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HomeMy WebLinkAboutOrdinance No. 20045ORDINANCE NO. ~~(?~f ~ AN ORDINANCE SUSPENDING THE PROCESSING of APPLICATIONS FoR MULTIPLE-UNIT PROPERTY TAX EXEMPTION UNDER SECTIONS 2.945 AND 2.947 of THE EUGENE CODE, 1971; ESTABLISHING EXCEPTIONS THERETO; AND DECLARING AN EMERGENCY. The City Councfl of the City of Eugene ffnds that: A. The City's Multiple-Unit Property Tax Exemption Program ~Sectians 2.945 and 2.947 of the Eugene Code, 1971}were enacted to address the City's long term goal of improving the health of the downtown core through an increase in housing density. B. This program, which is enabled by state statutes, was first implemented by the City in July, 1977, and has been subsequently modified in order to comply with changes in state statutes. The boundaries of the area within which an exemption may be granted, the Standards and Guidelines under which applications are processed, and the criteria which must be met prior to granting an exemption are all established by the Council. C. It would be in the public interest to undertake an evaluation of the program at this time to determine whether changes should be made in the boundaries, the fees charged, or the public benefits to be provided, and to cease accepting applications for the exemption until completion of that evaluation. D. The City Council has discussed for passible tax exemptions three current projects, including projects by the Guard Publishing Company and Klingensmith & McRae, as well as the "west End" Broadway and Charnelton} project. Applications for those three pending projects should be processed in accordance with the currently established procedures. Now Therefore, THE CITY of EUGENE DOES ORDAIN AS FoLLO~VS: ecti n 1. Based on the above findings, which are adopted herein, after the effective date of this Grdinance, the City shall not accept or process any application for ad valorem property tax exemption under Sections 2.945 and 2.947 of the Eugene Code, 1971 the City's Multiple Unit Rental Housing tax exemption program}, until after the City Council has completed its review of the City's current Multiple-Unit Rental Housing tax exemption program, and has repealed this ordinance. Grdinance -1 eetion 2. The prohibition imposed by Section 1 above shall nat apply to the applications for the tax exemption submitted by the Guard Publishing Company for the proposed project at 14th Avenue and High Street, Eugene, Oregon, and by Klingensmith & McRae for the proposed project at 632 East 15th Avenue, Eugene, Gregor, nor to the City's "west End" project at Broadway and Charnelton Street, all of which shall be processed and determinations made thereon in accordance with the criteria, standards and procedures as they existed prior to the adoption of this Ordinance. ee ion 3. That the matters contained herein concern the public welfare and therefore, an emergency is hereby declared to exist, and this Ordinance shall become effective immediately upon its passage by the City Council and approval by the Mayor, retention by the Mayor for more than ten days, or readoption over a Mayoral veto by two-thirds of all members of the City Council. Passed by the City Council this Approved by the Mayor this ~~` day of (~c~( , 1996 "" ~'/ / City Recorder I' ~3~day of , 1996 Mayor Grdinance - 2