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Section 1 . 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 />Section 2 . 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 />Section 3 . Pursuant to ORS 222.111(3), the rate of taxation for the property shall be at <br />69% of the City property tax rates that otherwise would apply to the property. This reduction <br />shall continue for ten years unless the Gettys transfer the property to someone else. If the Gettys <br />partition the property and transfer one of the lots, then the reduction shall continue on the lot still <br />owned by the Gettys, but not on the other lot. <br />The foregoing Resolution adopted the 23 day of July, 2012. <br />— "- JoAtat <br />City Re rder <br />Resolution - Page 2 of 2 <br />