07/06/1977 Meeting - Laserfiche WebLink

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. VI I. Street Vacation: Brawner Boulevard (SV 77-1) C.B. 1507--Calling public hearing August 10, 1977 re: street vacation, Brawner Boulevard was read by number and title only, there being no Council member present requesting it be read in full. Mr. Haws moved, seconded by Mr. Hamel, that C.B. 1507 be read the second time by council bill number only, with unanimous consent of the Council, and that enactment be considered at thi s time. Motion carried unanimously and the bill was read the second time by council bill number only. Mr. Haws moved, seconded by Mr. Hamel, that the bill be approved and given final passage. Roll ca 11 vote. All Council members present voting aye, the bill was declared passed and numbered 18020. VIII. Street Name Change: Located south of Barger Avenue, west of Beltline Road, from Hancock Street to Haven Street (SC 77-5) Mr. Haws moved, seconded by Mr. Hamel, to schedule public hearing July 13, 1977. Motion carried unanimously. IX. Council Consideration of Adopting and Implementing Provisions of -- ORS 307.600 to 307.690--memo, resolution, map, report and minutes distributed to Council. Manager reported this recommendation had come from CDC and JHC. The request was for Council action to adopt and implement provisions of the Code. The provisions would provide for tax exemptions on property for newly constructed rental housing containing 24 or more units built before January, 1980, and located within the area generally bounded by 5th Avenue, Washington Street, 13th Avenue, and High Street. The admini- stration of the exemption program would be the responsibility of the Department of Housing and Community Conservation, and each application for exemption would come before the JHC for recommendation to the City Council. Manager said such action would stimulate construction in the core area downtown, and the proposed Code provisions had been considered by ERA, the Downtown Development Board, and many others. He noted Council had been provided with extensive reports on the matter. Betty Niven explained this was one of three bills passed by the State Legislature in 1975 which would encourage the development of multiple- family housing near downtown. She said there were three developers already interested in using the program. She reviewed some of the substance of the reports for Council. One correction which would be made in the proposal was to insert the words "...at rental rates accep- table to a broad range of the general public." She reviewed the finan- cial analysis and the impact on the City and said the main concern of the program was to use all available means to allow better housing near the core area. She said this legislation provides more housing options e for citizens and waives property taxes on the improvements for ten years . The land continues to be taxed. After ten years, taxes would 53b 7 /6!7 7 --5