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

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e Mayor Obie adjourned the meeting of the Eugene Urban Renewal Agency and recon- vened the meeting of the Eugene City Council. IV. PUBLIC HEARINGS A. Riverfront Park Urban Renewal Plan (memo, ordinance, background inforllB ti on di stributed) City Manager Micheal Gleason introduced the agenda item. Bob Hibschmann of the Eugene Development Department gave the staff report. He said the River- front Research Park Area Plan and the Report on the Riverfront Research Park Area Plan are combined in one document. The plan itself follows a format recommended in the statutes. The report conta ins background informa ti on and the financing plan. The plan w111 be adopted by the council. The report wi 11 not be adopted. The boundary of the Riverfront Research Park Area Plan is the same as the boundary of the Riverfront Park Study. The project descriptions inplement the goals and objectives of the plan and address findings of blight which involve the condition of the buildings, the lack of a transportation system, and the condition of the sewer system. An amendment process is included in the plan. Mr. Hibschmann said the scenario in the financing plan of the report is based on a buildout of one million square feet over twenty years. It is assumed the ta x ra te wi 11 rema in the same. Financing sources for each project are included in the list of projects. The list indicates that the University of e Oregon will pay for relocating the soccer field. Mr. Hibschman discussed the three amendments recommended by the Planning Com- mission. They concerned the modal split, the upper millrace, and identifica- tion of the property owned by the University. Mr. HibschllBn distributed a memo to the Mayor and City Council dated Septem- ber 6, 1985, titled "Technical Amendments to Riverfront Research Park Tax Increment Plan and Report. II He discussed changes recommended in the memo. Mayor Obie opened the public hearing. He said many people had testified about the Riverfront Park Urban Renewal Plan in the pUblic hearing earlier in the evening when the Riverfront Park Study and Metropolitan Plan Amendment were considered. David Thaler, Institute for Molecular Biology, said it is difficult to control or dea 1 wi th IlB teria 1 tha tis secret. There being no more requests to testify, Mayor Obie closed the public hearing. Ms. Ehrman noted that the council is scheduled to vote on approval of the Riverfront Park Urban Renewal Plan on September 11, 1985. Replying to a question from Ms. Ehrman about the size of the proposed tax increment district, Mr. Hibschman said the Advisory committee found that some e' needed improvements will not be funded with tax increment funds if the tax increment district is limited to only university-owned land. MINUTES--Eugene City Council September 9, 1985 Pa ge 8