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Exhibit 1 <br />Urban Renewal Agency of the City of Eugene, Oregon <br />Statement of Net Assets <br />June 30, 2009 <br />(amounts in dollars) <br />Assets <br />Equity in pooled cash and investments11,101,406 <br />Receivables (net of allowance)1,693,091 <br />Due from other governments21,329 <br />Other assets2,406,160 <br />Capital assets: <br /> Land and construction in progress2,268,648 <br /> Other capital assets (net of accumulated depreciation)2,989,456 <br />Total assets20,480,090 <br />Liabilities <br />Accounts payable and other liabilities4,995 <br />Total liabilities4,995 <br />Net assets <br />Invested in capital assets5,258,104 <br />Unrestricted15,216,991 <br />Total net assets20,475,095 <br />The accompanying notes are an integral part of the financial statements. <br />