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Item 4 - Low-Income Prop Tx Ex.
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Item 4 - Low-Income Prop Tx Ex.
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6/9/2010 1:09:41 PM
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8/9/2004 11:49:56 AM
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Agenda Item Summary
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8/9/2004
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2. Inspections. Applicant agrees that the City may, at its option, inspect the <br /> premises at regular intervals to verify the accuracy of the reports required <br /> herein and compliance with other provisions of this Agreement. The parties <br /> may agree in writing that inspections occur on specific dates, and absent <br /> such an agreement, City may perform inspections upon five (5) days' prior <br /> written notice to Applicant. <br />3. Documentation. Applicant agrees to provide City upon ten (10) days' prior <br /> written request, documentation of all facts certified in the report required in <br /> Section 1 of this Agreement. <br />4. Notices. Any notice required under this Agreement shall be in writing, and <br /> directed to City in care of the Planning & Development Department, 99 West <br /> th <br /> 10 , Eugene OR 97401, and to the Applicant at the address indicated above. <br />5. Effective Date. This Agreement shall become effective upon approval of the <br /> Applicant's application for ad valorem property tax exemption to which this is <br /> appended, and shall remain in effect throughout the duration of the tax <br /> exemption period. <br />6. Termination of A.qreement. This Agreement shall terminate, with no further <br /> action required by either party upon: <br />6.1 The expiration of the tax exemption period; <br />6.2 Termination of the tax exemption by the City Council for Applicant's failure to: <br /> 6.2.1 Complete construction within the time required, including any extensions <br /> granted; <br />6.2.2 Comply with the provisions of ORS 307.515 to 307.523, the provisions of <br /> Sections 2.937 to 2.940 of the Eugene Code, 1971, or the <br /> Standards and Guidelines adopted by Resolution No. <br /> 4327, or this Agreement; or <br />6.2.3 Comply with any conditions imposed in the Resolution approving the tax <br /> exemption application. <br />6.3 A determination by the County Assessor that a change of use to other than <br /> that allowed has occurred, resulting in an immediate termination of <br /> the tax exemption by the County Assessor. <br /> <br /> <br />
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