COUNCIL ORDINANCE NO. 20564 COUNCIL BILL 5155

COUNCIL ORDINANCE NO. 20564

COUNCIL BILL 5155

AN ORDINANCE ADOPTING AN AMENDED URBAN RENEWAL PLAN FOR THE DOWNTOWN URBAN RENEWAL DISTRICT.

ADOPTED: June 13, 2016

SIGNED: June 14, 2016

PASSED: 5:3

REJECTED:

OPPOSED: Brown, Taylor, Zelenka

ABSENT:

EFFECTIVE: July 14, 2016

Ordinance -- Page 1 of 4

ORDINANCE NO. 20564

AN ORDINANCE ADOPTING AN AMENDED URBAN RENEWAL PLAN FOR THE DOWNTOWN URBAN RENEWAL DISTRICT.

The City Council of the City of Eugene finds that:

A. The Downtown Urban Renewal Plan (the “Plan”) was initially adopted on July 3, 1968, by Resolution No. 257 of the Urban Renewal Agency of the City of Eugene (the “Agency”), and on December 19, 1968, by Resolution No. 1609 of the Eugene City Council. The Plan has subsequently been amended, most recently on May 24, 2010, by Ordinance No. 20459 of the Eugene City Council.

B. Starting in December 2015, the City Council considered downtown improvements with the desire to foster a vibrant downtown, provide near-term economic stimulus, and prepare for the 2021 World Track and Field Championships in a way that results in long-term benefit to the community. The City Council considered different funding mechanisms, including urban renewal, for funding those improvements.

C. In March 2016, the City Council, acting as the Urban Renewal Agency Board of

Directors (the “Agency Board”), decided that, as an option for funding the desired downtown improvements, the public should be provided an opportunity to comment on whether the Plan should be amended and, if so, what projects should be included. To meet the timelines for a possible adoption, the Plan would include four possible projects, with the extent of funding for the possible projects to be determined after the public has commented. In accordance with the provisions of ORS 457, in March 2016, the Agency Director prepared an amended Plan (the “proposed Plan”) which included a range of options with the maximum being:

(1) Increasing the maximum indebtedness by $48 million, to a total of $96.6 million, to cover the specific projects itemized in Finding D;

(2) Continued annual review of tax increment projects by a community member

panel (the Expenditure Review Panel); and

(3) Expanding the boundary by 10% (7 acres) to incorporate the East Park Block area and the City Hall block.

D. The four possible downtown projects are consistent with the outcomes set forth in

Finding B above, and the proposed Plan included these projects:

(1) High-Speed Fiber. Creation of high-speed fiber network downtown will reduce costs and increase telecommunications speed to support existing businesses and new businesses. High-speed fiber supports employment growth and attracts new


investments downtown. The service would also support City, Lane Community College, Lane County, Lane Council of Governments, and 4J and Bethel school districts.

(2) Improved Space for Farmers’ Market. Improvements to the Park Blocks

along 8th Avenue, or another downtown location, will make the location more attractive, functional, and permanent for a possible year-round Farmers’ Market. The Lane County Farmers’ Market is a cornerstone of downtown activity and one of the most significant public events in the city.

(3) Lane Community College (LCC) Old Building. LCC wants to redevelop

its former education facility at 1059 Willamette Street. Recent discussions included creating a multi-tenant facility that could house maker space, co-working space, wet labs, and affordable business startup and art incubation space. Redevelopment of the vacant 66,000 square foot building would require extensive repairs.

(4) Park Blocks & Open Space Improvements. A broad public engagement

effort would collect input from the community on their hopes and vision for the Park Blocks and other downtown open spaces (i.e. Hult Center Plaza, Broadway Plaza, and the new City Hall Plaza). Specific improvements could include more restrooms, lighting, seating, signage, security, paving, or landscaping. E. On March 14, 2016, the Agency Board considered a draft of the proposed Plan and

accompanying Report on the Urban Renewal Plan for the Downtown Urban Renewal District (the “Report”) and then forwarded it to the City Council for a public hearing and possible adoption.

F. On April 15, 2016, a draft of the proposed Plan and the Report were forwarded to the governing body of each taxing district affected by the Plan with an offer to consult and confer with each district. On May 11, 2016, the LCC Board of Directors voted in support of the proposed projects, for inclusion in the Plan amendment and the use of tax increment financing as the funding mechanism. The Lane County Board of County Commissioners (BCC) reviewed the proposed plan amendment on May 17, 2016, expressed support for the amendment, and approved a letter of support on May 24, 2016. (See Finding J for School District 4J action.)

G. On April 18, 2016, notice of the proposed Plan was sent to owners of property within the City as required by ORS 457.120(1). The notice included, but was not limited to, the date, time and place of the public hearing, in addition to the website where the proposed Plan and the Report could be viewed.

H. On May 9, 2016, the Planning Commission met to review the proposed Plan and Report, and recommended approval based on the City’s planning policies.

I. After the notice was mailed pursuant to ORS 457.120, the City Council conducted

a public hearing on May 23, 2016, on the proposed Plan.

