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HomeMy WebLinkAboutResolution No. 5315 COUNCIL RESOLUTION NO. 5315 A RESOLUTION APPROVING A LOW-INCOME RENTAL HOUSING PROPERTY TAX EXEMPTION FOR PROPERTY LOCATED ON HOPE LOOP, EUGENE, OREGON (ASSESSOR’S MAP 17-04-27-24, TAX LOTS 02201, 02211, 02214, 02215, AND 02218; ASSESSOR’S PROPERTY ACCOUNT NOS. 1511623, 1511599, 1511631, 1511458, AND 1511482) (APPLICANT ST. VINCENT DE PAUL SOCIETY OF LANE COUNTY, INC.) PASSED: 8:0 REJECTED: OPPOSED: ABSENT: CONSIDERED: January 11, 2021 RESOLUTION NO. 5315 A RESOLUTION APPROVING A LOW-INCOME RENTAL HOUSING PROPERTY TAX EXEMPTION FOR PROPERTY LOCATED ON HOPE LOOP, EUGENE, OREGON (ASSESSOR’S MAP 17-04-27-24, TAX LOTS 02201, 02211, 02214, 02215, AND 02218; ASSESSOR’S PROPERTY ACCOUNT NOS. 1511623, 1511599, 1511631, 1511458, AND 1511482) (APPLICANT ST. VINCENT DE PAUL SOCIETY OF LANE COUNTY, INC.) The City Council of the City of Eugene finds that: A. St. Vincent de Paul Society of Lane County, Inc. is the owner of real property located on Hope Loop, Eugene, Oregon, 97402 (Assessor’s Map 17-04-27-24, Tax Lots 02201, 02211, 02214, 02215, and 02218; Assessor’s Property Account Nos. 1511623, 1511599, 1511631, 1511458, 1511482), more particularly described in Exhibit A attached to this Resolution (the Property). 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 levied on the Property beginning July 1, 2021,under the City's Low-Income Rental Housing Property Tax Exemption Program (EC 2.937 to 2.940). C. The Property includes five duplexes for a total of ten three-bedroom units, two of which are designated to serve transitional housing families. The applicant is seeking an exemption for the entire Property. D. 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 ofthe Standards and Guidelines adopted by Resolution No. 5297. 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, the City Council approves the application of St. Vincent de Paul Society of Lane County, Inc. for an ad valorem property tax exemption under Resolution - Page 1 of 2 Exhibit A