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City of Portland

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5.72.120 Reporting Requirements.

A.  Beginning no later than l2 months following the issuance of bonds by the City, and continuing annually for a period as long as the bonds are outstanding, the Portland Development Commission shall require each project owner of the assisted project to submit a written report which describes:

1.  Number of current employees by job category.

2.  Total assessed value and property taxes paid during the most recent period for the assisted facility or facilities.

B.  In addition to the foregoing, owners of multi‑family projects assisted under this Chapter are required to report annually the number of residential units occupied by individuals or families who, at the date of reporting, have low or moderate incomes.