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HomeMy WebLinkAboutOrd. 20700Ordinance -- Page 1 of 5 ORDINANCE NO. 20700 AN ORDINANCE ADOPTING AN AMENDED URBAN RENEWAL PLAN FOR THE RIVERFRONT URBAN RENEWAL DISTRICT AND PROVIDING AN EFFECTIVE DATE. The City Council of the City of Eugene finds that: A. On September 11, 1985, the City Council passed Ordinance No. 19352 adopting the Riverfront Research Park Urban Renewal Plan. B. On March 10, 2004, the City Council adopted Ordinance No. 20313 changing the name of the “Riverfront Research Park Urban Renewal Area” to the “Riverfront Urban Renewal Area”, adding acreage to the Riverfront Urban Renewal Area (“the Plan Area”), and adopting the amended Riverfront Urban Renewal District Plan (“the Plan”). C. On February 12, 2018, the Agency Board approved Resolution 1085 adding 1.1 acres to the Plan Area. D. On February 12, 2018, the Agency Board approved Resolution 1086 adding 0.76 acres to the Plan Area. E. The City Council’s adopted 2021 Vision, Values, Goals and Outcomes include as a goal “A community that meets its present environmental, economic, and social needs while planning for and investing in the ability of future generations to meet their own needs,” as well as the outcomes of “encourage[ing] and sustain[ing] downtown, transit corridors, and riverfront growth,” and “[i]ncreas[ing] access and options to housing and shelter.” F. In the Fall of 2022, city staff conducted a robust community outreach effort to identify priorities and projects that would enhance downtown Eugene’s role as the regional economic, governmental, and cultural center of the city. The western portion of the Plan Area includes properties that are typically considered part of the downtown core and connect downtown to the Willamette River. The effort also sought public input on projects and priorities to support downtown Eugene as a safe and vibrant place to live, work, and visit. The public outreach effort led to six categories of recommendations for Eugene’s downtown: Housing; Public Safety; Social Services; Commercial Activity and Development; Public Spaces and Mobility; and Events and Culture. G. On November 9, 2022, the Urban Renewal Agency Board considered the future of the Riverfront Urban Renewal District and outstanding projects in the Downtown Riverfront and directed the Agency Director to draft a proposal to amend the Riverfront Urban Renewal Plan to expand the Riverfront Urban Renewal District’s financial capacity and to amend and clarify the list of eligible projects in the Plan. Ordinance -- Page 2 of 5 H. On September 13, 2023, the Agency Board initiated the process to amend the Riverfront Urban Renewal Plan in order to specify the project activities to be undertaken and to increase the Plan’s total maximum indebtedness. I. The Plan includes as eligible projects activities previously initiated by the Agency Board, including redevelopment of the Steam Plant and development of an Affordable Housing project in Downtown Riverfront. The Plan continues to include authorization for the projects designated in Section 600A(7) of the 2004 Riverfront Urban Renewal Plan and Section 600D(5) of the Plan attached as Exhibit A to this Ordinance as “Other Public Facilities.” New project categories in the proposed Plan attached as Exhibit A to this Ordinance include: development fee assistance for the creation of new housing in the Plan Area; real property acquisition and disposition to support the creation of housing in the Plan Area; physical improvements in the Plan Area to address safety and comfort, including street, curb, alley and sidewalk improvements, streetscape projects, and pedestrian, bicycle and multi-modal transportation improvements; and projects directed or initiated by the Agency Board, which could include transmission line rerouting, parking and mobility, open spaces, and/or development support. J. On September 22 and 27, 2023, copies of the proposed Plan amendment and the accompanying report were delivered to the following affected taxing districts by mail and email, along with an offer to consult and confer with each district: Lane County, Lane Community College District, Lane Education Service District, and Upper Willamette Soil and Water Conservation District. The Lane County Board of Commissioners reviewed the proposed Plan amendment and expressed support for the Plan amendment. On October 17, 2023, the County Board discussed the fiscal impacts of the amendment, including revenue sharing and redevelopment of the Steam Plant, as a needed commitment to economic development. K. On September 22, 2023, copies of the proposed Plan amendment and the accompanying report were delivered to the Eugene School District 4J by mail and email, along with a request for concurrence from the 4J Board on a proposed increase in total maximum indebtedness for the Riverfront Urban Renewal District of up to $45 million. ORS 457.220 provides that in order to increase the Plan’s total maximum indebtedness by more than 20% of the Plan’s initial maximum indebtedness, the written concurrence of taxing districts imposing at least 