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work session on June 22, 2020 with the presentation of the Schematic Design and cost estimates. The public hearing on July 20, 2020 fulfilled Step #3. The Agency Board took action, completing Step #4 on July 27, 2020. The Board authorized City Staff to move forward with the full Farmers Market project, a portion of Park Blocks work, and minimal funding for open space. On June 22, 2020, the Agency Board started the process to amend the Downtown Urban Renewal Plan to remove the cap on tax increment for the Farmers Market. This Report accompanies the Plan and consists of text, tables, and appendices. The Downtown Urban Renewal District contains approximately 75 acres, more particularly described in Exhibit B to the Plan and shown on the map attached as Exhibit A to the Plan Chapter2:DescriptionofPhysical,Social,Economic,and EnvironmentalConditionsinthePlanArea Note:Thisdescriptionandassessmentiscurrenttotheidentifieddates. A.PhysicalConditions 1.Land Area The Plan Area encompasses about 75 acres.See Appendix, Exhibit A for a map of the Plan Area. The total incorporated land area for the City of Eugene, as of August 2020, is 28,385 acres. The Plan Area represents about 0.3 percent of the Ci area combined with the Riverfront Urban Renewal District of about 245 acres, equals approximately 320 acres in renewal districts, which is less than two percent below the 15 percent maximum allowed by Oregon State law. 2. Existing Land Use and Zoning For this section, land use data is listed by site address and zoning is listed by property taxlot. Table 1 on the next page shows the generalized land use of the land in the Plan Area as of August 2020 by category. Table 2 shows the zoning of the land in the Plan Area as of August 2020; a description of each zone can be found in the City Land Use Code. A zoning map and land use map of the Plan Area are located in the Appendix, Exhibits B and D. ReportontheProposed2020Amendment 2