|
RESOLUTION NO. 5315
<br />A RESOLUTION APPROVING A LOW-INCOME RENTAL HOUSING
<br />PROPERTY TAX EXEMPTION FOR PROPERTY LOCATED ON HOPE
<br />LOOP, EUGENE, OREGON (ASSESSOR’S MAP 17-04-27-24, TAX LOTS
<br />02201, 02211, 02214, 02215, AND 02218; ASSESSOR’S PROPERTY
<br />ACCOUNT NOS. 1511623, 1511599, 1511631, 1511458, AND 1511482)
<br />(APPLICANT ST. VINCENT DE PAUL SOCIETY OF LANE COUNTY,
<br />INC.)
<br />
<br />
<br /> The City Council of the City of Eugene finds that:
<br />
<br />A. St. Vincent de Paul Society of Lane County, Inc. is the owner of real property
<br />located on Hope Loop, Eugene, Oregon, 97402 (Assessor’s Map 17-04-27-24, Tax Lots 02201,
<br />02211, 02214, 02215, and 02218; Assessor’s Property Account Nos. 1511623, 1511599, 1511631,
<br />1511458, 1511482), more particularly described in Exhibit A attached to this Resolution (the
<br />Property).
<br />
<br />B. St. Vincent de Paul Society of Lane County, Inc. (2890 Chad Drive, Eugene,
<br />Oregon, 97408) (the applicant) has submitted an application for a low-income housing exemption
<br />from ad valorem taxes levied on the Property beginning July 1, 2021,under the City's Low-Income
<br />Rental Housing Property Tax Exemption Program (EC 2.937 to 2.940).
<br />
<br />C. The Property includes five duplexes for a total of ten three-bedroom units, two of
<br />which are designated to serve transitional housing families. The applicant is seeking an exemption
<br />for the entire Property.
<br />D. The Community Development Manager of the Planning and Development
<br />Department, as designee of the City Manager, has prepared a Report and Recommendation
<br />recommending that the application be approved and the exemption granted. In making that
<br />recommendation, the Community Development Manager found that the applicant submitted all
<br />materials, documents and fees required by Section 2.938 of the Eugene Code, 1971 (EC), and is
<br />in compliance with the policies set forth in Section 5 of the Standards and Guidelines adopted by
<br />Resolution No. 5297. In addition, the Community Development Manager found that the applicant
<br />has complied with the criteria for approval provided in EC 2.939(3), and the eligibility
<br />requirements at Section 2.10 ofthe Standards and Guidelines adopted by Resolution No. 5297.
<br />NOW, THEREFORE,
<br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF EUGENE, a
<br />Municipal Corporation of the State of Oregon, as follows:
<br />Section 1. Based upon the above findings, the City Council approves the application of
<br />St. Vincent de Paul Society of Lane County, Inc. for an ad valorem property tax exemption under
<br />Resolution - Page 1 of 2
<br />
<br />
<br />
|