HomeMy WebLinkAboutResolution No. 5119
COUNCIL RESOLUTION NO.5119
A RESOLUTION AMENDING RESOLUTION NO. 5067
CONCERNING A LOW-INCOME RENTAL HOUSING PROPERTY
TAX EXEMPTION FOR THE PROPERTY LOCATED AT 1535-1563
CITY VIEW STREET,EUGENE, OREGON. (Stellar Apartments
Limited Partnership / Owner)
PASSED: 7:0
REJECTED:
OPPOSED:
ABSENT: Evans
CONSIDERED:October 13, 2014
RESOLUTION NO. 5119
A RESOLUTION AMENDING RESOLUTION NO. 5067 CONCERNING A
LOW-INCOME RENTAL HOUSING PROPERTY TAX EXEMPTION
FOR THE PROPERTY LOCATED AT 1535-1563CITY VIEW STREET,
EUGENE, OREGON. (Stellar Apartments Limited Partnership / Owner)
The City Council of the City of Eugene finds that:
A.
On July 23, 2012, the City Council passed Resolution No. 5067, a copy of which
(excluding its Exhibit A) is attached as Exhibit Athis Resolution. Resolution No. 5067
approved the application of St. Vincent de Paul Society of Lane County, Inc. for an exemption
from ad valorem taxes under the City's Low-Income Rental Housing Property Tax Exemption
Program (Sections 2.937 to 2.940 ofthe Eugene Code, 1971)for the property located at 1535-
1563 City View Street, Eugene, Oregon, 97401 (Assessor’s Map 17-04-36-33,Tax Lot No. 201;
Assessor’s Property Account Number 0483857),for the development of 54residential units and
common areas,and for the parcel of land.Stellar Apartments Limited Partnership is the owner
the real property, with St. Vincent de Paul Society as general partner.
B.
At the time that Council passed Resolution No. 5067, the common areaand parcel
of land referenced in the Resolution for use as a garden was not yet under the ownership of
Stellar Apartments Limited Partnership and, therefore, was not subject to the tax exemption.
C.
In January of 2014, Stellar Apartments Limited Partnershipacquired the areaof
land (a portion of Assessor’s Map 17-04-36-33,Tax Lot No. 400) that it intended to use for the
common areasreferenced in Resolution No. 5067, and completed a property line adjustment
which incorporated the newly acquired areainto Assessor’s Map 17-04-36-33,Tax Lot No. 201.
D.
Itis necessary to amend Resolution No. 5067 to allow for the tax exemption to be
applied to the newly acquired areaof land.
NOW, THEREFORE,
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF EUGENE, a
Municipal Corporation of the State of Oregon, as follows:
Section 1.
Based upon the above findings,the areaof landthat was acquired by
Stellar Apartments Limited Partnershipin January of 2014, and, by property line adjustment,
incorporated into the property identified as Assessor’s Map 17-04-36-33,Tax Lot No. 201, is
declared exempt from local ad valorem property taxation commencing July 1, 2015, and
continuing until the tax exemption granted by Resolution No. 5067 expires.The revised
boundaries of the property identified as Assessor’s Map 17-04-36-33,Tax Lot No. 201are
described in Exhibit B attached to this Resolution.
Resolution -Page 1of 2
Exhibit A
Page 1 of 2
Exhibit A
Page 2 of 2
Exhibit B
4EKISJ
Legal Description for the Adjusted Boundaries
of
Stellar Apartments Limited Partnership Tract
17-04-36-33 TL No. 201
Beginning at the Southwest corner of Section 36 in Township 17 South, Range 4 West of the
Willamette Meridian; thence North 00º07'30" East 642.85 feet along the west line of said Section
36; thence South 89º02'27" East 29.06 feet to a mag. nail with an aluminum washer stamped
“Poage Eng. & Surv. Inc.” set to replace a reinforcing rod set on the Easterly right of way line of
City View Street (being a line parallel with and 35.00 feet Easterly of the centerline of City View
Street as monumented on the ground); thence continuing South 89º02'27" East 0.94 feet to a
point on the east margin of City View Street as conveyed to the City of Eugene through a Quit
Claim Deed recorded August 14, 1948 in Book 379, Pages 537 and 538 of the Lane County
Oregon Deed Records, said point being 30.0 feet easterly of, when measured at right angles to,
True Point of Beginning
the west line of said Section 36, said point also being the ; thence
leaving said east margin and running South 89º03'29" East 133.07 feet to a point marked by a
5/8" rebar with a yellow plastic cap stamped “Poage Eng. & Surv. Inc.”; thence South 00º07'30"
West 102.16 feet to a mag. nail with an aluminum washer stamped “Poage Eng. & Surv. Inc.”;
thence South 89º01'36" East 108.93 feet to a point marked by a 5/8" rebar with a yellow plastic
cap stamped “Poage Eng. & Surv. Inc.”; thence South 44º59'28" East 1.91 feet to a point marked
by a reinforcing rod; thence South 89º01'36" East 249.64 feet to a reinforcing rod set on the
northerly extension of the centerline of Cleveland Street (now vacated), said point also being on
the west boundary of Westmoreland Park as platted and recorded April 13, 2010 Inst. No. 2010-
017400 Lane County Oregon Deed Records; thence North 00º02'09" West 119.99 feet along said
northerly extension to a reinforcing rod marking the most southerly interior ell on the west
boundary of said plat of Westmoreland Park; thence North 89º09'12" West 58.63 feet to a
reinforcing rod set to mark the most southerly exterior ell in the western boundary of said plat of
Westmoreland Park; thence along said west boundary North 00º07'47" East 220.46 feet to a
point on the north boundary of that certain tract of land described in a Warranty Deed recorded
May 19, 2004 Recep. No. 2004-037386 Lane County Oregon Official Records; thence along said
north boundary North 89º02'00" West 434.06 feet to a point on the east margin of City View
Street as conveyed to the City of Eugene through a Warranty Deed recorded October 14, 1948 in
Book 383, Page 662 of the Lane County Oregon Deed Records, said point being 30.0 feet
easterly of, when measured at right angles to, the west line of Section 36 in Township 17 South,
Range 4 West of the Willamette Meridian; thence along said easterly margin parallel to and 30
True
feet easterly of the west line of said Section 36 South 00º07'30" West 236.85 feet to the
Point of Beginning
, all in Lane County Oregon.
Containing 3.230 acres or 140,825 sq. ft. more or less