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Exhibit 1 <br />Urban Renewal Agency of the City of Eugene, Oregon <br />Statement of Net Position <br />June 30, 2015 <br />(amounts in dollars) <br />Assets <br />Current Assets <br />Equity in pooled cash and investments12,632,758 <br />Receivables (net of allowance)2,849,349 <br />Due from other governments19,321 <br />Assets held for resale1,850,160 <br />Total current assets17,351,588 <br />Noncurrent assets <br />Capital assets: <br /> Land 493,317 <br /> Other capital assets (net of accumulated depreciation)2,477 <br />Total noncurrent assets495,794 <br />Total assets17,847,382 <br />Liabilities <br />Current liabilities <br />Accounts payable and other liabilities15,754 <br />Bonds payable878,000 <br />Total current liabilities893,754 <br />Noncurrent liabilities <br />Bonds payable <br />2,422,000 <br />Total noncurrent liabilities2,422,000 <br />Total liabilities3,315,754 <br />Net position <br />Invested in capital assets495,794 <br />Unrestricted14,035,834 <br />Total net position14,531,628 <br />The accompanying notes are an integral part of the financial statements. <br />15 <br />