Item 3: Ordinance on Downtown Urban Renewal Plan Amendments

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Substantial changes shall include, but are not limited to, revisions in project boundaries, land uses, project activities, street system changes, major relocation of the downtown transit station, or other elements which will change the basic planning principles of this plan. C. Type Three Amendment – Minor Amendment Minor amendments may be approved by the Renewal Agency in resolution form. Such amendments are defined as: 1. Amendments to clarify language, add graphic exhibits, make minor modifications in the scope or location of improvements authorized by this Plan, or other such modifications which do not change the basic planning or engineering principles of the Plan. 2. Acquisition of property for purposes specified in Section 600C3 of this plan. 3. Addition of a project substantially different from those identified in Sections 600 of the Plan or substantial modification of a project identified in Section 600 if the addition or modification of the project costs less than $500,000 in 2003 dollars. 4. Increases in the urban renewal area boundary not in excess of one percent (1%). D. Amendment to the City’s Comprehensive Plan or any of its Implementing Ordinances Should the City Council amend the City’s comprehensive plan or any of its implement- ing ordinances and should such amendment cause a substantial change to this plan, the City Council amending action shall cause this plan to be amended provided that the Planning Commission and City Council approve the amendment. In the event of such amendment, the text and/or exhibits of this plan, if applicable to this plan, shall be changed accordingly by duly recorded ordinance . Section 1300 – Duration and Validity of Approved Plan A.Duration of Urban Renewal Plan This plan shall remain in full force and effect through June 30, 20242030.The Agency shall not issue indebtedness that matures after June 30, 2030, and the Plan shall remain in effect until all indebtedness has been repaid. The City Council shall conduct periodic reviews in 2009 2015and20192025. Reviews will consider extending the duration beyond 20292030; modifying the boundaries; modifying the maximum indebtedness; and modifying eligible project activities to be undertaken in the Downtown Urban Renewal District. The review process shall include a review and recommendation from the Eugene Redevelopment Advisory Committee. Such review will include a public hearing. Downtown District Urban Renewal Plan - Circulation Draft of MayJune 2007 15