HomeMy WebLinkAboutResolution No. 4702
RESOLUTION NO. 4702
A RESOLUTION APPROVING A LOW-INCOME RENTAL
HOUSING PROPERTY TAX EXEMPTION FOR A PORTION
OF THE PROPERTY LOCATED AT110, 128, 130, 136, AND
146 EAST 11TH AVENUE, EUGENE, OREGON (TAX LOTS 17-
03-31-41-10200 AND 17-03-31-41-10300). (ST. VINCENT de
PAUL SOCIETY OF LANE COUNTY - AURORA BUILDING).
The City Council of the City of Eugene finds that:
A. The St. Vincent de Paul Society of Lane County is the owner of real property
located at 110,128,130, 136, and 146 East 11th Avenue, Eugene, Oregon, (Tax Lots 17-03-31-
41-10200 and 17-03-31-41-10300) 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) for 88.4% of the building (53,997 square feet) which will be used for
low-income housing, with the remaining 11.6% (7,026 square feet) being used for non-housing
purposes.
B. The 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 Director found that
the applicant submitted all materials, documents and fees required by the application and the
City, including, if applicable: documentation that the housing units on the property were or will
be constructed after February 12, 1990, documentation that the required rent payment will reflect
the full value of the property tax exemption; documentation that the property is being held for
development of housing for low-income persons; that the applicant is in compliance with the
policies set forth in the Standards and Guidelines adopted by Resolution No. 4623 of the City
Council, applicable local plans, planning regulations, and the Metro Plan; and 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 is otherwise in compliance with the criteria for approval as set forth in Subsection 2.939(2)
of the Eugene Code, 1971; all as set forth in the Director's Report and Recommendation.
C. The project consists of the development of fifty-four low-income rental housing
units (11 studio, 35 one-bedroom, and 8 two-bedroom units). 88.4% (53,997 square feet) of the
building will be used for the purpose of providing low-income rental housing, and the remaining
11.6% (7,026 square feet) will be used for non-housing uses.
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 Director of the Planning and
Development Department, the City Council hereby approves the application of St. Vincent de
Paul Society of Lane County for an ad valorem property tax exemption under the City's Low-
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Income Rental Housing Property Tax Exemption Program for 88.4% (53,997 square feet) of the
property located at110, 128, 130, 136, and 146 East 11th Avenue, Eugene, Oregon, as more
particularly described on Exhibit "A" attached hereto and incorporated herein by reference, which
is being held for development of housing for low-income persons, subject to the following
condition:
Upon completion of construction, the project shall consist of 54 low-income
rental housing units, (11 studio, 35 one-bedroom, and 8 two-bedroom units) with 88.4%
of the building (53,997 square feet) to be used for the purpose of providing low-income
rental housing, and the remaining 11.6% (7,026 square feet) to be used for non-housing
uses.
Section 2. That the portion of the land and improvements constructed thereon as
described in Section 1 above are hereby declared exempt from local ad valorem property taxation
commencing July 1, 2002 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 provide 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 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, 2002.
Section 4. This Resolution shall become effective immediately upon its adoption.
The foregoing Resolution adopted and effective the 28th day of January, 2002.
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City Recorder
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