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HomeMy WebLinkAboutOrd 2665 - Multi-Family Tax ExemptionCity of Tukwila Washington Cover page to Ordinance 2665 The full text of the ordinance follows this cover page. AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, AMENDING ORDINANCE NOS: 2462 AND 2538, AS CODIFIED AT TUKWILA MUNICIIAL CODE SECTIONS 3.90,050 AND .90.060, TO AMEND ELIGIBILITY CRITERIA AND TO ALLOW NEW APPLICATIONS FOR MULTI- FAMILY RESIDENTIAL PROPERTY TAX EXEMPTIONS TO BE SUBMITTED; PROVIDING FOR SEVERABILITY; AND ESTABLISHING AN EFFECTIVE (DATE,. Ordinance 2665 was amended or repealed by the following ordinances. ion(s) Arnend 2 vended by Ord # 2707 ion(s) pealed Repealed by Ord AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, AMENDING ORDINANCE NOS. 2462 AND 2538, AS CODIFIED AT TUKWILA MUNICIPAL CODE SECTIONS 3.90.050 AND 3.90.060, TO AMEND ELIGIBILITY CRITERIA AND TO ALLOW NEW APPLICATIONS FOR MULTI- FAMILY RESIDENTIAL PROPERTY TAX EXEMPTIONS TO BE SUBMITTED; PROVIDING FOR SEVERABILITY; AND ESTABLISHING AN EFFECTIVE DATE. WHEREAS, chapter84.14 RCW authorizes cities to provide for exemptions from ad valorem property taxation on qualified multi -family housing developments located in designated residential targeted areas in order to encourage more desirable, affordable, and convenient residential units in urban centers; and WHEREAS, the King County Countywide Planning Policies (KCCPP), developed pursuantto the Washington State Growth ManagementAct, have established standards for cities to plan for theirshare of regional growth and affordable housing; and WHEREAS, the Tukwila Urban Center is one of the region's designated urban centers and lies within an urban growth area, with access to high capacity transit; and WHEREAS, the City intends to assist in achieving its residential growth targets and goals in the City's Housing and Urban Center Element of the City's Comprehensive Plan by encouraging new multi -family housing in the Tukwila Urban Center; and WHEREAS, three projects utilized the Multi -Family Tax Exemption between 2014 and 2017, including two age -restricted projects; and WHEREAS, the Tukwila Urban Center currently lacks sufficientavailable, desirable and convenient residential housing available to all ages, including affordable housing, to meet the needs of the publicwhowould be likelyto live and work in the urban center, if affordable, desirable, attractive, and livable places were available; and WHEREAS, King County is currently facing a housing shortage, with a lack of workforce housing; and MLegislative DevelopmentTroperty tax exemption for qualified multi-fami ly h ous ing—update 11-29-21 BM:bjs Review and analysis by Barbara Saxton Page 1 of 4 WHEREAS, thousands of people who work in the Tukwila Urban Center are unable to live near their jobs due to a lack of quality workforce housing and, as a result, these individuals commute to and from work, resulting in additional vehicles on regional roadways and adding more greenhouse gas emissions to the atmosphere; and WHEREAS, the Tukwila Urban Center qualifies as an urban center for purposes of RCW 84.14.010, and Tukwila has a desire to stimulate construction of new multi -family housingwithin thatportion of the Tukwila Urban Center's Transit Oriented Development District that lies west of the Green River; and WHEREAS, the tax incentive provided by chapter 84.14 RCW encourages increased residential opportunities, including affordable housing opportunities, and will stimulate the construction of new multi -family housing within the residential targeted area and will benefit and promote public health, safety, and welfare by encouraging residential developmentand redevelopmentof that area of the City; and WHEREAS, a limited Multi -Family Tax Exemption Program in the Tukwila Urban Center may assist in allowing workers to live closer to their jobs; and WHEREAS, the City's tax incentive regulations were adopted by the Tukwila City Council in Ordinance No. 2462 on December 1, 2014, and amended bythe City Council on May 15, 2017, by Ordinance No. 2538; and WHEREAS, under Tukwila Municipal Code Section 3.90.060, applications for a multi- familytax exemption were no longeraccepted after December 31, 2017, and the Tukwila City Council desires to allow new projects to take advantage of the incentive to sti mu late the construction of new housing open to all ages to supportthe developmentof affordable and quality workforce housing within a portion of the Tukwila Urban Center Transit Oriented Development Districtfora limited period of time; and WHEREAS, on November 22, 2021, the Tukwila City Council, after giving public notice consistentwith RCW 84.14.040, held a public hearing to consider adoption of th e proposed ordinance; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, HEREBY ORDAINS AS FOLLOWS: Section 1. TMC Section 3.90.050 Amended. Ordinance No. 2462 §7, as codified at Tukwila Municipal Code (TMC) Section 3.90.050, is hereby amended to read as follows: 3.90.050 Project Eligibility A. To be eligible for exemption from property taxation under this chapter, the residential units mustsatisfy all of the following criteria: 1. The units mustbe located in the residential targeted area. 2. The units mustbe within a residential ormixed-use structure containing at least fourdwelling units. 3. The units must have an average size of at least 500 square feet per unit. MI-eg i slati ve DevelopmentTroperty tax exemption for qualified multi -farm lyhousing—update 11-29-21 BM:bjs Review and analysis by Barbara Saxton Page 2 of 4 4. A minimum of 15 percentof the units mustbe at least 900 square feet and contain at least two bedrooms. 5. The units must be designed and used for permanent residential occupancy made available to residents of all ages to promote workforce housing. 6. Each unit must have its own private bathroom and private kitchen. Residential projects that utilize common kitchens and/or common bathrooms are not eligible. 