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Item 3: Ordinance on Downtown Urban Renewal Amendment
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Item 3: Ordinance on Downtown Urban Renewal Amendment
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Agenda Item Summary
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5/26/2010
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ORS 457.010(1)(i) <br />None of the properties in the District are characterized by a loss of population and reduction of proper <br />utilization of the area, resulting in its further deterioration and added costs to the taxpayer for the <br />creation of new public facilities and services elsewhere. <br />PROPERTIES IN THE DOWNTOWN URBAN RENEWAL PLAN DISTRICT <br />The following are property-specific findings substantiating the General Findings, above. <br />Map ID# 1 and 2 <br />—Tax lots 11300 and 11200 of Map 17033114 (Firestone Tire):The building has <br />cracks in the exterior walls, especially on the north side. The building is single-story use. Improvement <br />to land ratio: 1.23 and .01; Building rating: ± <br />Map ID# 3 and 4 <br />—Tax lots 12000 and 11700 of Map 17033114 (Pacific Cascade Federal Credit Union <br />and DocuTrack Imaging): Single-story building. The building takes up approximately 1/3 of tax lot <br />117000; the remainder is surface parking and drive-thru access. Improvement to land ratio: 1.67 and .59; <br />Building rating: + <br />Map ID# 5 <br />—Tax lot 12100 of Map 17033114 (Wachovia Securities, Beecher Carlson and Mediation <br />Services): EWEB notes that steam conversion is needed for the property. Two-thirds of lot is surface <br />parking. Improvement to land ratio: 1.23 and .01; Building rating: + <br />Ú·²¼·²¹ë <br />
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