05/28/1980 Meeting - Laserfiche WebLink

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. operation as well as the Performing Arts Center. The first Performing Arts Commission meeting will be held at 7:30 p.m. tonight in the McNutt Room. Mayor Keller welcomed him. Charles Kupper, Director of HCC, stated it was only about one year ago that ERA signed the contract with the developer. He thinks it is remarkable that so much has happened so soon. They must move rapidly to meet the developer's time line. The memo of May 23 outlines the essential steps for completion of the project. The steps in the project are: 1) execution by the Eugene Renewal Agency of the agreement with Development Associates for development of the hotel and operational use of the con- ference center and parking facility; 2) approval by council of the terms of operation and use of the conference center and parking facility; 3) design of the conference center and parking facility and design of the Willamette Street public space; preparing and letting design and con- struction bids for the parking facility; preparing and letting con- "struction bids for the conference center; 4) marketing a tax allocation bond issue for the conference center and parking facility; they hope this will occur in July or August of 1980; the City will have to put together an operational staff structure; and 5) finalizing operational staff structure for the conference center and parking facility. e The development agreement will be presented to the Renewal Agency at the June 10 meeting. The council must approve the "agreement for operation and use of the center and parking facility. There will be a review at the June 18 council meeting. As it is now foreseen, the conference center will be operated and maintained by the same City staff responsible for operation of the Performing Arts Center. Mr. Obie asked where funds are coming from. Mr. Kupper responded that funds would be from tax allocation collections and cash on hand, and they will attempt to bond the bulk of the work. They also hope to get EDA money involved in this project. Mr. Obie noted the operating use agree- ment will affect the City for years. Mr. Kupper stated it would be approximately 50 years and they should give serious consideration to this agreement. Mr. Obie stated he is bothered by the process and is concerned as to whether or not the use agreement has been negotiated. Mr. Kupper responded it has been between the developer and ERA and is similar to an agreement in Monterey, California. The developer will" not be getting free use of the City facility. Mr. Obie asked if it might develop a cash flow problem for the City within the next ten years. Mr. Kupper responded he can only speculate. A lot will depend on how suc- cessful the hotel will be. The contract is to be given to Stan Long e 5/28/80--9