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RESOLUTION NO. 5297 <br />A RESOLUTION ADOPTING AMENDED STANDARDS AND <br />GUIDELINES FOR PROCESSING APPLICATIONS FOR LOW-INCOME <br />RENTAL HOUSING PROPERTY TAX EXEMPTIONS AND REPEALING <br />RESOLUTION NO. 5028. <br />The City Council of the City of Eugene finds that: <br />A. Issues related to low-income housing have long been given a high priority by the <br />City Council. As an incentive to encourage low-income rental housing within the City of Eugene, <br />and in compliance with provisions enacted by the Oregon Legislature, the City Council adopted <br />Sections 2.937 to 2.940 of the Eugene Code, 1971, which provides procedures for granting <br />exemptions from ad valorem taxes on low-income rental housing. <br />B. ORS 307.521(4) provides that local jurisdictions shall adopt standards and <br />guidelines to establish the policies governing the consideration of low-income rental housing tax <br />exemption applications. In accordance with that provision, on February 12, 1990, Resolution No. <br />4168 was adopted establishing Standards and Guidelines for processing such applications. <br />Resolution No. 4168 has subsequently been amended by Resolution Nos. 4327, 4418, 4623 and <br />5028. <br />C. The City Council has amended Sections 2.938, 2.939 and 2.940 of the Eugene <br />Code, 1971, to bring those sections into conformity with amendments to the state statutes. <br />Therefore, revisions to the Standards and Guidelines are necessary in order to ensure compliance <br />with state law and conformity with Sections 2.937 to 2.940 of the Eugene Code, 1971. Additional <br />revisions to the Standards and Guidelines are adopted in order to: <br />1. Ensure the Standards and Guidelines accurately refer to appropriate state <br />agencies; <br />2. Ensure that the Standards and Guidelines accurately reflect the purpose of <br />the City's adopted low-income rental housing property tax program; and <br />3. Allow the City Manager 45 days within which to forward his or her <br />recommendation on an application to the City Council. <br />D. Resolution No. 5028 and the Standards and Guidelines adopted by that Resolution, <br />should be repealed, and the amended Standards and Guidelines attached as Exhibit A to this <br />Resolution should be approved and adopted as the process to be followed in reviewing and making <br />recommendations on applications for low-income rental housing property tax exemptions. <br />Resolution - Page 1 of 2 <br />