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AGENCY OPTIONS <br /> <br />1. Approve the Outline of Terms and direct the Agency Director to enter into a Purchase and <br />th <br />Sale Agreement for the sale and development of the 10 & Charnelton development site. <br />2. Modify the Outline of Terms and direct the Agency Director to enter into a Purchase and <br />th <br />Sale Agreement for the sale and development of the 10 & Charnelton development site. <br />th <br />3. Provide other direction to the Agency Director regarding the sale and development of the 10 <br />and Charnelton development site. <br /> <br /> <br />AGENCY DIRECTOR’S RECOMMENDATION <br /> <br />The Agency Director recommends approving the Outline of Terms and directing the Agency <br />th <br />Director to enter into a Purchase and Sale Agreement for the sale and development of the 10 & <br />Charnelton development site. <br /> <br /> <br />SUGGESTED MOTION <br /> <br />Move to direct the Agency Director to enter into a Purchase and Sale Agreement for the sale and <br />th <br />development of the 10 & Charnelton development site consistent with the outline of terms <br />included as Attachment A. <br /> <br /> <br />ATTACHMENTS <br /> <br /> <br />A.Outline of Terms of Development dated October 13, 2008 <br /> <br />B.Unsigned Draft Letter from Darlene P. Morgan, Pacific University dated October 10, 2008 <br /> <br />C.Memo from staff regarding timeline for WG project dated October 13, 2008 <br /> <br />D.Alley Vacation Map <br /> <br />E.Letter from John Bartel, Vice President, Opus NWR Development dated October 3, 2008 <br /> <br /> <br />FOR MORE INFORMATION <br /> <br />Staff Contact: Nan Laurence <br />Telephone: 682-5340 <br />Staff E-Mail: nan.laurence@ci.eugene.or.us <br /> <br /> <br />Z:\CMO\2008 Council Agendas\M081022\S081022A.doc <br />