75% of the permanent rate levy for the Riverfront Urban Renewal Plan Area is required. The City of Eugene and Eugene School District 4J impose more than 75% of the amount of the taxes imposed under permanent rate limits in the Riverfront Urban Renewal Plan Area. On November 1, 2023, the 4J Board voted to support the proposed Plan amendments and on November 3, 2023, the District provided a written statement of concurrence with the proposed Plan amendments. L. On September 29, 2023, notice of the City Council’s public hearing on the proposed Plan amendment was mailed to all owners of real property located in the City as required by ORS 457.120. M. On October 10, 2023, the Eugene Planning Commission reviewed the proposed Plan amendment and the accompanying report and recommended that the Council adopt the proposed Plan amendment based on the City’s land use policies. Ordinance -- Page 3 of 5 N. On October 16, 2023, the City Council held a public hearing on the proposed Plan amendment. O. On November 15, 2023, the City Council held a work session to consider public testimony, comments from affected taxing districts, and the Planning Commission’s recommendation on the proposed Plan amendment. At that work session the City Council directed the City Manager to return with an ordinance that would increase the total maximum indebtedness for the Plan by $75 million. P. On December 13, 2023, city staff attended a board meeting to request concurrence from Eugene School District 4J Board on a proposed increase in total maximum indebtedness for the Riverfront Urban Renewal District of $75 million. ORS 457.220 provides that in order to increase the Plan’s total maximum indebtedness by more than 20% of the Plan’s initial maximum indebtedness, the written concurrence of taxing districts imposing at least 75% of the permanent rate levy for the Riverfront Urban Renewal Plan Area is required. The City of Eugene and Eugene School District 4J impose more than 75% of the amount of the taxes imposed under permanent rate limits in the Riverfront Urban Renewal Plan Area. Q. Based on the recommendations of the Agency Board and the Planning Commission, and the written and oral testimony provided to the Planning Commission and the City Council, the City Council hereby finds and determines that: (1) The Plan includes the following elements: (a) An increase in the Plan’s maximum indebtedness of $75 million, for a total of $109.8 million. (b) Retention of activities previously initiated by the Agency Board as eligible projects, including redevelopment of the Steam Plant and development of an Affordable Housing project in Downtown Riverfront. The Plan also continues to include authorization for the projects designated in Section 600A(7) of the 2004 Riverfront Urban Renewal Plan and Section 600D(5) of the Plan attached as Exhibit A to this ordinance as “Other Public Facilities.” (c) The addition of new project categories to the Plan, including: development fee assistance for the creation of new housing in the Plan Area; real property acquisition and disposition to support the creation of housing in the Plan Area; physical improvements in the Plan Area to address safety and comfort, including street, curb, alley and sidewalk improvements, streetscape projects, and pedestrian, bicycle and multi-modal transportation improvements; and projects directed or initiated by the Agency Board, which could include transmission line rerouting, parking and mobility facilities, open spaces, and/or development support. (2) The area defined in the Plan attached as Exhibit A is blighted for the reasons explained in Exhibit C to this Ordinance; Ordinance -- Page 4 of 5 (3) The rehabilitation and redevelopment described in the Plan is necessary to protect the public health, safety or welfare of the City; (4) The Plan conforms to the Eugene-Springfield Metropolitan Area General Plan, Statewide Land Use Planning Goals, the Downtown Plan, the City’s adopted Growth Management Policies, the Envision Eugene Comprehensive Plan, the Eugene 2035 Transportation System Plan, Eugene’s Community Climate Action Plan 2.0, the Housing Implementation Pipeline, and other City plans and policies, and provides an outline for accomplishing the urban renewal projects proposed in the Plan; (5) No specific relocation activity is identified in the Plan; however, provision has been made in Chapter 10 of the Report included in Exhibit B to this Ordinance, to, if necessary, house displaced persons within their financial means in accordance with ORS 35.500 to 35.530, and, except in the relocation of elderly individuals or individuals with disabilities, without displacing on priority lists persons already waiting for existing federally subsidized housing; (6) To the extent acquisition of real property is provided for by the Plan, it is necessary to implement the projects included in the Plan; (7) Adoption and carrying out of the Plan is economically sound and feasible as described in the Report included in Exhibit B to this Ordinance; (8) The City shall assume and complete any activities prescribed it by the Plan; and (9) The