Item 2E: Approval of MUPTE for Midtown Terrace

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ECC UGENE ITY OUNCIL AIS GENDA TEM UMMARY Adoption of Resolution 4978 Approving a Multiple-Unit Property Tax th Exemption for Residential Property Located at 362 East 12 Avenue, Eugene, Oregon (Midtown Terrace LLC, Applicant) Meeting Date: May 26, 2009 Agenda Item Number: 2E Department: Planning and Development Staff Contact: Richie Weinman www.eugene-or.gov Contact Telephone Number: 682-5533 ISSUE STATEMENT The City Council is asked to approve or deny a resolution granting a Multiple-Unit Property Tax th Exemption (MUPTE) for Midtown Terrace at 362 East 12 Avenue. BACKGROUND In 1975, the Oregon legislature adopted the enabling statutes for the MUPTE and Transit Oriented District Tax Exemption program. This incentive was created as an implementation tool to complement the state land-use laws that were approved in 1973. The intent was to “stimulate the construction of rental housing in the core areas of Oregon’s urban centers…” In July 1977, the council adopted the provisions through a resolution that included “. . . to complement the Eugene Community Goals and Polices adopted in 1974 which stated that “High density dwellings should be encouraged close-in to accommodate those people who prefer to live near the center of activity”…” Since that time both the state statutes and Eugene’s implementation ordinance has been amended. For instance, condominiums are now allowed in addition to rental housing. The council amended Eugene’s regulations and boundary in November 2008. The amendments included an objective evaluation system to aid decision- making. th This proposed 24-unit project would be built at 362 East 12 Avenue which is zoned R-4, high-density residential. There are currently two structures on the .26 acre site. One is a single-story office building that was originally constructed for a medical office. The other is a one bedroom rental house in the rear that is likely a converted garage. There are no significant historic (over 50 years of age) buildings on this parcel. Both buildings will be either demolished or moved. The new development includes seven one- bedroom units, four two-bedroom units and thirteen three-bedroom units. There are 26 parking spaces, including 21 spaces which are covered and secured. Public Comments A display advertisement was published in the Register-Guard on March 30, 2009, soliciting comments for 30 days. No comments were received during the 30-day period ending April 30. The applicant met with the West University Neighbors and received an endorsement. A letter of support is included in Attachment E. Public Benefits The City Council adopted a scoring system to assess public benefit. One hundred points was accepted as a Z:\CMO\2009 Council Agendas\M090526\S0905262E.doc