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RESOLUTION NO. 5315 <br />A RESOLUTION APPROVING A LOW-INCOME RENTAL HOUSING <br />PROPERTY TAX EXEMPTION FOR PROPERTY LOCATED ON HOPE <br />LOOP, EUGENE, OREGON (ASSESSOR’S MAP 17-04-27-24, TAX LOTS <br />02201, 02211, 02214, 02215, AND 02218; ASSESSOR’S PROPERTY <br />ACCOUNT NOS. 1511623, 1511599, 1511631, 1511458, AND 1511482) <br />(APPLICANT ST. VINCENT DE PAUL SOCIETY OF LANE COUNTY, <br />INC.) <br /> <br /> <br /> The City Council of the City of Eugene finds that: <br /> <br />A. St. Vincent de Paul Society of Lane County, Inc. is the owner of real property <br />located on Hope Loop, Eugene, Oregon, 97402 (Assessor’s Map 17-04-27-24, Tax Lots 02201, <br />02211, 02214, 02215, and 02218; Assessor’s Property Account Nos. 1511623, 1511599, 1511631, <br />1511458, 1511482), more particularly described in Exhibit A attached to this Resolution (the <br />Property). <br /> <br />B. St. Vincent de Paul Society of Lane County, Inc. (2890 Chad Drive, Eugene, <br />Oregon, 97408) (the applicant) has submitted an application for a low-income housing exemption <br />from ad valorem taxes levied on the Property beginning July 1, 2021,under the City's Low-Income <br />Rental Housing Property Tax Exemption Program (EC 2.937 to 2.940). <br /> <br />C. The Property includes five duplexes for a total of ten three-bedroom units, two of <br />which are designated to serve transitional housing families. The applicant is seeking an exemption <br />for the entire Property. <br />D. The Community Development Manager of the Planning and Development <br />Department, as designee of the City Manager, has prepared a Report and Recommendation <br />recommending that the application be approved and the exemption granted. In making that <br />recommendation, the Community Development Manager found that the applicant submitted all <br />materials, documents and fees required by Section 2.938 of the Eugene Code, 1971 (EC), and is <br />in compliance with the policies set forth in Section 5 of the Standards and Guidelines adopted by <br />Resolution No. 5297. In addition, the Community Development Manager found that the applicant <br />has complied with the criteria for approval provided in EC 2.939(3), and the eligibility <br />requirements at Section 2.10 ofthe Standards and Guidelines adopted by Resolution No. 5297. <br />NOW, THEREFORE, <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF EUGENE, a <br />Municipal Corporation of the State of Oregon, as follows: <br />Section 1. Based upon the above findings, the City Council approves the application of <br />St. Vincent de Paul Society of Lane County, Inc. for an ad valorem property tax exemption under <br />Resolution - Page 1 of 2 <br /> <br /> <br />