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<br />a.Allow WG to purchase only the west quarter-block by September 30, 2009. <br /> <br />b.Negotiate an option for WG to purchase the east quarter-block and the alley by September <br />30, 2010. <br /> <br />c.Negotiate terms for the City to lease up to 15,000 square feet of office space in the west <br />quarter-block development. <br /> <br /> <br />SUGGESTED MOTION <br /> <br />Move to direct the Agency Director to amend the PSA consistent with the updated terms included in <br />Attachment A: Update of Key Terms, as follows: <br /> <br />a.Allow WG to purchase only the west quarter-block by September 30, 2009. <br /> <br />b.Negotiate an option for WG to purchase the east quarter-block and the alley by September <br />30, 2010. <br /> <br />c.Negotiate terms for the City to lease up to 15,000 square feet of office space in the west <br />quarter-block development. <br /> <br /> <br />ATTACHMENTS <br /> <br /> <br />A.Letter from WG Development dated June 2, 2009 <br /> <br />B.Site Diagram Indicating Proposed Project Phasing <br /> <br />C.Update of Key Terms <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 />Z:\CMO\2009 Council Agendas\M090610\S090610A.doc <br />