My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
Item 5: Ordinance Concerning Condominium Conversion
COE
>
City of Eugene
>
Council Agendas 2006
>
CC Agenda - 07/10/06 Meeting
>
Item 5: Ordinance Concerning Condominium Conversion
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
6/9/2010 12:52:00 PM
Creation date
7/3/2006 3:13:10 PM
Metadata
Fields
Template:
City Council
City_Council_Document_Type
Agenda Item Summary
CMO_Meeting_Date
7/10/2006
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
10
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
<br /> <br />1.Protection to existing tenants who reside in the project. The developer hires a housing counselor to <br /> work with the existing tenants to find comparable housing. <br /> <br /> <br />2.Additional protections and benefits to “special category tenants.” Special category tenants are <br /> those tenants who are: <br /> <br />Low-income persons (current household income is equal to or less than 80% of the median <br />? <br /> <br /> income on an annual basis determined for Eugene-Springfield by the federal Department of <br /> Housing and Urban Development (HUD); <br />Elderly, (70 years or older); or <br />? <br /> <br />Persons with disabilities. <br />? <br /> <br /> <br />Under the current provisions, the applicant must pay moving expenses to special category tenants, in <br />an amount representing the actual costs for moving a tenant’s possessions to another location within <br />the city, up to a maximum amount of $350 for moving costs and $150 for packing and unpacking <br />costs. Low-income tenants receive only reimbursements for moving expenses, exclusive of <br />expenses attributable to packing and unpacking. Elderly and disabled tenants receive reimbursement <br />that includes packing and unpacking costs. The Housing Counselor is responsible for presenting <br />moving costs to the applicant on behalf of the tenant. <br /> <br /> <br />3.Protections to purchasers of converted units by requiring mandatory disclosure of the condition <br /> of the building. Purchasers of condominium units are protected by the Eugene Code in the following <br /> ways: <br />The building(s) being converted must be in compliance with applicable City Building and Safety <br />? <br /> <br /> Codes. <br />The applicant must establish an adequately funded replacement reserve account for the unit <br />? <br /> <br /> owners’ association. <br />The purchaser must be informed of the condition of the building(s) prior to sale. <br />? <br /> <br /> <br />Proposed Code Amendments: <br />Recently, staff has received numerous inquiries about the City’s requirements relating to condominium <br />conversions. One conversion is in process and another is preparing to initiate the process. In working <br />with these owners, staff became aware that one requirement is no longer attainable on the open market. <br />In order to address this situation, the process to amend the code was initiated. This proposed <br />amendment and three other updates were discussed by the intergovernmental Housing Policy Board <br />(HPB) on May 1. The other proposed updates are in response to issues that have surfaced during the <br />administration of the ordinance. <br /> <br />1. Amend the code to replace the requirement for an architect/engineer’s certified report with a <br /> common elements report prepared by a reserve specialist, a professional who provides an analysis of <br /> the condition and life remaining in the common areas. Because an architect/engineer certified <br /> report can no longer be obtained in today’s market, this requirement needs to be changed. A report <br /> by the reserve specialist is the best replacement at this time, but the language also allows for a report <br /> prepared by another professional acceptable in the City. <br /> <br />2. Amend the code to change the definition of “moving expenses” so that the administrative rules <br /> fixing the amount of moving expenses to which a tenant is entitled can be based on the Federal <br /> L:\CMO\2006 Council Agendas\M060710\S0607105.doc <br /> <br />
The URL can be used to link to this page
Your browser does not support the video tag.