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ATTACHMENT E REPORT AND RECOMMENDATION of the Director of the Planning and Development Department Application of the Santa Clara Limited Partnership (St. Vincent DePaul of Lane County Inc.'s) Santa Clara Plaza housing at 150 Santa Clara Avenue For Low Income Rental Housing Property Tax Exemption (Section 2.937 to 2.940 of the Eugene Code, 1971) The Director of the Planning and Development Department of the City of Eugene finds that: 1. St. Vincent DePaul, owner of real property located at 150 Santa Clara Avenue, Eugene, Oregon (Tax Lot 17-04- 11-43-00800) as more particularly described in its Application submitted pursuant to Subsection 2.939 (2) of the Eugene Code, 1971 for an exemption from ad valorem taxes under the City's Low Income Rental Housing Property Tax Exemption Program (Section 2.937 to 2.940 of the Eugene Code, 1971). 2. I have reviewed the application and specifically find: 2.1 The applicant has submitted all materials and documents required by the City, including but not limited to: 2.1.1 Documentation that the housing umts on the property were constructed after 2/12/90; 2.1.2. Documentation that the required rent payment reflects the full value of the property tax exemption; 2.1.3 Documentation that the property is offered for rental solely as a place for low-income households; 2.2 The applicant is compliance with the policies set forth in the Standards and Guidelines adopted by Resolution 4623 of the City Council and has previously executed the required Consent to Inspection of Premises and Rent Regulatory Agreement, which contains a provision requiring certification of income levels of low-income occupants. 2.3 The proposed project is otherwise consistent with provisions of the Eugene Code, 1971, and other adopted City policies and regulations. 2.4 The property, when construction is complete, will consists of 60 low-income rental housing units (19 one-bedroom, 22 two-bedroom, 19 three-bedroom units). All of the property will be used for the purpose of providing low-income rental housing. Therefore, based on the above findings, the proposed project is in conformance with all applicable local plans, planning regulations, the Metropolitan Area General Plan, and the criteria set forth in the City's adopted Standards and Guidelines for Low-Income Rental Housing Property Tax Exemption, and I recommend that the application be approved. Dated this __ day of July, 2004. Thomas G. Coyle Executive Director Planning and Development Department, City of Eugene L:\CMO\2004 Council Agendas\M040809\S0408094.doc