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HomeMy WebLinkAboutResolution No. 5431COUNCIL RESOLUTION NO. 5431 A RESOLUTION APPROVING A LOW-INCOME RENTAL HOUSING PROPERTY TAX EXEMPTION FOR PROPERTY. LOCATED ON RIVER ROAD AND HUNSAKER AVENUE IN EUGENE, OREGON (ASSESSOR'S MAP 17-04-11-41, TAX LOTS 05701 AND 05900; ASSESSOR'S PROPERTY ACCOUNT NOS. 1917208 AND 0370815) (APPLICANT LAUREL HILL CENTER) PASSED: 7:0 REJECTED: OPPOSED: ABSENT: Groves CONSIDERED: January 27, 2025 m RESOLUTION NO. 5431 A RESOLUTION APPROVING A LOW-INCOME RENTAL HOUSING PROPERTY TAX EXEMPTION FOR PROPERTY LOCATED ON RIVER ROAD AND HUNSAKER AVENUE IN EUGENE, OREGON (ASSESSOR'S MAP 17-04-11-41, TAX LOTS 05701 AND 05900; ASSESSOR'S PROPERTY ACCOUNT NOS. 1917208 AND 0370815) (APPLICANT LAUREL HILL CENTER) The City Council of the City of Eugene finds that: A. Laurel Hill Center (2145 Centennial Plaza, Eugene, Oregon, 97401) is the owner of real property located on River Road and Hunsaker Avenue in Eugene, Oregon (Assessor's Map 17-04-11-41, Tax Lots 05701 and 05900; Assessor's Property Account Nos. 1917208 and 0370815), more particularly described in Exhibit A attached to this Resolution ("the Property"). B. Laurel Hill Center (2145 Centennial Plaza, Eugene, Oregon, 97401) (the applicant) has submitted an application for an exemption from ad valorem taxes on the Property beginning July 1, 2025, under the City's Low -Income Rental Housing Property Tax Exemption Program (EC 2.937 to 2.940). C. The Property for which the tax exemption is being sought is being held for future development of low-income housing. The applicant will develop the Property with at least 35 low-income units, including a mix of studio units and one -bedroom units. As development and financing activities progress, that mix of units may change a bit, but regardless of any changes in the mix of unit types, the applicant has committed to construct at least 35 low-income units on the Property. The applicant is seeking 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 thepolicies 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(4), 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 Laurel Hill Center for an ad valorem tax exemption under the City's Low -Income Rental Housing Property Tax Exemption Program for the property identified as Assessor's Map 17-04- Resolution - Page 1 of 2 11-41, Tax Lots 05701 and 05900; Assessor's Property Account Nos. 1917208 and 0370815; and more particularly described in Exhibit A attached to this Resolution, which will be developed with at least 35 low-income units. Section 2. The land and units described in Section 1 above are declared exempt from local ad valorem property taxation commencing July 1, 2025, and continuing for a continuous period of 20 years unless earlier terminated in accordance with the provisions of Section 2.940 of the Eugene Code, 1971, which provides for termination after and an opportunity to be heard if: 2.1 Construction or development of the exempt property differs from the construction or development described in the application for exemption, or was not completed by July 1, 2030, and no extensions or exceptions were granted; or 2.2 The applicant fails to comply with provisions of ORS 307.515 to 307.523, provisions of the Eugene Code, 1971, the Standards and Guidelines adopted by Council Resolution No. 5297, or any conditions imposed in this Resolution. The tax exemption shall be terminated immediately, without right of notice or appeal, pursuant to the provisions of ORS 307.531 in the event that the county assessor determines that a change of use to other than that allowed has occurred for the housing units, or portion thereof, or, if after the date of this approval, a declaration as defined in ORS 100.005 is presented to the county assessor or tax collector for approval under ORS 100.110. Section 3. The City Manager, or the Manager's designee, is requested to forward a copy of this Resolution to the applicant within 10 days from the date of adoption of this Resolution, and to cause a copy of this Resolution to be filed with the Lane County Assessor on or before April 1, 2025. The copy of the Resolution sent to the applicant shall be accompanied by a notice explaining the grounds for possible termination of the exemption prior to the end of the exemption period and the effects of the termination. Section 4. This Resolution is effective immediately upon its passage by the City Council. The foregoing Resolution adopted the 2711' day of January, 2025. &"IL .'city R o ler Resolution - Page 2 of 2 Memorandum Date: May 15, 2025 To: Katie LaSala, City Recorder From: Lauren A. Sommers, Assistant City Attorney Subject: Explanation re Exhibit A It has come to our attention that Resolution No. 5431 (A Resolution Approving a Low -Income Rental Housing Property Tax Exemption for Property Located on River Road and Hunsaker Avenue in Eugene, Oregon (Assessor's Map 17-04-11-41, Tax Lots 05701 and 05900; Assessor's Property Account Nos. 1917208 and 0370815) (Applicant Laurel Hill Center), which was adopted on January 27, 2025; was adopted without the Exhibit A referenced in the resolution. The Exhibit A referenced in the resolution would have included a legal description of the affected property, but it was not attached to the resolution adopted by the Eugene City Council. However, the adopted resolution complies with Section 2.939(8)(c) which requires either a legal description of the property or the county assessor's property account number because the resolution includes the county assessor's property tax account numbers for the property subject to the exemption. Please attach a copy of this memo to Resolution No. 5431.