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<br /> ~ <br /> - <br /> The selection of the Master Developer will be followed by negotiations for an <br /> Exclusive Negotiating Agreement. This preliminary development agreement will <br /> grant the Developer exclusive right to assess the feasibilty of developing a e <br /> project on the site. It is anticipated that the Developer will conduct a <br /> market study and prepare a preliminary site plan within six months. The <br /> parties to the Exclusive Negotiating Agreement will be the Developer, ERA and <br /> RRP. A Joint Venture Agreement between ERA and RRP will describe the author- <br /> ity and responsibility of the City and University. <br /> Council by Eugene Renewal Agency resolution is asked to approve the Carley <br /> Capital Group as the Master Developer for the Riverfront Research Park and <br /> authorize the City Manager to enter into negotiations for a Joint Venture <br /> and Exclusive Negotiatng Agreement for Agency review and approval. <br /> eepalrrp <br /> e <br /> - <br />