City Council concurs in the amount of total maximum indebtedness included in the Plan attached as Exhibit A to this Ordinance. THE CITY OF EUGENE DOES ORDAIN AS FOLLOWS: Section 1. Based upon the above findings, the Report attached as Exhibit B, and the blight findings attached as Exhibit C to this Ordinance, all of which are hereby adopted, the revisions to the Urban Renewal Plan for the Riverfront Urban Renewal District, as reflected in Exhibit A attached hereto, are approved and adopted as the urban renewal plan for the area set forth therein. Section 2. The City Manager is requested to: (a) Publish a notice of the adoption of the amended Plan in the Register-Guard, a newspaper published within the City of Eugene and having the greatest circulation within the City, no later than four days following the date that this Ordinance is adopted. In accordance with ORS 457.135, the notice shall contain a statement that the amended Plan shall be conclusively presumed valid for all purposes 90 days after its adoption by this i Urban Renewal Plan for the Riverfront Urban Renewal District Adopted September 11, 1985 -Amended-March 2004February 2018 Amended January 22, 2024, by Ordinance No. 20700 Urban Renewal Agency of the City of Eugene, Oregon Exhibit A i Table of Contents Section 100 – Introduction ................................................................................................................................ 1 Section 200 – Definitions ................................................................................................................................... 1 Section 300 – Legal Description ...................................................................................................................... 3 Section 400 – Goals and Objectives ................................................................................................................ 3 A. Goals ................................................................................................................................................................................................ 3 B. Objectives ...................................................................................................................................................................................... 3 Section 500 – Land Use Plan ............................................................................................................................. 4 Section 600 – Urban Renewal Projects ......................................................................................................... 4 A. Existing Activities ...................................................................................................................................................................... 4 B. Additional Housing .................................................................................................................................................................. 4 C. Physical Improvements to Address Safety and Comfort ......................................................................................... 5 D. Projects Directed/Initiated by the Agency Board ..................................................................................................... 6 E. Loans and Grants ...................................................................................................................................................................... 8 F. Project Delivery and Administrative Activities ........................................................................................................... 8 Section 700 – Methods for Financing the Projects ................................................................................... 9 Section 800 – Annual Financial Statement Required .............................................................................. 9 Section 900 – Community Member Participation .................................................................................... 9 Section 1000 – Non-Discrimination............................................................................................................... 9 Section 1100 – Recording of This Plan ......................................................................................................... 9 Section 1200 – Procedures for Changes or Amendments ................................................................... 10 A. Type One Amendment – Substantial Change Requiring Special Notice ........................................................ 10 B. Type Two Amendment – Substantial Change Not Requiring Special Notice .............................................. 10 C. Type Three Amendment - Minor Amendment ........................................................................................................... 10 D. Amendment to the City's Comprehensive Plan or any of its Implementing Ordinances ....................... 10 Section 1300 – Duration and Validity of Approved Plan ..................................................................... 