the state()
purpose of Chapter 86(.14 RC .I is to ahoy,/
uriincorporateo areas of rural counties within urban growth areas to stimulate housing
opportunities by providing specia valuation for e igible improvements associated Wit
the provision of r;it„- iyi-farv`li y boJsi.ng ir, areas targeteo as residertia y deficient; and
lI IEREAS, a "ruiral cou nt.yi1 is de
tho..isand and seventy-o ie thousa
�eelasac
-id and bore
unty with a popu
eying Puget So,1
ation or between fin cy
d; and
WHEREAS, Chapter 84.14 RCW requires tTat the legis ative body state their intention to
designate residential targeted areas for the purposes of the multi -family housing tax
incentive program by Resolution; and
WHEREAS, RCW 84 14.040 requires :hat tce legis ative body hold a public hearing to
consider the designation of residential targeted areas prior to adoption; and
WHEREAS, the Commissioners have determined that amendments to the Mason
County Code are necessary to establish applica -ion procedures, standards and
guideines for a multi -family housing tax incentive program and for malting
determinations as required by Chapter 84.14 RCW; and
NOW, TI IEREFORE BE IT RESOLVED by the Board
that°
)f Mason County Commissioners
1r their The Commissioners hereby state their intent to estan esJh r esicent a targeted
areas in the Al yn, Belfair, and She ton Urban Growth Areas p.irsJant tChapter 84.14
RCW. The boundaries of the proposed residential targeted areas are limited to those
zoiing districts wherein mu ti-fa ray deve oprent is permitted and farther restricted to
1 RCW 81.14.010 (16) as amended effective June 12, 2014
or y those areas served by sewer. Attac
areas for each urba T growth area.
ed are maps depicting the residentia
targeted
2. A pub is hear ig to consider the estab ishrnent of t he Residentiar Taorgeted Areas
as attached wi oe neld at the Mason County CorthoJse Building 0, Commission
Chambers, 411 \orth Fitch Street, Sheit, , WA 98584 on Tuesday, July 15, 2014 at 9:30
a.m.
Dated this day of , 2014
ATTEST
1 (t.0,14
Clerk of the Board
APPROV
ED AS TO FORM
Tim Whitehead, Chief D
A
BOARD OF COUNTY COMMOSS0ONERS
MASON CO N-W, WASi 00NGTON
Terri Jeffreys, C
•
Tim Sheldon, Commissione
Randy Neathe
Plir
Comrnissioner