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HomeMy WebLinkAboutResolution No. 5316 COUNCIL RESOLUTION NO. 5316 A RESOLUTION APPROVING A LOW-INCOME RENTAL HOUSING PROPERTY TAX EXEMPTION FOR PROPERTY ND LOCATED ON W. 2AVENUE, EUGENE, OREGON (ASSESSOR’S MAP 17 -03-30-34; TAX LOTS 400 AND 401, ASSESSOR’S PROPERTY ACCOUNT NOS. 1304375 AND 0255198) (APPLICANT ST. VINCENT DE PAUL SOCIETY OF LANE COUNTY, INC.) PASSED: 8:0 REJECTED: OPPOSED: ABSENT: CONSIDERED: January 11, 2021 RESOLUTION NO. 5316 A RESOLUTION APPROVING A LOW-INCOME RENTAL HOUSING ND PROPERTY TAX EXEMPTION FOR PROPERTY LOCATED ON W. 2 AVENUE, EUGENE, OREGON (ASSESSOR’S MAP 17 -03-30-34; TAX LOTS 400 AND 401, ASSESSOR’S PROPERTY ACCOUNT NOS. 1304375 AND 0255198) (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 nd located on W. 2 Avenue, Eugene, Oregon, 97401 (Assessor’s Map 17 -03-30-34; Tax Lots 400 and 401, Assessor’s Property Account Nos. 1304375 and 0255198), 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 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 tax exemption being sought for the Property includes 40 low-income rental housing units as well as a manager’s unit and residential common areas. The applicant is seeking the tax 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 of the 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 the City's Low-Income Rental Housing Property Tax Exemption Program for the property Resolution - Page 1 of 2 Exhibit A