Resolution No. 5247 - Laserfiche WebLink

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documents and fees as required in EC 2.945, EC 2.946, and Rule R-2.945, and the applicant is in compliance with the policies contained therein. G. City Council has concluded that the criteria described in EC 2.946 and Rule R- 2.945 have been met. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF EUGENE, a Municipal Corporation of the State of Oregon, as follows: Section 1. Based upon the above findings which are adopted, and the City Council's review of the Report and Recommendation of the Executive Director of the Planning and Development Department attached to this Resolution as Exhibit A and incorporated herein by reference, the City Council approves the application of Obie Companies, Inc. and Gordon Lofts, LLC for an ad valorem property tax exemption under the City's Multiple -Unit Property Tax Exemption Program for the residential units and commercial space to be constructed at 61' Avenue and Pearl Street, Eugene, Oregon (Assessor's Map Number 17-03-31-11, portions of existing Tax Lots 2800 and 3200), subject to the following conditions: 1.1 Compact Urban Development. The project will consist of the development of 69 studio units, 53 one -bedroom units, and five two-bedroom units, for a total of 127 residential units, none of which are for transient use or vacation occupancy. The ground floor will contain approximately 10,000 square feet of commercial space. The project will be built in the C-2 Community Commercial Zone, which has no minimum density requirements for mixed-use projects. A schematic drawing showing the site plan and major features and dimensions of the proposed development, and a schematic drawing showing side, front, and back elevations of the proposed development are attached to this Resolution as Exhibit B. 1.2 Green Building. The project will perform at least 10% more efficiently than the performance established in the Oregon Energy Efficiency Specialty Code. Applicant will provide to the City of Eugene's Building and Permit Services an energy model with applicant's permit application. Within 18 months after receiving a Certificate of Occupancy, the applicant shall submit to the City a commissioning report pursuant to Section 1.2 of Rule R -945- C demonstrating compliance with this requirement. For the duration of the tax exemption, Gordon Lofts, LLC, either alone or with others, or its successor (herein after referred to as "the owner") will report multi- family occupancy energy use data to the City of Eugene's Building and Permit Services. 1.3 Local Economic Impact Plan and Compliance with Laws. The applicant submitted a plan demonstrating that more than 50% of the dollar volume of professional Resolution - Page 2 of 4