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ATTACHMENT C <br />and Conference Center also bring thousands of visitors to the downtown core daily <br />which supports local downtown business activity. The debt for the conference <br />center was completely paid off using tax increment revenues. The Hilton property <br />generates over $124,000 in annual property tax revenue. <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />Project: Downtown Art <br /> <br />Summary: <br />URA funds have traditionally been used to place new art downtown. <br />When Willamette Street was reopened in 1996, URA provided $75,000 for art <br />including the Four Seasons sculptures. The URA has also commissioned art pieces <br />placed downtown, including the nature sculpture located on Olive Street near the <br />corner of Broadway and the animal sculptures featured along Broadway. <br /> <br />Outcome: <br /> Downtown art reinforces downtown’s role as the cultural center for the <br />community, enhances the pedestrian experience, and creates landmarks that identify arts <br /> <br />districts downtown. <br /> <br /> <br /> <br />