J. State law, ORS 457.220(4), limits how much a municipality can increase maximum indebtedness. The proposed Plan would increase the original maximum indebtedness by more


than 20%, which would exceed the limitation. ORS 457.470(7), however, also provides that the limitations “do not apply to the extent the municipality approving a plan obtains the written concurrence of taxing districts imposing at least 75 percent of the amount of taxes imposed under permanent rate limits in the urban renewal area.” Together, School District 4J and the City impose at least 75% of the amount of taxes imposed under permanent rate limits in the urban renewal area. On May 18, 2016, the Board of Eugene School District 4J voted “to concur with the Eugene City Council’s proposed plan amendment to increase maximum indebtedness for the Downtown Urban Renewal District by up to $48 million in accordance with ORS 457.220 and 457.470(7)”. The City concurs with that increase in maximum indebtedness by enacting this ordinance.

K. Based on the recommendations of the Agency Board and the Planning Commission, and the written and oral testimony before the Planning Commission and the City Council, the City Council hereby amends the proposed Plan (the “revised, proposed Plan”) and specifically finds and determines that:

(1) The revised, proposed Plan includes the following:

(a) Increasing the maximum indebtedness by $19.4 million, to a total of $66 million, to cover the specific projects itemized in Finding D above, with a specific prohibition on using funds for either the City Hall building or for a parking lot on the City Hall block;

(b) Continued annual review of tax increment projects by the

Expenditure Review Panel; (c) Additional public process, including community engagement and a

public hearing, before the Agency Board can approve spending tax increment funds to construct any of the projects described in paragraphs (2), (3), and (4) in finding D above; and

(d) Expanding the boundary by 7% (5 acres) to incorporate the East

Park Block area and a portion of the City Hall block.

(2) The area defined in the revised, proposed Plan is blighted for the reasons explained in Exhibit C to this Ordinance;

(3) The rehabilitation and redevelopment described in the revised, proposed

Plan is necessary to protect the public health, safety or welfare of the City;

(4) The revised, proposed Plan conforms to the Metropolitan Area General Plan, State Land Use Planning Goals, the Downtown Plan, the adopted Growth Management Policies, the Vision for Greater Downtown Eugene, Envision Eugene, and other adopted City plans and policies, and provides an outline for accomplishing the urban renewal projects proposed in the revised, proposed Plan;

Ordinance Exhibit A Downtown Urban Renewal Plan 2016 Amendment

UrbanRenewalPlanforthe

DowntownUrbanRenewalDistrict

AdoptedJuly1968‐Modified‐

December1968December1989

June1998September13,2004

May24,2010June13,2016

UrbanRenewalAgencyoftheCityofEugene,Oregon

URBANRENEWALPLANFORTHEDOWNTOWNURBANRENEWALDISTRICT

TableofContentsSection100–Introduction .......................................................................................................................... ‐ 2 ‐ Section200–Definitions ............................................................................................................................. ‐ 2 ‐ Section300–LegalDescription .................................................................................................................. ‐ 3 ‐ Section400–GoalsandObjectives ............................................................................................................ ‐ 3 ‐ A. GOALS .......................................................................................................................................................... - 3 - B. OBJECTIVES ................................................................................................................................................ - 4 -

Section500–LandUsePlan ........................................................................................................................ ‐ 4 ‐ Section600–UrbanRenewalProjects ....................................................................................................... ‐ 5 ‐ A. PUBLICPARKS,PUBLICPLAZAS,FARMERS’MARKET,PUBLICRESTROOMS,PUBLICOPENSPACES,

ANDSTREETS ............................................................................................................................................. - 5 - B. PUBLICUTILITIES:High‐SpeedFiber ...................................................................................................... - 6 - C. OTHERPUBLICFACILITIES:OldLCCBuilding ......................................................................................... - 6 - D. PROJECTDELIVERYANDADMINISTRATIVEACTIVITIES ...................................................................... - 7 - E. EXISTINGACTIVITIES ................................................................................................................................ - 7 -

Section700–MethodsforFinancingtheProjects .................................................................................... ‐ 8 ‐ Section800–AnnualFinancialStatementRequired ................................................................................ ‐ 8 ‐ Section900–CommunityMemberParticipation ..................................................................................... ‐ 8 ‐ Section1000–Non‐Discrimination ............................................................................................................ ‐ 9 ‐ Section1100–RecordingofthisPlan ........................................................................................................ ‐ 9 ‐ Section1200–ProceduresforChangesorAmendments ......................................................................... ‐ 9 ‐ A. TYPEONEAMENDMENT–SUBSTANTIALCHANGEREQUIRINGSPECIALNOTICE ............................ - 9 - B. TYPETWOAMENDMENT–SUBSTANTIALCHANGENOTREQUIRINGSPECIALNOTICE ................... - 9 - C. TYPETHREEAMENDMENT–MINORAMENDMENT .............................................................................. - 9 - D. AMENDMENTTOTHECITY’SCOMPREHENSIVEPLANORANYOFITSIMPLEMENTINGORDINANCES ... - 9 -

Section1300–DurationandValidityofApprovedPlan ........................................................................ ‐ 10 ‐ A. DURATIONOFTHEPLAN ........................................................................................................................ - 10 - B. VALIDITY ................................................................................................................................................... - 10 -

Section1400–MaximumIndebtedness .................................................................................................. ‐ 10 ‐ Section1500–FormalMatters ................................................................................................................. ‐ 11 ‐ PLANEXHIBITA:PlanAreaMap .............................................................................................................. ‐ 12 ‐ PLANEXHIBITB:PlanAreaDescription ................................................................................................. ‐ 13 ‐

DowntownUrbanRenewalPlan–2016Amendment 1

I.ADOPTION ResolutionNumber Date Purpose

ResolutionNo.257

7/3/1968 AdoptionoftheUrbanRenewalPlanfortheCentralEugeneProject(thePlan).