10 A. Duration of the Plan .............................................................................................................................................................. 10 B. Validity ......................................................................................................................................................................................... 11 Section 1400 – Maximum Indebtedness .................................................................................................. 11 Section 1500 – Formal Matters ..................................................................................................................... 12 Plan Exhibit A: Plan Area Map ...................................................................................................................... 13 Plan Exhibit B: Plan Area Description ........................................................................................................ 14 Plan Exhibit C: Analysis Of The Plan’s Conformance To The Comprehensive Plan And Other Local Plans ............................................................................................................................................................. 17 A. Eugene-Springfield Metropolitan Area General Plan (Metro Plan) ............................................................... 17 B. Envision Eugene Comprehensive Plan .......................................................................................................................... 20 C. Eugene 2035 Transportation System Plan.................................................................................................................. 20 D. Housing Implementation Pipeline .................................................................................................................................. 21 E. Climate Action Plan 2.0 ........................................................................................................................................................ 23 G. Eugene Downtown Plan ....................................................................................................................................................... 24 ii I. ADOPTION Ordinance Number Date Purpose Ordinance No. 19352 9/11/85 Adoption of the Urban Renewal Plan II. AMENDMENTS Ordinance/ Resolution Number Date Purpose Ordinance No. 20313 3/10/2004 The First Amendment to the Riverfront Research Park Urban Renewal Plan made the following changes to the Plan: o Changed the name of the urban renewal area from “Riverfront Research Park Urban Renewal Area” to “Riverfront Urban Renewal Area”. o Added 34.5 acres of land to the renewal area. o Expanded and revised the list of project activities to be undertaken under the First Amendment to the Plan. o Provided new cost estimates of project activities to be undertaken under the First Amendment to the Plan. o Extended the duration of time required to pay off project indebtedness to June 30, 2024. o Provided new information on the impact that carrying out the Plan will have on other taxing bodies under Measure 50. Resolution No. 1085 2/12/2018 o Increased boundary by 1.1 acres (North of 4th Avenue Expansion) Resolution No. 1086 2/12/2018 o Increased boundary by 0.76 acres (Quiet Zone Expansion) 1 URBAN RENEWAL PLAN FOR THE RIVERFRONT URBAN RENEWAL DISTRICT Section 100 – Introduction The Riverfront Urban Renewal Plan (the “Plan”) was revised in 2024 to make the following changes: • Specifies project activities to be undertaken; • Increases the Plan’s maximum indebtedness to allow for those specific projects; and • General updating of the Plan. The Plan outlines specific activities related to two projects previously initiated by the Urban Renewal Agency Board: redevelopment of the Steam Plant and development of an Affordable Housing project in the Downtown Riverfront. The Plan continues to include authorization for the projects designated in Section 600A(7) of the 2004 Riverfront Urban Renewal Plan, and Section 600D(5) of this amended Plan as “Other Public Facilities.” The Plan also includes activities related to new projects that address the challenges in the Plan Area, including those identified through a robust community outreach effort in fall of 2022, known as Downtown Priorities and Projects. The Downtown Priorities and Projects effort led to recommended improvements for Eugene’s downtown, which includes the western end of the Plan Area, in six categories: Housing; Public Safety; Commercial Activity and Development; Public Spaces and Mobility; and Events and Culture. Eligible project activities include previously approved projects and new project categories and are discussed in more detail under Section 600 of this Plan; including, “Additional Housing,” “Physical Improvements to Address Safety and Comfort” and “Projects Directed/Initiated by the Agency Board.” The 2024 Amendment increases the maximum indebtedness from $34.8 million to $109.8 million. The Riverfront Urban Renewal District will cease collecting tax increment dollars and return any unused tax increment funds to Lane County for redistribution to overlapping taxing districts as provided in Section 1300A of this Plan. Section 200 – Definitions The following definitions will govern this Plan unless the context otherwise requires. 