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November. He said if there was an opportunity to proceed in September per direction from the City <br />Council, the City could exercise its options in mid-September. <br /> <br />Councilor Bettman asked what would happen if the property was purchased and the development plan was <br />unacceptable to the community and to the developer. Mr. Braud replied that it was not possible to speculate <br />at this point. He said among the possibilities were a subsequent project that could be attracted to the site in <br />the short-term that could still meet the national objective, the City could sell the property and repay the <br />funds and if that was not enough to repay HUD it would have to use the urban renewal funds it had pledged <br />in order to do so. He noted that the latter would be the “worst case scenario.” <br /> <br />Councilor Bettman felt the money was going to be used strictly to purchase property and would not be used <br />to revitalize the downtown. <br /> <br />Councilor Zelenka asked what would happen to the HUD grant if the project was delayed. Mr. Braud <br />replied that there was no deadline but there was a 30- to 60-day review process. He stated that if the vote on <br />the resolution was delayed until September it would put the end of the review process into November. <br /> <br />Roll call vote; the motion to postpone failed, 5:3; councilors Ortiz, Bettman, and Taylor <br />voting in favor. <br /> <br />Roll call vote; the main motion passed, 5:3; councilors Ortiz, Bettman, and Taylor voting in <br />opposition. <br /> <br />Mayor Piercy adjourned the meeting of the Eugene City Council and convened a meeting of the Eugene <br />Urban Renewal Agency at 8:45 p.m. <br /> <br /> <br />MINUTES—Eugene City Council July 23, 2007 Page 9 <br /> Regular Meeting <br /> <br />