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adopted pursuant to ORS chapters 195, 196, 197, 215 and 227, that are applicable at the time the <br />application is approved. <br />J. <br /> The project is not designed for, and will not be used as transient accommodations. <br />K. <br /> Granting the application is in the public interest. In making this determination, <br />the City Council has considered the number of points awarded to the project based on the public <br />benefit scoring system contained in the Standards and Guidelines. <br />L. <br /> The Report and Recommendation attached as Exhibit B recommends that the <br />application be approved and the exemption granted. In making that recommendation, the <br />Director found that the applicant submitted all required materials, documents and fees as set <br />forth in Section 2.945 of the Eugene Code, 1971, and the Standards and Guidelines, and the <br />applicant is in compliance with the policies contained therein. <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 />. <br /> Section 1 <br />Based upon the above findings which are adopted, and the City Council’s <br />review of the Report and Recommendation of the Executive Director of the Planning and <br />Development Department attached as Exhibit B, the City Council approves the application of <br />First LEED LLC for an ad valorem property tax exemption under the City’s Multiple-Unit <br />th <br />Property Tax Exemption Program for the residential units to be constructed at 740 East 13 <br />Avenue, Eugene, Oregon, and more particularly described in Exhibit A, subject to the following <br />conditions: <br />1. <br /> The project shall consist of development of 30 two-bedroom units and five three- <br />bedroom units, for a total of 35 residential units. <br />2. <br /> The project shall be completed on or before January 1, 2012. <br />3. <br /> No later than 18 months after receiving Certificate of Occupancy, the applicant <br />shall submit to the City’s Planning and Development Department documentation <br />of Leadership in Energy & Environmental Design (LEED) certification (copy of <br />U.S. Green Building Council Rating Certificate and final LEED review). <br />Resolution - Page 2 of 3 <br />