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. . C I T Y C 0 U N elL M I NUT E S MINUTES July-December Eugene City Council 1989 Dinner/Work Session B.J. 's Restaurant July 10, 1989 5:30 p.m. COUNCILORS PRESENT: Ruth Bascom, Rob Bennett, Shawn Boles, Debra Ehrman, Bobby Green, Freeman Holmer, Roger Rutan. COUNCILORS ABSENT: Emily Schue. The regular meeting of the Eugene City Council was called to order by Mayor Jeff Mi 11 er. 1. PARKING EXEMPTION ZONE City Manager Mike Gleason introduced the item. He said during the last council work session on the Urban Renewal Plan Update, council directed staff to return with information about the possibility of funding parking . e structures outright as opposed to funding the development of parking through loans. Mr. Gleason said the urban renewal authority is responsible for making this change in policy. Bob Hibschman, Planning and Development Department, reviewed the development projects that may occur within the area proposed for expansion of the parking exemption zone. One expansion project involves the Hilton Hotel; this project will cost between $4-6 million and may occur around 1993. The 5th Street Public Market has indicated a desire to expand on its site; the project cost is estimated to range between $1.5-$6 million. The Oregon Electric Station is planning to construct a brew pub at the end of this year; the project will cost approximately $2 million. Centennial Bank is planning to construct a new six-story, 98,OOO-square-foot office building; the project is slated to cost approximately $8.5 million and would require 230 parking spaces under the current zoning. Mr. Boles noted that the Centennial Bank project may be much smaller. Mr. Hibschman reviewed the parking situation faced by Centennial Bank. He said there is enough room on the site (7th Avenue and Oak Street) to provide 80 underground parking spaces. Given this, the Centennial Bank development would be limited to approximately 30,000 square feet in order to comply with the existing zoning regulations. Mr. Hibschman said the current zoning does allow a business to provide off-site parking within 400 feet of the site. He said under current zoning regulations, Centennial Bank would need to acquire 230 off-site parking spaces in order to develop the 98,000 square foot e MINUTES--City Council-- July 10, 1989 Page 1 Dinner/Work Session ~ -..-.. ~ '.... ~-~_.......;. ---- ~ ._-