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Resolution No. 2021-09-Relating to MFTE Designation Areas-Approved 052521Page 1 of 2 RESOLUTION NO. 2021-09 A RESOLUTION of the City of Bainbridge Island, Washington, relating to stating the City’s intention to designate certain areas in which a City of Bainbridge Island Multifamily Property Tax Exemption program would apply, to include the Winslow Master Plan Study Area, Winslow Sewer Service Area, and in the Lynwood Center Area, the NC, NC/R-12, and R-5 zones. WHEREAS, Washington State law authorizes the City Council to adopt a Multifamily Property Tax Exemption (“MFTE”) program as described in Chapter 84.14 RCW, and the purpose of this program is to encourage the development and redevelopment of multifamily and affordable housing by granting a property tax exemption; and WHEREAS, adopting a MFTE program has been planned and was recommended in the 2017 Comprehensive Plan Housing Element and the 2018 Affordable Housing Task Force Final Report Recommendation; and WHEREAS, a Joint City Council/Planning Commission land use subcommittee met in the Summer and Fall of 2020 and presented a list of recommended priority code changes to the Council on October 13, 2020 that included adopting a 12-year MFTE Program, and the City Council approved the list and recommended that it be forwarded to the Planning Commission for legislative work; and WHEREAS, the Planning Commission discussed the MFTE program at their meetings on January 14 and 28, 2021, and at the February 11, 2021 meeting, the Planning Commission completed their recommendation on MFTE program elements to the City Council, including a recommendation on proposed designation areas in which a City MFTE program should apply; and WHEREAS, at the City Council meeting on May 4, 2021, the Council received an overview of state law related to the MFTE program and the Planning Commission recommendation on program elements for a future MFTE program, including recommended MFTE designation areas (i.e., areas in which the program would apply); WHEREAS, at the May 4, 2021 meeting, the City Council approved a motion to move forward with development of 12-year and 20-year MFTE program; and WHEREAS, at the May 4, 2021 meeting, the City Council approved a motion to move forward with setting the date of a public hearing for June 8, 2021 for the designation areas recommended by the Planning Commission for a City of Bainbridge Island MFTE program, as required by RCW 84.14.040; and WHEREAS, at its May 11, 2021 meeting, the City Council considered and adopted this resolution of intention to so designate MFTE designation areas, as authorized by RCW 84.14.040(2). Page 2 of 2 NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF BAINBRIDGE ISLAND DOES RESOLVE AS FOLLOWS: Section 1. The City Council will hold a public hearing on June 8, 2021 as part of the Council’s regular meeting that begins at 6:00 PM to receive public comment on the proposal to designate the following areas as designation areas in which a City of Bainbridge Island MFTE program would apply, such that development projects would be eligible to participate in such a MFTE program: Winslow Master Plan Study Area; Winslow Sewer Service Area; and In the Lynwood Center Area, the NC, NC/R-12, and R-5 zones. Section 2. Attached hereto and incorporated herein are Exhibits A and B, which are maps of the proposed designation areas. Section 3. This resolution will take effect immediately upon passage. PASSED by the City Council this 25th day of May 2021. APPROVED by the Mayor this 25th day of May 2021. Rasham Nassar, Mayor ATTEST/AUTHENTICATE: FILED WITH THE CITY CLERK: May 7, 2021 PASSED BY THE CITY COUNCIL: May 25, 2021 RESOLUTION NO.: 2021-09 Attachments: EXHIBIT A: Map of Winslow Master Plan Study Area and Winslow Sewer Service Area EXHIBIT B: Map of the Lynwood Center Area, showing the NC, NC/R-12, and R-5 zones EXHIBIT A to Resolution No. 2021-09 EXHIBIT B to Resolution No. 2021-09