II.AMENDMENTS

AmendmentNumber Date Purpose

ResolutionNo.1609

12/19/1968 o ModifiedthePlantoallowforadditionalprojectsasrequiredbyHUDtoreceiveadditionalfederalfunds.

OrdinanceNo.19648

11/8/1989 o AlignedthePlanwithMetroPlanpolicies:strengthenthearea'spositionasaregionalservicecenter,maintaintheEugenecentralbusinessdistrictasavitalcenter,incorporateprinciplesofcompacturbangrowth,encourageretailandcommercialdevelopmentinthedowntownarea,andpromotethedevelopmentofparkingstructuresinthedowntowncore.

o ExpirationsetforFY10.

OrdinanceNo.20120

6/1/1998 o RespondedtoMeasure50toa)includeamaximumamountofindebtednessandb)selectOption1forthecity‐widespeciallevyasthemethodforcollectingadvalorempropertytaxesforpaymentofdebtsrelatedtourbanrenewalprojects.

o Limitedexpenditureofnewfundstocompletingexistingprojectsandconstructionofanewmainlibrary.

o Removedthebusinessassistanceloanprogram.o Approvedaplantoreducedistrictadministrationcostsoverthe

followingthreeyears.OrdinanceNo.20328

9/13/2004 o Expandedtheprojectsforwhichtaxincrementfundscouldbeused

o Createdapublicadvisorycommitteeo AddedtherequirementforspecificAgencyapprovalofprojects

greaterthan$250,000(otherthanloans),andaddingalimitof$100,000onthemandateforapublichearingintheeventofaplanchange(appliestominoramendmentsthatcanbeapprovedbytheURAwithoutORS457.095approval–Section1200,Cofthe2004Plan).

o AddedtheDowntownRevitalizationLoanProgram(DRLP).o Expirationsetfor2024.

OrdinanceNo.20459

5/24/2010 o Limitedscopeoftwopreviouslyapprovedprojects,removedtheabilitytoinitiateallotherpreviouslyapprovedprojects,andauthorizedonenewprojectexpenditureofnewfundstocompletingexistingprojectsandconstructionofanewmainlibrary.

o Exceptforthethreeprojectsandexistingprojectspreviouslyapprovednoinitiationofadditionalprojects.

o ExpirationupontherepaymentordefeasanceofdebtrelatedtotheurbanrenewalprojectsspecificallyidentifiedinthePlan.


URBANRENEWALPLANFORTHE

DOWNTOWNURBANRENEWALDISTRICT

Section100–IntroductionTheDowntownUrbanRenewalPlanwasrevisedin2016toexpandapreviouslyapprovedprojectandtoauthorizeseveralnewprojects.Thepreviouslyapprovedprojectis“PublicParks,PublicPlazas,PublicRestRooms,PublicOpenSpaces,andStreets:ParkBlocksImprovementsfortheFarmers’Market”,whichwillbeexpandedtofundimprovedparksandplazasthroughoutthePlanArea,includingimprovementstotheParkBlocksforoverallcommunityuse,tosupportthecontinuedusefortheSaturdayMarket,andtoassistinthedevelopmentofanimprovedpermanentFarmers’MarketinthePlanArea.Thenewprojectsare“PublicUtilities:High‐SpeedFiber”fortheimplementationcoststhatbenefitthePlanArea,and“OtherPublicFacilities:OldLaneCommunityCollegeBuilding”fortheredevelopmentofthenowvacantschoolbuilding.Exceptfortheseprojects,theAgencywillnotinitiateadditionalprojectstobefundedwithtaxincrementdollarsafterthedateofthis2016Amendment.TheDowntownUrbanRenewalDistrictwillceasecollectingtaxincrementdollarsandreturnanyunusedtaxincrementfundstoLaneCountyforredistributiontooverlappingtaxingdistrictsasprovidedinSection1300Aofthisplan.

Section200–DefinitionsThefollowingdefinitionswillgovernthisPlan.2016AmendmentmeanstheupdatetothePlanthatwascompletedin2016.AgencymeanstheUrbanRenewalAgencyoftheCityofEugene.ButterflyParkingLotmeansthepropertyonthenorthwestcornerof8thAvenueandOakStreetthatisownedbyLaneCountyandinuseasatwo‐levelparkingstructure.DowntownPlanmeanstheEugeneDowntownPlanasadoptedbytheEugeneCityCouncilin2004asarefinementoftheEugeneSpringfieldMetropolitanAreaGeneralPlan.EugeneFiberImplementationPlanmeanstheplantoextendthemunicipalhigh‐speedfibernetworktodowntownbuildingsandestablishthehigh‐speedconnectionbetweenlocalandregionalinternetexchanges.High‐SpeedFibermeanstheportionoftheEugeneFiberImplementationPlanthatislocatedwithinthePlanAreaandthatbenefitsthePlanArea.


OldLCCBuildingmeansthe66,000squarefootbuildingat1059WillametteStreetownedbyLaneCommunityCollegeandvacatedinJanuary2013whenthenewLaneCommunityCollegeDowntownCampusopenedat10thAvenueandOliveStreet.PlanmeansthisUrbanRenewalPlanfortheDowntownDistrict.PlanAreameansthepropertyincludedintheDowntownUrbanRenewalDistrictasmorefullydescribedinSection300.ProjectsmeansonlytheurbanrenewalprojectsthatarelistedinSection600ofthePlan,asamendedbythe2016Amendment.TaxIncrementFinancingmeansamethodoffinancingurbanrenewalprojectsasauthorizedbyORSChapter457.WillamettetoWillametteInitiativemeansthecollectionofprojectsfocusingoninfrastructureandactivityalong8thAvenuebetweentheWillametteRiverandWillametteStreet.

