HomeMy WebLinkAboutResolution 2019-01 01/07/2019 CITY OF SPRINGFIELD, OREGON
RESOLUTION NO. 2019-01
A RESOLUTION APPROVING A LOW-INCOME RENTAL HOUSING PROPERTY TAX
EXEMPTION FOR THE MYRTLEWOOD, LOCATED AT 1072 MAIN STREET, ASSESSOR'S MAP
17-03-35-41,TAX LOTS 4800 AND 4900 (APPLICANT ST.VINCENT DE PAUL SOCIETY OF
LANE COUNTY, INC. ON BEHALF OF THE OWNER MYRTLEWOOD LIMITED PARTNERSHIP)
WHEREAS, Myrtlewood Limited Partnership has recently constructed and owns The Myrtlewood, 35
units of housing affordable to low-income persons located at 1072 Main Street, Springfield, Oregon,
Assessor's Map 17-03-35-41, Tax Lots 4800 and 4900;
WHEREAS, St. Vincent de Paul Society of Lane County, Inc. (hereinafter"St. Vincent de Paul"or
"applicant') is the General Partner of the Myrtlewood Limited Partnership and manages The
Myrtlewood as the property manager;
WHEREAS, St. Vincent de Paul has applied to the City of Springfield for a Low-Income Rental Housing
Property Tax Exemption for The Myrtlewood on behalf of the property owner, Myrtlewood Limited
Partnership, located at 2890 Chad Drive, Eugene, OR, 97408;
WHEREAS, the Community Development Manager of the Department of Development and Public
Works, as designee of the City Manager, has reviewed the application, attached hereto as Exhibit B,
and submitted a Report and Recommendation, which is attached hereto as Exhibit A;
WHEREAS,the applicant submitted all materials required by Section 3.504 of the Springfield Municipal
Code, and is in compliance with the policies set forth in the Standards and Guidelines adopted by
Resolution No. 2018-17; and
WHEREAS,the application satisfactorily meets the criteria for approval as set forth in Section 3.506 of
the Springfield Municipal Code, as shown in the Report and Recommendation;
NOW, THEREFORE, BE IT RESOLVED BY THE COMMON COUNCIL OF THE CITY OF SPRINGFIELD:
Section : Based on the above findings, the City Council approves the application of St.
Vincent de Paul on behalf of Myrtlewood Limited Partnership for an ad valorem property tax exemption
under the City's Low-Income Rental Housing Property Tax Exemption program for The Myrtlewood, 35
units of low-income rental housing units located at 1072 Main Street in Springfield, Assessor's Map 17-
03-35-41 and Tax Lots 4800 and 4900, Tax Account number 1398500.
Section 2: This resolution serves as the certification that the portion of the property
necessary for the low-income housing units, described in Exhibit C, is exempt from ad valorem property
taxation commencing July 1, 2019, and continuing for a period of 20 years.
Section : In the event the Applicant fails to comply with the criteria and requirements as
set forth in ORS 307.515 through 307.357, Sections 3.500 through 3.508 of the Springfield Code,
Standards and Guidelines adopted by Resolution No. 2018-17 for the City's Low-Income Rental Housing
Property Tax Exemption program, and Report and Recommendation of the Community Development
Manager of the Department of Development and Public Works, Exhibit A, the City Manager may
terminate the exemption, following the procedures established in Section 3.508 of the Springfield
Municipal Code and applicable requirements under ORS 307.515 through 307.537.
Section 4: The City Manager, or the Mangers 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 fled with the Lane County Assessor on or before April 1, 2019.
Section 5: This Resolution will take effect upon adoption by the Council and approval by the
Mayor.
ADOPTED by the Common Council of the City of Springfield this L day of Ian Ary gni g
by a vote of 6 for and 0 against.
Mayor
ATTEST:
I
City F&&rder
REVIEWED&APPROVED
AS TO F
:A
OFFICE ATTORNEY
RESOLUTION NO. 2019-01