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Section 1. <br />Based upon the above findings, the City Council approves the application of St. Vincent <br />de Paul Society of Lane County, Inc.for an ad valorem property tax exemption under the City's Low- <br />Income Rental Housing Property Tax Exemption Program for the property located at 535 – 695 Betty <br />Niven Drive, Eugene, Oregon, 97405 (Assessor’s Map 18-03-08-33; Tax Lot Numbers 8000, 8100, 8200, <br />8300, 8400, 8500, 8600, 8700, 8800, 8900, 9000, 9100, 9200, 9300, 9400, 9500, 9600, 9700, and 9800; <br />Assessor’s Property Account Numbers 1641768, 1641776, 1641784, 1641792, 1641800, 1641818, <br />1641826, 1641834, 1641842, 1641859, 1641867, 1641875, 1641883, 1641891, 1641909, 1641917, <br />1641925, 1641933, and 1641941) which includes two one-bedroom units, 14 two-bedroom units, six three <br />bedroom-units, and residential common areas, all of which will be used for low-income housing. <br />Section 2. <br />The land and units described in Section 1 above are declared exempt from local ad <br />valorem property taxation commencing July 1, 2019, and continuing for a continuous period of 20-years <br />unless earlier terminated in accordance with the provisions of Section 2.940 of the Eugene Code, 1971, <br />which provides for termination after an opportunity to be heard if: <br />2.1Construction or development of the exempt property differs from the construction or <br />development described in the application for exemption, or was not completed by January 1, 2020, <br />and no extensions or exceptions were granted; or <br />2.2The applicant fails to comply with provisions of ORS 307.515 to 307.523, provisions of <br />the Eugene Code, 1971, the Standards and Guidelines adopted by Council Resolution No. 5028, <br />or any conditions imposed in this Resolution. <br />The tax exemption shall be terminated immediately, without right of notice or appeal, pursuant to the <br />provisions of ORS 307.531 in the event that the county assessor determines that a change of use to other <br />than that allowed has occurred for the housing unit, or portion thereof, or, if after the date of this approval, <br />a declaration as defined in ORS 100.005 is presented to the county assessor or tax collector for approval <br />under ORS 100.110. <br />Section 3. <br />The City Manager, or the Manager's designee, is requested to forward a copy of this <br />Resolution to the applicant within 10 days from the date of adoption of this Resolution, and to cause a <br />copy of this Resolution to be filed with the Lane County Assessor on or before April 1, 2019.The copy <br />of the Resolution sent to the applicant shall be accompanied by a notice explaining the grounds for possible <br />termination of the exemption prior to the end of the exemption period and the effects of the termination. <br />Section 4. <br />This Resolution shall become effective immediately upon its adoption. <br />The foregoing Resolution adopted the _____day of May, 2018. <br /> _____________________________________ <br /> City Recorder <br />- ¸ ΐΓǾ ΑΏΐΗǾ -¤¤³¨­¦ ȟ )³¤¬ Α$ <br /> <br />