Ordinance No. 20246 - Laserfiche WebLink

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ORDINANCE NO. 20246 AN ORDINANCE CONCERNING PROPERTY TAX EXEMPTIONS FOR MULTIPLE-UNIT HOUSING; AMENDING SECTIONS 2.945 AND 2.947 OF THE EUGENE CODE, ]1971; AND ~PEALING ORDINANCE NO. 20045. THE CITY OF EUGENE DOES ORDAIN AS FOLLOWS: section 11 Ordinance No. 20045 is hereby repealed as of the effective date of this Ordinance. Sections 2.945 and 2.947of the Eugene Code, 1971, are amended to provide: 2.945 __M[!!fiple-Unit Housing - Properly Tax Exemption. (1) The provisions of ORS 307.600 to 307.691 enable cities to grant local Property tax exemptions fk>r multiple-unit housing located in core areas designated by the city. This incentive supports the concept of a compact urban growth form, and there is a need and demand ibr better housing at rental rates or sale prices accessible to a broad range of the general public in 'the downtow~ area which is not likely to be produced without this incentive. This incentive is intended to: (a) Stimulate the construction of transit supportive multiple-unit housing in the city's core areas to improve the balance between the residential and commercial nature of those areas, and to ensure fhll-time use of the areas as places where citizens of the community have an opportunity to live as well as work; (b) Encourage the development of vacant or under utilized sites in core areas, rather than sites where sound or rehabilitable multiple-unit housing exists; (c) Encourage the development of multiple-unit housing, with or without Parking, in structures that may include groined level commercial space; (d) Encourage the development of multiple-unit housing, with or without parking, on sites with existing single-story commercial structures; (e) Encourage the development of multiple-unit housing, with or without parking, on existing surface parking lots; and (f) Preserve existing publicly assisted housing that is affbrdable to low income persons by providing the incentives authorized in ORS 307.690 to 307.691 to existing multiple-unit housing that is subject to a low income housing assistance contract with an agency or subdivision of this state or the United States. (2) In order to provide the incentives described in subsection (1) of this section, the provisions of ORS 307.600 to 307.691 are hereby adopted as the city's multiple-trait housing property tax exemption program for the city's core area. The city's core area shall include the area generally bounded on the west by Lincoln Street, on the south by 13th Avenue, on the east by High Street, and on the north by the Union Pacific Railroad tracks, as more particularly described in the standards and guidelines adopted by the city manager in the manner prescribed in section 2.019 of Ordinance