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Exhibit 1 <br />Urban Renewal Agency of the City of Eugene, Oregon <br />Statement of Net Position <br />June 30, 2016 <br />(amounts in dollars) <br />Assets <br />Current Assets <br />Equity in pooled cash and investments13,949,843 <br />Receivables (net of allowance)2,599,160 <br />Due from other governments10,473 <br />Assets held for resale990,000 <br />Total current assets17,549,476 <br />Noncurrent assets <br />Capital assets: <br /> Land 667,727 <br /> Other capital assets (net of accumulated depreciation)2,350 <br />Total noncurrent assets670,077 <br />Total assets18,219,553 <br />Liabilities <br />Current liabilities <br />Accounts payable and other liabilities20,327 <br />Bonds payable924,000 <br />Total current liabilities944,327 <br />Noncurrent liabilities <br />Bonds payable <br />298,000 <br />Total noncurrent liabilities298,000 <br />Total liabilities1,242,327 <br />Net position <br />Invested in capital assets670,077 <br />Unrestricted16,307,149 <br />Total net position16,977,226 <br />The accompanying notes are an integral part of the financial statements. <br /> <br />