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URBANRENEWALPLANFORTHE DOWNTOWNURBANRENEWALDISTRICT Section100Introduction The Downtown Urban Renewal Plan was revised in 2016 to expand a previously approved project and to authorize several new projects. Parks, Public Plazas, Public Rest Rooms, Public Open Spaces, and Streets: Park Blocks and plazas throughout the Plan Area, including improvements to the Park Blocks for overall community use, to support the continued use for the Saturday Market, and to assist in the development of an improved permanent FarmPlan Area. The new redevelopment of the now vacant school building. Caps on the amount of tax increment funds available for each project were also included in the Plan. Except for these projects, the Agency will not initiate additional projects to be funded with tax increment dollars after the date of the 2016 Amendment. The Plan was amended in 2020 to remove the cap on the use of tax increment funds for the The Downtown Urban Renewal District will cease collecting tax increment dollars and return any unused tax increment funds to Lane County for redistribution to overlapping taxing districts as provided in Section 1300 A of this plan. Section200Definitions The following definitions will govern this Plan. 2016 Amendment means the update to the Plan that was completed in 2016. Agency means the Urban Renewal Agency of the City of Eugene. th Butterfly Parking Lot means the property on the northwest corner of 8 Avenue and Oak Street that is owned by Lane County and in use as a two-level parking structure. Downtown Plan means the Eugene Downtown Plan as adopted by the Eugene City Council in 2004 as a refinement of the Eugene Springfield Metropolitan Area General Plan. Eugene Fiber Implementation Plan means the plan to extend the municipal high-speed fiber network to downtown buildings and establish the high-speed connection between local and regional internet exchanges. 4