Item 1: Ordinance on Downtown Urban Renewal Amendment

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and policies, including the City Council’s 2009 Goals, and provides an outline for accomplishing the urban renewal projects proposed in the Plan; (4) No one will be displaced as a result of any of the four projects included in the proposed Plan; (5) No real property will be acquired as a result of the four projects; (6) Adoption and carrying out of the proposed Plan is economically sound and feasible as described in the Report included in Exhibit A; and (7) The City shall assume and complete any activities prescribed by the proposed Plan. THE CITY OF EUGENE DOES ORDAIN AS FOLLOWS: Section 1 . Based upon the above findings, the Report on the Urban Renewal Plan accompanying the Plan, and the blight findings attached as Exhibit B, all of which are hereby adopted, the Urban Renewal Plan for the Downtown Urban Renewal District attached as Exhibit A is approved and adopted as the urban renewal plan for the area set forth therein. Section 2. The City Recorder is requested to: (a) Publish a notice of the adoption of the amended Plan, in the Register-Guard, a newspaper published within the City of Eugene and having the greatest circulation within the City, no later than four days following the date that this Ordinance is adopted. In accordance with ORS 457.135, the notice shall contain a statement that the amended Plan shall be conclusively presumed valid for all purposes 90 days after its adoption by this Ordinance and that no direct or collateral attack on the action adopting the amended Plan may be commenced thereafter; (b) Forward a copy of this Ordinance and the amended Plan to the Urban Renewal Agency of the City of Eugene, which Agency will cause the amended Plan to be recorded in the official records of Lane County, Oregon; and (c) Forward a copy of this Ordinance and the amended Plan to the Lane County Assessor and request that the Assessor perform the duties directed by ORS 457.430 through ORS 457.450. Passed by the City Council this Approved by the Mayor this _____ day of _________________, 2010 ____ day of ____________________, 2010 __________________________________ __________________________________ City Recorder Mayor Ordinance - Page 3 of 3