Resolution No. 5278 - Laserfiche WebLink

Home Browse Search

G. City Council has concluded that the application meets the criteria described in EC 2.946 and Rule R-2.945. 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 upon 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 RNS Management, LLC for an ad valorem property tax exemption under the City's Multiple -Unit Property Tax Exemption Program for the residential units to be constructed at 1040 and 1050 Ferry Street, Eugene, Oregon (Assessor's Map Number 17-03-32-23 Tax Lots 9400 and 9500), subject to the following conditions: 1.1 Compact Urban Development. The project will consist of the development of 35 studio units and 15 one -bedroom units, for a total of 50 residential units, none of which may be used for transient use or vacation occupancy. The Property is located in the R-4 High Residential Zone, which requires a density of at least 20 units per acre and a maximum of 112 units per acre. The applicant will develop 50 dwelling units on the property which will result in a density of 103 units per acre and which meets the requirements of section 1.1.1.1 of Rule R -2.945-C. The development will be constructed in accordance with the schematic drawing showing the site plan and major features and dimensions of the proposed development, and schematic drawings showing side, front, and back elevations of the proposed development which 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 -2.945- C demonstrating compliance with this requirement. For the duration of the tax exemption, RNS Management, LLC will report multi- family occupancy energy use data to the City of Eugene's Building and Permit Services. The project's on-site parking will include installation of conduit for future electric vehicle charging stations. Resolution - Page 2 of 5