Ordinance No. 20459 - Laserfiche WebLink

Home Browse Search

the business, customer, and resident parking needs in the Plan Area, thereby supporting continued redevelopment in the Plan Area; (2) The Plan Area is a parking exempt zone, and the Broadway Place Garages relieve property owners in the Plan Area from the requirement to provide imbedded parking in new and redeveloped properties; and (3) The additional funding will allow the Broadway Place Garages to continue to provide these services to the Plan Area. C. LANE COMMUNITY COLLEGE NEW DOWNTOWN CAMPUS The Agency may spend up to $8 million of tax increment funds, plus associated interest, premium and other costs, to assist LCC in the development of a new downtown building for its programs at the 10 and Charnelton Site. Upon agreement by LCC and the City, the project may include a public plaza or open space area at the site and potentially a downtown public safety station. The Agency already has approved the sale of this site to LCC. LCC is proposing to build a new 80,000 square foot, mixed -use, state -of- the -art downtown education facility. The education building is targeted for LEED Platinum certification. LCC is also considering the construction of approximately 200 beds of student housing on the 10 & Charnelton Site. The new, highly - sustainable education building is expected to be a teaching tool for LCC's nationally recognized Energy Management program and to become a model for sustainable development. The new education facility will secure LCC's presence downtown for several decades and will be a major activity generator for downtown. The Agency may provide assistance with project related costs for the new education facility and housing, including construction hard and soft costs, site improvements, infrastructure, open space, green building features, art, and other project related cost. The LCC New Downtown Campus will serve and benefit the Plan Area because: (1) Existing education programs and new programs to be included in the new building will draw thousands of students and visitors to the Plan Area each year; (2) New housing residents will generate more activity in the Plan Area; and (3) This landmark building, coupled with the activity it generates, will become a major anchor that will support adjacent retail and services in the Plan Area, enhance the perception of safety by introducing high volumes of new pedestrian traffic in the Plan Area, and attract new investments in the Plan Area. D. ADMINISTRATIVE ACTIVITIES Many of the Agency's administrative activities are provided through a contract between the City of Eugene and the Agency dated June 15, 2004. 1. The Agency may retain the services of independent professional people or organizations to provide administrative or technical services such as: a. Project management; b. Preparation of market, feasibility, or other economic studies; c. Preparation of design, architectural, engineering, landscaping architectural, planning, development, or other developmental studies; Downtown Urban Renewal Plan —June , 2010 5