2004 Amendment means the update to the Plan that was completed in 2004. 2018 Amendments mean the two minor updates to the Plan Area that were completed in 2018. Agency means the Urban Renewal Agency of the City of Eugene. 2 Blighted areas means areas which, by reason of deterioration, faulty planning, inadequate or improper facilities, deleterious land use, or the existence of unsafe structures, or any combination of these factors, are detrimental to the safety, health, or welfare of the community. A blighted area is characterized by the existence of one or more of the conditions described in the definition of “Blighted Areas” in ORS 457.010. City means the City of Eugene. Downtown Plan means the Eugene Downtown Plan as adopted by the Eugene City Council in 2004 as a refinement of the Eugene Springfield Metropolitan Area General Plan. The eastern portion of the Downtown Plan boundary includes the western portion of the Plan Area. Downtown Riverfront means the 16 acres of riverfront property the Agency purchased from EWEB in 2018 to facilitate the redevelopment of EWEB’s former utility yard. The Downtown Riverfront includes the Riverfront Park and Plaza, the Steam Plant, and the parcels of the Downtown Riverfront that have been or may be sold to a private developer for new residential and/or commercial development. EWEB means the Eugene Water and Electric Board. ORS means the Oregon Revised Statutes. ORS Chapter 457 regulates the urban renewal process. Plan means the Urban Renewal Plan for the Riverfront Urban Renewal District. Plan Area means the property included in the Riverfront Urban Renewal District as more fully described in Section 300. Projects means the urban renewal projects listed in Section 600 of the Plan. Report on the Plan means the textual material and graphic exhibits required by ORS 457.085(3) that explains existing conditions, activities, procedures, and proposals of the Plan. Riverfront Park and Plaza means the 3-acre Downtown Riverfront Park and 1-acre Plaza located in the Plan Area. The Park was completed in 2022. Construction of the Plaza is expected to begin in 2024. Steam Plant means the historic structure the Agency acquired from EWEB in 2018 as part of the purchase of the Downtown Riverfront property. The multi-story masonry and steel structure was constructed in three phases from 1930-1950. Steam Plant operations ceased in 2012 and the building is currently vacant. The Agency intends to preserve and redevelop the structure. 3 Tax Increment Financing means a method of financing urban renewal projects as authorized by ORS Chapter 457. Willamette to Willamette Initiative means the collection of projects focusing on infrastructure and activity along 8th Avenue between the Willamette River and Willamette Street. Section 300 – Legal Description The Riverfront Urban Renewal District includes an area of approximately 245 acres. The Plan Area includes all of the land within the boundaries designated on the map attached as Plan Exhibit A and described as containing all lots or parcels of property situated in the City of Eugene, County of Lane, State of Oregon, bounded generally as described in Plan Exhibit B. Section 400 – Goals and Objectives A. Goals The goals of the Plan are to: 1. Improve the function, condition, and appearance of the Plan Area by: a. Supporting the creation of a mix of new housing, which will bring more people and positive activity into the Plan Area, thereby making the entire Plan Area more attractive for residents, workers, and visitors. b. Supporting commercial development by creating physical conditions to help businesses thrive and by the repurposing of underutilized properties. c. Making physical improvements to parks, plazas, open spaces, sidewalks, and streets to provide an inviting connection through the Plan Area and to the river. 2. Eliminate blight and blighting influences. 3. Strengthen the economic conditions of the Plan Area. 4. Improve connections between the Riverfront Plan Area, the core of downtown, the federal courthouse, and the University of Oregon. 5. Protect or enhance the riparian area. B. Objectives Development in the Plan Area is intended to play a critical role in Eugene’s economy by improving the east side of the downtown core and providing a unique opportunity to develop an area that connects downtown Eugene to the Willamette River, the federal courthouse, and the University of Oregon. These objectives are consistent with the Eugene 2035 Transportation System Plan, Envision Eugene, Eugene’s Community Climate Action Plan 2.0, the City’s Capital Improvement Program, and the City’s Housing Implementation Pipeline. The objectives of the Plan are: 1. Address barriers to the creation of new housing by helping to make residential development projects financially feasible. The creation of new housing in the Plan Area will: a. Contribute to the Plan Area’s vitality; 4 b. Help alleviate the undersupply of housing in Eugene; and c. Support the City’s housing and climate action goals. 