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dimensions for property usefulness and development. This was the case with the following properties in
<br />the current boundaries of the Urban Renewal District: 70, 71 and 142. None of the properties in the
<br />proposed District expansion area are so characterized.
<br />ORS 457.010(1)(d)
<br />None of the properties in the current or proposed District boundaries are characterized by the existence
<br />of property or lot layouts in disregard of contours, drainage or other physical characteristics of the
<br />terrain and surrounding conditions.
<br />ORS 457.010(1)(e)
<br />None of the properties in the current or proposed District boundaries are characterized by the existence
<br />of inadequate streets and other rights of way, open spaces and utilities.
<br />ORS 457.010(1)(f)
<br />None of the properties within the current or proposed boundaries of the Urban Renewal District are
<br />characterized by the existence of property or lots or other areas that are subject to inundation by water.
<br />ORS 457.010(1)(g)
<br />Properties identified on the Blight Findings Matrix as meeting (g) were determined to be characterized
<br />by a prevalence of depreciated values, impaired investments and social and economic maladjustments to
<br />such an extent that the capacity to pay taxes is reduced and tax receipts are inadequate for the cost of
<br />public services rendered. These properties were determined to evidence depreciated values due to an
<br />analysis of the property’s improvement to land value ratio. Properties with a ratio of less than 4:1 were
<br />considered depreciated. This ratio was utilized based on a comparison of analyses completed by other
<br />communities in the state, including Springfield, Tillamook and Portland. Properties that are not
<br />intended to be developed, such as public open space or public plazas, are indicated as p/p, although any
<br />structures associated with those tax lots may be evaluated separately. Properties that are composed of
<br />multiple ownerships (such as condominium units were not considered for this analysis; for these cases,
<br />)
<br />an indication of n/a is shown on the Blight Findings Matrix. For a very limited number of properties,
<br />adequate information was not available from the tax assessor’s office for this analysis; for these cases, i/i
<br />is indicated on the Blight Findings Matrix. Within the existing District boundaries, the following Map
<br />ID # met this criterion, : 1, 2, 3, 4, 5, 7, 8, 9, 11, 12, 13, 14, 15, 20, 23, 24, 25, 27, 45, 48, 49, 50, 52, 53,
<br />54, 55, 60, 61, 62, 63, 64, 65, 66, 67, 68, 69, 71, 73, 75, 80, 81, 82, 83, 87, 91, 92, 93, 94, 95, 96, 97, 98,
<br />100, 108, 109, 112, 115, 116, 117, 118, 123, 124, 125, 127, 128, 129, 132, 133, 135, 136, 137, 138, 139,
<br />140, 141, 142, 143, 144, 146, 147, 148, 149, and 151. Information was not available for Map # 28, 29
<br />and 70. Within the proposed expanded District boundary, Map ID # 154, 155, 156, 157, 158, 159, 160,
<br />161, 162, 163, 164, 165, 166 and 167 met this criterion.
<br />ORS 457.010(1)(h)
<br />Properties identified on the Blight Findings Matrix as meeting (h) were determined to be characterized
<br />by a growing or total lack of proper utilization of areas, resulting in a stagnant and unproductive
<br />condition of land potentially useful and valuable for contributing to the public health, safety and welfare.
<br />This determination was based on a review of the building’s vacancy (such as empty storefronts) or site’s
<br />vacancy (such as undeveloped lots or surface parking lots). A property that has a 50% or higher
<br />vacancy was determined to meet criterion (h), indicating that potential utilization of the property is less
<br />than half its current utilization. Within the existing District boundaries, the following Map ID # met this
<br />criterion: 4, 5, 11, 12, 14, 15, 52, 53, 54, 55, 66, 67, 68, 73, 75, 81, 82, 84, 92, 93, 99, 101, 108, 109,
<br />115, 116, 117, 118, 127, 128, 131, 135, 136, 138, 139, 140, and 144. This was also the case with the
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