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<br /> Policy 14: Development shall be required to pay the full cost of extending infrastructure and <br /> services, except that the City will examine ways to subsidize the costs of providing <br /> infrastructure or offer other incentives that support higher-density infill, mixed use, and <br /> redevelopment. <br /> <br />In addition, a number of financial policies would guide the development and redevelopment efforts, <br />including the City’s debt policies, as well as the policies in the Downtown Urban Renewal District Plan. <br /> <br /> <br />COUNCIL OPTIONS <br /> <br />The following two options have been identified: <br /> Option 1: Approve the Downtown Initiative Action Plan presented at the July 11, 2007, work <br /> session. <br /> Option 2: Modify the Downtown Initiative Action Plan presented at the July 11, 2007, work <br /> session. <br /> <br /> <br />CITY MANAGER’S RECOMMENDATION <br /> <br />The City Manager’s recommendation is to approve the Downtown Initiative Action Plan presented at the <br />July 11, 2007, work session. <br /> <br /> <br />SUGGESTED MOTION <br /> <br />Move to approve the Downtown Initiative Action Plan presented at the July 11, 2007, work session. <br /> <br /> <br />ATTACHMENTS <br /> <br />A. Eugene Downtown Plan <br />B. Downtown Initiative Action Plan <br /> <br /> <br />FOR MORE INFORMATION <br /> <br />Staff Contact: Randy Groves, Executive Manager <br />Telephone: 682-7115 <br />Staff E-Mail: randy.b.groves@ci.eugene.or.us <br /> <br />Staff Contact: Nan Laurence, Staff Lead <br />Telephone: 682-5340 <br />Staff E-Mail: nan.laurence@ci.eugene.or.us <br /> <br /> <br /> <br /> <br /> <br /> <br />L:\CMO\2007 Council Agendas\M070711\S070711A.doc <br />