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Redmond schedules public hearing on expanding MFTE targeted areas downtown and in Merrymore, adds mixed‑use area
Summary
City staff asked council to adopt a resolution setting a public hearing for proposed changes to residential targeted areas that qualify for the multifamily property tax exemption; hearing set for May 6 and final adoption slated for June 17, 2025.
Redmond city staff asked the Committee of the Whole on April 1 to adopt a resolution setting a public hearing on proposed changes to the city’s residential targeted areas (RTAs) that qualify developments for the multifamily property tax exemption (MFTE).
Ian Lovecourt, senior planner with long‑range planning, told the council “the agenda item title is a mouthful and it's several different parts,” and explained the request is to adopt a resolution of intention to hold the public hearing,…
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