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

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ATTACHMENT A RESOLUTION NO. _____ A RESOLUTION APPROVING A MULTIPLE-UNIT PROPERTY TAX EXEMPTION FOR RESIDENTIAL PROPERTY LOCATED AT NORTHWEST TH CORNER OF 11 AVENUE AND LINCOLN STREET, EUGENE, OREGON (EUGENE DOWNTOWN COHOUSING LLC, APPLICANT). The City Council of the City of Eugene finds that: th A. Martin Henner is the owner of real property located at the northwest corner of 11 Avenue and Lincoln Street, Eugene, Oregon, (map and tax lot numbers 17-03-31-13-12900, 17-03-31-13-13000, 17- 03-31-13-13100, 17-03-31-13-13200, and 17-03-31-13-13300), more particularly described on the attached Exhibit A, and is the registered agent for Eugene Downtown Cohousing LLC. Eugene Downtown Cohousing LLC has submitted an application pursuant to the City’s Multiple-Unit Property Tax Exemption Program (Sections 2.945 and 2.947 of the Eugene Code, 1971), with respect to residential units to be constructed on the property. B. A display ad soliciting recommendations or comments from the public was published in the Register-Guard on September 2, 2007, and advised that written comments would be accepted for a period of 30 days from the date of publication. Recommendations or comments were also solicited from the Planning Commission, and other interested City departments, agencies, and neighborhood groups. No comments were received. C. The Report and Recommendation attached as Exhibit B, which was prepared by the Director of the Planning and Development Department (“the Director”) as designee of the City Manager, recommends that the application be approved and the exemption granted. In making the recommendation, the Director found that the applicant submitted all materials, documents and fees required by the application and the City as set forth in Section 2.945 of the Eugene Code, 1971, and is in compliance with the policies set forth in the Standards and Guidelines adopted by Administrative Order No. 53-04-03-F. D. The project consists of the development of two one-bedroom units, ten two-bedroom units, 11 three bedroom units, and one four-bedroom unit. In addition, there are four commercial/retail units on the ground floor which are not included in this request for a tax exemption. The units are not designed for, nor will be used as, transient accommodations. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF EUGENE, a Municipal Corporation of the State of Oregon, as follows: Section 1. Based upon the above findings which are adopted, and the City Council’s review of the Report and Recommendation of the Director of the Planning and Development Department attached as Exhibit B, the City Council approves the application of Eugene Downtown Cohousing LLC for an ad valorem property tax exemption under the City’s Multiple-Unit Property Tax Exemption Program for th the residential units to be constructed at the northwest corner of 11 Avenue and Lincoln Street, Eugene, F:\CMO\2007 Council Agendas\M071113\S071113C.doc