07/11/1977 Meeting - Laserfiche WebLink

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tit said it would be necessary for ERA to come to City Council several more times. He said the urban renewal area plan change had to be presented to the Council, as did any condemnation approvals. In addition, he said the project was major and that ERA would want to keep the City Council well informed of its progress. Mr. Haws asked if the civic and convention centemmentioned would be two separate facilities. Mr. Kupper said they would be: one would be a convention center and the other would be an exhibit center. Mr. Haws asked what would happen to plans for the multi-use center if the convention and exhibit centers were not buil t. Mr. Kupper said the City would not build these public facilities without first getting a hotel developer to commit himself to the project. He said the City's study of a new auditorium was the source of some confusion in discussing these facilities. He said the auditorium could conceivably become part of the downtown development project. Mr. Haws asked if the project would definitely not spend any of the City's money. Mr. Kupper said he could not say that ERA would never have to call on the City for funds, but that it did not plan to and hoped not to have to. He poi.nted out that the project~financial analysis did not include an increase in general downtown taxes, although such an increase would logically e occur. Mr. Elbasani pointed out that the financial analysis was conservative in that revenues were figured low and costs high. Assistant Manager reminded Council that what the plan sought from the Council was acceptance of concepts presented. He said the next step would be to seek developers, and the Council would have a chance to respond to specific proposals presented by successful developers. He felt the project would be financed through the tax increment and reserve ERA funds without drawing from the General Fund. Mr. Haws moved, seconded by Mr. Hamel to approve the report as presented, and direct staff to prepare a resolution demonstrating the Council's commitment to and support of the plan as presented. Motion carried unanimously. B. HCC: Proposal for Adoption of ORS 307.600 to 307.690 Relating to Multiple-Unit Rental Housing Property Tax Exemption Program Assistant Manager explained the issue had been reviewed by the Joint Housing Commission; Community Development Commission, Planning Staff, and others interested in multiple-unit housing. He said if the Council chose to adopt the proposal, it would be presented to School District 4-J for its endorsement. He said if the district chose not to endorse the proposal, it e 7/11/77--5 5Jffo