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Home My WebLink AboutResolution No. 4495 REPORT AND RECOMMENDATION of the Director of the Planning & Development Department Lorig Associates, LLC Multiple-Unit Property Tax Exemption The Director of the Planning & Development Department of the City of Eugene finds that: 1. Lorig Associates, LLC is the owner of real property located at East-West alley between 8th Avenue and Broadway on the North, Charnelton Street on the East, East-West alley between 10th and Broadway on the South and Lincoln Street on the West, and more particularly described on Exhibit "A" attached hereto and incorporated herein by reference, and has submitted an application pursuant to the City's Multiple-Unit Rental Housing Property Tax Exemption Program (Section 2.945 and 2.947 of the Eugene Code, 1971) with respect to the improvements to be constructed thereon. 2. I have reviewed the application and specifically find that the project is an eligibile structure as defined in the Standards and Guidelines, is located within the project area, and: 2.1 The applicant has submitted all materials, documents and fees required by the City. 2.2 Design elements that benefit the general public have been included in the project, whicQ consists of: 2.2.1 One hundred and sixty residential units in the Eugene downtown core area. This will add people who will reside downtown, strengthening the viability of downtown and enhancing the potential for people who work downtown to live there as well; 2.2.2 The design of the project has been driven by the work of the West End Advisory Committee, a citizen committee appointed by the Eugene City Council. The committee adopted decision principles which guided the design of the parking, residential and commercial elements. This ongoing citizen involvement has demonstrated a viable approach to meaningful public- private project development; 2.2.3 A primary public benefit of the project will be the doubling of parking capacity on site at the same time that dense housing and commercial uses are being added. In effect, the visual impact of parking will be greatly diminished while the supply of parking is increased. When completed, the site is expected to house more than 300 residents, whose presence will create a new urban neighborhood in the heart of downtown Eugene. These residents should have a positive effect on livability and security in the immediate downtown area. Housing located above the parking structure will create a safer environment as a result of having many interested "eyes" focused on the neighborhood twenty-four hours a day; 2.2.4 An important benefit of the project will be the creation of a streetscape which is pedestrian-friendly. The street-level facades will house commercial uses which will reinforce activity and vitality. These could include cafes, food shops, retail shops, small offices, galleries, and work/live units. These uses will increase public use of the area and also provide an appropriate transition to the mixed-use neighborhood to the west, which is primarily residential; 2.2.5 The project plans to provide secured, covered bicycle parking as one of the public amenities. In addition, appropriate street furniture and landscape features will enhance the spaces adjoining the public right-of-way. The "footprint" of the proj ect has been planned to protect the historic street trees which are located in the public rights-of-way along Lincoln and Broadway; 2.2.6 There is one important long-term public benefit of the project which will become apparent over time. Since the housing and commercial development is located above public parking, there is no urban land being dedicated to private parking. Residents will simply rent parking as necessary. As driving habits and parking demands change over time, the project will allow for the management of parking, rather than creating a land use form which would remain fixed for the life of the project. This allows denser development and a more compact urban form. 2.3 The project was monitored through the City's regular processes with respect to planning, permit and building and safety requirements to insure compliance with all local regulations; 2.4 There are no structures located on the property. Currently the site is paved and is being used as a parking lot; 2.5 The owner has agreed to pay the City's low income housing fee, which during the years three through ten of the exemption period will generate $1 7,120 annually for the City's low income housing fund; 2.6 The owner has stated in the application and provided evidence that the project would not be feasible without the tax exemption because the rent levels would need to be set at a rental rate higher than market; 2.7 The project consists of 160 total rental units. Therefore, based upon the above findings, the project is in conformance with all applicable local plans, planning regulations, the Metropolitan