Ordinance No. 20318 - Laserfiche WebLink

Home Browse Search

ORDINANCE NO. 20318 AN ORDINANCE CONCERNING MULTIPLE-UNIT HOUSING; AND AMENDING SECTION 2.945 OF THE EUGENE CODE, 1971. THE CITY OF EUGENE DOES ORDAIN AS FOLLOWS: Section 1. Subsection (2) of Section 2.945 of the Eugene Code, 1971, is amended to provide: 2.945 Multiple-Unit Housing - Property Tax Exemption. (2) In order to provide the incentives described in subsection (1) of this section, the provisions of ORS 307.600 to 307.691 are hereby adopted as the city's multiple-unit housing property tax exemption program for the city's core area. The city's core area shall include the area generall,~ bounded on the north by 1st Avenue, then south on Lawrence Street to 7"' Avenue, then east to Lincoln Street, then south to 13th Avenue, but including a quarter-block section on the northwest corner of Lincoln Street and 11th Avenue, then east to Olive Street, then south to 17th Avenue, then east to Kincaid Street, then north to the Willamette River and along the Willamette River to 4th Avenue, then west to Pearl Street, then north to 3rd Avenue, then west to Lincoln Street, then north to 1st Avenue, excepting therefrom Tax Lots 17-03-30-43-0010 and 17-03-30-44-04700, as more particularly described in the standards and guidelines adopted by the city manager in the manner prescribed in section 2.019 of this code. The standards and guidelines shall include provisions to relate the net financial benefit from the property tax exemption to the public benefits provided by the improvements. Section 2. The City Recorder, at the request of, or with the concurrence of the City Attorney, may administratively correct any reference errors contained herein or in other provisions of the Eugene Code, 1971 to the provisions added, amended, or repealed herein. Passed by the City Council this 21st day of April, 2004. Approved by the Mayor this _.oraY of April, 2004. Ordinance