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<br /> <br />Attachment E <br />Possible Local Stimulus Actions <br /> Ideas that have already been implemented, <br />? <br /> Ideas that the City organization is looking into administratively, and; <br />? <br />? Ideas for Council to consider, discuss and give feedback to staff. <br />Idea <br />Status <br />JOB CREATION: <br />Supporting existing business, <br />retaining existing jobs, & creating new jobs <br />Items already doing or exploring: <br />? <br />Direct lending in the Business Development Fund (BDF) to businesses with large job creation <br />potential (manufacturing, technology, etc.) <br />? <br />Check-in with BDF loan recipients to identify issues and expansion opportunities <br />? <br />Ongoing support for job creation through the Enterprise Zone program <br />? <br />Economic Development two-part Summit to create regional strategy <br />? <br />Advance / accelerate work on affordable housing construction & rehabilitation projects <br />?Advance / accelerate work on affordable housing construction & rehabilitation projects <br />? <br />Advance / accelerate work on non-profit service agency rehabilitation projects <br />? <br />ARRA project through ODOT for street repairs: $1.1 million to repair W. 1st Ave. from Seneca to <br />Bertelsen roads; $800,000 to preserve Garfield St from 6th to 11th aves; $750,000 to repair High St <br />from 3rd to 17th aves; and $340,000 to fix Crescent Ave from Game Farm to Shadow View <br />? <br />ARRA project: 14 major street repair projects in 2009, primarily funded by voter-approved bonds <br />and local gas tax receipts. <br />? <br />ARRA project: Delta Ponds Bridge, an 1,000-foot-long elevated pedestrian-bicycle path over the <br />Delta Ponds and Delta Highway to connect Ruth Bascom Riverbank Trail in the Valley River area to <br />Cal Young neighborhood in north Eugene. $6.2 million project with $2.25 million in TE grants, <br />$3.65 million ther federal transportation sources & local funds to meet matching requirements <br />balance of project cost. <br />? <br />ARRA project: $180,000 TE grant to fund pedestrian facilities, traffic calming and bicycle-related <br />components as part of a larger site improvement project at the Eugene Train Depot at the north end <br />of Willamette Street, operated by Amtrak <br />$ <br />Explore placing conditions on invested City fund balances with the intent to loosen local credit <br />market for support of economic development. <br />$ <br />Implement City business assistance team to address issues confronted by individual businesses: <br />• Proactive business contacts to identify issues & opportunities <br />• Work with business & associations to promote job creation opportunities <br />• Regulatory resolution to facilitate business operations & expansion <br />• Marketing efforts <br />• Work with community partners to coordinate services & support for local businesses. <br /> <br />