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Resolution No. 5297
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2020 No. 5286-5314
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Resolution No. 5297
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Resolutions
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5/26/2020
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the City Manager, an application for exemption, containing the following information: <br />3.1 A description of the property or portion thereof, for which the <br />exemption is requested; <br />3.2 A description of the purpose of the project and whether all or a <br />portion of the property will be used for that purpose; <br />3.3 A certification of the income levels of low-income occupants; <br />3.4 A description of how the tax exemption will benefit project <br />occupants; <br />3.5 Evidence that, if unoccupied, the property is offered for rental solely <br />as a residence for low-income persons, or is held for the purpose of developing low <br />income rental housing; <br />3.6 Evidence that, if occupied, the property is occupied solely as a <br />residence for low-income persons; <br />3.7 If the application is for an exemption described in subsection 2.10, <br />evidence that the property is owned or being purchased by a nonprofit corporation <br />organized in a manner that which meets the criteria for a public benefit corporation <br />as described in ORS 65.001(38), or a religious corporation, as described in ORS <br />65.001(40); and evidence that the nonprofit corporation expends no more than ten <br />percent of its annual income from residential rentals for purposes other than <br />acquisition, maintenance or repair of residential rental property for low-income <br />persons, or for the provision of on -site child care services for the residents of the <br />rental property; <br />3.8 A description of the plans for development of the property if the <br />property is being held for the future development of low-income rental housing; <br />and <br />3.9 Any other information required by the City Manager. <br />The application shall be verified by oath or affirmation of the applicant and submitted with <br />an application and processing fee to be set by the City Manager pursuant to Section 2.020 of the <br />Eugene Code, 1971, which shall include therein the fee to be paid to the County Assessor by the <br />City as the County's agreed processing fee for those applications receiving Council approval. The <br />amount of the basic fee shall be prominently displayed on the application, together with a statement <br />that the applicant may be required to pay other reasonable costs, including appraisal costs, if any <br />are incurred by the City or the County in processing the application. Any additional costs shall be <br />paid to the City by the applicant prior to the granting of any final approval. In the event an <br />application is denied, the portion of the fee reserved for the County Assessor will be refunded to <br />the applicant by the City. An application which does not contain all the required information and <br />Exhibit A to Resolution No. 5297 <br />Standards and Guidelines - Page 3 of 5 <br />
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