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Item B: Multi-Unit Property Tax Exemption Program
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Item B: Multi-Unit Property Tax Exemption Program
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5/13/2013
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<br />additional time needed to finalize program modifications. A public hearing and council action on <br />an ordinance extending the suspension is tentatively scheduled on May 28 and May 29 <br />respectively. <br /> <br />For discussion purposes, Attachment A includes options for modifying the MUPTE program based <br />on council input from the April 22 work session. The options are presented as specific program <br />outcomes identified by the council (for example, “green building”) and categorized as MUPTE <br />minimum threshold criteria, additional public benefit criteria, and other program considerations. <br /> <br />For this work session, staff is seeking council’s review of various criteria options, and direction on <br />preferred MUPTE program criteria. This input will be used to draft refined program criteria that <br />would subsequently be reviewed by stakeholders and the council. The following is an updated <br />timeline for completing the MUPTE program modifications. <br /> <br /> <br />May 22 Council work session <br /> <br /> <br />May 28 Public Hearing – Ordinance extending MUPTE suspension <br /> <br /> <br />May 29 Council action – Ordinance extending MUPTE suspension <br /> <br /> <br />June 17 Public Hearing – Ordinance on new MUPTE criteria <br /> <br /> <br />June 24 Council action – Ordinance adopting new MUPTE criteria <br /> <br /> <br /> <br />RELATED CITY POLICIES <br />Utilization of the MUPTE program to stimulate new multi-unit housing development addresses <br />many goals for Eugene and downtown, including: <br /> <br />Eugene Downtown Plan <br /> <br />Stimulate multi-unit housing in the downtown core and on the edges of downtown for a <br /> <br />variety of income levels and ownership opportunities. <br /> <br />Downtown development shall support the urban qualities of density, vitality, livability and <br /> <br />diversity to create a downtown, urban environment. <br /> <br />Actively pursue public/private development opportunities to achieve the vision for an <br /> <br />active, vital, growing downtown. <br /> <br />Use downtown development tools and incentives to encourage development that provides <br /> <br />character and density downtown. <br /> <br />Facilitate dense development in the courthouse area and other sites between the core of <br /> <br />the downtown and the river. <br /> <br />Envision Eugene Pillars <br /> <br />Promote compact urban development and efficient transportation options. <br /> <br />- Integrate new development and redevelopment in the downtown, in key transit corridors <br />and in core commercial areas. <br />- Meet the 20-year multi-family housing need within the existing Urban Growth Boundary. <br />- Make compact urban development easier in the downtown, on key transit corridors, and <br />in <br />core commercial areas. <br /> <br />Provide housing affordable to all income levels. <br /> <br /> S:\CMO\2013 Council Agendas\M130513\S130513B.doc <br /> <br />
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