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- for which some government funds are available, and the Venture Capital program. Finally, in June or early July, the Move to the Marketplace recruiting program is to be initiated, taking advertising in magazines such as Pharmaceutical Executive. It will emphasize research in the High Tech Corridor. IV. CITY OF EUGENE PROGRAM BRIEFING Mr. Gleason indicated that program coordination has come a giant step in the last 90 days. The whole metropolitan environment has been working together more cohesively. The biggest element in that has been the addition to the Business Assistance Team program of Mr. Cudaback from Oregon-Pacific, the Springfield program, and the Springfield Chamber of Commerce, as well as all the other major institutions including LCC, the two cities, and the two chambers of commerce. All have a common and consistent focal point for their programming, as well as the sharing of prospects. It has led to the sharing of roles on the Research Corridor as well as in the Ambassador Program and in work with NEDCO. Some successes have been seen by being able to focus on the State level. The City has been able to secure a whole different level of commitment from the State Department of Transportation regarding the 6th/7th Avenue corridor, reconstruction of 6th and 7th avenues, and expressway development. The City Council is getting ready to let a $5 million Bancroft project in the Willow Creek area. - There has been a reorganization in the City which consolidates job training, block grants, and downtown and business assistance programs into one department called the Development Department. There has been a substantial improvement in being able to coordinate and communicate the actual contacts between the two cities and the two chambers of commerce. There is a sharing of who is doing what role. Computers have just been put in place to track that program. V. PRESENTATION OF CANDIDATE COOPERATIVE PROGRAMS e Mr. Anderson explained what a foreign trade zone is and suggested that the City might be interested in involving itself with Oregon Pacific in studying the feasibility of establishing a foreign trade zone in this area. The foreign trade zone concept goes back to the 1930s in this country, and such zones have been located around the world since the 1920s. Legally, a foreign trade zone is a special designation granted by the US Department of Commerce to a specific building, site, or location. In effect, it lifts that specific designated zone out of the US for legal purposes, such as custom clearance and certain types of taxes. Properly used, it can be an incentive to attract manufacturing, processing, or assembling markets. Oregon Pacific thinks it is worth looking at. It can be used in two ways: 1} to bring in raw materials or components of some assemblies from an off-shore country to process or manufacture the product for re-export to a third country, and; 2) for domestic materials or products to be shipped to off-shore markets. MINUTES--Eugene City Council/OPEDC May 23, 1983 Page 3