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BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF EUGENE, a <br />Municipal Corporation of the State of Oregon, as follows: <br /> <br /> <br />Section 1 <br /> . Based on the above findings and the Planning Director’s Recommendation <br />and Findings attached as Exhibit C which are adopted in support of this Resolution, it is ordered <br />that the land identified as Assessor’s Map 17-04-23-20, Tax Lot 122 on the maps attached as <br />Exhibit A, and described in the attached Exhibit B, is annexed to the City of Eugene. <br /> <br />Section 2 <br /> . This Resolution is effective immediately upon its passage by the City <br />Council. The annexation and automatic rezoning of the land from R-1/UL to R-1 pursuant to EC <br />9.7820(3) shall be effective upon the date a copy of this Resolution is filed with the Secretary of <br />the State of Oregon. <br /> <br />Section 3 <br /> . Pursuant to ORS 222.111(3), the rate of taxation for the property shall be at <br />69% of the City property tax rates (including the permanent tax rate, any local option levy and <br />any bond levy) that otherwise would apply to the property. This reduction shall continue for ten <br />years unless the Gettys transfer the property to someone else. If the Gettys partition the property <br />and transfer one of the lots, then the reduction shall continue on the lot still owned by the Gettys, <br />but not on the other lot. <br /> <br /> The foregoing Resolution adopted the ____ day of July, 2012. <br /> <br /> <br /> <br /> ______________________________________ <br /> City Recorder <br />Resolution - Page 2 of 2 <br />