Notwithstanding ORS § 307.651 to 307.687:

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Terms Used In Oregon Statutes 307.677

(1) If the city finds that construction of single-unit housing was not completed in accordance with ORS § 307.651 (3)(b), the city may extend the deadline for completion of construction for a period not to exceed an additional 24 consecutive months if the city further finds that:

(a) The failure to complete construction was due to circumstances beyond the control of the owner; and

(b) The owner had been acting and could reasonably be expected to act in good faith and with due diligence.

(2) If property granted exemption under ORS § 307.651 to 307.687 is destroyed by fire or act of God, or is otherwise no longer capable of occupancy due to circumstances beyond the control of the owner, the exemption shall cease but no additional taxes or penalty shall be imposed under ORS § 307.651 to 307.687 upon the property. [Formerly 458.065; 2017 c.294 § 4; 2021 c.528 § 10]

 

[1975 c.428 § 10; 1991 c.459 § 77; 1995 c.596 § 10; 1997 c.541 § 141; renumbered 307.631 in 2005]