2. Improve public spaces and buildings in the Plan Area in order to make it a safe, accessible, and welcoming place for all users. These public improvements will: a. Address public safety concerns by improving the physical environment; b. Provide safe, direct, and attractive linkages between the Plan Area, the University of Oregon, downtown Eugene, and the Willamette River; c. Address bicycle and pedestrian access within the Plan Area; and d. Improve pedestrian and multi-modal transportation circulation between downtown Eugene and the Downtown Riverfront. 3. Strengthen the Plan Area’s commercial environment by: a. Investing in vacant or underutilized spaces to increase marketability and flexibility; and b. Providing financial assistance for new and growing businesses. 4. Protect and enhance the key riparian areas along the river by: a. Addressing impacts of Plan Area development on public open space; b. Maintaining and enhancing the public’s physical access to and along the Willamette River; and c. Supporting design improvements or mitigations that are needed to treat stormwater, protect water quality, or to respond to other environmental protection needs. Section 500 – Land Use Plan The use and development of all land within the Plan Area shall comply with the regulations prescribed in the City’s comprehensive plan, land use regulations, City charter, and any other applicable local, State, or Federal laws regulating the use of property within an urban renewal area. Section 600 – Urban Renewal Projects To achieve the objectives of this Plan, the Agency may incur indebtedness to finance the following urban renewal projects, and may pay that indebtedness with tax increment funds: A. Existing Activities The Agency may complete and provide tax increment funds to urban renewal projects authorized and for which some action has been taken prior to the 2024 Plan Amendment (for example, the Downtown Riverfront Plaza, the Steam Plant Redevelopment, the Downtown Riverfront Affordable Housing Project, and the Railroad Quiet Zone). The Agency may also continue to operate the River Loans Program. All dollars loaned must come from program revenue and not from tax increment funds. B. Additional Housing The Agency is authorized to support the creation of housing in the Plan Area through the following activities: 5 B-1. Development Fee Assistance The Agency may use tax increment funds to pay development fees for development that results in the creation of new housing in the Plan Area. Development fees paid by the Agency may include Systems Development Charges, permit fees, and other government-imposed fees. The Agency Board will establish eligibility criteria for Development Fee Assistance. If the criteria are met, Agency Board approval pursuant to Section 700 of the Plan is not required. Eligible projects must result in new housing and include new construction or redevelopment of existing buildings. B-2. Real Property Acquisition and Disposition The Agency may use tax increment funds to acquire real property when the acquisition of the real property is necessary to support the creation of additional new housing in the Plan Area. The process for selling or disposing of property acquired for the purpose of supporting the creation of housing will be determined by the Agency Board. Property acquired to support the creation of housing may be offered to a developer for a reduced price or at no cost, as determined by the Agency Board. C. Physical Improvements to Address Safety and Comfort The Agency is authorized to make improvements to public spaces including streets, curbs, and sidewalks in the Plan Area to create safe, accessible, and welcoming places for users. Possible improvements include: C-1. Street, Curb, Alley, and Sidewalk Improvements Improvements within the Plan Area may require the construction of new streets, curbs, and sidewalks. The Agency may fund sidewalk and roadway improvements in the Plan Area including design, redesign, construction, resurfacing, repair, and acquisition of right-of-way for curbs, streets, and sidewalks, and pedestrian and bicycle paths. Projects that may be undertaken include: • Local street, curb, and sidewalk improvements to support commercial and other street-level activity in the Plan Area or as identified in the Eugene Capital Improvement Program; and • Other street, curb, and/or sidewalk improvements identified by the Agency. C-2. Streetscape Projects The Agency may participate in activities that will improve the visual appearance of the Plan Area, including but not limited to: • Accent paving; • Decorative lighting; • Street trees, planters, and landscaping; • Furnishings, including benches, trash receptacles, bicycle racks; • Street and directional signage; • Public art and water features; • Gateway monuments and landscape features; and 6 • Undergrounding of utilities in the Plan Area. C-3. Pedestrian, Bike, and Multi-Modal Transportation Improvements The Agency may participate in activities that support pedestrian, bicycle, other non-automobile, and