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5. ACTION: <br />Adoption of Resolution 5053 Approving a Multiple-Unit Property Tax Exemption for <br />Residential Properties located at Willamette and Broadway (First on Broadway, <br />LLC/Broadway Lofts) <br /> <br />City Manager Ruiz reviewed Resolution 5053, which approved a Multi-Unit Property Tax Exemption <br />(MUPTE) for a residential development to be located at Willamette Street and Broadway. He <br />recommended approval of the resolution because the development would advance the council’s goals for <br />downtown and fill a major downtown vacancy. <br /> <br />Councilor Brown recalled his past opposition to MUPTE applications in the West University <br />Neighborhood but supported the use of MUPTE downtown to facilitate downtown residential housing. <br />He thought downtown would benefit greatly from the MUPTE. He believed the developments would <br />encourage additional downtown residential development and the council would then be free to focus the <br />tool on another area of the community. <br /> <br />Councilor Zelenka was happy to see housing built downtown, particularly in the two buildings in <br />question. He said the proposal would bring much-needed housing downtown. He had also opposed the <br />further use of MUPTE in the West University Neighborhood but was happy to support the proposal <br />before the council. <br /> <br />Councilor Brown, seconded by Councilor Farr, moved to adopt Resolution 5053 <br />approving a multiple-family unit property tax exemption for residential property located <br />at 39 West Broadway. Roll call vote: The motion passed unanimously, 8:0. <br /> <br /> <br />6. ACTION: <br />Adoption of Resolution 5054 Approving a Multiple-Unit Property Tax Exemption for <br />Residential Property located at Willamette and Broadway (858 Pearl St., LLC/Park Place <br />Apartments) <br /> <br />City Manager Ruiz introduced the item, a resolution approving the application of MUPTE for a <br />residential development at property located 877 East Park Street, a property formerly owned by the City. <br />He recalled that the council approved the sale of the property to the developer, who planned to develop it <br />as apartments. He recommended approval of the application and said it met the criteria related to public <br />benefit. <br /> <br />Mayor Piercy believed the Parks Blocks would benefit from the development by making it a more active <br />area. <br /> <br />Councilor Brown, seconded by Councilor Farr, moved to adopt Resolution 5054 <br />approving a multiple-family unit property tax exemption for residential property located <br />at 877 East Park Street. Roll call vote: the motion passed unanimously, 8:0. <br /> <br /> <br />7. ACTION: <br /> Disposition of Surplus Real Property <br /> <br />City Manager Ruiz asked the council to approve the sale of City-owned property located along Franklin <br />Boulevard. He reported that the City would retain a portion for future right-of-way but the remainder was <br /> <br /> <br />MINUTES—Eugene City Council January 23, 2012 Page 5 <br /> Work Session <br /> <br />