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Mr. Taylor suggested that if Eugene was to partner in the project with EWEB and LTD, it needed to <br />act soon or the opportunity would be lost. Mr. Meisner said merely because the opportunity <br />existed did not mean it was the best use for the funds. Spending the money as proposed could <br />mean the City would not have money available to underground utilities in the immediate <br />neighborhood of the courthouse. Mr. Sullivan conceded that there was no overall context for <br />undergrounding utilities in the area or any budget for undergrounding, although undergrounding <br />utilities was discussed as a priority during the Downtown Visioning process. Mr. Meisner said that <br />for the past two years, the City's focus in the renewal district had been on the courthouse site, and <br />using district assets now could mean there were insufficient dollars to undergrounding utilities in <br />the courthouse neighborhood, which was a high priority and had been discussed by the Planning <br />Commission as well as by the court. <br /> <br />Mr. Sullivan noted that the financial position of the district had been provided to the council in a <br />memorandum. He projected revenues of $550,000 in fiscal year 2004 and noted the receipt of the <br />courthouse site sale price from the General Services Administration (GSA). <br /> <br />Ms. Bettman said she shared some of Mr. Meisner's concerns. She thought the project was a <br />good one but believed it was out of context in many ways. There was no overall plan for <br />undergrounding utilities and the City lacked the resources needed to underground utilities in other <br />nearby areas, diminishing the benefit of undergrounding where proposed. She asked what other <br />uses existed for the money in question. <br /> <br />Ms. Bettman asked what other funds were available that could be reprogrammed to the project. <br />She asked if State Transportation Program (STP) funds were eligible for such a project. Mr. <br />Larson was not aware of other funds, and did not know if STP funds could be used for such a <br />purpose. Mr. Taylor pointed out that the expenditure leveraged money from both EWEB and LTD <br />and could be useful as a precedent in discussions about possible undergrounding projects with <br />the GSA and County. <br /> <br />Ms. Bettman believed that the City needed to identify other potential funding sources before <br />moving forward. <br /> <br />In regard to a suggestion from Ms. Bettman that urban renewal funds be leveraged in conjunction <br />with the Facilities Reserve for the construction of a new city hall/police station in the district, <br />DeeAnn Hardt of the Central Services Department indicated that public buildings could not be <br />constructed using urban renewal dollars. <br /> <br />Ms. Nathanson reported that she was attempting to secure other funds from a variety of sources, <br />including the State of Oregon's main street improvement programs, but did not yet have any <br />commitments. She noted that LTD had indicated it would be discussing the potential of sharing <br />the cost with private property owner, one of which had proactively contacted LTD about the <br />possibility. That would reduce the public cost. Speaking to the issue of priorities, Ms. Nathanson <br />said there was not an overall plan and sequence for undergrounding utilities; undergrounding <br />utilities occurred when streets were torn up for other reasons. It was too expensive to tear up a <br />street merely to underground utilities, and the incremental approach helped "chip away" at the <br />objective to be achieved. She said that it was more desirable to have utilities underground for <br />safety and reliability reasons. In addition, undergrounding utilities helped the City achieve the <br />goals of its Entrance Beautification Plan. <br /> <br /> MINUTES - Eugene City Council July 9, 2003 Page 2 <br /> Work Session <br /> <br /> <br />