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e Mr. Jordan said Eugene will host the World Veteransl Championships, July 27 through August 6, 1989, under the auspices of the Oregon Track Club. The event is expected to attract an estimated 6,000 participants and 10,000 to 12,000 spectators from more than 52 countries and pump more than $10 million into the Eugene/Springfield economy. Mr. Jordan said virtually every track and field event ever known is open to men 40 years of age and over and women 35 years of age and older. It has been estimated that 419 separate competitions will be required to cover all heats for all age groups of both sexes. While Hayward Field will be the primary venue, it is anticipated that use of both Silke Field in Springfield and the field at Lane Community College will be needed to meet the demand of the competition. Three off-venue events (a marathon, road run, and road walk) will make use of the area's streets and bike paths, as well. Ms. Kousky said based on entries received thus far, the projection of 5,000 to 6,000 competitors and 10,000 visitors total during the event appear accurate. University housing and local hotels/motels will be used to house the visitors; the University has reserved approximately 2,800 beds and 2,500 local hotel/motel rooms have been reserved. In the first week of January, $70,000 in deposits were mailed to local hotels/motels. In May, these businesses will be paid for 40 percent of the total stay, and within 30 days of the event, they will be paid in full. e Mr. Jordan said the organizing committee is doing a number of things to promote the event and the area to the rest of the world. Among the promotional tools being used are articles in various magazines, update advertisements in The Register-Guard, and possible national television coverage. Ms. Kousky said the organlzlng committee wants the visitors to see the area. To this end, there will be daily coach tours throughout the state. These tours will take visitors to the beach, the mountains, Wildlife Safari, local wineries, and other attractions. In addition, Ms. Kousky reviewed a number of local events that will provide entertainment for the visitors. She said the organizing committee is also preparing t-shirts, souvenirs, apparel, and artwork for sale to help fund the event. Mr. Jordan discussed financing for the event. Over $75,000 has come from a trust fund established by National Masters to be used by the first US city to be awarded the championships. There has been good sponsorship from the private sector as well, most of which is in-kind funding. The organizing committee has been working with the City to make a proposal to the Governor for funds from his Strategic Reserve Fund. Mr. Jordan said the committee is looking for additional funding from sponsors--several proposals are still under consideration. Any additional funding will enable the City to produce a better championship and position the community to attract similar events in the future. e MINUTES--Eugene City Council January 25, 1989 Page 5