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Section 1100 - Recording of this Plan <br />A copy of the City Council's ordinance approving this plan shall be recorded with the <br />recording officer of Lane County. <br /> <br />Section 1200 - Procedures for Changes or Amendments <br /> <br />The plan will be reviewed and analyzed periodically and will continue to evolve during <br />the course of project execution and ongoing planning. It is anticipated that this plan will <br />be changed or modified from time to time or amended as development potential and <br />conditions warrant, as planning studies are completed, as financing becomes available, <br />or as local needs dictate. Types of Plan Amendments are: <br /> <br />A. Type One Amendment- Substantial Change Requiring Special <br />Notice <br />Type One amendments shall require approval per ORS 457.095, and notice as provided <br />in ORS 457.120. <br />Type One plan changes will consist of: <br /> <br />1. Increases in the urban renewal area boundary in excess of one percent (1%) of the <br />existing area of the renewal plan. <br /> <br />2. Increases in the maximum indebtedness that can be issued or incurred under this <br />plan. <br /> <br />B. Type Two Amendment - Substantial Change Not Requiring Special <br />Notice <br />Type two amendments shall require approval per ORS 457.095, but will not require <br />notice as provided in ORS 457.120. Type two amendments will consist of: <br /> <br />1. The addition of improvements or activities which represent a substantial change in <br />the purpose and objectives of this Plan, and which cost more than $500,000. The <br />$500,000 amount will be adjusted annually from the year 2003 according to the <br />"Engineering News Record" construction cost index for the Northwest area. <br /> <br />2. Any change or provision of this Plan which would modify the goals and objectives or <br />the basic planning principles of this plan. <br /> <br />Substantial changes shall include, but are not limited to, revisions in project boundaries, <br />land uses, project activities, street system changes, major relocation of the downtown <br />transit station, or other elements which will change the basic planning principles of this <br />plan. <br /> <br />DRAFTAMENDMENTS- Urban Renewal Plan For - 14 - <br />Central Eugene <br /> <br /> <br />