transit uses in the Plan Area and connections between the Plan Area, downtown, public parks, and other areas of Eugene. Projects may include: • Construction of bicycle parking and storage, transit stops, covered shelters, transit pullouts; • Provide new bike paths or lanes in the Plan Area; • Provide pedestrian connections to the broader downtown, riverfront, and surrounding areas; • Provide more prominent entrances to the downtown area; and • Provide weather sheltering devices for the protection of pedestrians. D. Projects Directed/Initiated by the Agency Board The Agency is authorized to participate in eligible activities and projects should the Agency Board decide to pursue them, such as: D-1. Parking and Mobility The Agency is authorized to participate in the development of parking and mobility infrastructure in the Plan Area, including surface lots or garages. These improvements will benefit the Plan Area by increasing public use of the area. On-street parking is anticipated to meet most of the standard daily needs of people accessing public amenities in the Plan Area, such as the Park, restaurants, and commercial spaces. However, on-street parking will not accommodate all of the parking needs during high demand periods such as nights and weekends, and during special events. In addition, the Steam Plant parcel size is not sufficient to accommodate anticipated parking needs for its future redevelopment into a mixed-use center. While implementation of certain physical improvements in Section 600C may reduce the need for parking, it is still expected that additional parking may be needed, at least in the medium term. D-2. Transmission Lines Rerouting The Agency is authorized to participate in the effort to reroute the transmission lines that service the Willamette Substation and currently run from the electrical tower in the Riverfront Park, south along the river next to the Steam Plant. Rerouting of the transmission lines would allow removal of the existing Riverfront Park tower, opening up views at the southern end of the park and in front of the Steam Plant and creating more passive open space in those places. D-3. Open Space Improvements The Agency may participate in funding the design, acquisition, construction, and/or rehabilitation of public open spaces and parks within the Plan Area. Projects to be undertaken may include: 7 • Walkways and plazas; • Shelters; • Buildings; • Landscaping; • Accessibility improvements; • Lighting; • Furniture; and • Art. D-4. Other Development Support The Agency is authorized to support development and commercial activities within the Plan Area through the following activities: a. Financial Assistance The Agency may use tax increment funds to provide financial assistance to property owners, for physical improvements to privately owned properties that will address the goals of the Plan. The activities eligible for financial assistance could include housing development, green building or renewable energy investments, improvements to ground-floor storefronts, and improvements to vacant or underutilized commercial spaces to increase flexibility and marketability. b. Real Property Acquisition and Disposition The Agency may use tax increment funds to acquire real property for the purpose of supporting the objectives of this Plan, including the support of commercial activity. The process for selling or disposing of property acquired for the purpose of supporting commercial activity will be determined by the Agency Board. Property acquired to support commercial activity may be offered to a developer for a reduced price or at no cost, as determined by the Agency Board. D-5. Other Public Facilities The Agency is authorized to participate in development of public facilities including City Hall, police and fire facilities, libraries, recreation centers, conference facilities, and community centers. These facilities will benefit the Plan Area by increasing public usage of the area, by enhancing protective services, and by stimulating additional public and private investment in the Plan Area. The extent of the Agency’s participation in funding such facilities will be based upon an Agency finding on the benefit of that project to the Plan Area, and the importance of the project in carrying out Plan objectives. The type and location of these public facilities will be determined by future study. Potential public facilities to be assisted include: • New Police Building or City Hall. These public facility projects were designated and authorized by Section 600A(7) of the 2004 Riverfront Urban Renewal Plan, and continue to be authorized by this renumbered Section 600D(5). The only amendments made to this renumbered 8 Section 600D(5) are to change references from “renewal area” to “Plan Area” for consistency with the language used in other areas of the Plan and removal of a new federal courthouse building as an eligible public facility project following the construction of a new federal courthouse building in 2006. E. Loans and Grants The Agency may operate a low-interest loan and grant program to assist development and redevelopment of private property within the Plan Area. All dollars loaned must come from program revenue and not from tax increment funds. Property owners within the Plan Area proposing to improve their properties and receiving financial assistance from the Agency shall do so in accordance with all applicable provisions of this Plan and with all applicable codes, ordinances, policies, plans, and procedures of the City. F. Project Delivery and Administrative Activities Many of the Agency’s project delivery and administrative activities are provided through a contract between the City of Eugene and the Agency dated June 15, 2004. 