Section300–LegalDescriptionTheDowntownUrbanRenewalDistrictincludesanareaofapproximately75acres.ThePlanAreaincludesallofthelandwithintheboundariesdesignatedonthemapattachedasPlanExhibitAanddescribedascontainingalllotsorparcelsofpropertysituatedintheCityofEugene,CountyofLane,StateofOregon,boundedgenerallyasdescribedinPlanExhibitB.

Section400–GoalsandObjectivesA. GOALSThegoalsofthePlanareto:

1. Improvethefunction,condition,andappearanceofthePlanAreathrough:a. Infrastructureimprovementstoparks,plazas,andopenspacetoprovidean

invitingcivicspacealignedwiththeWillamettetoWillametteInitiative,andinvitingandaccessibleconnectionsbetweentheparks,plazasandopenspace;

b. AssistinginthecreationofanimprovedpermanentFarmers’Marketthatwillreinforcecultural,commercialandredevelopmentactivitiesdowntownandbringthousandsofpeopleintothePlanAreatopurchasefarmfreshproduceandotherproducts,includingpeoplewhootherwisewouldnottravelintothePlanArea;

c. Constructionofcriticalutilityhigh‐speedfiber;d. RedevelopmentoftheOldLCCBuildingintoanactiveuse,bringingmore

peopleintothePlanArea,therebymakingtheentirePlanAreamore


attractiveforotherbusinessesandremovingtheblightinginfluenceofavacantbuildinginasignificantlocationalongWillametteStreet.

2. Eliminateblightandblightinginfluences;

3. StrengthentheeconomicconditionsofthePlanArea;and

4. Enhancedowntown’sroleastheregionaleconomic,governmental,andculturalcenterandacentrallocationforpublicandprivatedevelopmentandinvestment.

B. OBJECTIVESDevelopmentinthePlanAreahasbeenintendedtoimplementtheadoptedpoliciescontainedintheDowntownPlanandtodevelopdowntownastheheartofalivable,economicallystrong,andsustainablecity.TheobjectivesforthePlanaretoensurethat:

1. Theparks,plazas,Farmers’Market,andopenspaceprovideinvitingcivicspaces:a. BenefitthePlanAreaandcommunityoveralltobringevenmorecommunity

membersintothePlanAreaandallowforaccessibilityandconnectivitybetweenthepublicspaces,

b. BenefitthecommunityoverallandtheFarmers’MarketwithanimprovedpermanentspaceinthePlanAreasothemarketcancontinuetobringhundredsofcommunitymembersintothePlanAreaandremainviableasanorganization,and

c. Benefitdowntown,asathletes,visitors,mediaandlocalresidentsareinthecenterofourcityfortheWorldTrackandFieldChampionshipsin2021;

2. High‐speedfibercan:

a. Increaseinternetspeedforlowermonthlycosts;b. Increasethecompetitivenessoftheexistingtechnologysector,whichwill

increasethenumberandsizeoftechnologybusinessesandrelatedjobs,inaccordancewiththeRegionalProsperityEconomicProsperityPlan;

c. ReducecostsandincreasedtelecommunicationsspeedfortheCity,LaneCommunityCollege,LaneCounty,LaneCouncilofGovernments(LCOG),4JandBethelschooldistricts;and

d. LowerthecostoftelecommunicationsserviceforresidentialbuildingsinsidethePlanAreaandatleasttwoexistingaffordablehousingprojectswithinoneblockofthePlanArea;

3. RedevelopmentoftheOldLCCBuildingwilltransformalarge,vacantbuildingadjacenttoLaneTransitDistrictintoanactiveusecontributingtodowntownvitality.

Section500–LandUsePlanTheuseanddevelopmentofalllandwithinthePlanAreashallcomplywiththeregulationsprescribedintheCity’scomprehensiveplan,zoningordinance,subdivisionordinance,City


charter,oranyotherapplicablelocal,StateorFederallawsregulatingtheuseofpropertywithinanurbanrenewalarea.

Section600–UrbanRenewalProjectsToachievetheobjectivesofthisPlan,theAgencymayincurindebtednesstofinancethefollowingurbanrenewalprojects,andnoothers,andmaypaythatindebtednesswithtaxincrementfunds:A. PUBLICPARKS,PUBLICPLAZAS,FARMERS’MARKET,PUBLIC

