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<br /> <br /> <br />2.Amend the terms and conditions included in Attachment C, and authorize the Agency Director <br />to enter into a purchase and sale agreement with LCC consistent with the amended terms and <br />conditions. <br /> <br />3.Take no action at this time. <br /> <br /> <br />AGENCY DIRECTOR’S RECOMMENDATION <br />The Agency Director recommends that the URA Board authorize the Agency Director to enter into a <br />purchase and sale agreement with LCC consistent with the terms and conditions included in <br />Attachment C. <br /> <br /> <br />SUGGESTED MOTION <br /> <br />th <br />Move to authorize the Agency Director to enter into an agreement with LCC to 1) sell the 10 & <br />Charnelton property to LCC at no cost (or $1.00) consistent with the terms and conditions included in <br />Attachment C, and 2) if the City Council amends the downtown urban renewal plan to increase the <br />maximum indebtedness limit, and includes LCC as a project in that amendment, then the URA will <br />agree to purchase LCC’s Willamette Street property for $1,200,000 consistent with the terms and <br />conditions included in Attachment C. <br /> <br /> <br />ATTACHMENTS <br /> <br />th <br />A. Map of 10 & Charnelton Site <br />B. Map of LCC Willamette Street Property <br />C. Terms for the Transfer of Property <br /> <br /> <br />FOR MORE INFORMATION <br /> <br />Staff Contact: Denny Braud <br />Telephone: 541-682-5536 <br />Staff e-mail: denny.braud@ci.eugene.or.us <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />