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I. ADOPTION <br />Resolution <br />Date <br />Purpose <br />Number <br />Resolution <br />7/3/1968 <br />Adoption of the Urban Renewal Plan for the Central Eugene Project <br />No. 257 <br />the Plan). <br />II. AMENDMENTS <br />Amendment <br />Date <br />Purpose <br />Number <br />Resolution <br />12/19/1968 <br />o Modified the Plan to allow for additional projects as required by <br />No. 1609 <br />HUD to receive additional federal funds. <br />Ordinance <br />11/8/1989 <br />o Aligned the Plan with Metro Plan policies: strengthen the area's <br />No. 19648 <br />position as a regional service center, maintain the Eugene <br />central business district as a vital center, incorporate principles <br />of compact urban growth, encourage retail and commercial <br />development in the downtown area, and promote the <br />development of parking structures in the downtown core. <br />o Expiration set for FY10. <br />Ordinance <br />6/1/1998 <br />o Responded to Measure 50 to a) include a maximum amount of <br />No. 20120 <br />indebtedness and b) select Option 1 for the city-wide special <br />levy as the method for collecting ad valorem property taxes for <br />payment of debts related to urban renewal projects. <br />o Limited expenditure of new funds to completing existing <br />projects and construction of a new main library. <br />o Removed the business assistance loan program. <br />o Approved a plan to reduce district administration costs over the <br />following three years. <br />Ordinance <br />9/13/2004 <br />o Expanded the projects for which tax increment funds could be <br />No. 20328 <br />used <br />o Created a public advisory committee <br />o Added the requirement for specific Agency approval of projects <br />greater than $250,000 (other than loans), and adding a limit of <br />$100,000 on the mandate for a public hearing in the event of a <br />plan change (applies to minor amendments that can be <br />approved by the URA without ORS 457.095 approval - Section <br />1200, C of the 2004 Plan). <br />o Added the Downtown Revitalization Loan Program (DRLP). <br />o Expiration set for 2024. <br />Ordinance <br />5/24/2010 <br />o Limited scope of two previously approved projects, removed the <br />No. 20459 <br />ability to initiate all other previously approved projects, and <br />authorized one new project expenditure of new funds to <br />completing existing projects and construction of a new main <br />library. <br />o Except for the three projects and existing projects previously <br />approved no initiation of additional projects. <br />o Expiration upon the repayment or defeasance of debt related to <br />the urban renewal projects specifically identified in the Plan. <br />Downtown Urban Renewal Plan - 2016 Amendment <br />