(1)(a) A city may apply to the Housing and Community Services Department for designation of an area within the city as a vertical housing development zone.
(b) A county may apply to the Housing and Community Services Department for designation of an unincorporated area within the county as a vertical housing development zone.
(2) With the prior consent of the governing body of each city in which a proposed zone is to be located, a county may apply to the department for designation of any area within each city that has given consent for vertical housing development zone designation.
(3) A city and a county, or any combination of cities and counties, may apply to the department for designation of an area situated within each applying jurisdiction as a vertical housing development zone.
(4) A district listed in ORS 198.010 or 198.180 may elect not to participate in a vertical housing development zone. A district that elects not to participate may continue to impose taxes on property otherwise exempt from ad valorem property tax under ORS 307.864.
(5) An application for designation of a vertical housing development zone must be submitted to the department. The application shall be in the form and contain the information required by the department, including:
(a) A list of local taxing districts, other than the applicant, that have territory in the proposed vertical housing development zone.
(b) A copy of a written notification that the applicant mailed to the districts listed pursuant to paragraph (a) of this subsection that:
(A) Describes the proposed vertical housing development zone;
(B) Explains the exemption described in ORS 307.864 that would apply if the proposed zone is designated;
(C) Explains the process by which a district listed in ORS 198.010 or 198.180 may elect not to participate in the vertical housing development zone; and
(D) Is in a form that is satisfactory to the department.
(c) A statement signed by the applicant attesting that the notification described in paragraph (b) of this subsection was sent by regular mail to each district listed pursuant to paragraph (a) of this subsection.
(6) The application shall:
(a) Be filed on behalf of one or more local government units as described in subsections (1) to (3) of this section by action of the governing body of each applicant;
(b) Contain a description of the area sought to be designated as a vertical housing development zone, including proposed zone boundaries;
(c) Contain the reasons that all or a portion of a proposed zone constitutes a core area of an urban center, a light rail system area or a transit oriented area; and
(d) Contain any other information required by the department.
(7) The applicant shall submit to the department, within 30 days following the date the application is filed with the department, a list of the districts that elected not to participate in the vertical housing development zone. [Formerly 285C.453]
Section: Previous 307.824 307.827 307.830 307.831 307.835 307.840 307.841 307.844 307.847 307.850 307.851 307.854 307.857 307.861 307.864 NextLast modified: August 7, 2008