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Exhibit 1 <br />Urban Renewal Agency of the City of Eugene, Oregon <br />Statement of Net Assets <br />June 30, 2010 <br />(amounts in dollars) <br />Assets <br />Equity in pooled cash and investments9,676,714 <br />Cash with fiscal agent500,000 <br />Receivables (net of allowance)2,196,814 <br />Due from other governments16,827 <br />Assets held for resale2,406,160 <br />Capital assets: <br /> Land and construction in progress2,215,459 <br /> Other capital assets (net of accumulated depreciation)2,785,487 <br />Total assets19,797,461 <br />Liabilities <br />Accounts payable and other liabilities6,438 <br />Due to other governments285 <br />Total liabilities6,723 <br />Net assets <br />Invested in capital assets5,000,946 <br />Unrestricted14,789,792 <br />Total net assets19,790,738 <br />The accompanying notes are an integral part of the financial statements. <br /> <br />