09/09/1985 Meeting (2) - Laserfiche WebLink

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Jim Farah, a consultant for the Planning Department, discussed why an alterna- . tive site is not appropriate for the development. He said the Riverfront site is unique. It meets the criteria for success for a research park. Referring to Page 7 of Attachment D, he made corrections in the following conclusions: (Underlined material should be added) 1 . Coordinated development of the proposed alternative site would be difficult because of the fact that: it contains a series of exist- ing streets (including Franklin Boulevard) which separate develop- ment parcels; only 64 percent of the entire site is under public control, and the remainder is contained in ~ separate ownerships; . . . 4. Development on the proposed alternative site could ultimately involve displacement of 183 people. 5. Based on the same land use mixture and employee/acre ratios used in the draft Riverfront Study, full development of the portion of pro- posed alternative site south of Franklin could ultimately involve 5500 employees. . . Answering questions from Councilor Wooten, Mr. Moseley read the folloWing from the Campus Planning Committee recommendations: In the Riverfront Research Park, no research will be carried out the clearly foreseeable and probable result of which, the direct result of e which, the direct application of which, or any direct purpose of which is to destroy human life or incapacitate human beings. He said University President-Olum will present a condition that will ban the same kind of classified research in all University of Oregon-owned areas that is banned on the University of Michigan campus. President Olum will recommend a specific ban on weapons-related research which, it is assumed, will apply to classified and unclassified research. Ms. Wooten said her understanding was that President Olum will, at the least, recommend a ban on weapons-related research and on classified and unclassified research which would be harmful to human life. Replying to a question from Councilor Miller concerning the possibility of lowering the standards for industries in the Riverfront Park if it does not succeed as expected, Ms. Decker reviewed the many stages of approval the project will go through. Mr. Gleason said a performance bond will be required from the developer. The access points will be the only improvements made early in the development. They will create a debt service of only about $100,000 a year. A buildout of 80,000 square feet will pay the the debt service although a buildout of one million square feet is planned. The improvements will probably not be made until 20,000 to 80,000 square feet are under construction. Mr. Gleason said the Riverfront Tax Increment District will not lessen the revenues from other city districts. The areas of the other districts will not . change and revenues are received from those areas. MINUTES--Eugene City Council September 9, 1985 ~~5