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negotiate project design and details with KWG over the next four months; and 6) return to URA for <br />approval of the project and financing details (estimated for September 2007). <br /> <br /> <br />SUGGESTED MOTION <br /> <br />Move to select KWG Development Partners and direct the Agency Director to: 1) begin the process for <br />a Downtown Urban Renewal Plan amendment; 2) begin application process for HUD Section 108/BEDI <br />funds; 3) take a specific public involvement plan to Planning Commission/Citizen Involvement <br />Committee for approval; 4) bring back specific project financing strategies for URA approval; 5) <br />negotiate project details with KWG over the next four months; and 6) bring back the final project and <br />financing details for URA approval in September 2007. <br /> <br /> <br />ATTACHMENTS <br />A. Beam: Supplemental information <br />B. KWG: Supplemental information <br />C. Draft Public Involvement Outline <br />D. Summary of West Broadway Purchase Option Terms <br />E. Option 1 Timeline (KWG) <br />F. Option 2 Timeline (Beam) <br />G. Option 3 Timeline (Take no action) <br /> <br /> <br />FOR MORE INFORMATION <br /> <br />Staff Contact: Denny Braud <br />Telephone: 682-5536 <br />Staff E-Mail: denny.braud@ci.eugene.or.us <br /> <br />L:\CMO\2007 Council Agendas\M070425\S070425B.doc <br />