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Item 2D: Resolution on Low-Income Rental Housing Property Tax Exemption for City View Street
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Item 2D: Resolution on Low-Income Rental Housing Property Tax Exemption for City View Street
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7/23/2012
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ATTACHMENT C <br /> <br />RESOLUTION NO. _____ <br /> <br />A RESOLUTION DENYING A LOW-INCOME RENTAL HOUSING PROPERTY <br />TAX EXEMPTION FOR THE PROPERTY LOCATED AT 1535-1563 CITY <br />VIEW STREET, EUGENE, OREGON. (ST. VINCENT DE PAUL SOCIETY OF <br />LANE COUNTY, INC. / APPLICANT.) <br /> <br /> <br /> The City Council of the City of Eugene finds that: <br /> <br /> A. <br /> Stellar Apartments Limited Partnership (with St. Vincent de Paul Society of Lane <br />County, Inc. as general partner) is the owner of real property located at 1535-1563 City View Street, <br />Eugene, Oregon, 97402 (Assessor’s Map 17-04-36-33; Tax Lot No. 201; Assessor’s Property Account <br />Number 0483857). St. Vincent de Paul Society of Lane County, Inc. (general partner and “the <br />applicant”), located at P.O. Box 24608, Eugene, Oregon, 97402 has submitted an application pursuant to <br />Subsection 2.939(2) of the Eugene Code, 1971, for an exemption from ad valorem taxes under the City's <br />Low-Income Rental Housing Property Tax Exemption Program (Sections 2.937 to 2.940 of the Eugene <br />Code, 1971). <br /> <br />B. <br /> The tax exemption is being sought for the project, which will include 54 residential units <br />and common areas (community center & garden, children’s play area, and bike parking) that are being <br />constructed on the property and for the parcel of land, all of which will be used for low-income housing. <br />Construction is expected to be completed by July 31, 2013. <br /> <br />C. <br /> The Community Development Manager of the Planning and Development Department, <br />as designee of the City Manager, has prepared a Report and Recommendation, which is attached to this <br />Resolution as Exhibit A, recommending that the application be approved and the exemption granted. In <br />making that recommendation, the Community Development Manager found that the applicant submitted <br />all materials, documents and fees required by the application and Section 2.938(1) of the Eugene Code, <br />1971, and is in compliance with the policies set forth in the Standards and Guidelines adopted by <br />Resolution No. 5028. In addition, as described more fully in Exhibit A, the applicant has complied with <br />the criteria for approval provided in Section 2.939(2) of the Eugene Code, 1971. <br /> <br />NOW, THEREFORE, <br /> <br /> BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF EUGENE, a Municipal <br />Corporation of the State of Oregon, as follows: <br /> <br /> Section 1. <br />Notwithstanding the findings in the Community Development Manager’s Report and <br />Recommendation, the City Council denies the application of St. Vincent de Paul Society of Lane <br />County, Inc. for an ad valorem property tax exemption under the City's Low-Income Rental Housing <br />Property Tax Exemption Program for the property located at 1535-1563 City View Street, Eugene, <br />Oregon, 97401 (Assessor’s Map 17-04-36-33; Tax Lot No. 201; Assessor’s Property Account Number <br />0483857), because the applicant has failed to demonstrate that the tax exemption is in the public interest. <br />S:\CMO\2012 Council Agendas\M120723\S1207232D.doc <br />
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