HomeMy WebLinkAboutResolution No. 5313
COUNCIL RESOLUTION NO. 5313
A RESOLUTION APPROVING A LOW-INCOME RENTAL
HOUSING PROPERTY TAX EXEMPTION FOR PROPERTY
LOCATED ON RIVER ROAD, EUGENE, OREGON
(ASSESSOR’S MAP 17-04-13-33, TAX LOTS 100, 200, 300,
AND 400; ASSESSOR’S PROPERTY ACCOUNT NOS.
0379816, 0379824, 0379832, AND 0379840) (APPLICANT ST.
VINCENT DE PAUL SOCIETY OF LANE COUNTY, INC.)
PASSED: 8:0
REJECTED:
OPPOSED:
ABSENT:
CONSIDERED: December 14, 2020
RESOLUTION NO. 5313
A RESOLUTION APPROVING A LOW-INCOME RENTAL HOUSING
PROPERTY TAX EXEMPTION FOR PROPERTY LOCATED ON RIVER
ROAD, EUGENE, OREGON (ASSESSOR’S MAP 17-04-13-33, TAX LOTS
100, 200, 300, AND 400; ASSESSOR’S PROPERTY ACCOUNT NOS.
0379816, 0379824, 0379832, AND 0379840) (APPLICANT ST. VINCENT DE
PAUL SOCIETY OF LANE COUNTY, INC.)
The City Council of the City of Eugene finds that:
A. Iris Place Limited Partnership is the owner of real property located on River Road,
Eugene, Oregon, 97404 (Assessor’s Map 17-04-13-33, Tax Lots 100, 200, 300, and 400;
Assessor’s Property Account Nos. 0379816, 0379824, 0379832, and 0379840), more particularly
described in Exhibit A attached to this Resolution.
B. St. Vincent de Paul Society of Lane County, Inc. (2890 Chad Drive, Eugene,
Oregon, 97408) (the applicant) has submitted an application for a low-income housing exemption
from ad valorem taxes beginning July 1, 2021, under the City's Low-Income Rental Housing
Property Tax Exemption Program (EC 2.937 to 2.940).
C. The applicant is the sole general partner in the Iris Place LimitedPartnership and
will be responsible for the day-to-day operation of the property that is the subject of this low-
income rental housing property tax exemption.The applicant is a nonprofit public benefit
corporation as defined in ORS 65.001; therefore, Iris Place Limited Partnership qualifies as a
nonprofit corporation under ORS 307.518(4) for purposes of the low-income rental housing
property tax exemption.
D. The tax exemption being sought for the property includes 11 one-bedroom units,
17 two-bedroom units, 24 three-bedroom units (for a total of 52 low-income rental units), as well
as a Manager’s unit and residential common areas. The applicant is seeking the tax exemption for
the entire property.
E. The Community Development Manager of the Planning and Development
Department, as designee of the City Manager, has prepared a Report and Recommendation
recommending that the application be approved and the exemption granted. In making that
recommendation, the Community Development Manager found that the applicant submitted all
materials, documents and fees required by Section 2.938 of the Eugene Code, 1971 (EC), and is
in compliance with the policies set forth in Section 5 of the Standards and Guidelines adopted by
Resolution No. 5297. In addition, the Community Development Manager found that the applicant
has complied with the criteria for approval provided in EC 2.939(3), and the eligibility
requirements at Section 2.10 of the Standards and Guidelines adopted by Resolution No. 5297.
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