RESTROOMS,PUBLICOPENSPACES,ANDSTREETSFormerSection600AofthePlanauthorizedtheAgencytoparticipateinfundinginfrastructureimprovementstotheParkBlocksinordertomakethatlocationmoreattractiveandfunctionalfortheFarmers’Market.Beginningwiththeeffectivedateofthe2016Amendment,theAgencywillalsobeabletousetaxincrementfundsinthePlanAreatohelpcreateanimprovedpermanentFarmers’Market(nottoexceedanadditional$4millionofsuchfunds),aswellastoimproveanypublicparks,publicplazas,restrooms,openspaces,streets,andsidewalkswithinthePlanArea(nottoexceed$5.2millionofsuchfunds).TheAgencymayspendtaxincrementfundsoninfrastructureimprovementstotheseelementsthatmayincludethedesign,acquisition,constructionorrehabilitationofpublicspaces,orparksorpublicfacilitieswithinthePlanArea,includingbutnotlimitedtoshelters,buildings,landscaping,walkways,plazas,accessibilityimprovements,lighting,furniture,andart.Aportionofthattotalmayalsobespentonchangestothesurroundingstreets(e.g.8thAvenue,OakStreet,andParkStreet),reincorporatingthesiteoftheButterflyParkingLotaspartofthehistoricfourcornersoftheParkBlocks,andconnectingthepublicspacesaspartoftheWillamettetoWillametteInitiative.However,taxrevenuefundsshallnotbeusedtopayforconstructionofanewCityHallbuilding,nortopayforaparkinglotontheblockboundedbyPearlStreet,8thAvenue,HighStreet,and7thAvenue.CommunityEngagement&ApprovalProcess:PriortotheapprovalofconstructionforanyoftheimprovementsauthorizedbythissubsectionA,theAgencyshallcompletethefollowingactivities:

1. Thecommunitywillbeinvitedtosharetheiraspirationsandvisionforthepublicparks,plazas,openspacesandstreetsinthePlanArea.Inaddition,thecommunitywillbeinvitedtoshareideasaboutanimprovedpermanentFarmers’Marketbeforefundingcanbeapprovedforconstruction.

2. AgencystaffshallpresenttotheCity’selectedofficialstheinformationfromthecommunityengagementactivitiesidentifiedinparagraph1.Inaddition,staffwillestimatecostsforthespecificprojectorprojects,aswellaspossiblefundingmechanismsthatcouldbeauthorizedbyeithertheAgencyBoardortheCityCouncil,includingsuchmechanismsastaxincrementfinancing,grants,GeneralObligationbonds,GeneralFunddollars,andprivatecontributions.


3. Followingorconcurrentlywiththepresentationoftheinformationinparagraph2,apublichearingshallbeheldtoallowthepublictocommentdirectlytotheelectedofficialsonwhetheraspecificprojectshouldmoveforward,andifso,howitshouldbefunded.

4. Followingthepublichearing,theAgencyBoardmayauthorizetheuseoftaxincrementfinancingforthespecificprojectorprojectsthatwerethesubjectofthepublichearing,oralternatively,decidethatadifferentfundingmechanismshouldbeusedforallorpartofthecostofconstructingtheproject.

B. PUBLICUTILITIES:High‐SpeedFiberTheAgencymayassistwiththeEugeneFiberImplementationPlantoextendthemunicipalhigh‐speedfibernetworktodowntownbuildingsandtoestablishthehigh‐speedconnectionbetweenlocalandregionalinternetexchangesforcostsattributabletothePlanAreausingtaxincrementfundsnottoexceed$3million.InstallingDowntownFiber:The2013CityofEugeneBroadbandStrategicPlanidentifiedthedevelopmentofadowntownfibernetworkasastrategicgoal.AftercompletionoftheStrategicPlan,CitystaffworkedwithLaneCouncilofGovernments(LCOG)andtheEugeneWaterandElectricBoard(EWEB)onasuccessfulpilotproject,totestthefeasibilityofimplementingadowntownnetwork.TheCity,EWEB,andLCOGidentifiedaworkablemethodtoconnectseveralcommercialbuildingsbyrunningfiberopticscablesthroughexistingelectricalconduit.WithLCOG,EWEB,andtheTechnologyAssociationofOregon,theFiberImplementationPlana)callstoconstructfiberconnectionstoadditionaldowntownbuildingsandb)includesthecostsandbenefitsofleasingapubliclyoperatedconnectionfromalocalinternetconnectionpointtolarge,regionalinternetexchanges.High‐speedfiberwillserveandbenefitthePlanAreabecause:(1)existingbusinessesandnewbusinessesbenefitingfromthehighspeedandcompetitivemarketwillgrowemploymentandattractnewinvestmentstothePlanArea;(2)residentsofhousinginthePlanAreawillhaveanaddedbenefitforlivingwithininthePlanArea;and(3),andpublicagencieswillhavereducedcostsandincreasedtelecommunicationspeed.

C. OTHERPUBLICFACILITIES:OldLCCBuildingTheAgencymayprovideupto$6millionintaxincrementfundsaspartofredevelopmentoftheOldLCCBuilding,whichmayincludehousingoractivitiesthatadvancetheRegionalProsperityEconomicDevelopmentPlan(e.g.,aninnovationcenterwithmakerspace,wetlab,orart/techincubator).ThebuildingwillbenefitthePlanAreabyincreasingpublicusageoftheareaandstimulatingadditionalpublicandprivateinvestment.ThisworkwouldincludeLaneCommunityCollegeandcouldincludecollaborationwithothers.PriortotheapprovaloftaxincrementfundsforconstructionoftheseimprovementstheAgencyshallfollowthepublicinputandapprovalprocessidentifiedinsubsectionAofthissection600.


D. PROJECTDELIVERYANDADMINISTRATIVEACTIVITIESManyoftheAgency’sprojectdeliveryandadministrativeactivitiesareprovidedthroughacontractbetweentheCityofEugeneandtheAgencydatedJune15,2004.

