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HomeMy WebLinkAboutOrdinance No. 20512COUNCIL ORDINANCE NO. 20512 COUNCIL BILL NO. 5093 AN ORDINANCE AMENDING ORDINANCE NO. 20508 TO EXTEND THE TEMPORARY SUSPENSION OF MULTIPLE UNIT PROPERTY TAX EXEMPTIONS UNDER SECTIONS 2.945 AND 2.947 OF THE EUGENE CODE, 1971, THROUGH AUGUST 31, 2013. ADOPTED: May 29, 2013 SIGNED: May 31, 2013 PASSED: 6:1 REJECTED: OPPOSED: Clark ABSENT: Syrett EFFECTIVE; July 1, 2013 AN ORDINANCE AMENDING ORDINANCE NO. 20508 TO EXTEND THE TEMPORARY SUSPENSION OF MULTIPLE UNIT PROPERTY TAX EXEMPTIONS UNDER SECTIONS 2.945 AND 2.947 • THE EUGENE CODE, 1971, THROUGH AUGUST 31, 2013. A. The City's Multiple Unit Property Tax Exemption Program under Sections 2.945 and 2.•47 • the Eugene Code, 1971 (the MUPTE program), which is enabled by state statute, was first implemented by the City in July of 1977. Since its initial implementation, the MUPTE program has been modified various times. B. On February 27, 2013, Ordinance No. 20508 was adopted suspending th MUPTE program until July 1, 2013, to allow Council time to evaluate the MUPTE program an determine whether changes should be made to the program. Section 1. The findings set forth above are adopted. Section 2. Section 3 of Ordinance No. 20508 is amended by extending the sunset date to August 31, 2013. 0 1 1 1 'Pirmyr an day of 1±1 JJAA hlt City Recorder Mayor Ordinance - Page 1 of 1