Fire, Police, Parks and Schools
Suffer
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These developments pay LITTLE or NO TAX for TEN YEARS (typical
in City of Portland). but still use city services. You and I have to make
up the difference or accept less services. Portland has cut back on
police services, cut the parks budget and has the shortest school
year in the country. Here are a few low tax properties that I got from browsing city and county web sites. Each has a link to the City of Portland data source (where appropriate) and the tax roles plus an aerial photo. I presume that there are many more. (this page created in spring of 2002) |
1704 SW JEFFERSON ST $12,862,000.00_Exempt_From_Tax |
From
Portland City Council Agenda, May 20, 1998: "*667 Grant a ten-year
property tax exemption to Gerding/Edlen Development Company for new multiple-unit
housing on the block bounded by SW 17th, 18th, Jefferson and Columbia
(Ordinance)"
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310 NW 5TH AVE $5,498,050.00_Exempt_From_Tax |
From
Portland City Council Agenda, July 30, 1997: "*1170 Grant a ten-year
property tax exemption to Brian McCarl and Company for new multiple-unit
housing on the southwest quarter block bounded by NW Everett, Flanders, Fifth
and Fourth Avenues (Ordinance)"
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238 NW 6TH AVE $2,271,740.00_Exempt_From_Tax |
238 NW 6TH AVE
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1102 NW LOVEJOY ST $16,850,000.00_Exempt_From_Tax |
From
Portland City Council Agenda, August 12, 1998: "1179 Grant a ten-year
property tax exemption to Hoyt Street Properties, LLC for new multiple-unit
housing on the block bounded by NW 11th, 12th, Lovejoy and Kearney Streets
(Ordinance)"
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5800 NE CENTER COMMONS WAY $9,718,000.00_Exempt_From_Tax (This may be only part of the 228 units) |
From
Portland City Council Agenda, May 12, 1999: "660 Approve the application
of Glisan Housing Partners LLC for a ten-year property tax exemption for
a transit-oriented development project that includes 228 units of multifamily
housing located near NE 60th Avenue and NE Glisan Street, known as the Center
Square and Center Station project (Resolution)"
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5845 NE Hoyt Street $4,230,430.00_Exempt_From_Tax |
From
Portland City Council Agenda, December 12, 2001: "1410
Approve the application of Max Housing Partners, LLC for a ten-year
property tax exemption for a transit oriented development project located
at 5845 NE Hoyt Street known as Center Village (Resolution) 36042"
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5819 NE GLISAN ST $3,212,250.00_Exempt_From_Tax |
5819
NE GLISAN ST
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531 NE HOLLADAY ST $1,452,960.00_Exempt_From_Tax |
Exemptions
From
Portland City Council Agenda, December 19,
2001: *1445 Grant a ten-year property
tax exemption to Cascadian Holladay, LLC for new multiple-unit housing
on a site at the northwest corner of the intersection of NE 6th Avenue and
Holladay Street (Ordinance) 176140 (531 NE HOLLADAY ST)
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1425 NE 7TH AVE $8,316,000.00 Exempt From Tax |
From
Portland City Council Agenda, May 28,
1997 *780 Grant a ten-year property tax exemption to the Kehoe Company for new multiple-unit housing at NE 7th Avenue between NE Halsey and Clackamas Streets (Ordinance)
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920 NW KEARNEY ST $5,063,980.00_Exempt_From_Tax |
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911 NW IRVING ST/720 NW 10th Ave $786,120.00_Exempt_From_Tax |
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NEW RUSSELLVILLE; LOT 1 $7,919,710.00_Exempt_From_Tax |
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NEW RUSSELLVILLE; LOT 2 $5,727,270.00_Exempt_From_Tax |
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NEW RUSSELLVILLE; LOT 3 $3,230,090.00_Exempt_From_Tax |
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2025 SW RIVER PKY $22,087,330.00 Exempt From Tax |
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0308-0320 SW MONTGOMERY ST $13,366,580.00_Exempt_From_Tax |
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2115 SW RIVER PKY $18,220,000.00 Exempt From Tax |
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10345 NE CLACKAMAS ST, UN 22 One $61,350 condo pays $81.59 property tax |
From
Portland City Council Agenda, April 14, 9991: 477 Approve the application
of Cold, Inc. for a ten-year property tax exemption for a transit-Oriented
Development project located on NE Clackamas Street between NE 103rd and 104th
Avenues, which includes 24 for-sale condominium units, known as the
Gateway
Condominiums project (Resolution) Disposition: Resolution No.
35782
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1134 SW JEFFERSON ST, UN 202 One condo in this bldg: $102,000.00 market value pays $229.00 property tax |
From
Portland City Council Agenda, July 26, 2000 1128 Grant a ten-year property tax exemption to Innovative Housing, Inc. for new multiple-unit housing on the block bounded by SW Jefferson, Columbia, 12th and 11th Avenues (Second Reading Agenda 1070) Disposition: Ordinance No. 174744.
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Notes:
Tax Abatement (Housing): The Limited Property Tax Abatement for New
Multiple Unit Rental Housing Program encourages new multi-family rental housing
construction by offering a ten-year property tax exemption for a qualifying
project. Eligible projects have ten or more permanent rental units, are located
within the Central City Plan District or urban renewal areas, and should
be approved by the City Council.
From:
http://www.portlanddev.org/pdf/projects/inner_ne/mlk/
pages41-44.pdf
637 Establish $150,150 as the maximum price for a newly constructed single family house eligible for limited property tax exemption in a distressed area (Resolution) http://www.ci.portland.or.us/agenda/Agendas/2000/may10.htm
North/Northeast Portland Enterprise Zone Program: http://www.portlanddev.org/programs/ed/ed_ezone.html
*310 Approve application of The Oaks Park Association, a non-profit corporation, for continuation of property tax exemption, with exceptions (Ordinance) http://www.ci.portland.or.us/agenda/Agendas/1998/marc18.htm