1. TheAgencymayretaintheservicesofindependentprofessionalpeopleororganizationstoprovideprojectdeliveryadministrativeortechnicalservicessuchas:

a. Projectmanagement;

b. Preparationofmarket,feasibility,orothereconomicstudies;

c. Publicengagement;

d. Preparationofdesign,architectural,engineering,landscapingarchitectural,planning,development,orotherdevelopmentalstudies;

e. Preparationofpropertyacquisitionappraisals;

f. Provisionofspecialrehabilitation,restoration,orrenovationfeasibilityandcostanalysisstudies;

g. Provisionoflegal,debtissuance,accountingorauditservices;

h. AssistancewithpreparationoftheannualfinancialreportrequiredunderSection800ofthisPlanandthefinancialreviewrequiredunderSection900ofthisPlan;and

i. SupportongoinginvestmentswithinthePlanArea(e.g.potentialnewbusinesses,existingbusinesseswithexpansion,dealingwithsafetyissues).

2. TheAgencymayacquire,rent,orleaseofficespaceandofficefurniture,equipment,andfacilitiesnecessaryforittoconductitsaffairsinthemanagementandimplementationofthisPlan.

3. TheAgencymayinvestitsreservefundsininterest‐bearingaccountsorsecuritiesauthorizedunderORS294.

4. TheAgencymayborrowmoney,acceptadvances,loans,orgrantsfromanylegal

source,issueurbanrenewalbondsandreceivetaxincrementproceedsasprovidedforinSection700ofthisPlan.

E. EXISTINGACTIVITIESTheAgencymaycompleteurbanrenewalprojectsauthorizedpriortothe2016Amendment(forexample,theBroadwayCommerceCenterandWoolworthBuildingprojectsatWillametteandBroadway,repaydebtissuedforLCC’sDowntownCampusandtheBroadwayPlaceGarages,andimprovementstodowntownlighting).TheFarmers’Marketimprovementsthatwereauthorizedinthe2010AmendmentarepartoftheexpandedFarmers’MarketprojectidentifiedinSection600A.TheAgencyalsomay


continuetooperatetheDowntownRevitalizationLoanProgram.Alldollarsloanedmustcomefromprogramrevenueandnotfromtaxincrementfunds.

Section700–MethodsforFinancingtheProjectsTheAgencymayborrowmoneyandacceptadvances,loans,grants,andotherlegalformsoffinancialassistancefromtheFederalgovernment,State,City,County,orotherpublicbody,orfromanysource,publicorprivate,forthepurposesofundertakingandcarryingouttheProjectsauthorizedbythisPlan.Advaloremtaxes,ifany,leviedbyataxingbodyuponthetaxablerealandpersonalpropertysituatedinthePlanArea,shallbedividedinaccordwithandpursuanttoSection1c,ArticleIXoftheOregonConstitutionandORS457,andusedbytheAgencyfortheProjectsauthorizedbythisPlan.TheAgencyshalladoptanduseafiscalyearendingJune30accountingperiod.Eachyear,theAgencyshalldevelopabudgetinconformancewiththeprovisionsofORSChapter294andORS457,whichshalldescribesourcesofrevenue,proposedexpenditures,andactivities.

Section800–AnnualFinancialStatementRequired

AfinancialstatementshallbepreparedandprovideinformationinaccordancewithORS457.ThestatementshallbefiledwiththeCityCouncilandnoticeshallbepublishedinaccordancewithORS457.

Section900–CommunityMemberParticipationTheactivitiesandprojectsdefinedinthisPlan,andtheadoptionofamendmentstothisPlanshallbeundertakenwiththeparticipationofcommunitymembers,owners,tenantsasindividuals,andorganizationswhoresidewithinorwhohavefinancialinterestwithinthePlanAreatogetherwiththeparticipationofgeneralresidentsoftheCity.TheAgencyshallconvenenotlessthanonceeachyearacommitteeofsuchpersonsto:a)prepareareportontheactivitiesoftheAgencyforthepreviousfiscalyear,andb)determinewhethertheAgency’sexpenditureoftaxincrementdollarswaslimitedtotheprojectsauthorizedbythisPlanandtheassociatedadministrativecostsauthorizedbythePlan.PriortotheapprovaloftaxincrementfundsforconstructionofSection600AandCimprovementstheAgencyshallfollowthe“communityengagementandapprovalprocess”identifiedinsubsectionAofSection600.


Section1000–Non‐DiscriminationInthepreparation,adoption,andimplementationofthisPlannopublicofficialorprivatepartyshalltakeanyactiontocauseanyperson,group,ororganizationtobediscriminatedagainstinamannerthatviolatesSection4.613oftheEugeneCode,1971.

Section1100–RecordingofthisPlanAcopyofthisPlanshallberecordedwiththerecordingofficerofLaneCounty.

Section1200–ProceduresforChangesorAmendmentsThePlanwillbereviewedandanalyzedperiodicallyandmayneedtobemodifiedbasedonpublicengagementresults,designengineeringforthefiberproject,projectnegotiationsfortheFarmers’Market,andprojectscopingfortheOldLCCBuilding.TypesofPlanAmendmentsare:A. TYPEONEAMENDMENT–SUBSTANTIALCHANGEREQUIRINGSPECIAL

NOTICETypeOneamendmentsshallrequireapprovalperORS457.095,andnoticeasprovidedinORS457.120.TypeOneplanchangeswillconsistof:

1. IncreasesinthePlanAreaboundaryinexcessofonepercent(1%)oftheexistingareaofthePlan.

2. Increasesinthemaximumindebtednessthatcanbeissuedorincurredunder

thisPlan.B. TYPETWOAMENDMENT–SUBSTANTIALCHANGENOTREQUIRING

SPECIALNOTICETypeTwoamendmentsshallrequireapprovalperORS457.095,butwillnotrequirenoticeasprovidedinORS457.120.TypeTwoamendmentswillconsistofanychangeoradditionstotheprojectslistedinSection600.C. TYPETHREEAMENDMENT–MINORAMENDMENTMinoramendmentsareanychangethatdoesnotrequireaTypeOneorTypeTwoamendmentandmaybeapprovedbytheAgencyBoardinresolutionform.

