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HomeMy WebLinkAboutResolution No. 4579 RESOLUTION NO. 'I s 71 A RESOLUTION APPROVING A LOW-INCOME RENTAL HOUSING PROPERTY TAX EXEMPTION FOR PROPERTY LOCATED AT 38TH AND HILYARD, EUGENE, OREGON. (ST. VINCENT DE PAUL SOCIETY OF LANE COUNTY, IN c. ). The City Council of the City of Eugene finds that: A. S1. Vincent dePaul Society of Lane County, Inc., P.O. Box 24608, Eugene, Oregon, has an option with the City of Eugene to acquire the real property located at 38th and Hilyard (Assessor's Number 18030833, Tax Lots 100 and 201), Eugene, Oregon, and more particularly described on Exhibit "A" attached hereto and incorporated herein by reference, and has submitted an application pursuant to Subsection 2.939(2) of the Eugene Code, 1971 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 of the Eugene Code, 1971). B. The Acting Co-Director of the Planning and Development Department, as designee of the City Manager has submitted a Report and Recommendation to the Council that the application be approved and the exemption granted. In making that recommendation, the Co-Director, in the Co-Director's Report and Recommendation, found (1) that the applicant submitted all materials, documents, and fees required by the application and the City, including documentation that the housing units on the property are to be constructed after February 12, 1990, and the required rent payment reflects the full value of the property tax exemption, and the property will be offered for rental solely as a residence for low-income persons; (2) that the applicant is in compliance with the policies set forth in the Standards and Guidelines adopted by Resolution No. 4327 of the City Council, applicable local plans, planning regulations, and the Metro Plan; (3) that the applicant has executed the required Consent to Inspection of Premises and the Rent Regulatory Agreement, which agreement contains a provision requiring certification of income levels of low-income occupants; and (4) that the applicant is otherwise in compliance with the criteria for approval as set forth in Subsection 2.939(2) of the Eugene Code, 1971. C. The project consists of the development of up to 24 low-income rental housing units (presently planned to consist of 4 one bedroom, 12 two bedroom and 8 three bedroom units). All of the property will be used for the purpose of providing low-income rental housing. 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, which are adopted herein, and the City Council's review of the Report and Recommendation of the Co-Director of the Planning and RESOLUTION - 1 Development Department, the City Council hereby approves the application of S1. Vincent dePaul Society of Lane County, Inc. for an ad valorem property tax exemption under the City's Low-Income Rental Housing Property Tax Exemption Program for the property located at 38th and Hilyard (Assessor's Number 18030833, Tax Lots 100 and 201), Eugene, Oregon, as more particularly described on Exhibit "A" attached hereto and incorporated herein by reference, subject to the following conditions: 1. approval. The project shall be completed within two years after the date of this 2. The project shall consist of up to 24 low-income rental housing units (presently planned to consist of 4 one bedroom, 12 two bedroom and 8 three bedroom units) and all of the property shall be used for the purpose of providing low-income rental housing. Section 2. That the land and the improvements constructed thereon as described in Section 1 above are hereby declared exempt from local ad valorem property taxation commencing July 1 of the tax year following certification of completion 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. 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 districts affected hereby, within ten days from the date hereof, and to cause a copy of this Resolution to be filed with the Lane County Assessor on or before April 1, 1999. The foregoing Resolution adopted the :<.5~ay of November, 1998. 1/- t1lfr City Recorder RESOLUTION - 2 EXHIBIT A 'fA.)( L~ t I 0 0 Beginning at a point be1ng North 1169:98 feet and East 634.62 f~~t from the Southwest corner of Section 8 Townsh1p 18 South, Range 3 West ~f the Willamette Meridian; thence North 1- 12' 00" ~ast: 13~.05 feet:.;thence S~uth 88w 37' 30. East. 725.80 feet: thence South 0 09 00 Eas!1 ,~~.1! feet, thence North 88- 47' 00. West, 265.83 feet; thence North 0 09 :~O West, 25.02 feet; thence North 88- 47' 00. West, 463.09 feet to the PQ1nt of beg1nn1ng, in Lane County, Oregon. ~)( L,t 2.0\ PROPERTY DESCRIPTIoN The West 173.8 feet of the tollowing described: Beginning at a point!~319.97 feet North 10 32' West and 610.00 teet South 880 33' Eaet of the corn~r common to Sections 7~8-17 and 18, Township 18 South of Range 3 West of the W~llamette Meridian and run thence South 880 33' East 732.77 feet to the West li~~ of the County Road; thence South 00 04' West along said County ~oad 238.10 ~~et; thence North 880 41' West 726.03 feet, to the East line of tract deedpp to City of Eugenei thence North 10 321 West 240.03 feet to the place oft: beginning, all in Lane County, Oregon; EXCEPT: Beginning at a point being North 1169.98 feet and Eawt 634.62 feet from the Southwest corner of Section 8, Township ~S South, Range 3 West of the Willamette Meridian; thence NorthilO 12 I 00" East, 134.05 feet; thence South 880 371 30" East:.. 72$...80 feet: thence South 00 09' 00" East, 157.11 feet; thence Nort~ 880 47' 0011 West, 265.83 feet; thence North 00 09' 00" Weat, 25.02 feet; thence North 88047' 00" West, 483.09 feet to th~" point of beginning, in Lane County, Oregon; ALSO EXCEPT: Beginning at a point being North 1064.0 teet an~. East 632.40 feet from che Southwest corner of Section 8, in Township 18 South, Range 3 West of the Willamette Meridian; thence North 10 12' 00" East, 106.00 feet; thence Souch 880 1~' 00" East, 463.09 feet; thence South 00 09' 00" East, 106.02 1pet. to the North line of SHERIDAN PARK, as platted and recorded i~" Book 22, Page 18. Lane County oregon Plat Records; thenoe al~~g said North line and along the Nor:.th line of FIRST ADDITION TO. .SHERIDAN P~K. as platted and recorded in BOOK 23. Page ~7, L~~e County Oregon Plat Records. North 880 471 00" West, 292.59 fed;.; thence leaving said North line North Ie 12' 00" EaBt, 30.00f~et; thence North S80 471 00" West, 60.00 feet; thence South 10 1~" 00" West, 30.00 feet; thence North 880471 OQ" Wesc, 113.00 teet to the point of beginning, in Lane County, Oregon.