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Attachment B <br />REPORT' AND RECOMMENDATION - <br />of the - <br />Executive Director of the Planning & Development Department <br />Midtown Terrace EEC Application for <br />Multiple -Unit Property Tax Exemption <br />The Director of the Planning & Development Department of the City of Eugene finds tha t: <br />p � ene f <br />g <br />11 Midtown Terrace, LLC is the owner of real property located at 362 East 12th Avenue, <br />Eugene, Oregon., and more particularly described in Attachment A to this Report and Recommendation. <br />Midtown Terrace, LLC has - submitted an application pursuant to the City's Multiple -Unit Rental <br />Housing Property Tax Exemption Program (Section 2.945 and 2.947 of the Eugene Code, 1971 ) with <br />respect to the residential ur*ts to be constructed on the real property. <br />2. As the City Manager's designee, I have reviewed the application and find that: ' <br />2.1 The project will provide 24 units of multiple -unit housing. <br />2.2 Construction is expected to be complete on or before January 1, 2012. <br />2.3 The project is located in the core area described in subsection (2) of Section 2.945. <br />of the Eugene Code, 1971. <br />2.4 The applicant has submitted all materials, documents and fees. re aired b the <br />q y <br />City as set forth in Section 2.945. of the Eugene Codes 1971, and the Standards _ <br />and Guidelines for Multiple - Unit Housing Property Tax Exemptions adopted b <br />Adrnimstrative Order No. 53- 09 -o1 -P. <br />2.5. The applicant responded to the public benefit criteria as follows: <br />2.5.1 Public Benefits <br />. <br />*Dens i The project will include nineteen. units in excess of the <br />minimum required density. <br />* . Green Building Features Applicant plans to attain Earth Advantage <br />Silver Certification. ' EWEB has. advised that "If all the agreed upon <br />on ' P <br />requirements and specifications are completed and pass site inspections, <br />the project will be certified as Earth Advantage." (Applicant must submit <br />to . the City's Planning and Development Department documentation of <br />Earth Advantage Silver certification no later than 18 months after . <br />receiving Certificate of Occupancy.). <br />* Mixed Income None of the housing units will be dedicated to controlled <br />income and affordable rental housing.- <br />. - * Homeownershiu . None of the housing units will .,be dedicated to <br />homeownership. <br />* . The project will include one unit that is AIWA accessible. <br />. <br />s <br />1 <br />I <br />4 <br />r <br />