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ProjectDeliveryAdministration:Actions for this activity include program administration <br />(project management, loan administration, support for ongoing investments within the <br />Plan Area, public engagement, financial services, debt issuance and administration); legal <br />services; reporting (budgets, financials); preparation of market, feasibility, or other <br />economic studies; preparation of design, architectural, engineering, landscaping <br />architectural, planning, development, or other developmental studies; providing <br />accounting or audit services; providing special rehabilitation, restoration, or renovation <br />feasibility and cost analysis studies; assisting in preparation of the annual financial reports <br />required under Sections 800 and 900 of the Plan; providing property acquisition <br />appraisals; and evaluation of the plan and the success of its activities. Many of the activities <br />are provided through a contract between the City of Eugene and the Agency dated June 15, <br />2004. The Agency may also acquire, rent, or lease office space and office furniture, <br />equipment, and facilities necessary to conduct its affairs in the management and <br />implementation of this plan. <br />Projections for district administration assume that once the projects are complete, district <br />administration expenses will be reduced to a level that will be sufficient to run the loan <br />program, support ongoing investments within the Plan Area, and ensure administration of <br />outstanding debt, budget development, annual review of project activities, and financial <br />report preparation. Specifically, the administration projection summarized in the bullet <br />points below includes staffing for project delivery, ongoing financial administration, and <br />the loan program. Additional items in the projection include legal and consulting fees <br />necessary to protect the City/Agency and complete the Projects, debt issuance cost needed <br />for the Projects, and property management. <br /> <br /> Projectdelivery:1.1 FTE; $0.16M average per year FY21 thru FY23 <br /> Loanprogramadministration:0.9 FTE; $0.12M average per year thru FY25 <br /> Legalcosts,publicengagement,financialadministration,overhead&misc.: $0.12M <br />average per year thru FY25; higher during project years and a smaller amount for <br />maintenance over time <br />DebtIssuancecosts:$0.2M when issued; to be determined <br /> <br />ReportontheProposed2020Amendment 14 <br /> <br />