01/28/1987 Meeting - Laserfiche WebLink

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e Replying to questions from Ms. Schue and Ms. Bascom, Ms. Johnson said about 200 units were converted to condominiums in Eugene before 1979. Limited equity cooperatives, which are exempted from the ordinance, are cooperative- ownership developments constructed under Federal guidelines for people with low incomes. B. Administration and Procedures 1. Conversion Rate Report Ms. Johnson said the Planning Commission recommended retention of the annual Convers i on Rate Report and a change in its contents. The commi ss ion recommended that the report be required only if conversion activity has taken place during the past year and that it conform to a formula in the Portland Condominium Conversion Ordinance. 2. Prel iminary and Final Permits Ms. Johnson said the Planning Commission recommended the City conversion process be consolidated so that only one permit is issued and so that the process takes no less than 80 and no more than 120 days. 3. Required Reports and Forms Ms. Johnson said the Planning Commission recommended that most of the reports and forms required in the existing ordinance be retained and that they be regulated by administrative rules. e 4. Housekeepi ng Issues Ms. Johnson said the Planning Commission recommended that references to State laws be updated and that the ordinance be administered by the City Manager or a designee. Answering a question from Ms. Ehrman, Ms. Brody said the Conversion Rate Report could be prepared by the City staff. D. Tenant Protections for General and Special Category Tenants Mr. Bennett said he is in the real estate business and manages properties that will be affected by the condominium conversion ordinance. He said he and his wife are the sole owners of the Eugene Manor, a mid-rise building in which many senior citizens have lived for a long time. He said the senior citizens would be affected by the tenant protections for special category tenants in the condominium conversion ordinance. Mr. Bennett said he served on the Planning Commission while it considered the condominium conversion ordinance and a conflict of interest issue was raised. He said he discussed whether his ownership of buildings in the community created a conflict of interest with the City Attorney and the City Attorneyls formal, written opinion indicated he did not have a conflict of interest. e MINUTES--Eugene City Council January 28, 1987 Page 5