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HomeMy WebLinkAboutResolution No. 4824COUNCIL RESOLUTION NO. 4824 A RESOLUTION EXTENDING THE'COMPLETION DATE FOR CONSTRUCTION OF RESIDENTIAL UNITS GRANTED A MULTIPLE-UNIT PROPERTY TAX EXEMPTION UNDER RESOLUTION NO. 4816. (ARTHUR C. CARMICHAEL, JR. AND LARRY VON KLEIN). PASSED: 5/3 REJECTED: OPPOSED: Bettman, Ortiz, Taylor ABSENT: CONSIDERED: February 14, 2005 RESOLUTION NO. 4824 A RESOLUTION EXTENDING THE COMPLETION DATE FOR CONSTRUCTION OF RESIDENTIAL UNITS GRANTED A MULTIPLE- UNIT PROPERTY TAX EXEMPTION UNDER RESOLUTION NO. 4816. (ARTHUR C. CARMICHAEL, JR. AND LARRY VON KLEIN). The City Council of the City of Eugene finds that: A. On December 6, 2004, the City Council adopted Resolution No. 4816 approving a multiple-unit property tax exemption for the construction of residential units at 979 Patterson Street, Eugene, Oregon. That Resolution required construction to be completed by January 1, 2006. B. Subsection (5) of Section 2.947 of the Eugene Code, 1971 authorizes the Council to extend the deadline for completion of construction of multiple-unit housing for an additional 12 consecutive months if it finds that the failure to complete construction by the time specified in the resolution approving the tax exemption was due to circumstances beyond the control of the owner, and that the owner had been acting in good faith and with due diligence. C. Although the property owners, Arthur C. Carmichael, Jr. and Larry Von Klein, expect to begin construction in June of 2005, they have advised that it is not likely that construction of the residential units can be completed by January 1, 2006, and have requested an extension to January 1, 2007. The Council finds that the property owners have been acting in good faith and with due diligence, and the inability to meet the January 1, 2006 construction deadline is due to circumstances beyond their control. 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 on the above findings which are adopted, Arthur C. Carmichael, Jr. and Larry Von Klein are granted an extension to January 1, 2007, in which to complete construction of the residential units for which a property tax exemption was granted under Resolution No. 4816 on December 6, 2004. Section 2. The City Recorder is requested to forward a copy of this Resolution to Arthur C. Carmichael, Jr. and Larry Von Klein, and to append a copy of this Resolution to Resolution No. 4816. Section 3. This Resolution shall become effective immediately upon its adoption. The foregoing Resolution adopted and effective the 14th day of February, 2005. Ci~ Recorder Resolution- 1