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<br /> <br />RELATED CITY POLICIES <br />? <br /> <br />Sustainable Development <br />A community that meets its present environmental, economic, and social needs without <br />compromising the ability of future generations to meet their own needs. <br /> <br />? <br /> <br />Effective, Accountable Municipal Government <br />A government that works openly, collaboratively, and fairly with the community to achieve <br />measurable and positive outcomes. <br /> <br /> <br />COUNCIL OPTIONS <br /> <br />The council has the option of either accepting or rejecting the proposed exchange with Tedron <br />Properties. If the council agrees to the proposed exchange and terms, it may consummate the transaction <br />consistent with Eugene Code 2.872 which states “a proposal acceptable to the City Manager shall be <br />presented to council for its action.” <br /> <br />If the council chooses to reject the proposed exchange, it may elect to renegotiate modifications to the <br />proposed exchange terms or choose to retain ownership of the present City-owned lot, in which case <br />Tedron Properties would continue to own and control the subject portion of their property. <br /> <br /> <br />CITY MANAGER’S RECOMMENDATION <br /> <br />It is recommended that the council direct the City Manager to proceed with the exchange of the subject <br />properties as described above subject to the City receiving $143,300 in addition to the exclusive use <br />easement over the approximately .56 acre area, which includes the Millrace. <br /> <br /> <br />SUGGESTED MOTION <br /> <br />Move to authorize the City Manager to consummate the exchange of the City-owned .29 acre tax lot for <br />the proposed easement over approximately .56 acre of the Tedron Properties parcel and the additional <br />$143,300 cash payment from Tedron Properties. <br /> <br /> <br />ATTACHMENTS <br /> <br />A. Aerial map illustrating the area of the proposed exchange parcels <br />B. Typical cross section of the Millrace area <br /> <br /> <br />FOR MORE INFORMATION <br /> <br />Staff Contact: Russ Royer <br />Telephone: 682-5264 <br />Staff E-Mail: russ.c.royer@ci.eugene.or.us <br /> <br /> <br /> L:\CMO\2006 Council Agendas\M061023\S0610233.doc <br />