Ordinance No. 19053 - Laserfiche WebLink

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ORDINANCE NO. ~Q~~ AN ORDINANCE APPRavING THE EUGENE COMMUNITY INVESTMENT COMPANY APPLICATIaN FoR MULTIPLE-- UNIT PRpPERTY TAx ExEMPTZQN. The City Council of the City of Eugene finds that: The Eugene Community Investment Company is the owner of real property located at 1001 Washington Street, Eugene, Oregon, and more particularly described as: Tax Lots 9100 and 9500, Assessor's Map 17-43-31-24 and has submitted an application to the Department of Housing and Community Conservation HCC} pursuant to the City `~ s ~~ultiple-Unit Rental Housing Property Tax Exemption Program Sections 2.945 and x.947 of the Eugene Code, 1971} with respect to the improvements to be constructed thereon. eThe application has been reviewed and approved by the Joint housing Committee, the effected neighborhood organization, and appropriate City departments. HCC has reviewed the application and supportive material, and in accordance with the Amended and Restated Standards and Guidelines for Processing Applications for Multiple-Unit Rental Housing Local Property Tax Exemption adapted by Resolution No. 353 on May 27, 1951, has adopted findings and recommended to the Council that the application be approved, sub- ject to certain conditions more specifically set forth herein. The project is an eligible structure as defined in the Stand- ards and Guidelines; is a rental project far the elderly, at rental rates accessible to a broad range of the general public; is located within the project area; and the applicant has agreed to include within the project design elements of benefit to the general public extending beyond the period of exemption, as set forth below. The project is in conformance with all applicable local plans and planning regulations, and the applicant has submitted all materials, documents and fees required by the City and has complied with all the provisions of the City's Standards and Guidelines. Now, therefore, based upon the findings set forth above, and the findings of HCC, which are incorporated herein by reference and adopted by the Council as additional findings, THE CITY of EUGENE DOES ORDAIN AS F4LLQWS: Section 1. The application of Eugene Comr~unity Investment Company for a property tax exemption under the City's Multiple-Unit Ordinance - 1