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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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City_Council_Document_Type
Agenda Item Summary
CMO_Meeting_Date
8/9/2004
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SECTION B - PROPERTY <br /> <br />il. I NameofProperty Owner: Apple Orchard Village, Limited Partnership <br /> Prope~y Address: 2640 - 2694 Edgewood Dr. & 200, 220 Ed~ewood Dr. <br /> Eugene, Oregon 97404 - <br /> Assessor's Number: 17-04-12-33-00600 Parce]] ;2 &~ <br /> <br /> Attach as Schedule 2 Applicant's proof of ownership, or if not owner, proof of <br /> Applicant's interest under a purchase contract. <br /> <br /> 2. Portion of property for which exemption is sought: <br /> ~ All or ~ The following described portion: <br /> Includes the two NEDCO houses. NEDCO will apply for their property <br /> tax exemption once they are ~n t~]~ ~n ~h~ ~w~ hm,SeS <br /> <br />J, 3. Description of purpose of projem: - 40 units of affordable apartment housin~ plus a community building <br /> - 2 single family houses to be rehabed and sold by NEDCO. <br /> <br /> All of the property for which exemption is sought will be used for this purpose <br /> The following described .portion of the property will be used for this purpose: <br /> <br /> Project Construction Dates: <br /> Commencement of Construction: May 2004 <br /> Anticipated Completion: July 2005 <br /> <br />J 4. J ~ Yes ~ No The Rent Regulation Agreement attached as Schedule 3 and <br /> Consent to Inspection of Premises attached as Schedule 4 have been executed <br /> and Applicant agrees to maintain the same in effect throughout the duration of the <br /> tax exemption period. <br /> <br /> <br />
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