The URL can be used to link to this page

Home My WebLink About5260 ORDINANCE NO. 5260 AN ORDINANCE of the City Council of the City of Bremerton, Washington, amending Chapter 3.78 of the Bremerton Municipal Code by repealing and replacing Figure 3.78(a) to add new territory to the Downtown Regional Center Residential Target Area allowing exemptions from ad valorem property taxation for new multifamily housing. WHEREAS, exemptions from ad valorem property taxes for multifamily 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 which are more conducive to transit use in designated residential targeted areas; and WHEREAS, on October 4, 2006 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 multifamily housing in designated residential targeted areas of the City and established a residential target area for the multifamily property tax exemption within the Downtown Regional Center; and WHEREAS, on April 9, 2007, the State Legislature passed House Bill 1910 amending Chapter 84.14 RCW relating to multifamily 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, on March 3, 2010, the City Council passed Ordinance No. 5105 amending BMC 3.78 to further expand the Downtown Regional Center Residential Target Area; and WHEREAS, on December 19, 2012, the City Council passed Ordinance No. 5202 amending BMC 3.78 to include three parcels located at 1008, 1016, and 1018 Burwell Street into the Downtown Regional Center; 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 lots within the Downtown Regional Center with the potential for multifamily housing development; and 1 Multifamily Property Tax Exemption Residential Target Area Expansion —2014 WHEREAS, the proposed addition to the residential targeted area for the multifamily 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 October 21, 2014 and October 28, 2014 the public was notified by a legal advertisement in the Kitsap Sun of the opportunity to make comment and participate in the public hearing by the City Council; and WHEREAS, on November 5, 2014, 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. The recitals set forth above are hereby adopted and incorporated as set forth in full. SECTION 2. The proposed new boundary of the "Downtown Regional Center Residential Target Area," as described in Chapter 3.78 of the Bremerton Municipal Code, includes three adjacent tax parcels located on Burwell Street, as shown on Exhibit A, attached. Figure 3.78(a), as set forth in Chapter 3.78 of the Bremerton Municipal Code, entitled "Downtown Regional Center Residential Target Area" is hereby repealed and replaced with a new Figure 3.78(a), attached hereto as Exhibit B; said exhibit incorporated herein by this reference. SECTION 3. Severability. 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. SECTION 4. gfective 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. � k , PASSED by the City Council the day of 011'9 'jt 2014 'k, vJ)"� GRE HEELER, Council President 2 Multifamily Property Tax Exemption Residential Target Area Expansion —2014 Approved this —day of N VG/4Pi/L , 2014 PATTY JV, Mayor ATTEST: APPROVED AS TO FORM: SHANNON CORIN, City Clerk GER A. LUBOVICH, > ey PUBLISHED the � day of 4�`1'l�?P/�' , 2014 EFFECTIVE the day of 01/972 , 201 ORDINANCE NO. it;Le allLegal\Ordinances\Community Development'Nulti Family Tax Exemption-2014.doe 3 Multifamily Property Tax Exemption Residential Target Area Expansion —2014 - - N-7 _ ._.- �. x o rLb41 51 1' fir---'�- -'--- --�) EL D -- ON STS, __... B- __._I 12 i �_._.. Tfi ST: 12TH 9T--- 11TH ST �♦ Ir Tr 9TH SV __.._. i- 8TH-ST ........ ---1� --- r - --- 6 i l i ��l-- "' Tax Account Numbers: 3718-022-016-0003 3718-022-014-0005 3718-022-012-0007 !-BURWELL I I I� _L_• I- I 1 Legend ® Subject Parcels to be Added to M'FTE Area ® Downtown Subarea Multifamily Area Figure 3.78(a) EXI I I Downtown Regional Center Residential Target Area Please See Details of the Plan for Allowed -- _-- Locations of MultifamilyHousing " _..13TH"ST -._._1_;._._ Uj ELQ6 .__... : 12TH ST- - ! 1.1TH ST .. U, i __.... i Ji I 1 _.. j Li jj 9TH ST: I ITE r' ._..._.. - Q Q Q -BTFi ST' V LET 117) - --- - - i : I -� BURWELL : ;i I; _ AFFIDAVIT OF PUBLICATION Account#42742 AD#20144298 STATE OF WASHINGTON COUNTY OF KITSAP I,Teresa Hull,being first duly sworn on oath,deposes and says:That she is now,and at all times embraced in the publication herein mentioned was the principal clerk of the printers and publishers of KITSAP SUN; that said newspaper has been approved as a legal newspaper by order of the Superior Court of the County of Kitsap, in which County it is published and is now and has been for more than six months prior to the date of the publication hereinafter referred to,published in the English language continually as a daily newspaper in Bremerton,Kitsap County,Washington,a weekly newspaper in Kitsap County,Washington and is now and during all of said time, was printed in an office maintained in the aforesaid place of publication of said newspaper; that the following is a true text of an advertisement as it was published in regular issues(and not in supplement form)of said newspaper on the following date,to wit: And on Nov. 10,2014 such newspaper was regularly distributed to its subscribers during all of said period.The full amount of the fee charged for the foregoing publication is the sum of$39.00.This amount has not been paid in full. (Signature of Principal Clerk) NOTARY PUBLIC Subscribed and sworn to before me this day of Nov. 19,2014. STATE OF WASHINGTON CHRISTY M MOFFITT My Appointment Expires July 08,2016 ORDINANCE NO. 5260 AN ORDINANCE of the City Council of the City of Bremerton,Washington,amending Chapter 3.78 of the Bremerton Municipal Code by repealing and replacing Figure 3.78(a)to add new territory exemptions from ad valorem property taxation for new multifamily housing. PASSED by the City Council on the 5th day of November,2014. The full text of this ordinance is available from the City Clerk's Office,345 Sixth Street,Suite 600, Bremerton,WA 98337. NOV. 10, 2014 AD#20144298