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ORDINANCE NO. .19604 <br />AN ORDINANCE CONCERNING THE CITY'S LIMITED ASSESSMENT <br />PROGRAM AND MULTIPLE UNIT RENTAL HOUSING PROGRAM; AMENDING <br />SECTIONS 2.945 2.947 OF THE EUGENE CODE, 1971; AND <br />REPEALING SECTION 2.940 OF THAT CODE. <br />The City Council of the City of Eugene finds that multiple-unit rental <br />housing would not be built near or in the downtown care area of the City <br />without the incentive of a property tax exemption. This finding is based <br />on the staff report, the City's experience with the property tax exemption <br />program in the past, and the testimony at the February 13, 1959 hearing. <br />THE CITY OF EUGENE DOES ORDAIN AS FOLLOWS; <br />Section 1. Section 2.940 of the Eugene Code, 1971, is repealed. <br />Section 2. Sections 2.945 and 2.947 of the Eugene Code, 1971, are <br />amended to provide: <br />2.945 Multi le-Unit Rental Housin -Pro ert Tax Exem tion. <br />~1} Based upon the findings contained in Resolution No. 2711 <br />adapted by the council on July 11, 1917, and the provisions of Resolution <br />No. 4109 adopted by the council on February 13, 1959, the provisions of ORS <br />307.600 to 307.690 are hereby readopted as the city's multiple-unit rental <br />housing property tax exemption program within the area generally bounded by <br />the Willamette River and Skinner's Butte Park on the north, Jefferson Street <br />on the west, 13th to 19th Avenues on the South, and on the east by Hilyard <br />Street between Broadway and 11th Avenue and Patterson Street between 11th and <br />and 13th Avenues and High Street between 13th and 19th Avenues, more or less, <br />all of which is more particularly described in Attachment 1 to Exhibit "A" <br />to Resolution No. 4109 referred to above. <br />~ 2 } Applications for property tax exemption hereunder shall be <br />f i 1 ed with the city manager and processed i n accordance with the amended <br />and restated standards and guidelines attached as Exhibit "A" to Resolution <br />No. 4109. As used in sections 2.945 and 2.941 of this code and the amended <br />and restated standards and guidelines referred to above, "city manager" inw <br />cludes the manager's designee. <br />.~3} Upon receipt of the city manager's written recommendation, <br />the caunc~l shall consider the application at its next scheduled meeting. <br />If the council fails to act on an application which has been timely referred <br />to it as provided in the guidelines, within 150 days from the date it was <br />filed, the application shall be deemed approved and processed thereafter in <br />Ordinance - 1 <br />