Resolution No. 5278 - Laserfiche WebLink

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REPORT ) RECOMMENDATION The Executive Director of the Planning & Development Department of the City of Eugene Finds that: Eugene,1. The Ferry St. Manor rtments will be developed on real property located at 1040 and 1050 Ferry St., y -g-• • .•, 13-32-23, tax lots 09411 and 1.1 RNS residentialManagement, LLC is the current owner of the subject property. RNS Management, LLC submitted an application pursuant to the City's Multiple -Unit Property Tax Exemption ("MUPTE") Program (Sections 2.945 and 2.947 of the Eugene Code, 1971), with respect to r•- constructed on -• op 2. As the City Manager's designee, I have reviewed the application and find that: 2.1 The project will provide 35 studio units and 15 one -bedroom units, for a total of 50 residential units, none of which will be used for transient use or vacation occupancy. There is no commercial space in the building. 2.2 The project is not designed to be student housing, meaning it will be leased by the unit (rather than by individual rooms or beds) and the unit configuration does not include several bedrooms with individual bathrooms and sparse common space or include amenities and location selected primarily for individuals attending college and offer limited viability as potential housing for the general population. Additionally, the project does not designate any of the units for transient use or vacation occupancy. 2.3 Construction is expected to be complete on or before January 1, 2022. 2.4 The project is located in the downtown area described in subsection (1) of Section 2.946 of the Eugene Code, 1971. 2.5 The applicant submitted all materials, documents and fees required by the City as set forth in Section 2.945 of the Eugene Code, 1971, and the administrative rules adopted by Administrative Order No. 53-18-03-F. 2.6 The applicant responded to the Required Public Benefit criteria as follows: 2.6.1 Compact Urban Development. The project will be built in the R-4 High Density Residential zone, which requires at least 20 housing units per acre and a maximum of 112 units per acre. Ferry St. Manor includes 50 dwelling units that would result in a density of 103 units per acre which is more than 175% of minimum density as required by section 1.1.1.1 of Rule R -2.945-C. 2.6.2 Green Building Features. The project will utilize the City of Eugene Building and Permit Services Pathway in order to meet the MUPTE green building requirement and exceed the 10% energy efficiency threshold. Ferry St. Manor Report and Recommendation -- Page 1 of 4