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2016-340-Resolution No. 2016-048 Recorded 6/27/2016REVIEWED DESCHNANCYUTES COUNTY BLANKENSHIP,FFICIAL COUNTY CLERKS Vd 206.340 COMMISSIONERS' JOURNAL 06/27/2016 02:43:34 PM LEGAL COUNSEL ItIIlIlIIIIIlIIlIIIlIlIIIIIIlLI 2016-340 BEFORE THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON A Resolution Approving Tax Exemption Request for Affordable Housing Projects in Bend, Oregon * * RESOLUTION NO. 2016-048 WHEREAS, ORS 307.515 et seq., authorizes the governing body of a taxing district to exempt certain qualifying low income rental housing property from the annual real property tax levy; and WHEREAS, Pacific Crest Affordable Housing (PCAH) is developing two low income rental housing projects (Azimuth 315 and Canal Commons) to be located wholly within the jurisdiction of Bend, Oregon; and WHEREAS, the County Commissioners, as the governing body for Deschutes County, have considered the exemption request and are supportive of same, now therefore, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON, as follows: Section 1. Pursuant to ORS 307.515 et seq., Deschutes County approves the request for low income rental housing exemption submitted by PCAH, specific to the housing projects identified as Azimuth 315 and Canal Commons. Section 2. The exemptions approved herein are for a twenty-year period of time commencing on or about July 1, 2018 and continuing for twenty -years provided that the subject low income rental housing projects remain qualified for the exemptions. Section 3. The exemptions are further conditioned upon compliance with all other applicable provisions of statute, as administered by the City of Bend and the Assessor of Deschutes County. Section 4. Effective Date. This Resolution shall be effective upon adoption. Dated this 2Z ATTEST: 4)4)441A -t Recording Secretary 2016 PAGE 1 or 1 - RESOLUTION NO. 2016-048 BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON Att ALAN UNGER, Chair TA ANTHONY DEBONE, Commissioner