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<br /> <br />The requested action is to forward the proposed amendments to the Downtown Urban Renewal Plan to <br />the Planning Commission and overlapping taxing districts for their review and input prior to holding a <br />public hearing before the City Council. (Attachment K includes a draft of the amended plan. <br />Attachment L includes a report on the plan that sets out financial information about the impact of the <br />plan. The plan amendment process is described in Attachment J.) <br /> <br /> <br />SUGGESTED MOTION <br /> <br />Move to forward to the Planning Commission and overlapping taxing districts the proposed <br />amendments to the Downtown Urban Renewal Plan, consistent with the draft plan and report included <br />in Attachments K and L. <br /> <br /> <br />ATTACHMENTS <br /> <br /> <br />A.Summary of Council Discussions and Actions on Economic Development and Downtown <br /> <br />B.Downtown Strategies and Projects Diagram <br /> <br />C.Projects Information Update <br /> <br />D.Comparison of the Funding Options <br /> <br />E.Taxpayer Impact for Each Funding Option – Example Tax Statements <br /> <br />F.Existing Resources – Funding Option <br /> <br />G.Downtown District No Longer Collects Tax Increment – Impact <br /> <br />H.General Obligation Bond – Funding Option <br /> <br />I.Local Option Levy – Funding Option <br /> <br />J.Downtown Urban Renewal – Funding Option <br /> <br />K.Proposed Downtown Urban Renewal Plan <br /> <br />L.Report on the Downtown Urban Renewal Plan <br /> <br /> <br />FOR MORE INFORMATION <br /> <br />Staff Contact: Sue Cutsogeorge, Finance Director <br />Telephone: 541-682-5589 <br />Staff e-mail: sue.l.cutsogeorge@ci.eugene.or.us <br /> <br />Staff Contact: Amanda Nobel Flannery, Development Analyst <br />Telephone: 541-682-5535 <br />Staff e-mail: amanda.nobelflannery@ci.eugene.or.us <br /> Z:\CMO\2010 Council Agendas\M100308\S100308A.doc <br />