Resolution No. 4328 - Laserfiche WebLink

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Ll3zg' Exhibit "A" to Resolution No.� STANDARDS AND GUIDELINES FOR PROCESSING APPLICATIONS FOR MULTIPLE -UNIT RENTAL HOUSING LOCAL PROPERTY TAX EXEMPTION UNDER ORS 307.600 TO ORS 307.690 AMENDED 1992 Pursuant to the provisions of Resolution No. 3 Z of the City Council of the City of Eugene, the City Manager shall be governed by the following rules in considering applications and making recommendations for multiple -unit rental housing local property tax exemption. ADMINISTRATIVE PROCESS For purposes of these rules, the following words and phrases mean: City Manager. The City Manager of the City of Eugene, or his or her designee. Historic Structure. Any building, structure or object which has been identified as a primary or secondary historic resource (strong or possible eligibility for city landmark or National Register status) in a survey acknowledged by the Eugene Historic Review Board and the State Historic Preservation Office, or which is an "historic property" as that term is defined by Eugene Code, 1971, section 9.202. Low Income Housing. Housing which is affordable to families or persons whose income is low, i.e., income which is 80% of the median income of families or persons in Lane County, Oregon as determined by the Housing and Urban Development agency or its successor. Low Income Housing. An annual charge equal to $100 for each studio dwelling unit, $110 for each one- bedroom dwelling unit, $125 for each two- bedroom dwelling unit, and $135 for each other dwelling unit located on the property subject to the charge. Multiple -Unit Housing. Newly constructed structure having five (5) or more rental dwelling units not designed or used as transient accommodations or as a hotel or motel, and which is constructed and used in compliance with the standards set out below. Standards and Guidelines - 1