Req.#5581
ORDINANCE NO. 25789
I AN ORDINANCE relating to the development of multi-family housing in
2 designated residential target areas; amending Chapter 1.23 of the
Tacoma Municipal Code by amending Sections 1.23.070 and 1.23.155
3 thereof, and by amending Title 13 of the Tacoma Municipal Code by
adding thereto a new chapter to be known and designated as
4 Chapter 13.17, consisting of three sections to be known as Sections
5 13.17.01 0 through 13.17.030.
6 WHEREAS the Washington State legislature adopted Sen ate Bill 5387,
7 which provides for exemptions from ad valorem property taxation for qualifying
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multi-family housing located in residential target areas within mixed-use centers
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and authorizes the City to adopt necessary procedures to implement the State
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11 legislation; Now, Therefore,
1 2 BE IT ORDAINED BY THE CITY OF TACOMA:
1 3 Section 1. That Section 1.23.070 of the Tacoma Municipal Code is
14 hereby amended to read as follows:
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1.23.070 Powers. The Examiner shall receive and examine available
1 6
1 7 information, conduct public hearings and prepare a record thereof, and enter
findings and conclusions for the following:
1 8
19 1. Applications for reclassification of property and preliminary and final
20 plats (Chapter 13.04);
21 2. Formation of Lo...
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