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Mr. Clark appreciated the intent of Ms. Taylor's motion but did not think the project would go forward if <br />it passed. He pointed out that no government entity lost tax revenue that was not collected in the first <br />place. <br />Mr. Zelenka highlighted the greater financial risk of projects constructed in downtown. He believed that <br />the property in question would continue to be vacant in the absence of an incentive. <br />The motion failed, 6:2; Ms. Taylor and Mr. Brown voting yes. <br />Mr. Brown did not think anyone had made a successful argument that the proposal was the highest and <br />best use of the property. He preferred to see it developed for mixed -use residential rather than dedicated <br />to a transient student monoculture. He repeated his concerns about the environmental assessment and <br />questioned the adequacy of the triple bottom line analysis. No one had demonstrated that there was a <br />shortage of student housing. He did not think projected enrollment demonstrated a future shortage. <br />Tenants who occupied the development would come from other existing rental units and disadvantage <br />current landlords. He did not find the development to be in the public interest. <br />Ms. Taylor agreed with Mr. Brown's remarks. She suggested that the site could be developed in a <br />manner more in the public interest. She did not think the council had taken sufficient time to review the <br />project. <br />Ms. Taylor, seconded by Mr. Brown, moved to postpone action. The motion failed, 6:2; <br />Ms. Taylor and Mr. Brown voting yes. <br />The amended motion passed, 6:2; Ms. Taylor and Mr. Brown voting no. <br />Mayor Piercy adjourned the meeting at 1:30 p.m. <br />Respectfully submitted, <br />,8 tt. J vAk� <br />Beth Forrest <br />City Recorder <br />(Recorded by Kimberly Young) <br />MINUTES— Eugene City Council May 9, 2012 Page 5 <br />Work Session <br />