Loading...
Ordinance 1978COUNCIL BILL NOS: 1014 ORDINANCE N0. 1978 AN ORDINANCE PROVIDING FOR INCREMENTAL PROPERTY TAX AS A SUBSIDY FOR A PORTION OF CERTAIN DEVELOPMENT CONNECTION FEES, AND DECLARING AN EMERGENCY. WHEREAS, the City of Woodburn is pursuing a more active role in encouraging economic development; and WHEREAS, an incentive partnership is desired between the developer and the City vdhich will allow the benefits of development to help pay the costs of development; NOW, THEREFORE, THE CITY OF WOODBURN ORDAINS AS FOLLOWS: Section 1. Purpose. The City Council finds that the stimulation of new development within the community vaill broaden the economic base of community livability for all residents of the City. As an incentive to promote new development, a subsidy of development fee responsibility is promoted between the owner and the City. This sharing of responsibility is based upon the premise that development pay the expense of development and said public subsidy come from tax revenue generated by the specific development project. Incremental property tax generated from new development is proposed to subsidize one-half the applicable development fees over time. Section 2. Definitions. The following definitions apply: (A) "Development connection fees" shall mean those specific charges for capacity or capital improvement so identified under the Applica- bility Section of this ordinance. (D) "Owner" shall mean any person, firm, corporation or other entity having legal title to the real property subject to the applicable development connection fees and possessing legal authority to authorize Page 1 - COUNCIL GILL N0. 1014 ORDINANCE N0. 1978 the docketing of a lien against said property. (C) "New construction" shall mean all construction resulting in a permanent improvement on or to land which is undeveloped or developed for which an applicable connection fee as defined in this ordinance is charged and which meets the following conditions: (1) Said applicable development connection fees in total aggregate meet or exceed the amount of fifteen hundred dollars ($1500.00), and (2) The incremental increase in assessed valuation for said property, that is the difference between before and after improvement assessed valuation, meets or exceeds the amount of twenty-five thousand dollars ($25,000.00). In general, remodels, alterations, and improvements to existing developed property shall not constitute new construction unless it is significant enough to require applicable development connection fees which meets the above described conditions. (D) "Incremental Property Tax Subsidy" shall mean those property taxes derived from new construction attributable only to the amount levied by the City of UJoodburn and no other taxing jurisdiction; which amount is determined as the incremental difference between before construction and after construction assessed valuation multiplied by the applicable City tax rate. This subsidy will not alter the rate of taxation levied by any taxing jurisdiction, but only provide a method of determining. a subsidy amount which the City will transfer from property tax receipts to applicable capital improvement funds as satisfaction of the City's application of this cost-sharing subsidy of applicable development connection fees. Section 3. Applicability. The specific development connection fees eligible for the general provisions of this ordinance are identified and referenced as the following: Page 2 - COUNCIL BILL N0. 1014 ORDINANCE N0. 1978 (A) Street and Storm Drainage Connection Permit Fee as described in Section 3, Ordinance No. 1842. (B) Water System Capacity Fee as described in Section 8, Ordinance ado. 1866 as amended by Ordinance No. 1973. (C) Sanitary Sewer Connection Fee as described in Section 2, Ordinance No. 1678 as amended by Ordinance No. 1972. (D) Cas Payment in Lieu of Parkland Dedication Fee as described in Section 38.040 of Ordinance No. 1947. Section 4. General Provisions. (A) The owner is responsible for satisfactory payment of all permits, fees, and other charges related to development of real property. (B) The owner responsible for payment of applicable development connection fees associated with new construction as defined in this ordinance shall be eligible for an incremental property tax subsidy of fifty percent (50%) of said applicable development connection fees. (C) The defined 50% incremental property tax subsidy shall be enforced until the amount collected and attributable to said new construction satisfies the 50% amount as determined by the Building Official, or until six (6) annual collections and distribution of the incremental property tax subsidy for said new construction have been completed; whichever occurs first. (D) The owner is liable for any and all remaining balance of the applicable development connection fees not satisfied at the expiration term of the incremental property tax subsidy, which is six annual tax assessments. The Finance Director shall bill the owner for any such remaining balance and enforce the balance owing in accordance with the Security section provisions of this ordinance. Page 3 - COUNCIL GILL NO. 1014 ORDINANCE N0. 1978 (E) The exercise of this incremental property tax subsidy is at the option of the eligible owner; and written application for such option must be filed by the o-vner prior to issuance of the building permit. (F) The failure of the owner to satisfy in full his annual assessment of general property taxes to the City of Woodburn as a taxing jurisdiction will be considered a delinquency. Delinquency in satisfying property tax commitments to the City shall constitute immediate grounds for termination of the incremental property tax subsidy. The remaining balance shall constitute a lien as described in the Security section provisions of this ordinance. Section 5. Administration. (A) The Building Official of the City of Woodburn shall be designated the administrator of this specific development incentive program providing an incremental property tax subsidy for applicable development connection fees. (B) The administrator shall establish appropriate application, monitoring, financial, and other management forms and procedures necessary for the administration of this ordinance. Section 6. Security. (A) The unpaid balance of applicable development connection fees elgible for the incremental property tax subsidy shall constitute a lien upon the property until paid in full. If at the end of the six (6) annual collections and distributions of the incremental property tax subsidy for said development a balance owing still remains, said balance shall be due and payable in full by the owner. Page 4 - COUNCIL BILL N0. 1014 ORDINANCE N0. 1978 (B) The City Finance Director is hereby directed to enter the unpaid balance of applicable development connection fees eligible for incremental property tax subsidy as a lien onto the docket of unbonded liens at the time of issuance of the occupancy permit for said development. (C) Said lien shall be prior and superior to all other liens or encumbrances upon the property insofar as State law permits. (D) Said lein may be foreclosed in the manner provided by ORS 223.010, or in any other manner provided by State law or City ordinance. Section_7. Severability. In any section, clause or phrase of this ordinance, or its application to any statute is determined by any court of competent jurisdiction to be invalid or unenforceable for any reason, such determination shall not affect the validity of the remainder of this ordinance or its application to any other statute, but shall continue to be in full force and effect. Section 8. Retroactivity. Upon passage, this ordinance is retroactive to ~1ay 1, 1987. Section 9. Emergency Clause. This ordinance being necessary for the immediate preservation of the public peace, health, and safety, an emergency is declared to exist and this ordinance shall take effect immediately upon passage by the Council and approval by the Mayor. Approved as to form: ~ ` ~~` ~ 6m-- City Attorney Date APPROVED: `~~ ~~...., , ~~~~~~~ NA CY A. ~KSEY MAYO Passed by the Council Submitted to the P~ayor June 8, 1987 June 10. 1987 Approved by the Mayor Filed in the ,gffice of the ,,Recorder.:,. ATTEST ,,~~~" ~ ~. ~ ~~ Barney O~urr~s, Recorder City of Woodburn, Oregon Page 5 - COUNCIL BILL N0. 1014 ORDINANCE N0. 1978 June 10, 1987 June 10 1987