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<br />from other subdivisions and apartments. The un~,que status of
<br />such projects tends to magnify the effects associated with higher
<br />urban densities to a point where they may lead to conditions. of
<br />mismanagement, neglect, and blight and adversely affect the public
<br />health, safety., welfare, and economic prosperity of the City of
<br />Eugene. Such projects nay canf list with the policies of the City
<br />of Eugene to provide a reasonable balance of rental and ownership
<br />housing within the City and within the City's neighborhoods,
<br />to provide a variety of individual choice of tenure, type, price
<br />and location of housing, and to insure an~adequate supply of rental
<br />housing for low ~,nd moderate income persons and families. To insure
<br />that the problems are avoided in both the short and long term, while
<br />maximizing the benefits of such projects, it is the express intent
<br />of the City of Eugene to treat such projects differently from the
<br />multi-family dwellings and other structures which are not candamin--
<br />ium conversions or cooperative ownership housing projects in the
<br />City of Eugene. This Qxdinance is intended to insure that residen-
<br />tial condominium conversions and stock cooperative conversions are
<br />approved consistently with policies and objectives of the City of
<br />Eugene, particularly the following: the 19?~ Eugene Community
<br />Goals and Policies, which sets as a policy to "endeavor tQ provide
<br />a maximum choice of housing for all citizens"; ands the 1990 Plan,
<br />which sets as objecti~res to "provide a range and choice of housing
<br />types and densities", "'encourage a variety of residential develop-
<br />ment types fox all income and age groups where consistent with de~
<br />signated density and character vf~the area", and "increase the
<br />supply of reasonably located, sound housing for law to moderate
<br />income people, students, and minority groins."
<br />On the basis of the abo~'e findings , the staf f reports , and
<br />written and oral testimony, the City Council of the City of Eugene
<br />concludes that:
<br />1. Because of an increasing rate o~f condominium conversions
<br />within the City and the liklihovd of a great number of such conver-
<br />sions ar cooperative conversions in the~near future, all of which
<br />will result in a decreased supply of rental housing, the fgrced
<br />displacement of a substantial number of tenants, a short-term and
<br />possible long-term increase in~rents, with a disproportionate im-
<br />pact on the elderly, the handicapped, and low~inc4me persons, the
<br />City of Eugene is confronted with an emergency regarding its
<br />supply of housing, particularly housing for elderly persons, the
<br />handicapped, and persons of low income. ~~ithout local regulation
<br />of the conversion process, the rental housing supply in this area
<br />will not meet projected future demands.
<br />2. Citizen in~'olvement has occurred in the adoption of this
<br />Ordinance through the apportun%ty to testify before the City
<br />Council in the adoption of this Ordinance and Ordinance No. 18535
<br />and public participation before the Condominium Conversion Task
<br />Force ~LCDC Goal 1~.. LCDC Goals 2~ 3, 4, 5, G, 7, 8, ll, 12, 13,
<br />14, 15, 1,6, l7, 18, and 19 are deemed inapplicable. The operation
<br />of this Ordinance will not prohibit or seriously impair condominium
<br />Ordinance -- 3
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