Item A: Envision Eugene - Flexible Implementation and Urban Growth Boundary Study Area Update

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systems. Further discussion about the value of investing in these data collection systems is needed. Periodic reporting of the relevant data will be produced for public review. Corvallis currently provides a monitoring report on limited factors that influence their land supply. This report is provided every one to two years and can be found at this link. While it is anticipated that Eugene will monitor more factors than those contained in the Corvallis report, the format of the report is a useful example of how the information can be made accessible.  Evaluation: The collected data from the ongoing monitoring program must be evaluated within the context of Eugene’s land supply and future need. At least every five years, an evaluation will be conducted to compare assumptions and projections that were used in determining Eugene’s land need with actual results. Any factors that vary substantially from the original estimate will be flagged for further tracking, analysis and possible adjustment.  Adjustment: At least every 10 years, the City will consider the need for adjustments to the Envision Eugene strategies. These adjustments are intended to correct assumptions that differ substantially from actual occurrences and have an effect on the demand or supply of land. Making adjustments more frequently than a 10-year interval is not recommended due to the natural cycles of development activity. Short-term booms or busts are not necessarily indicative of longer-term development trends and over-correcting for natural cycles in the market should be avoided. However, exceptions to the 10-year interval may be necessary. For instance, if new code is enacted that has a significant impact on the amount of buildable land available, an adjustment in the land supply may be necessary at the same time. Adjustments may include expanding the Urban Growth Boundary to address a shortage of land needed to meet an unanticipated demand or extending the land supply horizon. An adjustment may also be necessary if the incentives and strategies that are aimed at encouraging redevelopment along our transit corridors and key commercial areas are not successful. In that case, new strategies and incentives may need to be considered to meet the land need for multi- family and commercial development. As many of these incentives may take 10- plus years to take effect, adjustments are not recommended on a more frequent basis. Urban Growth Boundary Study Area Update In the event of a UGB expansion, the state requires specific steps to identify priority areas for expansion. At previous council work sessions, potential UGB expansion areas for public uses (parks and schools), industrial uses and single-family residential homes were presented. An update on study areas for single family homes, including more detailed information regarding services and capacity for additional homes in these study areas will be provided at this work session. NEXT STEPS Staff will continue to refine the list of data needs and put in place the systems necessary to begin collection and monitoring. The City Manager will include recommendations for urban growth boundary expansion options in the overall Envision Eugene recommendation. S:\CMO\2012 Council Agendas\M120222\S120222A.doc