ORD 2002 ORDINANCE NO . 00
AN ORDINANCE amending Section 3 . 88 . 140 - B and
C of the Camas Municipal Code by clarifying
the impact fee credits for low income housing
and industrial expansion .
THE COUNCIL OF THE CITY OF CAMAS DO ORDAIN AS FOLLOWS :
Section I
Subsections B and C of Section 3 . 88 . 140 of the Camas Municipal
Code are amended to provide as follows .
3 . 88 . 140 - Credits .
B . Low Income Housing Credit . A credit of seventy -
five ( 75 % ) percent of the total impact fees
assessed for parks , open space , fire and
transportation shall be given to housing which
meets the requirements of low income housing
as defined in Section 3 . 88 . 030 .
C . Industrial Expansion Credit . Collection of
the impact fee for industrial development which
is projected to generate annual real property
taxes payable to the City of Camas in excess
of $ 100 , 000 . 00 shall be deferred for three
( 3 ) years . If the industrial development is
obligated to pay to the City of Camas real
property taxes averaging $ 100 , 000 . 00 per year
or more for the three ( 3 ) year deferral period ,
then the developer shall be entitled to a credit
against impact fees equal to twenty - five ( 25 % )
percent of the total real property taxes paid
by such developer during the three ( 3 ) year
deferral period . In the event that the credit
calculated hereunder exceeds the amount of
the impact fee , the City shall have no obligation
to reimburse the difference to the developer .
The deferral period shall commence in the first
i
whi
year duringch the nitial phase of improvements
have been completed and are placed on the real
property tax assessment rolls .
Section II
This ordinance shall take force and be in effect five ( 5 )
days from and after its publication according to law .
PASSED by the Council and APPROVED by the Mayor this �1 0
day of S=et : � c 19 9 4 .
SIGNED
yor
ATTEST . Zoe
Clerk
APPROVED to form .
.ly
City Attorney
Affidavit of Publication
STATE OF WASHINGTON )
COUNTY OF CLARK )
I , Michael Gallagher , being first
duly sworn , depose and say that I am the owner , editor , publisher
of The Post - Record , a weekly newspaper . That said newspaper is ORDINANCE N0 . 2002
a legal newspaper and has been approved as a legal newspaper by AN ORDINANCE amending Section
order of the superior court in the county in which it is published and 3 . 88 . 140 - B and C of the Camas Municipal
it is now and has been for more than six months prior to the date of Code by clarifying the impact fee credits for
the publication hereinafter to , published in the English language low income housing and industrial expan -
continuously as a weekly newspaper in Camas , Clark County , sion .
Washington , and it is now and during all of said time was printed THE COUNCIL OF THE CITY OF
CAMAS DO ORDAIN AS FOLLOWS :
in an office maintained at the aforesaid place of publication Section I
Subsections B and C of Section 3 . 88 . 140
of the Camas Municipal Code are amended
to provide as follows :
of said newspaper , that the ORDINANCE NO . 2002 3 . 88 . 140—Credits .B . Low Income Housing Credit . A credit
of seventy - five ( 75 % ) percent of the total
impact fees assessed for parks , open space ,
fire and transportation shall be given ' to
housing which meets the requirements of
low income housing as defined in Section
3 . 88 . 030 *
a printed co of which is hereto annexed was ublished in the C . Industrial Expansion Credit . Collec -
p copy 'Onep tion of the impact fee for industrial develop -
entire issue of said newspaper for ment which is projected to generate annual
successive and consecutive weeks in the following issues ; real property taxes payable to the City of
Camas in excess of $ 100 , 000 . 00 shall be dem
Issue date Oct . 18 r 19 9 4 ferred for ,three (3 ) years . If the industrial
development is obligated to pay to the City of
Camas real property taxes averaging
$ 100 , 000 . 00 per year or more for the three
Issue date (3 ) year deferral period , then the developer
shall be entitled to a credit against impact
fees equal to twenty - five (25 % ) percent of
Issue date
the total real property taxes paid by such
developer during the three (3 ) year deferral
period . In the event that the credit calculated
hereunder exceeds the amount of the impact
Issue date fee , the City shall have no obligation to reim -
burse the difference to the developer . The
deferral period shall commence in the first
year during which the initial phase of im -
Issue date _ _ _
provements have been , completed and are
placed on the real property tax assessment
Issue date rolls .
Section II
This ordinance shall take force and be in
The fee charged for the above publication was : effect five (5) days from and after its publica -
�- tion according to law.
$ 34 . 6 5 PASSED by the Council and AP -
PROVED by the Mayor this 10th day of
October, 1994,
1 SIGNED : Dean Dossett, Mayor
ATTEST : /s/Joan M. Smith , Clerk
lisher APPROVED as to form .
/s/Roger D . Knapp
City Attorney
Subscribed and sworn to before me this
No . 3544—Oct. 18 , 1994
day of , 19
t
00
Notary Public in and for the
State of Washington ,
Residing at Camas Washington
.1 '
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t