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<br />NOW, THEREFORE, <br /> <br /> <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF EUGENE, a <br /> <br />Municipal Corporation of the State of Oregon, as follows: <br /> <br /> Section 1. <br />Notwithstanding the above findings and the Report and Recommendation of <br />the Director of the Planning and Development Department attached as Exhibit B, the City <br />Council denies the application of Corey Development, LLC for an ad valorem property tax <br />exemption under the City’s Multiple-Unit Property Tax Exemption Program for the residential <br />th <br />units to be constructed at 693 East 16 Street, Eugene, Oregon, and more particularly described <br />on the attached Exhibit A. <br /> <br />Section 2. <br /> The City Manager, or the Manager’s designee, is requested to forward a <br />copy of this Resolution to the applicants within ten days. <br /> <br />Section 3. <br /> This Resolution shall become effective immediately upon its adoption. <br /> <br />The foregoing Resolution adopted and effective the ____ day of April, 2008. <br /> <br /> <br /> <br /> <br /> ___________________________________ <br /> City Recorder <br /> <br />Resolution – Page 2 <br />08 Corey-Hilyard Reapp. MUPTE Denial Resol. (00196363) <br />