Laserfiche WebLink
ATTACHMENT C (EXHIBIT B OF THE RESOLUTION) <br /> <br /> REPORT AND RECOMMENDATION <br />of the <br />Executive Director of the Planning & Development Department <br /> <br />The Pearl on Campus LLC Application for <br />Multiple-Unit Property Tax Exemption <br /> <br /> The Executive Director of the Planning & Development Department of the City of <br />Eugene finds that: <br /> <br />th <br /> 1. <br /> The Pearl on Campus LLC is the owner of real property located at 693 East 16 <br />Avenue and 1584 and 1586 Hilyard Street, Eugene, Oregon, more particularly described in the <br />legal description attached as Exhibit A to the Resolution approving this tax exemption (“the <br />property”). Pearl on Campus LLC has submitted an application pursuant to the City’s Multiple- <br />Unit Property Tax Exemption Program (Sections 2.945 and 2.947 of the Eugene Code, 1971), <br />with respect to residential units identified as The Pearl on Campus (“the project”) to be <br />constructed on the property. <br /> <br />2. <br /> I have reviewed the application and specifically find that the project to be <br />constructed will result in an eligible structure for the property tax exemption as defined in the <br />Standards and Guidelines, will be located within the downtown core area, the construction will <br />be completed on or before January 1, 2012, and: <br /> <br /> 2.1 The applicant has submitted all materials, documents and fees required by <br />the City; <br /> <br /> 2.2 Design elements that benefit the general public have been included in the <br />project, which consist of: <br /> <br /> 2.2.1 Sustainability features. <br />•The project is within walking or biking distance of a wide range of <br />shopping opportunities and other services and is ideally located for foot or bike <br />commuting to the U of O, PeaceHealth, Northwest Christian College and the <br />proposed OHSU medical training center. <br />The project will include: <br />•High efficiency, low emissivity coated windows in vinyl frames which <br />provide for minimum heat transfer and which require no recurrent painting; <br />•Traditional attic roof construction for gravity ventilation of heat build-up <br />and traditional extended roof eaves for shade; <br />•Glazing area designed to provide excellent day lighting, south and west <br />windows for solar insulation in winter months, and highly efficient insulation and <br />weatherization; <br /> <br />Report and Recommendation / Exhibit B to Resolution No. _____ -- Page 1 of 3 <br />