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(d) Encourage the development of multiple-unit housing, with or <br />without parking, on sites with existing single-story commercial <br />structures; <br />(e) Encourage the development of multiple-unit housing, with or <br />without parking, on existing surface parking lots; and <br />(f) Preserve existing publicly assisted housing that is affordable to low <br />income persons by providing the incentives authorized in ORS <br />307.[690]600 to 307.[691]637 to existing multiple-unit housing that <br />is subject to a low income housing assistance contract with an <br />agency or subdivision of this state or the United States. <br />(2) <br />In order to provide the incentives described in subsection (1) of this <br />section, the provisions of ORS 307.600 to 307.[691]637 are hereby <br />adopted as the city’s multiple-unit housing property tax exemption <br />program for the [city’s] following [core and transit oriented] areas. <br />(a) The city’s core area shall include the area generally bounded on <br />stth <br />the north by 1 Avenue, then south on Lawrence Street to 7 <br />th <br />Avenue, then east to Lincoln Street, then south to 13 Avenue, but <br />including a quarter-block section on the northwest corner of Lincoln <br />thth <br />Street and 11 Avenue, then east to Olive Street, then south to 17 <br />Avenue, then east to Kincaid Street, then north to the Willamette <br />th <br />River and along the Willamette River to 4 Avenue, then west to <br />rd <br />Pearl Street, then north to 3 Avenue, then west to Lincoln Street, <br />st <br />then north to 1 Avenue, excepting therefrom Tax Lots 17-03-30- <br />43-0010 and 17-03-30-44-04700, [by Lincoln Street on the west, <br />3rd Avenue to the Willamette River on the north, Hilyard Street <br />on the East, and on the south and east by a line that runs <br />along 11th Avenue from Hilyard Street to High Street, High <br />Street from 11th Avenue to the east-west alley between 13th <br />and 14th Avenues, and the east-west alley between 13th and <br />14th Avenues from High Street to Lincoln Street,] as more <br />particularly [described in the standards and guidelines adopted by <br />the city manager in the manner prescribed in section 2.019 of this <br />code] depicted on Map 2.945(2)(a) attached to Ordinance <br />______ and appended to chapter 2 of this code. <br />Comment: <br />[An alternate boundary description was added for the public hearing to <br />describe the boundaries of the core area if those boundaries were reduced to the <br />Downtown Plan Area. Based on Council direction at the work session, the new language <br />has been removed to maintain the current core area boundaries.] <br />(b) The city’s transit oriented area shall include the area generally <br />th <br />bounded by a line that begins at the NW corner of the 5 <br />th <br />Avenue Alley and Lincoln Street, then west on 5 Avenue Alley <br />(including tax lots 17-04-36-12-06300, 17-04-36-12-06400, 17-04- <br />36-12-07900 in the area the alley does not go through) to <br />Chambers Street, then north on Chambers Street to Roosevelt <br />Boulevard, then west on Roosevelt Boulevard to Bethel Drive, <br />then north and northwest on Bethel Drive to its intersection <br />Ordinance - Page 2 of 8 Marked with Post-Work Session Amds. <br /> <br />