Ordinance No. 20120 - Laserfiche WebLink

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P1 an„area, means the entire Central Eugene Project plan area. Redeye~aper means any individual or group which acquires property or which receives f~nanc~al assistance for the physical improvement of publicly or privately held structures and land within the project area. Rehabilitation means the act ar process of returning a property to a state o utilit thro f y ugh repair or alteration which makes possible an efficient contemporary use while preserving those portions or features of the ro ert which are s~ n~ficant to i ~ p p y g is h ~ story cal , arch ~ tectural , and cultural values . Re art on the tan means the textual material and graphic exhibits discusse in ORS 457.085 3 d ~ } which explains ex~st~ng cond~t~ons, act~v~t~es, rocedures and ro osals of the Lan. p p p p State means the State of Oregon and its various agencies, divisions and departments. ' Tax increment financin means a method of financing urban renewal ro'ects as authorized b ORS Cha to p ~ y p x•451, which uses the tax revenues generated by the increased taxable values ~n a defined area to pay far improvements within that area or benefiting that area. Text means Part 1 of this Urban Renewal Plan for the Central Eugene Project. J Section 3o0--Le al Descri tions A. Le al Boundary The Central Eugene Project includes that area of approximately 10 acres as originally established i n 1968. The fol 1 owl ng i s a 1 egal description of the boundary of the Central Eu ene .~~ Pro 'ect 1 an area: g J p The project area includes all of the land within the boundaries desi Hated on g the Project Boundaries Map attached as Exhibit A and is described as containing all lots or parcels of property, situated in the City of Eu ene, Count of Lane State g y of Oregon, bounded generally as follows: Beginning at the southwest corner of the intersection of 11th Avenue and Charnel tan Street in the City of Eugene, Lane County, Oregon, commencin g northerly along the west right-af-way 1~ne of Charnelton Street to the oint of ~ntersect~an of the - p south right-of way line of the alley between 10th Avenue and Broadway; ~1} thence, westerly along the south right-ofWway line of said alley to the west line of Lincoln Street; ~2} thence,.northerly along the west right-of-way line of Lincoln Street to the point of intersection of the north right-of-way line of the alley between Broadway and 8th Avenue if extended; _2-