HomeMy WebLinkAboutOrd. 20632COUNCIL ORDINANCE NO. 20632
DINANCE CONCERNING LOW-INCOME RENTAL HOUSING
LOPERTY TAX EXEMPTIONS AND AMENDING SECTIONS
2.938, 2.939 AND 2.940 OF THE EUGENE CODE, 1971.
ADOPTED: May 26, 2020
SIGNED: May 29, 2020
PASSED: 8:0
REJECTED:
OPPOSED:
EFFECTIVE: juue29,2020
0
ORDINANCE NO. 20632
AN ORDINANCE CONCERNING LOW-INCOME RENTAL HOUSING
PROPERTY TAX EXEMPTIONS AND AMENDING SECTIONS 2.938, 2.939 AND
2.940 OF THE EUGENE CODE, 1971.
THE CITY OF EUGENE DOES ORDAIN AS FOLLOWS:
Section 1. Subsection (1)(g) of Section 2.938 of the Eugene Code, 1971, is amended to
provide:
2.938 Low -Income Rental Housina Property Tax Exemption - Application.
(1) An application for exemption from property taxes hereunder for low-
income rental housing units constructed after February 12, 1990 shall
be filed with the city manager, on a form provided by the city manager,
which shall contain the following, if applicable:
(g) Evidence that the property is owned or being purchased by a non-
profit corporation which meets the criteria for a public benefit
corporation as described in ORS 65.001(38), or a religious
corporation, as described in ORS 65.001(40);
Section 2. Subsections (3)(c) and (3)(d) of Section 2.939 of the Eugene Code, 1971, are
amended to provide:
2.939 Low -Income Rental Housing Property Tax Exemption - Review,
Approval or Denial of Application.
(3) As an alternative to an application considered under subsection (2) of
this section, the city manager shall recommend approval of an
application, and the council shall grant the exemption upon determining
the applicant meets the criteria set forth in subsections (2)(e), (0, (g),
(h) and (i) of this section and all the following criteria:
(c) The applicant's application was filed prior to July 1, 2030;
(d) The property is owned or being purchased by a nonprofit
corporation organized in a manner that meets the criteria for a
public benefit corporation, as described under ORS 65.001(38) or
for a religious corporation, as described under ORS 65.001(40);
and
Ordinance - Page 1 of 2
Section 3. Subsections (1)(a) and (4) of Section 2.940 of the Eugene Code, 1971, are
amended to provide:
2.940 Low -Income Rental Housina Prooertv Tax Exemption - Termination.
(1) If after a resolution approving an application for exemption hereunder
has been filed with the county assessor the city manager finds that:
(a) Construction or development of the exempt property differs from
the construction or development described in the application for
exemption, or was not completed on or before July 1, 2030, and
no extensions or exceptions as provided in subsection (4) hereof
have been granted; or,
(4) Upon receipt of a request from the property owner, the council may, by
resolution, extend the deadline beyond July 1, 2030 for completion of
construction of the low-income rental housing for a period not to exceed
12 consecutive months, i.e., July 1, 2031, if it finds the failure to
complete construction by July 1, 2030 was due to circumstances
beyond the control of the owner, and that the owner had been and
could reasonably be expected to act in good faith and with due
diligence. If property granted an exemption hereunder is subsequently
destroyed by fire or act of God, or is no longer capable of owner -
occupancy due to circumstances beyond the control of the owner, the
exemption shall cease, but no additional taxes shall be imposed upon
the property under ORS 307.531 or 307.533.
Section 4. The City Recorder, at the request of, or with the consent of the City Attorney,
is authorized to administratively correct any reference errors contained herein, or in other
provisions of the Eugene Code, 1971, to the provisions added, amended or repealed herein.
Passed by the City Council this
26"' day of May, 2020
City Recorder -pet�u
Ordinance - Page 2 of 2
Approved by the Mayor this
-29 day of May, 2020
e4 I/ K
Mayor