HomeMy WebLinkAboutResolution No. 4859
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COUNCIL RESOLUTION NO. 4859
A RESOLUTION EXTENDING THE
COMPLETION DATE FOR CONSTRUCTION OF
RESIDENTIAL UNITS GRANTED A MUL TIPLE-
UNIT PROPERTY TAX EXEMPTION UNDER
RESOLUTION NO. 4816, AS AMENDED UNDER
RESOLUTION NO. 4824. (ARTHUR C.
CARMICHAEL, JR. AND LARRY VON KLEIN).
PASSED: 6:1
REJECTED:
OPPOSED: Taylor
ABSENT: Bettman, Piercy
CONSIDERED: February 27,2006
RESOLUTION NO. 4859
A RESOLUTION EXTENDING THE COMPLETION DATE FOR
CONSTRUCTION OF RESIDENTIAL UNITS GRANTED A MUL TIPLE-
UNIT PROPERTY TAX EXEMPTION UNDER RESOLUTION NO. 4816,
AS AMENDED UNDER RESOLUTION NO. 4824. (ARTHUR C.
CARMICHAEL, JR. AND LARRY VON KLEIN).
The City Council of the City of Eugene finds that:
A. On December 6,2004, the City Council adopted Resolution No. 4816 approving a
multiple-unit property tax exemption for the construction of residential units at 979 Patterson
Street, Eugene, Oregon. That Resolution required construction to be completed by January 1,
2006, which was the date required by state law.
B. On February 14, 2005, the City Council adopted Resolution No. 4824 approving
an extension, authorized by state law and city code, to January 1, 2007, in which to complete
construction of the residential units for which the property tax exemption was granted under
Resolution No. 4816.
C. During the 2005 Legislative Session, the Oregon Legislature amended ORS
307.691 to revise the date by which construction must be completed under the multiple-unit
property tax exemption program from January 1,2006, to January 1,2012.
D. To maintain consistency between the Eugene Code and the amendment to ORS
307.691, on October 24, 2005, the City Council passed Ordinance No. 20350 which amended
Section 2.947(5) of the Eugene Code, 1971, to require that construction under the multiple-unit
property tax exemption program be completed by January 1, 2012.
E. Arthur C. Carmichael, Jr. and Larry Von Klein, have advised that it is not likely
that construction of the residential units can be completed by January 1, 2007, due to the
escalation of building costs from the local building boom and effects from hurricanes, and have
requested an extension to complete the project. The City Council finds that the property owners
have been acting in good faith and with due diligence, and the inability to meet the January 1,
2007 construction deadline is due to circumstances beyond their control.
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 on the above findings which are adopted, Arthur C. Carmichael, Jr. and
Larry Von Klein are granted an extension to January 1, 2008, in which to complete construction
Resolution - Page 1 of 2
of the residential units for which a property tax exemption was granted under Resolution No.
4816 on December 6, 2004.
Section 2. The City Recorder is requested to forward a copy of this Resolution to Arthur
C. Carmichael, Jr. and Larry Von Klein, and to append a copy of this Resolution to Resolution
No. 4816.
Section 3. This Resolution shall become effective immediately upon its adoption.
The foregoing Resolution adopted and effective the 27th day of February, 2006.
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City Recorder
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