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Ordinance No. 20564
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2016 No. 20560 - 20571
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Ordinance No. 20564
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Last modified
6/15/2016 2:05:21 PM
Creation date
6/15/2016 2:00:16 PM
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Council Ordinances
CMO_Document_Number
20564
Document_Title
Ordinance Adopting Amended Urban Renewal Plan for Downtown Urban Renewal Distrcit
Adopted_Date
6/13/2016
Approved Date
6/14/2016
CMO_Effective_Date
7/15/2016
Signer
Piercy
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REPORT ON THE DOWNTOWN URBAN <br />RENEWAL DISTRICT PLAN <br />Chapter 1: Introduction <br />The 2016 Amendment to the Downtown Urban Renewal District Plan (the "Plan") makes <br />the following changes: <br />■ Specifies project activities to be undertaken; <br />■ Sets an increase in the maximum indebtedness to allow for those specific projects; and <br />■ Expands the boundary by five acres (7%). <br />The City of Eugene has prepared an amendment to the Plan, originally adopted on July <br />1968 and modified December 1968, December 1989, June 1998, September 2004, and May <br />2010. This amendment is considered a substantial amendment under ORS 457. City <br />Council considered downtown improvements in 2016 with the desire to foster a vibrant <br />downtown, provide near-term economic stimulus, and prepare for the 2021 World Track <br />and Field Championships in such a way as to result in long-term community benefit. This <br />Report accompanies the Plan and consists of text, tables, and appendices. <br />The Downtown Urban Renewal District contains approximately 75 acres (the "Plan Area"). <br />The legal description for the Plan Area is in Section 300 of the Plan and is further described <br />on graphic exhibits included in the Plan and in the appendix to this Report. <br />Report on the 2016 Amendment <br />
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