HomeMy WebLinkAbout5105 ORDINANCE NO. ' r J ( OS
AN ORDINANCE of the City Council of the City of
Bremerton, Washington, amending Figure 3.78(a) of the
Bremerton Municipal Code adding new territory'to the Downtown
Regional Center Residential Target Area allowing exemptions
from ad valorem property taxation for new multi-family housing.
WHEREAS, exemptions from ad valorem property taxes for multi-family housing
encourage increased residential opportunities within designated residential targeted areas,
stimulate new construction and rehabilitation of existing buildings, assist in directing future
population growth and helps to achieve development densities wliich are more conducive to
transit use in designated residential targeted areas; and
WHEREAS, the City Council of the City of Bremerton, Washington, passed
Ordinance No. 4968 adopting Chapter 3.78 of the Bremerton Municipal Code establishing
exemptions from ad valorem property taxation for new multi-family housing in designated
residential targeted areas of the City and established a residential target area for the multi-family
property tax exemption within the Downtown Regional Center; and
WHEREAS, on Apri19, 2007, the State Legislature passed House Bill 1910
amending Chapter 84.14 RCW relating to multi-family tax exemptions; and
WHEREAS, on December 24, 2007 the City Council passed Ordinance No. 5036
amending BMC 3.78 to be consistent with House Bill 1910, and expanded and added additional
residential target areas; and
WHEREAS, the City desires to offer an equal opportunity for redevelopment
incentives by expanding the Downtown Regional Center Residential Target Area to include all
territory within the adopted Downtown Regional Center Sub Area Plan; and
WHEREAS, the proposed addition to the residential targeted area for the multi-
family property tax exemption is within an urban center as defined by Chapter 84.14 RCW and
as designated in the City's comprehensive plan; and
WHEREAS, the residential targeted area, as expanded in this ordinance lacks
sufficient available, desirable, and convenient residential housing, including affordable housing
units, to meet the needs of the public who would be likely to live in the residential targeted area,
if desirable, attractive, and livable places to live were available; and
WHEREAS, on February 20, 2010 and February 24, 2010 the public was notified by a
legal advertisement in the Kitsap Sun of the opportunity to make comment and participate in the
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Multi family Properry Tcxx Exemption Residential Target Area Expansion — 2010
public hearing by the City Council; and
WHEREAS, on March 3, 2010 the City Council conducted a public hearing and
considered all testimony; NOW, THEREFORE,
THE CITY COUNCIL OF THE CITY OF BREMERTON, WASHINGTON, DOES
HEREBY ORDAIN AS FOLLOWS:
SECTION 1. Figure 3.78(a) of the Bremerton Municipal Code entitled
"Downtown Regional Center Residential Target Area" attached as Exhibit A is hereby repealed
and replaced with a new Figure 3.78(a) attached hereto as Exhibit B.
SECTION 2. Severabilitv. If any one or more sections, subsections, or
sentences of this ordinance are held to be unconstitutional or invalid, such decision shall not ,
affect the validity of the remaining portion of this ordinance and the same shall remain in full
force and effect.
SECTION3. Effective Date. This ordinance shall take effect and be in force ten
(10) days from and after its passage, approval and publication as provided by law.
PASSED by the City Council the � day of �il � , 2010
K WOFF , Council President
Approved this ��� ,�,� day of , 2010
�
PATTY L , M or
ATTEST: APPROVED AS TO FORM:
� .
r
CAROL E G N, City erk R ER A. LUBOVICH,
PUBLISHED the_� day of , 2
EFFECTIVE the of , 2010
ORDINANCE NO. �,�_
R:\L,egal\Legal\Ordinances\Community DevelopmentUviultifamily Tax Exemption.doc
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Multi family Property Tax Exemption Residential Target Area Expansion — 2010
Exhibit A
Residential Target Area
Figure 3.78(a)
Downtown Regional Center Residential Target Area
Please See Details of the Plan for Allowed
Locations of Multifamily Housing
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Exhibit B
Residential Target Area
Figure 3.78(a)
Downtown Regional Center Residential Target Area
Please See Details of the Plan for Allowed
Locations of Multifamily Housing
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