D. AMENDMENTTOTHECITY’SCOMPREHENSIVEPLANORANYOFITS

IMPLEMENTINGORDINANCESShouldtheCityCouncilamendtheCity’scomprehensiveplanoranyofitsimplementingordinancesandshouldsuchamendmentcauseasubstantialchangetothisPlan,theCityCouncilamendingactionshallcausethisPlantobeamendedprovidedthatthePlanningCommissionandCityCouncilapprovetheamendment.Intheeventofsuchamendment,


thetextand/orexhibitsofthisPlan,ifapplicabletothisPlan,shallbechangedaccordinglybydulyrecordedordinance.

Section1300–DurationandValidityofApprovedPlan

A. DURATIONOFTHEPLANTaxesmaybedividedunderthisPlanonlyuntilthemaximumindebtednessforthePlanAreahasbeenissuedandpaidordefeased,ortheAgencyhasdeterminedthatitwillnotissuethefullamountofthatmaximumindebtedness,andallindebtednessthatwillbeissuedhasbeenissuedandpaidordefeased.WhenthatindebtednesshasbeenpaidordefeasedtheAgencywillnotifytheassessorpursuanttoORS457.450(2)toceasedividingtaxesforthePlanArea,andshallreturnanyunusedtaxincrementfundstoLaneCountyforredistributiontooverlappingtaxingdistricts.However,theDowntownDistrictandthisthisPlanmayremainineffectaslongaslegallyrequiredtoexistanduntiltheAgencytransfersanyremainingassetsandliabilitiesofthePlanAreatotheCityofEugene.Asofthedateofthe2016Amendment,itisestimatedthatthelastfiscalyearforwhichtaxeswillbedividedisFY27.

B. VALIDITYShouldacourtofcompetentjurisdictionfindanyword,clause,sentence,section,orpartofthisPlantobeinvalid,theremainingwords,clauses,sentences,section,orpartsshallbeunaffectedbyanysuchfindingandshallremaininfullforceandeffectforthedurationofthePlan.

Section1400–MaximumIndebtednessThesumof$33millionwasestablishedin1998asthespendinglimit(maximumamountofnewindebtednesswhichcouldbeissuedorincurredfromtaxincrementfunds)underthisPlanafterJune1,1998.Thatfigurewasdevelopedusingtheestimatedprojectcosts,plusa5%annualinflationfactor.The2010Amendmentincreasedthemaximumindebtednessamountby$13.6million,toatotalof$46.6million.The2016Amendmentincreasedthemaximumindebtednessamountby$19.4million,toatotalof$66million.ThemaximumindebtednesslimitestablishedbythisSection1400doesnotapplytoorlimit:

1. TheobligationoftheAgencytopayinterestonindebtednessissuedorincurredunderthisPlan;

2. AnyindebtednessissuedtorefundindebtednessissuedorincurredunderthisPlan,totheextentthattherefundingindebtednessdoesnotexceedtheprincipalamountoftherefundedindebtedness,plustheamountoftherefundingindebtednessthatisusedtopaycostsoftherefunding;

3. Fundstorepayindebtednessexistingonthedateofthe1998Amendment;and4. Expendituresmadefromfundsotherthantaxincrementfunds,suchasloans

madefromtheDowntownRevitalizationLoanProgram.


Legislationpassedin2009(ORS457.220)placedadditionallimitsonhowmuchamunicipalitycanincreasemaximumindebtedness.Thatsamelegislation,however,alsoprovidesthatthoselimitations“donotapplytotheextentthemunicipalityapprovingaplanobtainsthewrittenconcurrenceoftaxingdistrictsimposingatleast75percentoftheamountoftaxesimposedunderpermanentratelimitsintheurbanrenewalarea.”TheCityconcurredwiththatincreaseinmaximumindebtednesswhenitapprovedthisPlan.Afterconsultationwiththeotheroverlappingtaxingdistricts,theSchoolDistrict4JBoardvoted7:0onMay18,2016“toconcurwiththeEugeneCityCouncil’sproposedplanamendmenttoincreasemaximumindebtednessfortheDowntownUrbanRenewalDistrictbyupto$48millioninaccordancewithORS457.220and457.470(7).”TheCityandSchoolDistrict4Jimposedatleast75%oftheamountoftaxesimposedunderpermanentratelimitsintheDowntownUrbanRenewalDistrictinFY2015.Therefore,thelegislativelimitationsarenotapplicabletotheproposedmaximumindebtednessincreaseresultingfromthe2016Amendment.Additionally,theLCCBoardandtheLaneCountyBoardofCountyCommissionersprovidedsupportfortheamendment.OnMay11,2016,theLCCBoardofDirectorsvoted6:0tosupporttheproposedprojects,specificallytheLCCDowntownCenterproject,forinclusionintheDowntownUrbanRenewalPlanamendmentandtheuseoftaxincrementfinancingasthefundingmechanism.OnMay24,2016,theLaneCountyBoardofCountyCommissionersvoted4:1toapprovealetterofsupport.

