Resolution No. 4966 - Laserfiche WebLink

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Exhibit B: • • REPORT. AND RECOM#ENDA' ION ' of the - • Executive Ditector of the PI g & Development Department . • ' W&G Development Co, Application for ' • , ' . . Multiple -Unit Property Tai Ege; mpdon ' f • The Exe&fft a Diftetor of the Planning & Development Departlu" t of 'the City of • Eugene finds that. ' • ' 'The. Eugene Urban Renewal Agency is the owner of real• property located at le ,Avenue and Ommetton Street, Eugenlq, Pregon, more %gartiaAl 4y described gin. the leggy de scriptiot: attached as Exhibit A C "the The Eugene 'Urban Renewal • Agency and f W&G D opment Co. are parties to a pending purchase' and• .sale aS ft! rent thrdugh which. w &O Development Co. will a cgw a ownership of the property. Jhe is expeeted to close • ' • not later thaii 2009, W&G Development. Co. has, submitted an application pmv=t to the City's, Multiple. Unit Prope" -Tax Exemption Program (Sections 2.445 and 2.347 of the • , Eugene Csvde, ' 1971), with respect to • residentW units ideati ed , a's 10 Charnelton'' Gibe . ,proje ) to.be constructed on the property. . ' • . I have reviewed the 'application and. spedficafiy. -fend t t the • project to be constructed will result in an - ehgi•ble* , s#rn� four the property tai exemption as def �.ned is the • • Standards. and{ Guidelines, will be located within the downtown ears area, the construction will ' • be completed on 'or before January 1, 2012, the project will provide muldple~utt-housing of five or more units and: Y 2.1 The applicant .has .submitted all mateiials, documents and fees required by ' the City.= - ; 2.� . 'I Design a ermmen#s that benefit t the general public have b inched in the ' . project, which consist cf.- 2.2.1 &gAj&IhiIitv feLtzq . • - 'I've proposed project consists of a dense, multi - story development that, • complies. with readership M'* Energy & 'Envimnmental Design (LEEb) and. ,Green . Building. Cor=uni Standards. The WIdingis in'the initial stages of design and . details on" stonuwater management teohniques, water efficiency,. energy -systems, . '. . building materials and ' other pertinent infonnation is not availebly at this •time: • ' The DEED checklist indicates W&G Development Co.'s intention to seek possible credits for sustainable siting, water efficiency, enerrgy and atmosphete, ' . ., •' materials and resources, and indoor environmental quality, 1 t . 2 .2 �onLiveness to . ad' CI t 'stark strn There are no • adjacent historic structures. 1PORT 'AIf3 ECOMMENDA Exhiblit B to Resolution 1`a. 4 9 6 6 Page.1f 3 • .