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<br />e <br /> <br />barely hang on to an independent life and it is very important that they <br />remain in the home to which they have become accustomed. They know who to <br />depend on and where to get help in that home. They will suffer if they must <br />move and a developer should find comparable housing for them or let them <br />remain in their apartments. <br /> <br />Ms. Beachdel said she supports comparable housing and lifetime leases when <br />they are needed and there should be no time limit on the search for comparable <br />housing. <br /> <br />Eugene McFadden, 1080 Patterson, said he is 87 years old and he and his wife <br />moved to Eugene about two years ago. He said he is not feeble or handicapped <br />and he does not want to invest in a condominium. He discussed the conversion <br />of an apartment complex in Santa Rosa, California. <br /> <br />Mr. McFadden said there are 92 apartments in Patterson Towers and he has been <br />told some apartments will sell for $65,000 if the building is converted to <br />condominiums. He discussed the capitalization of Patterson Towers. He said <br />owners take ri sks and shoul d sell if they cannot make money on rental <br />apartments. <br /> <br />Helen Swenson, 3545 Wilshire Lane, said she represented the National <br />Association of Retired Federal Employees. She said she is a member of the <br />Citizen Coalition on Condominium Conversions. She said she moved to Eugene <br />six years ago. She said the revisions proposed by the Planning Department <br />will make Eugene less desirable for retired people. She said the revisions <br />will affect many women and they indicate that Eugene does not care about <br />senior women. <br /> <br />e <br /> <br />Olga Morrison, 1080 Patterson, read from an editorial titled liThe Condominium <br />Quandary" that appeared in The Register-Guard on February 8, 1987. She said <br />there should not be a rush to revise the condominium ordinance. Referring to <br />the Eugene Manor and Lane Tower, she said there would not be sufficient <br />apartments in the other if one of the buildings is converted to condominiums <br />and people would not want to move if they are not certain they could remain in <br />the other building.. She said the three high-rise rental apartment buildings <br />in downtown Eugene are special because many services are available in the <br />buildings and because people can get around town easily from the apartments. <br /> <br />Ms. Morrison said retired people are a stable and desirable group. She said <br />funds from the sale of their homes are often invested to provide income. <br />Discussing the solutions suggested in the editorial, she said landlords would <br />find it difficult to rent to desirable tenants if the tenant protections apply <br />only to those people who live in apartments when the revisions to the <br />ordinance are approved. She said the Planning Commission's recommendations <br />would result in healthy tenants with incomes over 50 percent of the median <br />income being evicted in 30 days and, consequently, those people would not rent <br />apartments in buildings that could be converted to condominiums. She said <br />only people who could be classified as special category tenants would move <br />into such buildings. The subsequent reduction in income might encourage <br />property owners to consider converting the building to condominiums. <br /> <br />e <br /> <br />MINUTES--Eugene City Council <br /> <br />February 9, 1987 <br /> <br />Page 7 <br />