7. The entire property shall comply with all applicable zoning requirements, land use regulations, environmental requirements, building codes and fire code requirements, as outlined in the Tukwila Municipal Code. 8. The units must be constructed and receive a certificate of occupancy after this ordinance takes effect 9. The units must be completed within 3 years from the date of issuance of the conditional certificate of acceptance of tax exemption by the City, or within authorized extension of this time limit. B. In addition to the requirements listed in TMC Section 3.90.050 (A), residential units that request the 12 -year property tax exemption, as permitted by TMC Section 3.90.040 (A)(2), must also satisfy the following requirements: 1. The mix and configuration of housing units (e.g., studio, one -bedroom, two-bedroom, etc.) used to meet the requirement for affordable units under TMC Section 3.90.050 shall be substantially proportional to the mix and configuration of the total housing units in the project. 2. For owner -occupied projects, the contract with the City required under TMC Section 3.90.070 shall identifywhich units meet the affordability criteria. Section 2. TMC Section 3.90.060 Amended. Ordinance Nos. 2462 §8 and 2538 §1, as codified at TMC Section 3.90.060, are hereby amended as follows: 3.90.060 Application Procedure—Fee A. The owner of property applying for exemption under this chapter shall submit an application to the Administrator, on a form established by the Administrator. The ownershall verifythe contents of the application by oath or affirmation. The application shall contain the following information: 1. A brief written description of the project, including phasing if applicable, that states which units are proposed forthe exemption and whether the request is for or 12 years. 2. Preliminary schematic site and floor plans of the multi4amily u nits and the structure(s) in which theyare proposed to be located. 3. A table of all units in the project listing unit number, square footage, unit type (studio, one bedroom, etc.), and indicating those proposed forthe exemption. 4. If applicable, information describing how the applicantwill comply with the affordability requirements in TMC Sections 3.90.040 and 3.90.050. CC:Legislative DevelopmentTroperty tax exemption for qualified multi -family housing—update 11-29-21 BM:bjs Review and analysis by Barbara Saxton Page 3 of 4 5. A statement from the owner acknowledging the potential tax liability when the property ceases to be eligible for exemption underthis chapter. 6. Any other information deemed necessary or useful bythe Administrator. B. At the time of application under this section, the applicant shall pay to the City an initial application fee of $500 or as otherwise established by ordinance orresole tion . If the application is denied, the City may retain that portion of the application fee attributable to its own administrative costs and refund the balance to the applicant. C. The complete application shall be submitted anytime before, but no later than, the date the certificate of occupancy is issued under Title 16 of the Tukwila Municipal Code. D. After December 31, 2022, the City will no longer accept applications. Section 3. Corrections by City Clerk or Code Reviser Authorized. Upon approval of the City Attorney, the City Clerk and the code reviser are authorized to make necessary corrections to this ordinance, including the correction of clerical errors; references to other local, state or federal laws, codes, rules, or regulations; or ordinance numbering and section /subsection numbering. Section 4. Severability. If any section, subsection, paragraph, sentence, clause or phrase of this ordinance or its application to any person or situation should be held to be invalid or unconstitutional for any reason by a court of competent jurisdiction, such invalidity or unconstitutionality shall not affect the validity or constitutionality of the remaining portions of this ordinance or its application to anyother person or situation. Section 5. Effective Date. This ordinance ora summary thereof shall be published in the official newspaper of the City, and shall take effect and be in full force five days after passage and publication as provided by law. PASSED BY THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, at a Regular Meeting thereof this (6� dayof —0e-0ery00i!--r _,2021. ATTEST/AUTHENTICATED: Christy O'Flaherty, MMC, City Clerk Office of the City Attom ey Allan Ekberg, Mayor Filed with the City Clerk: 11-3 '0 0-2-\ Passed by the City Council: — t2 - (o' 2-1 Published: 12-- ) - 2-k Effective Date: 1'2--ILA-Z\ Ordinance Number: 2665 MI-egislative DevelopmentTroperty tax exemption for qualified multi -family housing—update 11-29-21 BM:bjs Review and analysis by Barbara Saxton Page 4 of 4 City of Tukwila Public Notice of Ordinance Adoption for Ordinances 2665-2666. On December 6, 2021 the City Council of the City of Tukwila, Washington, adopted the following ordinances, the main points of which are summarized by title as follows: Ordinance 2665: AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, AMENDING ORDINANCE NOS. 2462 AND 2538, AS CODIFIED AT TUKWILA MUNICIPAL CODE SECTIONS 3.90.050 AND 3.90.060, TO AMEND ELIGIBILITY CRITERIA AND TO ALLOW NEW APPLICATIONS FOR MULTI- FAMILY RESIDENTIAL PROPERTY TAX EXEMPTIONS TO BE SUBMITTED; PROVIDING FOR SEVERABILITY; AND ESTABLISHING AN EFFECTIVE DATE. Ordinance 2666: AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, REPEALING ORDINANCE NO. 1916 RELATING TO THE CITY'S INVESTMENT POLICY, THEREBY ELIMINATING TUKWILA MUNICIPAL CODE CHAPTER 3.28; PROVIDING FOR SEVERABILITY; AND ESTABLISHING AN EFFECTIVE DATE. The full text of this ordinance will be provided upon request. Christy O'Flaherty, MMC, City Clerk Published Seattle Times: December 9, 2021