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granted ceases to be utilized for housing for low-income persons or <br />is sold or transferred for use other than housing for low-income <br />persons within five years from the date the certificate of exemption is <br />recorded, the person to whom the exemption was granted shall be <br />required to pay to the city the amount of the exempted systems <br />development charges, plus interest at the statutory rate for interest on <br />a judgment from the date the certifcate was recorded. <br />~5} Upon issuance of the certificate of occupancy, the city <br />shall record the certificate of exemption documenting the date and <br />amount of the exemption with the Lane County Recorder's office. <br />~6} A transfer from an owner to whom an exemption was <br />granted to the initial lessee under a lease to purchase agreement <br />shall not be deemed a transfer of ownership for purposes of this <br />subsection. <br />~7} The exemption authorized herein does not include an <br />exemption from the regional wastewater systems development <br />charge. <br />~8} For purposes of this subsection ~c}, "low-income <br />persons" means: <br />1, With regard to rental housing, persons with an <br />income at or below 60 percent of the area median income as <br />determined by the State Housing Council based on information <br />from the United States Department of Housing and Urban <br />Development; and <br />2. With regard to home ownership housing and <br />lease to purchase home ownership housing, persons with an <br />income at or below 80 percent of the area median income as <br />determined bythe State Housing Council based on information <br />from the United States Department of Housing and Urban <br />Development. <br />Section 2. Notwithstanding the provisions of Section 7.7105}requiring the adoption <br />and or amendment of the Systems Development Charges Methodology by administrative <br />orderof the City Manager, Section 2.1 of the Systems Development Charges Methodology <br />is amended as set forth in Exhibit A, attached hereto and incorporated by reference. <br />Subsequent amendments thereto shall be effected in conformity with Section 1.110 of the <br />Eugene Code, 1971. <br />Ordinance - 2 <br />