Item C: Resolution 4920 - MUPTE for 11th Ave and Lincoln St

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ECC UGENE ITY OUNCIL AIS GENDA TEM UMMARY Action: Resolution 4920 Approving a Multiple-Unit Property Tax Exemption for th Residential Property Located at Northwest Corner of 11 Avenue and Lincoln Street, Eugene, Oregon (Eugene Downtown Co-Housing LLC, Applicant) Meeting Date: November 13, 2007 Agenda Item Number: C Department: Planning and Development Staff Contact: Richie Weinman www.eugene-or.gov Contact Telephone Number: 682-5533 ISSUE STATEMENT The City Council is asked to approve a resolution granting a Multi-Unit Property Tax Exemption th (MUPTE) for Eugene Downtown Co-Housing on the Northwest Corner of 11 and Lincoln Streets in Eugene. BACKGROUND The MUPTE program was created to encourage new housing in the core area. The council has a 30-year history of supporting tax exemptions under this program, approving a total of 16 requests (Attachment C). Of these, the tax exemption has expired on 11 of the developments. Ten are now taxed and one, Lawrence Court, changed hands and is operated as public-purpose, tax-exempt, low-income housing. In April 2004, the council amended the MUPTE program regulations and boundary. The most significant change to the regulations was to include more stringent quality standards for developments being considered for the exemption. th Eugene Downtown Co-Housing is proposed to be built at 11 Avenue and Lincoln Street. It is in the Downtown Westside Special Area Zone, where high density housing is an outright use. Citizen Comments A display ad was placed in the Register-Guard and comments were requested for a 30-day period. That period ended on October 1, 2007, and no comments were received. Last year, the applicant made a presentation to the Downtown Neighborhood Association and received a favorable reception but no specific endorsement. Design Features Each applicant for a MUPTE is expected to respond to a list of quality standards. The applicant responded by including the following features in this proposal. Use of nine-foot ceiling and ceiling fans rather than air conditioning; ? Use of instant, on-demand hot water heaters; ? Common laundry room with energy efficient washers and dryers rather than washers and dryers ? in each unit; Energy efficient insulation and lighting which meets EWEB standards; ? Low Volatile Organic Compound (VOC) paints; ? F:\CMO\2007 Council Agendas\M071113\S071113C.doc