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Within 30 days after the first anniversary of the date of filing the final certificate of tax exemption and each year thereafter, for the period of the tax exemption, the owner shall file a notarized declaration with the director indicating the following:

A. A statement of occupancy and vacancy of the multiple-unit housing units during the previous year;

B. A certification that the property continues to be in compliance with the contract with the city and, if applicable, in compliance with the affordable housing requirements;

C. A description of any subsequent improvements or changes to the property. The director shall conduct on-site verification of the declaration. Failure to submit the annual declaration may result in the tax exemption being canceled; and

D. Any additional information requested by the city in regards to the units receiving a tax exemption.

The city shall comply with the reporting requirements of RCW 84.14.100(2). (Ord. 2681 § 11, 2007)