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<br />SUGGESTED MOTION <br /> <br />Move to direct the City Manager to: <br /> <br />1. Proceed with negotiations for the Beam Development project as selected in the West Broadway <br /> Request for Qualifications process to renovate the Centre Court building and Washburne building, <br /> and provide a yet-to-be defined level of new construction in the adjacent hole. Work with Beam to <br /> assemble the property through URA acquisition or assignment of purchase option agreements. <br /> <br />2. Present the Beam proposal for URA consideration in February 2008 including details on the City’s <br /> financial participation, transfer of property, mix of uses, density, design, and timeline for the project. <br /> <br />th <br />3. Come back to the URA with options for moving forward with the redevelopment of the 10 and <br /> Charnelton site. <br /> <br /> <br />ATTACHMENTS <br /> <br />A. Letter from KWG Development Partners <br />B. Hypothetical Financial Model <br /> <br /> <br />FOR MORE INFORMATION <br /> <br />Staff Contact: Denny Braud <br />Telephone: 682-5536 <br />Staff E-Mail: denny.braud@ci.eugene.or.us <br /> <br /> <br /> <br /> <br /> <br /> <br /> F:\CMO\2007 Council Agendas\M071210\S071210C.doc <br />