Resolution No. 4495 - Laserfiche WebLink

Home Browse Search

REPORT AND RECOMMENDATION of the Director of the Planning & Development Department Lorig Associates, LLC Multiple-Unit Property Tax Exemption The Director of the Planning & Development Department of the City of Eugene finds that: 1. Lorig Associates, LLC is the owner of real property located at East-West alley between 8th Avenue and Broadway on the North, Charnelton Street on the East, East-West alley between 10th and Broadway on the South and Lincoln Street on the West, and more particularly described on Exhibit "A" attached hereto and incorporated herein by reference, and has submitted an application pursuant to the City's Multiple-Unit Rental Housing Property Tax Exemption Program (Section 2.945 and 2.947 of the Eugene Code, 1971) with respect to the improvements to be constructed thereon. 2. I have reviewed the application and specifically find that the project is an eligibile structure as defined in the Standards and Guidelines, is located within the project area, and: 2.1 The applicant has submitted all materials, documents and fees required by the City. 2.2 Design elements that benefit the general public have been included in the project, whicQ consists of: 2.2.1 One hundred and sixty residential units in the Eugene downtown core area. This will add people who will reside downtown, strengthening the viability of downtown and enhancing the potential for people who work downtown to live there as well; 2.2.2 The design of the project has been driven by the work of the West End Advisory Committee, a citizen committee appointed by the Eugene City Council. The committee adopted decision principles which guided the design of the parking, residential and commercial elements. This ongoing citizen involvement has demonstrated a viable approach to meaningful public- private project development; 2.2.3 A primary public benefit of the project will be the doubling of parking capacity on site at the same time that dense housing and commercial uses are being added. In effect, the visual impact of parking will be greatly diminished while the supply of parking is increased.