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ORS 457.010(1)(g) <br />Sixty-five properties met the blight criteria: a prevalence of depreciated values, impaired investments and social <br />and economic maladjustments to such an extent that the capacity to pay taxes is reduced and tax receipts are <br />inadequate for the cost of public services rendered. <br />In particular, properties with evidence of depreciated values were classified as blighted. Depreciated values are <br />defined in this survey as having a ratio of 4:1 or less of property Improvement Value to Land Value. These are <br />properties: 1, 2, 5, 9, 15, 16, 17, 18, 19, 22, 23, 24, 26, 28, 29, 30, 31, 35, 37, 38, 39, 41, 42, 43, 44, 45, 49, 50, 51, <br />52, 55, 56a, 56b, 57, 59, 60, 62, 63, 64, 68, 70, 73, 74, 75, 77, 79, 80, 82, 83, 84, 87, 88, 89, 91, 92, 93, 94, 95, 97, <br />98, 100, 103, 104, 105 and 107. Some of these properties have multiple taxlots, so the ratio was created by <br />totaling values for taxlots. <br />The depreciation ratio is based on staff research in 2010 which did a comparison of analyses completed by other <br />communities in the state, including Springfield, Tillamook and Portland. Properties that have no land value such <br />as public buildings, open space or public plazas, have N/A (not applicable) in the Matrix and Detailed reports. <br />ORS 457.010(1)(h) <br />Fifty-one properties were classified as blighted based on the following criteria: a growing or total lack of proper <br />utilization of areas, resulting in a stagnant and unproductive condition of land potentially useful and valuable for <br />contributing to the public health, safety and welfare. <br />In particular, properties with one floor or less were identified as blighted. This is based on the rationale that the <br />district is primarily zoned C-3, Major Commercial, with a maximum allowable height of 150 feet. Properties with <br />one floor or less, indicate an underutilization of property. Blight determination under this criteria was also based <br />on a review of the property's vacancy and empty space, such as empty storefronts and large open space areas <br />such as below ground stairwells with courtyards, oversized open sidewalk areas, or surface parking. These <br />indicate that potential use of the property is less than its current state. These are properties 4, 11, 15, 16, 17, 18, <br />20, 22, 23, 26, 28, 29, 30, 32, 35, 37, 38, 41, 42, 44, 45, 47, 50, 51, 56a, 56b, 59, 60, 64, 65, 66, 68, 73, 74, 75, 76, <br />77, 79, 80, 82, 83, 84, 87, 88, 91, 92, 95, 97, 103, 104, and 107. <br />ORS 457.010(1)(i) <br />There are nine properties in the district that are classified as blighted based on the definition criteria: a loss of <br />population and reduction of proper utilization of the area, resulting in its further deterioration and added <br />costs to the taxpayer for the creation of new public facilities and services else- where. <br />This determination was based on a review of the property's state of disrepair and lack of apparent maintenance <br />visible in public owned spaces with vegetation overgrowth, rusted materials, garbage, broken utility connections <br />and ground contamination risks such as the former McAyeals Cleaners site which is now publically owned. <br />Property in these conditions and continued deterioration add to current costs of maintenance and public <br />services. A privately owned property was classified under this criteria based on its vacancy status and extensive <br />property deterioration which encroaches into public right -or -way, thus increasing costs to taxpayers. These are <br />properties: 11, 15, 22, 30, 37, 38, 65, 67 and 107. <br />4 <br />