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Fairview council reviews MUPTI incentives, staff seeks time to finalize Heart of Fairview deal
Summary
City staff and Cascadia Partners outlined a proposed Multiple Unit Property Tax Exemption (MUPTI) program directed to the Halsey Corridor and asked council for time to finalize financial details for the Heart of Fairview development; staff recommended adoption steps, annual reporting, and termination procedures tied to Oregon statute.
Fairview City Councilors spent a work‑session portion of their April 16 meeting reviewing a proposed Multiple Unit Property Tax Exemption (MUPTI) program aimed at encouraging mixed‑use development in the Halsey Corridor and advancing the Heart of Fairview project.
Sarah (city staff), who led the presentation, told council the program would replace the existing vertical housing tax exemption and narrow eligible locations to priority areas such as Fairview Village and parts of Halsey Street. She said the draft program pairs a 10‑year exemption on the value of improvements (not land) with minimum public‑benefit requirements, annual reporting and a program agreement that would be signed by the city and the developer to “memorialize the benefit commitments.”
The nut of staff’s proposal is to make incentives conditional on defined public benefits and enforceable through an agreement: projects must provide at least one priority use that generates customer activity, at least one enhanced storefront design feature, and meet the program’s point minimums. According to staff, the agreement would require annual certification that public benefits remain in place and would allow…
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