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HomeMy WebLinkAboutResolution No. 4978COUNCIL RESOLUTION NO. 4978 A RESOLUTION APPROVING A MULTIPLE —UNIT PROPERTY TAX EXEMPTION FOR RESIDENTIAL PROPERTY LOCATED AT 362 EAST 12' AVENUE. s EUGENE, OREGON (MIDTOWN TERRACE. LLC, APPLICANT). PASSED: 6:2 REJECTED: OPPOSED: Taylor, Zele'nka ABSENT: CONSIDERED: May 26, 2009 RESOLUTION NO. 4978 A RESOLUTION APPROVING A MULTIPLE -UNIT PROPERTY TAX EXEMPTION FOR RESIDENTIAL PROPERTY LOCATED AT 362 EAST 12 AVENUE, EUGENE, OREGON (MIDTOWN TERRACE LLC, APPLICANT ), The City Council of the City of Eugene finds that: A. Midtown Terrace, LLC is the owner of real property located at 362 East 12 Avenue, Eugene, Oregon, more particularly described in Exhibit A attached to this Resolution. Midtown Terrace LLC has submitted an application pursuant to the City's Multiple -Unit Property Tax Exemption Program (Sections 2.945 and 2.947 of the Eugene Code, 1971), with respect to residential units to be constructed on the property. B. The proj ect consists of the development of seven one - bedroom units, four two - bedroom units, and 13 three - bedroom units, for a total of 24 residential units. C. The project is located within the boundaries of the core area as described in subsection (2) of Section 2.945 of the Eugene Code, 1971. D, The project could not financially be built "but for" the tax exemption. E. The applicant solicited comments from city - recognized affected neighborhood associations. F. The requirements in the Standards and Guidelines for Multiple -Unit Housing Property Tax Exemptions adopted by Administrative Order No. 53-09-01-F related to proximity to historic resources have been satisfied. G. The applicant has complied with the provisions of the Standards and Guidelines as described in the Report and Recommendation attached as Exhibit B to this Resolution which was prepared by the Executive Director of the Planning and Development Department ( "the Director") as designee of the City Manager. I3. The project will be completed on or before January 1, 2012, and the owner has agreed to include in the construction one or more public benefits. I. The proposed project will be at the time of completion, in conformance with all local plans and planning regulations, including special or district -wide plans developed and adopted pursuant to ORS chapters 195, 196, 197, 215 and 227, that are applicable at the time the application is approved. J. The project is not designed for, and will not be used as transient accommodations. Resolution — Page 1 of 3 K. Granting the application is in the public interest. In making this determination, the City Council has considered the number of points awarded based on the public benefit scoring system contained in the Standards and Guidelines. L. The Report and Recommendation attached as Exhibit B recommends that the application be approved and the exemption granted. In making that recommendation, the Director found that the applicant submitted all required materials, documents and fees as set forth in Section 2.945 of the Eugene Code, 1971, and the Standards and Guidelines, and the applicant is in compliance with the policies contained therein. 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 which are adopted, and the City Council's review of the Report and Recommendation of the Executive Director of the Planning and Development Department attached as Exhibit B, the City Council approves the application of Midtown Terrace LLC for an ad valorem property tax exemption under the City's Multiple -Unit Property Tax Exemption Program for the residential units to be constructed at 352 East 12 Avenue, Eugene, Oregon, and more particularly described in Exhibit A, subject to the following conditions 11 The project shall consist of development of seven one - bedroom units, four two - bedroom units, and 13 three - bedroom units, for a total of 24 residential units, which are not designed for, nor will be used as, transient accommodations. 2. The project shall be completed on or before January 1, 2012. 3. The project shall include all of the public benefit design elements as required in the Standards and Guidelines and described in Section 2.5 of the Report and Recommendation attached as Exhibit B. 4. No later than 18 months after receiving Certificate of occupancy, the applicant shall submit to the City's Planning and Development Department documentation of Earth Advantage Silver certification. 5. The project shall be in conformance with all local plans and planning regulations, including special or district -wide plans developed and adopted pursuant to ORS Chapters 195, 196, 197, 215 and 227. Section 2 . The residential units to be constructed upon the property described in Section 1 above are declared exempt from local ad valorem property taxation beginning July 1 of the year following certification of completion and continuing for a continuous period of ten years Resolution — Page 2 of 3 unless earlier terminated in accordance with the provisions of Section 2.947 of the Eugene Code, 1971. Section 3 , The City Manager, or the Manager's designee, is requested to forward a copy of this Resolution to the applicants, and to the other affected taxing districts, within ten days, and to cause a copy of this Resolution to be filed with the Lane County Assessor on or before April 1, 2010. Section 4 , This Resolution shall become effective immediately upon its adoption. The foregoing Resolution adopted and effective the Zf th day of May, 2009. Deput Cit Ree Resolution — Page 3 of 3 f _ , 16 Exhibit A - . t ,� ► 2$ h� scram and vsg,•� orthat � 1 � 60 , tenon' . ts a d . �� fuata b or In anyway itpp#S1WM shftUd in tAM • 7ho SoA 50 feet of Lot ;, Block 4, BLLSWORM NO 10 � ,o � : recorcd in Volme' r . ,pogo 2V, Luc Comty Cftm pIMPtecords, in Lime 0M* Dr ay►' ' RIFY M SIQfiRW QR,1CCWM(; TMPMSTRUMENT, T�P� • , _ .'TITLE S40U ABOUT THE PERSOR'$ R GHTV 'ANY UNDIR-SECTIONS 2, AND 5 � TO U Off ` CffAPU ► r ORF40ON 1A'V�'.