HomeMy WebLinkAboutResolution No. 5045COUNCIL RESOLUTION NO. 5045
A RESOLUTION EXTENDING THE COMPLETION DATE -
FOR CONSTRUCTION OF RESIDENTIAL UNITS
GRANTED A MULTIPLE -UNIT PROPERTY TAX
EXEMPTION UNDER RESOLUTION NO. 5032. (Paradigm
on Pearl Project; Pea_ rl Street Sustainable Housing
LLCIApplicant).
PASSED: 7:1
REJECTED:
OPPOSED: Taylor
ABSENT:
CONSIDERED: October 24, 2011
RESOLUTION No, 5045
A RESOLUTION EXTENDING THE COMPLETION DATE FOR
CONSTRUCTION OF RESIDENTIAL UNITS GRANTED A MULTIPLE -UNIT
PROPERTY TAX EXEMPTION UNDER RESOLUTION NO. 5032. (Paradigm on
Pearl Project; Pearl Street Sustainable Housing LLCIApplicant).
The City Council of the City of Eugene finds that:
A. Pearl Street Sustainable Housing LLC is the owner of real property located at 1647
through 1689 Pearl Street and 231 through 235 East 17 Avenue, Eugene, Oregon and had 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. On May 9, 2011, the City Council adopted Resolution No. 5032 approving a multiple -
unit property tax exemption for the construction of residential units on the property. That Resolution
required that construction be completed on or before January 1, 2012, and provided that no extension
was to be expected if the project was not completed by the deadline.
C. Subsection (5) of Section 2.947 of the Eugene Code, 1971 authorizes the Council to
extend the deadline for completion of construction of multiple -unit housing for an additional 12
consecutive months if it finds that the failure to complete construction by the time specified in the
resolution approving the tax exemption was due to circumstances beyond the control of the owner, and
that the owner had been acting in good faith and with due diligence.
D. The property owner advises that circumstances beyond its control have resulted in
construction delays and that completing construction by the January 2, 2012 deadline would require
workers to work up to 60 hours per week. Therefore, the property owner has requested an extension of
time until April 30, 2012, to complete construction of the residential units. An extension of the
construction completion deadline will allow workers to work a normal 40 hour work week, which will
result in labor cost savings. Those savings will be used to make additional improvements to the building
that were not included in the original plan.
E. The Council finds that the property owner has been acting in good faith and with due
diligence, and the inability to meet the January 1, 2012 construction deadline is due to circumstances
beyond its 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, Pearl Street Sustainable Housing
LLC is granted an extension to April 30, 2012, in which to complete construction of the residential units
for which a property tax exemption was granted under Resolution No. 5032, provided that the following
improvements to the project are made
(a) Use of stone masonry on the first floor along the expanse of the Pearl Street side,
rather than wood finished wainscoting.
(b) Replace large wooden power pole and streetlight on 17 Avenue and Pearl Street
with a new, architecturally appealing, metal streetlight.
(c) Include additional public seating on 17 Avenue adjacent to the courtyard
entrance.
(d) Improve the grand entrance to the building on the corner of 17 Avenue and Pearl
Street with a more elaborate design and fabricated steel and other more expensive
building materials.
(e) Take reasonable steps necessary to qualify for LEED -Gold certification.
Section 2. The City Recorder is requested to forward a copy of this Resolution to Pearl Street
Sustainable Housing LLC, and to append a copy of this Resolution to Resolution No. 5032.
Section 3. This Resolution shall become effective immediately upon its adoption.
The foregoing Resolution adopted the 24 day of October, 2011.
Deputy City Rec der