HomeMy WebLinkAboutResolution 2016-005 Designating a Target Area Within Industrial Zoned Lands for Property Tax Exemption RESOLUTION NO. 2016-005
A RESOLUTION OF THE CITY OF ARLINGTON
DESIGNATING A TARGET AREA WITHIN INDUSTRIAL ZONED LANDS FOR
PROPERTY TAX EXEMPTION
WHEREAS, the Legislature finds that many cities have planned under the Growth
Management Act, Chapter 37.70A RCW, and designated and zoned lands for industrial
and manufacturing uses; and
WHEREAS, industrial and manufacturing industries provide family living wage
jobs that are essential to a healthy economy; and
WHEREAS, it is critical that Washington State and the City of Arlington promote
its continued strength in the fields of aerospace, technology and other industries that will
provide family wage job growth; and
WHEREAS, planning for industrial and manufacturing use is inadequate to attract
new industry and manufacturing, and an incentive should be created to stimulate the
development of new industrial and manufacturing uses in the existing inventory of lands
zoned for industrial and manufacturing use in targeted urban areas through a tax incentive
as provided by ESB 5761 and RCW 84.25; and
WHEREAS, the City Council has authority to adopt a resolution of intention as to
so designate an area for beneficial tax treatment; and
WHEREAS, the City Council must conduct a Public Hearing to consider the
designation of the proposed target area;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF ARLINGTON, WASHINGTON AS FOLLOWS:
1. The Arlington City Council hereby declares that the real property
described on Exhibit "A" hereto is an area zoned for industrial/manufacturing uses, and
that the City has determined that the targeting of the area, as evaluated by City of
Arlington, will assist in the new construction of industrial/manufacturing facilities that
will provide employment for family living wage jobs
2. The City Council hereby declares its intent to designate the properties
described on the attached Exhibit"A" as a"targeted area" for the creation of tax
incentives pursuant to ESB 5761, and will conduct a Public Hearing to consider the
designation of the proposed target area, to be held on May 2, 2016 at 7PM at City
Council Chambers— 110 East 3rd Street Arlington, WA 98223
RESOLUTION NO. 2016-005
ADOPTED by the City Council and APPROVED by the Mayor this 18th day of
April, 2016.
CITY OF ARLINGTON
Barbara Tolbert, Mayor
ATTEST:
Krisf Banfield, City Cle k
APPROVED AS TO FORM:
Stev n J ei , City Attorney
RESOLUTION NO. 2016-005