� �A'J: T�S•�TRT�T VD ZS NOT ALLOW USS OY • . .TRH 1PBR ''9' �RS� IN TWSJNST1WKWT]N•VZUL►`10R OF APMCARLSJMD USE � R • � .. LAWS AN R►��3rULAT�N� RRB•SriG OR A� '� G TMs► YNST i'� . PSMOR A MMG Pn TU� TO.'0UPAR�Y SRO= CV= WITH 1pyM� P . y�•� A COMM j • '. • �M rRIiVIC ' 64 �j = � � �, , � DE TO THAT THE T Olt .. 1fAN0'1i=dTft" FMMWIS-A • Olts 92.01D OR 2l5 *gl4, ` 'ERM �' - APPRO� VM OF T LW OR PARS .'o • • 0 =0 ON •. �' . . R '�' �,� 0�.LA►'�T� A�CrABT FARMG OR P+O '�`� P�#�S$ AS • AVADLUM LOt 0A PARCHT," AS • BRMED)N ORS S "INQUW ADOW R GHTS Off` IQEI�RiN i �P�I 'Y OWNW� IF AM,, UNDFA SRCT 2p 3 AND s To zz OF CHAPM 424,# JAWS 2007s PA90av F' MM y HY,A►� JL�'F�� To MM ow MOBS - ' • . • City Council Agenda page 74 Attachment B REPORT' AND RECOMMENDATION - of the - Executive Director of the Planning & Development Department Midtown Terrace EEC Application for Multiple -Unit Property Tax Exemption The Director of the Planning & Development Department of the City of Eugene finds tha t: p � ene f g 11 Midtown Terrace, LLC is the owner of real property located at 362 East 12th Avenue, Eugene, Oregon., and more particularly described in Attachment A to this Report and Recommendation. Midtown Terrace, LLC has - submitted an application pursuant to the City's Multiple -Unit Rental Housing Property Tax Exemption Program (Section 2.945 and 2.947 of the Eugene Code, 1971 ) with respect to the residential ur*ts to be constructed on the real property. 2. As the City Manager's designee, I have reviewed the application and find that: ' 2.1 The project will provide 24 units of multiple -unit housing. 2.2 Construction is expected to be complete on or before January 1, 2012. 2.3 The project is located in the core area described in subsection (2) of Section 2.945. of the Eugene Code, 1971. 2.4 The applicant has submitted all materials, documents and fees. re aired b the q y City as set forth in Section 2.945. of the Eugene Codes 1971, and the Standards _ and Guidelines for Multiple - Unit Housing Property Tax Exemptions adopted b Adrnimstrative Order No. 53- 09 -o1 -P. 2.5. The applicant responded to the public benefit criteria as follows: 2.5.1 Public Benefits . *Dens i The project will include nineteen. units in excess of the minimum required density. * . Green Building Features Applicant plans to attain Earth Advantage Silver Certification. ' EWEB has. advised that "If all the agreed upon on ' P requirements and specifications are completed and pass site inspections, the project will be certified as Earth Advantage." (Applicant must submit to . the City's Planning and Development Department documentation of Earth Advantage Silver certification no later than 18 months after . receiving Certificate of Occupancy.). * Mixed Income None of the housing units will be dedicated to controlled income and affordable rental housing.- . - * Homeownershiu . None of the housing units will .,be dedicated to homeownership. * . The project will include one unit that is AIWA accessible. . s 1 I 4 r •PIi stork Sens" The proj ect , does not include preservation and enhancement of an existing historic locale. * Location . The project is not in the Dowhtown - Plan Area. Parkin . The project. will provide three parldng spaces beyond what is required by the Code. *other. The project will include 25 secured bicycle storage facilities (more than one per unit). . eLon evi of Public Benefits. All public benefits included in the project will extend beyond the period of the tax exemption. _ * Points Awarded Based on the Standards and Guidelines' Public Benefit .scoring system, this project has been aw' arded 115 public benefit points, 2.5.2. A two- tenant commercial office building (approximately 3,.000 sq. ft.) and a one bedroom house will be demolished to allow for the construction of the 24 --unit structure. . 2.5.3 The applicant has demonstrated that the project would not be built without the benefit of the tax exemption. 2.5.4 The applicant solicited comments from the west University Neighborhood Association and, by letter dated August 3, 200$ wUN supported the use of MUPTE funding for the project on the ' conditions that the design features presented remain in the project and that the "general" criteria are used to evaluate the. project's site review application, 2,5.5 The project will not be used as transient accommodations. 30 A display ad soliciting recommendations or comments from the public regarding this project was published in the Register- -Guard on March 3 0, 2009. The period for comment expired on April 29, 2009. No .comments were received in response to the ad. Therefore, based upon the above findings, the project is, or will be at the time of completion in conformance with all applicable local plans and provisions of the Eugene Code, 1971, planning regulations, the Metropolitan Area General Plan, and the criteria set forth in the City's adopted Standards and Guidelines, and I recommend that the application be approved. Bated this d ay of May, 2009, Ah NA t xecu �v� pk4r D irecto l ir, Planning & Development Department 00226227.voc