Section1500–FormalMattersAtthistime,nopropertyisanticipatedtobepurchasedthatwouldresultinrelocation.Ifpropertyisidentifiedforpurchasethatwouldinvolverelocation,theAgencywoulddevelopprovisionsforrelocation.


PLANEXHIBITA:PlanAreaMap


PLANEXHIBITB:PlanAreaDescriptionBeginningatthesouthwestcorneroftheintersectionof11thAvenueandCharneltonStreetintheCityofEugene,LaneCounty,Oregon,commencingnortherlyalongthewestright‐of‐waylineofCharneltonStreettothepointofintersectionofthesouthright‐of‐waylineofthealleybetween10thAvenueandBroadway;

(1) thence,westerlyalongthesouthright‐of‐waylineofsaidalleytothewestlineofLincolnStreet;

(2) thence,northerlyalongthewestright‐of‐waylineofLincolnStreettothepointofintersectionofthenorthright‐of‐waylineofthealleybetweenBroadwayand8thAvenueifextended;

(3) thence,easterlyalongthenorthright‐of‐waylineofsaidalleytothewestright‐of‐waylineCharneltonStreet;

(4) thence,northerlyalongthewestright‐of‐waylineofCharneltonStreettothenorthwestcorneroftheintersectionof7thAvenueandCharneltonStreet;

(5) thence,easterlyalongthenorthright‐of‐waylineof7thAvenuetothenorthwestcorneroftheintersectionof7thAvenueandOliveStreet;

(6) thence,northerlyalongthewestright‐of‐waylineofOliveStreettothenorthwestcorneroftheintersectionof6thAvenueandOliveStreet;

(7) thence,easterlyalongthenorthright‐of‐waylineof6thAvenuetothenortheastcorneroftheintersectionof6thAvenueandOakStreet;

(8) thence,southerlyalongtheeastright‐of‐waylineofOakStreettothenortheastcornerofOakStreetandSouthParkAvenue;

(9) thence,easterlyalongthenorthright‐of‐waylineofSouthParkAvenueextendedtotheeastright‐of‐waylineofPearlStreet;

(10) thence,southerlyalongtheeastlineofPearlStreettothesoutheastcorneroftheintersectionofPearlStreetandWest11thAvenue;and

(11) thencewesterlyalongthesouthright‐of‐waylineofWest11thAvenuetothepointofbeginning.

PortionoftheCityHallBlockdescriptionAtractoflandlocatedintheNortheastone‐quarterofSection31inTownship17South,Range3WestoftheWillametteMeridianbeingmoreparticularlydescribedasfollows;BeginningattheSouthwestcornerofBlock18asplattedandrecordedinSkinner’sDonationtoEugeneperJudgementDocket“A”page2,LaneCountyOregonPlatRecordsinLaneCounty,Oregon;thenceSoutherlyalongthewesterlylineofBlock24ofsaidSkinner’sDonationtoEugenetotheNorthwestcornerofBlockAofMulliganAdditiontoEugeneasplattedandrecordedinVolumeA,Page122,LaneCountyOregonPlatRecordsinLaneCounty,Oregon;thenceWesterlyalongtheNortherlylineofBlock1ofsaidMulliganAdditiontoEugenetotheNorthwestcornerofsaidBlock1ofsaidMulliganAdditiontoEugene;thencenortherlytotheSouthwestcornerofBlocksaidBlock24;thenceWesttotheSoutheastcornerofBlock7MulliganAdditiontoEugeneasplattedandrecordedin


VolumeA,Page122,LaneCountyOregonPlatRecordsinLaneCounty,Oregon;thencenortherlyalongtheEastlineofsaidBlock7,50.00feet;thencerunning50.00feetdistantandparalleltothesouthlineofsaidBlock24tothecenterlineofthenowvacatedalleywithinsaidBlock24;thenceNortherlyalongsaidalleycenterlinetotheSouthlineofBlock17insaidSkinner’sDonationtoEugene;thencealongtheSouthlineofsaidBlock17totheSouthwestcornerofSaidBlock18andthereending,allinEugene,LaneCounty,Oregon.

EastParkBlockAreadescriptionAtractoflandlocatedintheNortheastone‐quarterofSection31inTownship17South,Range3WestoftheWillametteMeridianbeingmoreparticularlydescribedasfollows;BeginningattheSouthwestcornerofBlock24asplattedandrecordedinSkinner’sDonationtoEugeneperJudgementDocket“A”page2,LaneCountyOregonPlatRecordsinLaneCounty;thenceSoutherlyalongthewestlineofBlock1ofMulliganAdditiontoEugeneasplattedandrecordedinVolumeA,Page122,LaneCountyOregonPlatRecordsinLaneCounty,OregontotheSouthwestcornerofLot3,Block24ofsaidMulliganAddition;thenceWesterlyalongtheprojectedsouthlineofsaidLot6andalongthenorthright‐of‐waylineofSouthParkStreettotheintersectionwiththeeastright‐of‐waylineofOakStreet;thencenortherlyalongsaideastright‐of‐waylineofsaidOakStreettothenortherlyright‐of‐waylineofEast8thAvenue;thenceEasterlyalongsaidnortherlyright‐of‐waylineofsaidEast8thAvenuetothepointofbeginningbeingtheSouthwestcornerofsaidBlock24ofSkinner’sDonationtoEugeneandthereending,allinEugene,LaneCounty,Oregon.

Documents

COUNCIL ORDINANCE NO. 20564 COUNCIL BILL 5155