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(A) The Director may not certify a vertical housing development project under O.R.S. § 307.857 unless the project meets all requirements of this section:
(1) A complete application with all information required by § 36.06(B) is submitted to the city.
(2) The project must be entirely located within a vertical housing development zone designated by the City Council.
(3) Each project must be on its own independent legal tax lot(s).
(4) The project must include one or more equalized floors as determined by the Director.
(5) Construction or rehabilitation must have started on each building included in the project, including, but not limited to, additions that expand or enlarge an existing building.
(6) At least 50% of the project's ground floor that fronts on the primary public street as determined by the Director must be committed to nonresidential use. If a project has access to only one public street, the square footage of driveways, loading docks, bike storage, garbage receptacles and building entryways shall be excluded before applying the 50% test.
(7) For the project's ground floor to be considered committed to nonresidential use, all ground floor interior spaces that front on the primary public street must be constructed to building code standards for commercial use or planned for commercial use upon completion.
(B) Certification by the Director may be partial in scope. The Director's decision will identify what portions of the property and improvements included in the project application constitute the approved certified project.
(Ord. 2018-03, passed 7-17-2018)