Ordinance No. 18866 - Laserfiche WebLink

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X8866 conversion. 'the estimated s.upp~.y shall be th.e annual average. of issued building per~.i.t~5 for mu~.t,i~u~,t and duplex .housing units for the preee.d~n~ thee: ~ale~dar years . The expected demand shall be. th.e average annual population increase minus new population due to anr~exat%on already housed and minus any new population housed in group quarters. Such demand figure shall be divided by the average household size to de~- termine the additional housing units needed. The additional needed housing unit figure shall be multiplied by the estimated percentage o~ occupants who rent to determine the number of needed rental units. This nu~ber of needed rental units shall be subtracted from the suppl~y~figure to determine the current year's units alloyed to~be converted, The total units allowed to convert in the current calendar year shall be equal to the current year`s units divided by the percent of units expected to be occupied by former homeowners plus any carryover in units allowed to be converted in prior years. The carryover shall be a carry forward for up to three years of any unused allocation of allowable condominium conversions under this formula. No carryover shall be allowed for any year preceding June 16, 19Sfl. The surplus to be carried over from one year to the next shall be equal to the units allowed to convert for that year minus the actual number of units for which a final condominium permit is issued during that year. ~2~ The average annual population growth, average annual growth due to annexation, average annual growth in group quarters population, percentage of households which are renters, and per- centage of converted units expected to be occupied by former owners shall be set by administrative rules issued hereunder. Section 2. Section 2.1994 of the Eugene bode, 1971, is hereby amended by adding new subsections ~.5~ and ~.6~ thereto, to provide: 2.1994 Penalties - Specific. ....~~ -. ~ 5 ~_ A violation punishable under section 2 . l4 7 S ~3 } ~,a~ is punishable by a fine not to exceed $504 for each unit with respect to which the violation has occurred. Each day during which any unit has been advertised ar offered or sold and such advertisement or offer or sale has not been withdrawn shall constitute a separate offense. The city attorneys office may apply to any court of competent jurisdiction to enjoin a con- version without a permit found to exist by the, city. ~_6 }. A violation punishable under section 2.14 7 S ~.3 7 ~b ~ is punishable by a fine not tv exceed $5Q4 for each day of con- tinuing violation. Section 3. The provisions contained herein concern the public welfare and safety, represent currently effective policies of the ordinance - 25