Area General Plan, and the criteria set forth in the City's adopted Standards and Guidelines for Multiple-Unit Rental Housing Property Tax Exemption, and I recommend that the application be approved. Dated this 31*' day of qu '1 ' 1996 Director, Planning & D opment Department, City of Eugene EXHIBIT A PROPERTY DESCRIPTION PARCEL 1: Lots 5 and 8, Block 2, MULLIGAN'S ADDITION ON THE WEST, as platted and recorded in Book A, Page 122, Lane County Oregon Dead Records, in Lane County, Cregan. PARCEL 2: Lots 1 and 4, Block 3, MULLIGAN'S ADDITION ON THE WEST, as platted and recorded in Book A, Page 122, Lane County Oregon Deed Records, in Lane County, Oregon. PARCEL 3: Lot 1 and the East 10 feet of Lot 2, Block 1, WHITEAKER ADDITION to Eugene, as platted and recorded in Book 25, Pages 310 and 311, Lane County Oregon Deed Records, in Lane County, Oregon. PARCEL 4: Beginning at a point 43 feet East of the Southwest corner of Lot 3, Block 1, WHITEAKER ADDITION to Eugene, as platted and recorded in Book 25, Pages 310 and 311, Lane County Oregon Deed Records; running thence East 57 feet; ~hence North 86 feet; thence West 57 feet and thence South 86 feet to the place of beginning, in Eugene, Lane County, Oregon. PARCEL 5: Beginning at the Southwest corner of Lot 3, Block 1, WHITEAKER ADDITION to Eugene, as platted and recorded in Book 25, Pages 310 and 311, Lane County Oregon Deed Records, and running thence East 43 feet; thence North 86 feet; thence West 43 feet; and thence South 86 feet to the place of beginning, in Lane County, Oregon. PARCEL 6: Beginning at the Northwest corner of Lot 3, Block 1, WHITEAKER ADDITION to Eugene, as platted and recorded in Book 25, Pages 310 and 311, Lane County Oregon Plat Records, and running thence East 100 feet; thence South 74 feet; thence West 100 feet; thence North 74 feet to the place of beginning, all in the City of Eugene, Lane County, Oregon. PARCEL 7: The South 50 feet of the East 52 feet of Lot 1, Block 4, WHITEAKER ADDITION to Eugene, as platted and recorded in Book 25, Pages 310 and 311, Lane County Oregon Deed Records, in Lane County, Oregon. -continued- -Property Description, continued- PARCEL 8: Beginning at a point on the North line of Block 4, WHITEAKER ADDITION to Eugene, as pl~tted ~~d recorded in Book 25, Pages 310 and 311, Lane County Oregon Plat Records, said point being 108.8 feet East of the Northwest corner of said Block 4; running thence South 21.0 feet; thence East 0.43 feet; thence South 90.2 feet, more or less, to the North line of that certain tract of land conveyed to the City of Eugene by deed recorded March 24, 1927, in Book 149, Page 469, Lane County Oregon Deed Records; thence East 51.57 feet to the East line of Lot 1 in said Block 4; thence North 111.2 feet, more or less, to the Northeast corner of said Lot 1; thence West 52.0 feet to the point of beginning, in Lane County, Oregon. PARCEL 9: Beginning at a point on the North line of Block 4, WHITEAKER ADDITION to Eugene, as platted and recorded in Book 25, Pages 310 and 311, Lane County Oregon Deed Records, said point being 60.0 feet East of the Northwest corner of said Block 4; running thence East along the North line of Lots 2 and 1 a distance. of 48.8 feet; thence South 21.0 feet; thence East 0.43 feet; thence South 90.20 feet, more or less, to the North line of that certain tract of land conveyed to the City of Eugene by deed recorded March 24, 1927, in Book 149, Page 469, Lane County Oregon Deed Records; thence West 0.43 feet to the Northwest corner of said City of Eugene property; thence South 50 feet to the South line of Lot 1; thence West along the South line of Lots 1 and 2 a distance of 33.6 feet, more or less, to a point on the South line of Lot 2 that is 75.0 feet East of the Southwest corner of said Lot 2; thence North 60.0 feet; thence West 15.0 feet; thence North 101.32 feet, more or less, to the point of beginning, in Lane County, Oregon. PARCEL 10: Beginning at the Southwest corner of Lot 2, Block 4, WHITEAKER ADDITION to Eugene, as platted and recorded in Book 25, Pages 310 and 311, Lane County Oregon Deed Records; thence East 75 feet; thence North 60 feet; thence West 75 feet and thence South 60 feet to the place of beginning, in Lane County, Oregon. PARCEL 11: The West 60 feet of the North 101.2 feet of Lot 2, Block 4, WHITEAKER ADDITION to Eugene, as platted and recorded in Book 25, Pages 310 and 311, Lane County Oregon Deed Records, in Lane County, Oregon. l-AXATION ONLY ~VV!J '-t l~ClJ Lf ~C.\.,. ."1 'I (.-" r\. I V I. v. I ."-1 V V . W ~ . j J t. .LANE COUNTY THI MAP tS TO ASSIST LOCATiNG PR RlY.THE COMPANY ASSUMES NO LIABILITY FOR \NACCURACiES. f-iOO" SEE MAP 17 03 31 12 /7-o3-3}-/3 - WES:1:-. -- , - - --- --.- - .---- ~I~l I --~-- ,. . U In ------- I~!~ 9100 ~ . ~ I II' I' " I ' 2 j L...;.___ =1======----- . ----- ..' a' , 3' 6800 , I 160" t2K)() a 5 - --r-- , 8 "'" e .' ,.... 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