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1993-43709-Ordinance No. 93-062 Recorded 11/26/1993REVIEWED BEFORE THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES :OUNTLyQj7ffMtL An Ordinance Adopting the Provisions of ORS 307.515 to qQr..,.; ORS 307.537, the State of Oregon Low -Income Rental * �. Housing Local Property Tax * ;�„ f a Exemption Provisions and * 93-43'709 C i1; 1, Declaring an Emergency. ORDINANCE N0. 93-062 01#400 30 07% THE BOARD OF COUNTY COMMISSIONERS OF-'DE§CHUTES COUNTY, OREGON, ORDAINS as follows: WHEREAS, Deschutes County finds that a local housing crisis exists due to the unavailability of low-income rental housing for low-income persons; and WHEREAS, Deschutes County may adopt the provisions of ORS 307.515 to ORS 307.537 which provides a local real property tax exemption for certain properties providing rentals to low-income persons; and WHEREAS, the Board of County Commissioners finds it to be in the public interest to provide a means whereby rental property can be offered to low-income persons at a lower rent because of the state property tax exemption benefits now, therefore, THE BOARD OF COUNTY COMMISSIONS OF DESCHUTES COUNTY, OREGON, ORDAINS as follows: Section 1. That the provisions of ORS 307.515 to 307.537 providing a State of Oregon property tax exemption for property rented to low-income persons is hereby adopted. Section 2. EMERGENCY. This Ordinance being necessary for the immediate preservation of the public peace, health and safety, an emergency is delcared to exist, and this Ordinance takes effect on its passage. DATED this day of 1993. BOARDCOUNTY COMMISSIONERS OF DF ,Z UTES COUNTY, OREGON E T: N Y PC Recording Secretary BARRY 1Y. 1 - ORDINANCE NO. 93-062 (11/24/93) h PE jC GEN, Commissioner SLAUGHTER, Commissioner HOE Y 1 M k'r, 'y1EC DE 6 1993 7r-, .