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Item A: Eugene Comprehensive Lands Assessment
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Item A: Eugene Comprehensive Lands Assessment
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8/10/2009
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ECLA: Baseline Assumptions ECONorthwest July 2009 Page 41 <br />? <br />The supply-side analysis is not required by state law. Its potential value is that it <br /> <br />may provide a more detailed tracking of the categories of tax lots that are <br />assumed to be contributing to redevelopment, which could help respond to <br />questions about UGB capacity in the event that some of those tax lots are re- <br />zoned in the future. Ideally, a complete supply-side analysis might create <br />multiple redevelopment rates: rates that might be specific to plan designation, lot <br />size, or other characteristics. <br />Where there may not be agreement among all CAC members and City staff is <br />30 <br />whether supply-side analysis has benefits that exceed its costs. Depending on the <br />amount of disaggregation desired, generating redevelopment rates for many <br />combinations of zoning and land attributes could take quite a bit of time. More <br />important, even if it were no extra effort, that level of detail creates yet more detail for <br />debate and challenge. We noted at a CAC meeting that this type of analysis is like <br />fractals: turning up the magnification does not reduce complexity or uncertainty. <br />Assume that a good-faith effort was made to describe historical amounts of <br />redevelopment by plan designation (e.g., LDR, MDR) and to compare those amounts to <br />the total theoretical capacity by plan designation. How does that theoretical capacity get <br />estimated? A simple technique would be to multiply all land in a zone (say, LDR) by the <br />maximum allowed capacity. But we know that there are many reasons that much of that <br />land will not develop to its maximum. It may be constrained by slopes, for example: we <br />could bring in a slope layer from the GIS and make some assumptions. It may be <br />constrained by other policy overlays, for example: we could try to identify all those, <br />map them where possible, and from the some assumptions about the impact on <br />capacity. Both of those types of issues are ones we have dealt with for vacant land. But <br />the land may be constrained by parcel configuration, the location and size of the <br />building footprint, or the types and locations of uses in surrounding parcels: we have <br />no easy way to deal with those issues globally—they require parcel-specific analysis. <br />And, finally, it is clear that market conditions affect the likelihood of redevelopment <br />and thus, by definition, the capacity of any developed tax lot to contribute new <br />dwelling units to the housing stock. The concern of City staff and the consultants is that <br />what may start as a relatively simple exercise to estimate capacity in some <br />theoretical <br />aggregated and generalized sense will become, little by little, a complicated exercise to <br />get to a more estimate of capacity, with no clear technical end to the <br />refinedactual <br />legitimate debate and the analysis that could inform it. <br />Given all these points, and after evaluating them in more detail than this summary <br />provides, City staff directed the consultants to proceed as follows regarding <br />redevelopment: <br /> <br /> <br /> We cannot say, because we are writing this memorandum in response to CAC comments, but in advance of <br />30 <br />having met with the CAC to get its reaction to the points we are making. <br /> <br /> <br />
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