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1 <br />BERNARD Dana M <br />From:Raymond Nehl <raymond.nehl@gmail.com> <br />Sent:Monday, August 13, 2018 1:42 PM <br />To:BERNARD Dana M <br />Subject:MUPTE Tax Deferral <br /> <br />Hello – <br /> <br />As a longtime Eugene resident, I wish to express my support for the MUPTE application by Obie Companies. <br />The proposed expansion of the 5th Street Public Market is very exciting, representing the most significant <br />investment in downtown in recent memory. The apartments and their residents are a key part of downtown’s <br />economic recovery. Not only will they support downtown businesses, but just through sheer numbers they’ll <br />add to the safety and security of our streets and sidewalks. <br /> <br />I am downtown almost every day and see how challenging it is for our local retailers and restaurants. For years <br />we have watched the downtown decline. One of the strategies often mentioned for helping turn downtown <br />around is to have more people living there. That’s exactly what this project does. The City Council approved the <br />MUPTE program to encourage this sort of development. I want to see the project move forward, and the <br />evidence strongly suggests it can do so only with the tax benefit that MUPTE provides. I urge the panel and the <br />City Council to approve this MUPTE application. <br /> <br />Ray Nehl <br />1858 Riverwood Drive <br />Eugene, Oregon 97401 <br /> <br />October 17, 2018, Work Session – Item 2