2020-171-Resolution No. 2020-020 Recorded 5/21/2020REVIEWED
LEGAL COUNSEL
Recorded in Deschutes County C J2020_171
Nancy Blankenship, County Clerk
commissioners' Journal 05/21 /2020 3:24:09 PM
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BEFORE THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON
A Resolution of Deschutes County Approving a
Property Tax Exemption for Stillwater Crossing as * RESOLUTION NO. 2020-020
Authorized by ORS 307.515 to ORS 307.537
WHEREAS, Stillwater Crossing, in context with development of 240 affordable apartments within the
city limits of Bend, Oregon has requested that Deschutes County approve its request/application for property tax
exemption as authorized by ORS 307.515, et seq.; and
WHEREAS, the subject property development meets the requirements of ORS 307.515 et seq., to wit,
the property development is located within the city limits of the City of Bend and is a multi -unit project
containing 3 or more units that will be occupied solely by low income persons, offered for rent or held for the
purpose of developing qualified rental housing, the purchase of the property and/or the construction of the
housing development is supported by federal or state funding, and the required rent payments reflect the full
value of the tax exemption; and
WHEREAS, the City of Bend, the Bend-LaPine School District, and Bend Parks and Recreation District
are also evaluating this tax exemption request; and
WHEREAS, to proceed, the request of Stillwater Crossing must secure approval from taxing dstricts
representing at least 51% of all property taxes to be imposed on the subject property development; now
therefore,
BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES
COUNTY, OREGON, as follows:
Section 1. The property tax exemption request for Stillwater Crossing is approved. The exemption
(assuming that the requisite 51% taxing district approval is obtained) is for a period of 20 years,
commencing July 1, 2021.
Section 2. The project for which this tax exemption request is approved is described as follows:
Project name and address:
Stillwater Crossing, 60855 SW Atwood Drive, Bend, OR 97702
Owner's name and address:
Stillwater Housing Associates LP, 131 South Higgins — Suite P-1, Missoula, MT 59802
Description of housing:
240 unit rental complex located in Southwest Bend for families and individuals at or below 60% AMI
PAGE I OF 3 — RESOLUTION NO.2020-020
Identification of property:
See attached Site Plan, Exhibit A
Description of the portion of project that is approved:
100% of the project is approved for tax exemption
Section 3. The property tax exemption request approved herein for the Stillwater Crossing project is
subject to the provisions of ORS 307.529 to 307.531 regarding termination of the exemption. If, after
the exemption is sufficiently approved (51%), Deschutes County finds that:
a) construction or development of Stillwater Crossing differs from the construction or
development described in the application for exemption,
b) the units are not reserved exclusively for families and individuals earning equal to or less than
60% of median family income,
c) any provision of ORS 307.515 to 307.523 is not being complied with, or
d) any provision required pursuant to ORS 307.515 to 307.523 is not being complied with,
Deschutes County will assist the other taxing districts with implementing the procedures outlined in
ORS 307.529 to 307.531 to terminate the exemption
Dated this 0 of , 2020 BOARD OF COUNTY COMMISSIONERS
OF DESCHUTES COUNTY, OREGON
PATTI ADAIR, Chair
ATTES4Sec�etary
Rec
PAGE 2 OF 3 — RESOLUTION NO.2020-020
ANTHONY DeBONE, Vice Chair
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PHILIP G. NDERSON, Commissioner
EXH|BITA
PAGE ]OF3-RESOLUTION NO. 2OZO'O2O
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o� Deschutes County Board of Commissioners
1300 NW Wall St, Bend, OR 97703
(541) 388-6570 - Fax (541) 385-3202 - https://www.deschutes.org/
AGENDA REQUEST & STAFF REPORT
For Board of Commissioners BOCC Wednesday Meeting of May 20, 2020
DATE:
FROM: Tom Anderson, Administrative Services, 541-388-6565
TITLE OF AGENDA ITEM:
Consideration of Board Signature of Resolution No. 2020-020, Approving a Property Tax
Exemption for Stillwater Crossing as Authorized by ORS 307.515 to ORS 307.537