Item 2C: Approval of MUPTE for 16th and Hilyard Properties

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ATTACHMENT B REPORT AND RECOMMENDATION of the Director of the Planning & Development Department Corey Development, LLC. Multiple-Unit Property Tax Exemption The Director of the Planning & Development Department of the City of Eugene finds that: 1. Our Property Holdings Two, LLC. is the owner of real property located at 693 East 16th Avenue, Eugene, Oregon, 97401, and more particularly described in Exhibit A attached to the Resolution approving this tax exemption. Corey Development, LLC. has submitted an application pursuant to the City’s Multiple-Unit Rental Housing Property Tax Exemption Program (Section 2.945 and 2.947 of the Eugene Code, 1971) with respect to the residential units to be constructed on the real property. 2. I have reviewed the application and specifically find that the project to be constructed will result in an eligible structure for the property tax exemption as defined in the Standards and Guidelines; will be located within the downtown core area; the construction will be completed on or before January 1, 2012, and: 2.1 The applicant has submitted all materials, documents and fees required by the City; 2.2 Design elements that benefit the general public have been included in the project. The design elements consist of: 2.2.1 Sustainability features. Sustainability features of this project include: Advanced framing techniques, raised heel energy trusses, continuous wall and roof insulation, an advanced air sealing package and ENERGY STAR appliances. Motion sensors on outdoor lights and on-demand hot water heaters or electric hot ? water heaters with a minimum energy factor of .92 for a 50-gallon heater. Reliance on natural lighting – every room will include at least one window. ? Landscaping features that use native species and drought tolerant plants which ? will reduce the need for fertilizers, herbicides, pesticides, and irrigation. Waste building materials will be recycled when possible. ? 2.2.2 Responsiveness to adjacent historic structures. There are no adjacent historic structures. The proposed structure will be built in the Craftsman style, reminiscent of the historic homes built in Eugene in the early 1900s. 2.2.3 Use of higher quality materials that contribute to longevity. Materials to be used in the proposed development, which will contribute to longevity, include 30-year roof shingles, high quality acrylic paints, long term siding, vinyl double paned windows, low- L:\CMO\2007 Council Agendas\M070625\S0706252C.DOC