Agenda Packet 11-13-18 Meeting - AMENDED

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November 13, 2018, Meeting – Item 3F EUGENE CITY COUNCIL AGENDA ITEM SUMMARY Adoption of a Resolution Amending Resolution No. 5218 Concerning a Low-Income Rental Housing Property Tax Exemption Renewal for Property Located on Ross Lane and on Helen Street, Eugene, Oregon. (Applicant St. Vincent de Paul Society of Lane County, Inc.) Meeting Date: November 13, 2018 Agenda Item Number: 3F Department: Planning and Development Staff Contact: Ellen Meyi-Galloway www.eugene-or.gov Contact Telephone Number: 541-682-5532 ISSUE STATEMENT City Council approved a 20-year Low-Income Rental Housing Property Tax Exemption renewal for Ross Lane Apartments in January 2018 by Resolution 5218. Lane County Tax Assessor’s Office noted that there were errors in the addresses in the Resolution and the Rent Regulatory Agreement between the City and the owners, St. Vincent de Paul Society of Lane County, Inc. City Council is asked to amend Resolution No. 5218 to clarify that the LIRHPTE applies to the intended subject property. BACKGROUND The City adopted the low-income rental housing property tax exemption program in 1990. Eugene has approved tax exemptions for 30 affordable housing developments with over 1,200 units since adoption. Council unanimously approved extending the 20-year LIRHPTE program for an additional 10 years in 2011. The approved ordinance also enables recipients to reapply for the 20-year LIRHPTE after the initial 20-year period has expired. Council reviews each tax exemption request on a case-by-case basis. Summary of Requested Resolution City Council approved a LIRHPTE renewal for Ross Lane Apartments on January 22, 2018, by Resolution 5218. Ross Lane Apartments is a 36-unit apartment complex located in the Santa Clara neighborhood (map in Attachment B). Since 1998, the apartments have been rented to low-income households earning at or below 50 percent of area median income, at affordable rents. The Lane County Tax Assessor’s Office noted that although the LIRHPTE was for Map No. 17-04-12-34 Tax Lot 600, the addresses in the Resolution and Rent Regulatory Agreement had three errors. The Tax Assessor’s office requested three corrections be confirmed by the City: 1) remove 2648 Ross Lane, which is used as a Head Start child care center and exempt from taxes under a different program; 2) add 2638 Ross Lane, which was inadvertently omitted from Resolution 5218; and 3) add 554 Helen Street, which was inadvertently omitted from the Rent Regulatory Agreement. The proposed Resolution (Attachment A) amends Resolution No 5218 to provide the correct addresses. Lane County will not process the LIRHPTE without these corrections.