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COUNCIL OPTIONS <br /> <br />The council can choose to take action in support of the East Broadway Development Projects by <br />approving the suggested motions below or decline to support the project as proposed. <br /> <br /> <br />CITY MANAGER’S RECOMMENDATION <br /> <br />The City Manager recommends that the council take action in support of the East Broadway <br />Development Projects by approving the four motions suggested below. <br /> <br /> <br />SUGGESTED MOTIONS <br /> <br />1)Move to adopt Resolution No. 4862 granting an exemption from competitive selection <br /> requirements for a personal services contract relating to developer services and developer’s <br /> selection of a general contractor for construction of a public parking facility; and approving <br /> findings relating thereto. <br /> <br /> <br />2)Move to authorize the City Manager to enter into a land transaction agreement between <br /> property owned by the City and property owned by the Shedd Institute for the Arts, LLC for <br /> the purposes of participating in the East Broadway Development Projects, in substantial <br /> conformity with the outline of terms described in Attachment B. <br /> <br /> <br />3)Move to authorize the City Manager to enter into a Development Agreement with Broadway <br /> & High Associates and Gerding/Edlen Development Company for the public garage as part <br /> of the East Broadway Development Projects, in substantial conformity with the outline of <br /> terms described in Attachment C. The Development Agreement shall include a maximum <br /> payment to B & H and GED for the garage construction of $7 million. <br /> <br /> <br />4)Move to authorize the City Manager to sign an intergovernmental agreement between the <br /> City of Eugene and the Urban Renewal Agency in substantial conformity with the outline of <br /> terms described in Attachment E. <br /> <br /> <br />ATTACHMENTS: <br />A. Resolution No. ___ <br />B. Land Transaction with the Shedd <br />C. Development Agreement <br />D. Intergovernmental Agreement <br />E. Financing Strategy <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 />L:\CMO\2006 Council Agendas\M060315\S060315A.doc <br /> <br />