RES 23-842 - Designating BC Zone as Residential Targeted Area & Public HearingRESOLUTION NO. 23-842
A RESOLUTION of the City of Federal Way, Washington, regarding
intent to designate the Community Business zone a residential targeted
area for the purpose of the multifamily property tax exemption program
and setting a public hearing.
WHEREAS, Chapter 84.14 of the Revised Code of Washington provides for special property
tax valuations for eligible improvements associated with multifamily housing in targeted urban,
residential areas; and
WHEREAS, on December 3, 2002, the City Council passed Resolution 02-380, which
designated the City Center Core and Frame zones as "residential targeted areas" for the purpose of
allowing a limited property tax exemption for qualifying multifamily housing, pursuant to the
provisions of RCW 84.14.040(2); and
WHEREAS, on February 18, 2003, the City Council passed Ordinance 03-438 creating
FWRC Chapter 3.30, Multifamily Dwelling Unit Limited Property Tax Exemption ("MFTE
Program"); and
WHEREAS, in October, 2021, the City Council approved the Housing Action Plan; and
WHEREAS, in 2022 the City received a grant from the Washington Department of
Commerce for assistance in implementing the City's Housing Action Plan; and
WHEREAS, the City hired Heartland LLC ("Heartland") to analyze existing City policies
and codes to identify what actions the City could take to increase the production of housing in the
City; and
WHEREAS, Heartland recommended expanding the City's MFTE Program to properties
zoned Community Business ("BC"); and
Resolution No. 23-842 Page 1 of 5
WHEREAS, the City Council desires to consider whether to adopt the BC zone as a
residential targeted area in which property tax exemptions may be granted for construction of
qualifying multifamily housing; and
WHEREAS, RCW 84.14.040(2) provides that the City Council may adopt a resolution of
intent to designate a residential targeted area, and that the resolution must state the time and place of
a public hearing to be held by the City Council to consider the designation of the area; and
WHEREAS, notice of the public hearing shall be published once each week for two
consecutive weeks, not less than seven days, not more than thirty days before the date of the hearing,
in accordance with RCW 84.14.040(3).
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF FEDERAL WAY,
WASHINGTON, HEREBY RESOLVES AS FOLLOWS:
Section 1. Intent to designate BC zone. The City Council intends to consider the designation
of the BC zone, as shown in Exhibit A, as a residential targeted area for the purposes of limited tax
exemption for new multifamily development pursuant to RCW 84.14. Such designation, including
accompanying criteria governing the granting of any limited tax exemption for the BC zone, will be
considered by the City Council at a public hearing as described below.
Section 2. Hearing. The public hearing on the proposed designation of the BC zone as a
residential targeted area for the purposes of limited tax exemption for new multifamily development,
and accompanying criteria governing the granting of any limited tax exemption for the BC zone,
shall be held at a regular meeting of the City Council on July 18, 2023, at 6:30 p.m., or as soon
thereafter as possible in the Federal Way City Council Chambers, located at 33325 8th Avenue South.
The hearing shall be noticed in accordance with RCW 84.14.040(3).
Resolution No. 23-842 Page 2 of 5
Section 3. Severability. If any section, sentence, clause or phrase of this resolution should be
held to be invalid or unconstitutional by a court of competent jurisdiction, such invalidity or
unconstitutionality shall not affect the validity or constitutionality of any other section, sentence,
clause, or phrase of this resolution.
Section 4. Corrections. The City Clerk and the codifiers of this resolution are authorized to
make necessary corrections to this resolution including, but not limited to, the correction of
scrivener/clerical errors, references, resolution numbering, section/subsection numbers and any
references thereto.
Section 5. Ratification. Any act consistent with the authority and prior to the effective date of
this resolution is hereby ratified and affirmed.
Section 6. Effective Date. This resolution shall be effective immediately upon passage by the
Federal Way City Council.
RESOLVED BY THE CITY COUNCIL OF THE CITY OF FEDERAL WAY,
WASHINGTON this 20th day of June, 2023.
[signatures to follow]
Resolution No. 23-842 Page 3 of 5
CITY OF FEDERAL WAY:
F;-JIM FERRELL, MAYOR
ATTEST:
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S H IE COURTNEY, CM If CLERK
APPROVED AS TO FORM:
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J. RYAN CALL, CITY ATTORNEY
FILED WITH THE CITY CLERK: 06/14/2023
PASSED BY THE CITY COUNCIL: 06/20/2023
RESOLUTION NO.: 23-842
Resolution No. 23-842 Page 4 of 5
Exhibit A — Map of Properties zoned Community Business (BC)
CITY OF Map Dates Apri124, .23
Federal Way official Zoning Map: BC Zones 3332 of 81h A- Way GIS DirVa on
Fetleral Way, WA M003
Centered on Opportunity Eftrtfw Ds0:: AprN 4, 2023 8y and mnm #23-954 (253) 935-T000
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Resolution No. 23-842 Page 5 of 5