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Item 3 - PH on Downtown UR Plan
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Item 3 - PH on Downtown UR Plan
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6/9/2010 12:42:02 PM
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8/9/2004 11:49:35 AM
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Agenda Item Summary
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8/9/2004
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Exhibit D - Prior Program Activities <br />Program Activities from Prior Version of Plan Report <br /> <br /> The following program activities are provided for in the plan and are more fully <br /> described below. Costs are estimated in 1989 dollars. The projects are not prioritized. <br /> The costs are predesign estimates and represent the high range of the projected cost. <br /> The primary funding sources are tax increment cash flow and tax increment bonding. <br /> FY90 is considered to be year one. <br /> <br /> Parking Facility Loans <br /> <br /> · Parking Facility, 8th and Willamette. Construction of a parking facility in <br /> conjunction with the development of the parcel at 8th and Willamette. Estimated <br /> Tax Increment contribution, $5,000,000 in year one. <br /> <br /> · Parkinq Facility, 11th and Willamette. Loan for construction of a parking facility as <br /> part of the development at 11th and Willamette. Estimated loan $1,000,000 in <br /> year one. <br /> <br />Public Space Improvements <br /> <br /> · Public Riqht-of-Way Redesiqn. Redesign of Willamette Street between 8th and <br /> 10th, Olive between 8th and 10th, and Broadway between Willamette and Oak in <br /> accordance with the Mall Improvement Design Concepts, and to relate to future <br /> development along the street. Estimated cost, $2,100,000 in year two and three. <br /> <br /> · Existinq Plaza Redesiqn and Downtown Mall Restroom Development. Redesign <br /> of the plaza at the Broadway and Willamette intersection in accordance with the <br /> Mall Improvement Design Concepts. Development of new handicapped <br /> accessible public restrooms within the mall area. Estimated cost, $350,000 in <br /> year three. <br /> <br /> · Various Downtown Sidewalk/Fronta.qe Improvements, Site Preparation. Improve <br /> streets, street frontages, alleys, sidewalks, benches, lights, landscaping, signing <br /> for the handicapped, etc. in areas within Renewal District concurrent with site <br /> development. Estimated cost, $700,000 in years one and two. <br /> <br /> · Various Downtown Sidewalk/Fronta.qe Improvement.~. Improve street frontages, <br /> alleys, sidewalks, benches, lights, landscaping, signing for the handicapped, etc. <br /> in areas within or directly benefiting Renewal District. Estimated cost, $350,000 <br /> in various years. <br /> <br /> - 27 - <br /> <br /> <br />
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