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ORS 45 7. 010 (1) (e) <br />None of the properties in the District are characterized by the existence of inadequate streets and other <br />rights of way, open spaces and utilities. <br />ORS 457.010(1)(j <br />None of the properties in the District are characterized by the existence of property or lots or other areas <br />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 />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. The following Map ID # met this criterion: 1, 2, 3, 4, 5, 7, 8, <br />9, 11, 12, 13, 14, 15, 20, 23, 24, 25, 27, 45, 48, 49, 50, 52, 53, 54, 55, 60, 61, 62, 63, 64, 65, 66, 67, 68, <br />69, 71, 73, 75, 80, 81, 82, 83, 87, 91, 92, 93, 94, 95, 96, 97, 98, 100, 108, 109, 112, 115, 116, 117, 118, <br />123, 124, 125, 127, 128, 129, 132, 133, 135, 136, 137, 138, 139, 140, 141, 142, 143, 144, 146, 147, 148, <br />149, and 151. Information was not available for Map # 28, 29 and 70. <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. The following Map ID # met this criterion: 4, 5, 11, 12, 14, 15, 52, 53, <br />54, 55, 66, 67, 68, 73, 75, 81, 82, 84, 92, 93, 99, 101, 108, 109, 115, 116, 117, 118, 127, 128, 131, 135, <br />136, 138, 139, 140, 142 and 144. <br />A comparison of the allowable development to the existing development is a further indication of the <br />lack of proper utilization of the area and indication of blight per ORS 457.010(1)(h). Nearly all of the <br />properties in the District are zoned G3 Major Commercial, with a maximum allowed height of 150 feet. <br />Properties containing buildings having only asingle -story (26 properties), as identified in the <br />descriptions below, present further evidence of underutilization of the property in the commercial core <br />of downtown. <br />Findings - 4 <br />