12.30.025 Determination of Eligibility for Exemption – Notice to the County Assessor.
A. Within 30 days of the filing of an application, the City Council must determine whether the applicant qualifies for the exemption granted, and if the property has multiple uses, what portion of the property is used for housing for low-income persons. Only the portion of the property used for housing for low-income persons is eligible for a property tax exemption under this chapter.
B. If the City Council determines the applicant qualifies, then the City must certify to the County Assessor that all or a portion of the property is exempt from taxation under the levy of the City.
1. Notwithstanding subsection (A) of this section, the City may send the certification required under this section on or before the deadline specified in ORS 307.512, or as promptly as practicable after making the determination under subsection (A) of this section, whichever is later.
C. Upon receipt of certification under subsection (B) of this section by the County Assessor, the property will be exempt from taxation as described in ORS 307.547(3) to the extent certified by the City. [Ord. NS-2446, 2022]