Resolution No. 4328 - Laserfiche WebLink

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shall review the working drawings and other documents with the City Manager. If construction commenced prior to Council approval of a tax exemption, the applicant shall review the construction documents and other documents with the City Manager prior to completion of construction to insure that the project will comply with the approval conditions upon completion. 8. Review of Boundaries The area within which properties may be eligible for a property tax exemption as set forth in Attachment 1 hereto may be reviewed by the City Manager from time to time to determine whether a recommendation should be made requesting that the Council extend the benefits to encompass areas which are now excluded. 90 Reports. If requested by the Council, the City Manager shall submit reports to the Council for transmittal to the House and Senate Revenue Committee of the Oregon Legislature describing the effect of this program in the City of Eugene. The reports shall describe the number of housing developments and residential units to which the exemption applies, the value of the developments constructed, the value of the tax exemptions granted, and the general effectiveness of the property tax exemption as an incentive to construction of rental housing. The reports shall be submitted to the Council sufficiently in advance so as to permit the Council to file them at least 60 days prior to the convention of each regular legislative session. lo. Amendments to Guidelines The City Manager may, from time to time, propose such revisions, deletions, or amendments to these Standards and Guidelines as he or she may deem necessary or desirable for the efficient implementation of the multiple - unit rental housing local property tax exemption program, but no such revision, deletion, or amendment shall be effective until approved by Council Resolution. The foregoing Amended Standards and Guidelines recommended to the City Council the IGOday of , 19920 'cheat D �G� n City Ma ger APPROVED by Resolution No. of the Eugene City Council on the 2I day of 1992. :94 C City Recorder Standards and Guidelines •- 6