Skip to main content
Loading…
This section is included in your selections.

Upon completion of the improvements or new construction agreed upon in the contract between the applicant and the City, and upon issuance of a temporary or permanent certificate of occupancy, the applicant may request a final certificate of tax exemption by filing with the Director such information as the Director may deem necessary or useful to evaluate the eligibility for the final certificate. The application shall include the fee as set forth on the City’s current fee resolution and the following:

(1) A statement of expenditures made with respect to each multifamily housing unit and the total expenditures made with respect to the entire property;

(2) A description of the completed work and a statement of qualification for the exemption;

(3) The total monthly rent or total sale amount of each multifamily housing unit rented or sold to date;

(4) Any additional information requested by the City pursuant to meeting any reporting requirements under Chapter 84.14 RCW;

(5) A statement that the work was completed within the required three-year period or any authorized extension; and

(6) If a 12-year exemption, information on the applicant’s compliance with the affordability requirements of this chapter. (Ord. 13-12 § 1 (Exh. 1); Ord. 05-12 § 1 (Exh. 1))