Resolution No. 4867 - Laserfiche WebLink

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Number 0266211), as more particularly described on the attached Exhibit A, subject to the following condition: Upon completion of construction, the project shall consist of 13 units (two studio units, seven one-bedroom units, and four two-bedroom units). Twelve of the units will be used for permanent low-income rental housing for 12 to 16 chronically homeless veterans. One unit will be used for an on-site manager familiar with the needs and characteristics of the tenants. The manager will be a low-income occupant, as well. Section 2. That the land and units described in Section 1 above are declared exempt from local ad valorem property taxation commencing July 1, 2006, and continuing for a continuous period of twenty (20) years unless earlier terminated in accordance with the provisions of Section 2.940 of the Eugene Code, 1971, which provides for termination after an opportunity to be heard if: 2.1 Construction or development of the exempt property differs from the construction or development described in the application for exemption, or was not completed by January 1, 2010, and no extensions or exceptions were granted; or 2.2 The property owner fails to comply with provisions ofORS 307.515 to 307.523, provisions of the Eugene Code, 1971, the Standards and Guidelines adopted by Council Resolution No. 4623, or any conditions imposed in this Resolution; and immediate termination, without right of notice or appeal, pursuant to the provisions of ORS 307.531 in the event: 2.3 The exempt property is being held for future development of low income rental housing and it is used for any purpose other than the provision of low income rental housing; or 2.4 The county assessor determines that a change of use to other than that allowed has occurred for the housing unit, or portion thereof, or, if after the date of this approval, a declaration as defined in ORS 100.005 is presented to the county assessor or tax collector for approval under ORS 100.110. Section 3. The City Manager, or the Manager's designee, is requested to forward a copy of this Resolution to the applicant, and to the other taxing affected districts, within ten days from the date of adoption of this Resolution, and to cause a copy of this Resolution to be filed with the Lane County Assessor on or before April 1, 2006. Section 4. This Resolution shall become effective immediately upon its adoption. The foregoing Resolution adopted and effective the 10th day of April, 2006. " _<f'- ~>~~~(J'~\:~~?~ \\~:.;:;~,;~r~~_: ~L ,~~~ ~ 3;~- -= c- ~~;- -~ -~ -- Resolution - 2