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<br /> B. Current Status of Hayward Field <br /> , <br />. Dan Williams, University of Oregon Vice President for Administration, <br /> said track and field is very important to the University of Oregon but the <br /> financial problems of intercollegiate athletics are monumental. He said <br /> track and field at the University has had a deficit of over $400,000 for <br /> several years because attendance at meets has dropped. He sa i d Haywa rd <br /> Field needs to be renovated. The track should be 400 meters, it should be <br /> resurfaced, and the east grandstand shoul d be refurbished. The east <br /> grandstand wi 11 have to be moved to reconfigure the track. The <br /> renovations will cost over $1 million. <br /> Discussing the financial problems, Mr. Williams said $250,000 is <br /> available to move the east grandstand about 35 feet and it will be done in <br /> a week or two. Next summer the track will be reconfigured and resurfaced. <br /> He said the University has dedicated some reserves to the first phase of <br /> the renovation and the Oregon Track Club (OTC) has initiated a major fund- <br /> raising effort. He said the University has had much help from the OTC and <br /> the Eugene Public Works Department. <br /> C. Economic Impact of Track and Field <br /> Barbara Daugherty, President of the Masters Club of the Oregon Track Club, <br /> said track and field events contributed at least $2.4 million to the <br /> Eugene/Springfield economy last year. She distributed a page titled <br /> "Economic Impact of Track and Field on Eugene/Springfield Community." She <br /> said the Junior Olympics Track and Field and Cross Country Invitational <br /> brought in $75,000; the Track City Classic brought in $607,500; the Oregon <br />e State Single A Track and Field Championships brought in $693,750; The Race <br /> and Butte to Butte brought in $75,000; the Prefontaine Classic brought in <br /> $75,000; the Hayward Masters Classic brought in $41,250; and the TAC <br /> National Track and Field Championships brought in $832,500. She noted <br /> that some of the events bring families who use the opportunity to shop <br /> here. <br /> Discussing possible future events, Ms. Daugherty said the 1987 National <br /> Masters Track and Field Championships will bring about $337,500 to the <br /> community, the NCAA championships will bring $900,000, the 1988 Olympic <br /> Trials would bring $2,100,000, and the 1989 World Veterans Games would <br /> bring $6,750,000. She said the city has been awarded the 1987 National <br /> Masters meet and the NCAA Championship meet. The final site selection for <br /> the 1989 World Veterans Games will be made in November 1987. She <br /> estimated that each dollar brought into the community results in a 2.7 <br /> IIripple effect.1I <br /> D. Future Opportunities and Challenges <br /> Mr. Trigueiro said people from outside the city will contribute $10 to <br /> $11 million from now to 1989 if the expected track and field events are <br /> held in Eugene. He emphasized that Hayward Field must be renovated if <br /> future events are to be held here and that the community benefits from the <br /> atheltic events held there. He said many of the athletes who bring Eugene <br />e MINUTES--Eugene City Council, University of Oregon, Oregon Track Club <br /> September 15, 1986 Page 2 <br />