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MINUTES <br />Eugene City Council <br />Harris Hall, 125 East 8 1 h Avenue <br />Eugene, Oregon 97401 <br />June 10, 2013 <br />5:30 p.m. <br />Councilors Present: George Brown, Betty Taylor, Alan Zelenka (arrived at 5:50 p.m.), George Poling, <br />Mike Clark, Chris Pryor, Claire Syrett, Greg Evans. <br />Her Honor, Mayor Piercy opened the June 10, 2013, City Council work session. <br />A. COMMITTEE REPORTS <br />City councilors provided updates from the Police Commission, Lane Workforce Partnership, and <br />Lane Transit District /EmX. The Harlow Neighbors was also recognized for its selection as the <br />Neighborhood of the Year at the 203 Neighborhoods USA conference. <br />B. WORK SESSION: Core Campus - Application for Multiple -Unit Property Tax Exemption <br />( MUPTE) for Residential Property Located at 505 East Broadway (The Hub in Eugene) <br />Community Development Manager Mike Sullivan, and Business Loan Analyst Amanda Flannery - <br />Nobel reviewed information on the MUPTE application and provided updates on recent changes <br />to the application and options to purchase or lease property from the City of Eugene. <br />Council discussion: <br />• Student growth rate <br />• Potential lost revenue <br />• Competition with other student housing providers <br />• Current vacancy rates (citywide and near - campus) <br />• Subsidies for out -of -state developers <br />• Need, compatibility, financial return /benefit, guarantees <br />Direction to staff: <br />• Provide additional information about student vacancy rates. <br />• Improve incentives and outcomes to gain support. <br />• Create "If- Then" scenarios if this project is allowed. <br />• Outline options if application is denied. <br />• Refine proposal and return with answers to council questions. <br />• Draft resolution to include details of the guarantees, safeties, agreements, etc. <br />The meeting adjourned at 7:00 p.m. <br />Respectfully submitted, <br />Michelle Mortensen <br />Deputy City Recorder <br />MINUTES — Eugene City Council June 10, 2013 Page 1 <br />Work Session <br />