Ordinance No. 20073 - Laserfiche WebLink

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GRDINANCE NG, 20073 AN GRDINANCE CONCERNING MULTIPLE-UNIT RENTAL HOUSING; AMENDING SECTIGNS 2.945 AND 2.94? OF THE EUGENE CODE, 1911; REPEALING RESGLUTIGN NO, 4328; CONTINUING ORDINANCE NO. 2U045; AND PROVIDING AN EFFECTIVE DATE FGR APPLICATIGNS. THE CITY GF EUGENE DDES ORDAIN AS FGLLGWS: Section 1. Sections 2.945 and 2.947 of the Eugene Code,1911, are amended to provide: 2.945 Multi le-Unit Rental Housin - Pro a Tax Exem tion. ~1 } The provisions of GRS 3D1.600 to 391.694 enable cities to grant local property tax exemptions for newly constructed multiple-unit rental housing located in proximity to central business districts. This incentive supports the concept of a compact urban growth form, and there is a need and demand far better rental housing at rental rates accessible to a broad range of the general public in the downtown area which is not likely to be produced without this incentive. In order to provide that incentive, the provisions of ORS 301.6x0 to 307.690 are hereby []adopted as the city's multiple-unit rental housing property tax exemption program within the area generally bounded by the Willamette River and Skinner's Butte Park on the north, Washington Street on the west, 13th to 19th Avenues on the South, and on the east by Hilyard Street between Broadway and 11th Avenue, Patterson Street between 11th and 13th Avenues, ~Cincaid Street between 14th and 15th Avenues, more or less, Alder Street between 15th and 18th Avenues, more or less, and Patterson Street between 1 Sth and 19th Avenues, more or less, all of which will be mare particularly described in the standards and guidelines adopted by the city manager in the manner prescribed in section 2.x19 of this code, which shall include designations of a central core area and a neighborhood redevelopment area within its boundaries and provisions to relate the net financial benefit from the property tax exemption to the public benefits provided by the improvements. ~2} Applications for property tax exemption hereunder shall be f led with the city manager and processed in accordance with the standards and guidelines adopted by administrative rule of the city manager. As used in this section and section 2.94? of this code and the standards and guidelines referred to above, "city manager" includes the manager's designee. ~3} Upon receipt of the city manager's written recommendation, the council shat! consider the application, the city manager's written recommendation, and an . ~ Y written comments submitted during the 34 day comment period on the application at its Crd~nance -1