1. The Agency may retain the services of independent professional people or organizations to provide project delivery administrative or technical services such as: a. Project management; b. Preparation of market, feasibility, or other economic studies; c. Public engagement; d. Preparation of design, architectural, engineering, landscaping architectural, planning, development, or other developmental studies; e. Preparation of property acquisition appraisals; f. Provision of special rehabilitation, restoration, or renovation feasibility and cost analysis studies; g. Provision of legal, debt issuance, accounting, or audit services; h. Assistance with preparation of the annual financial report required under Section 800 of this Plan and the financial review required under Section 900 of this Plan; and i. Support ongoing investments within the Plan Area (e.g. potential new businesses, existing businesses with expansion, dealing with safety issues). 2. The Agency may acquire, rent, or lease office space and office furniture, equipment, and facilities necessary for it to conduct its affairs in the management and implementation of this Plan. 3. The Agency may invest its reserve funds in interest-bearing accounts or securities authorized under ORS 294. 9 4. The Agency may borrow money, accept advances, loans, or grants from any legal source, issue urban renewal bonds and receive tax increment proceeds as provided for in Section 700 of this Plan. Section 700 – Methods for Financing the Projects The Agency may borrow money and accept advances, loans, grants, and other legal forms of financial assistance from the Federal government, State of Oregon, City of Eugene, Lane County, or other public body, or from any source, public or private, for the purposes of undertaking and carrying out the Projects authorized by this Plan. Ad valorem taxes, if any, levied by a taxing body upon the taxable real and personal property situated in the Plan Area, shall be divided in accord with and pursuant to Section 1c, Article IX of the Oregon Constitution and ORS Chapter 457, and used by the Agency for the Projects authorized by this Plan. The Agency shall adopt and use a fiscal year ending June 30 accounting period. Every other year, the Agency shall develop a biennial budget in conformance with the provisions of ORS Chapter 294 and ORS 457, which shall describe sources of revenue, proposed expenditures, and activities. The Agency Board must approve all projects, other than loans, in excess of $250,000. Section 800 – Annual Financial Statement Required A financial statement shall be prepared that includes the information required by ORS Chapter 457. The statement shall be filed with the City Council and notice shall be published and mailed to the affected taxing districts in accordance with the requirements of ORS 457. Section 900 – Community Member Participation The activities and projects defined in this Plan, development of subsequent plans, procedures, activities, and regulations, and the adoption of amendments to this Plan shall be undertaken with the participation of citizens, owners, tenants as individuals, and organizations who reside within or who have financial interest within the project area together with the participation of general community members of the city. An advisory committee authorized by the Agency Board will advise on the activities of the Riverfront Urban Renewal District. Section 1000 – Non-Discrimination In the preparation, adoption, and implementation of this Plan no public official or private party shall take any action to cause any person, group, or organization to be discriminated against in a manner that violates Section 4.613 of the Eugene Code, 1971. Section 1100 – Recording of This Plan A copy of this Plan and Substantial Amendments to this Plan shall be recorded with the recording officer of Lane County. 10 Section 1200 – Procedures for Changes or Amendments The Plan will be reviewed and analyzed periodically and may need to be modified based on this review. The types of Plan Amendments are: A. Type One Amendment – Substantial Change Requiring Special Notice Type One amendments shall require approval per ORS 457.095 and notice as provided in ORS 457.120. Type One amendments will consist of: 1. Increases in the Plan Area boundary in excess of one percent (1%) of the existing area of the Plan. 2. Increases in the maximum indebtedness that can be issued or incurred under this Plan. B. Type Two Amendment – Substantial Change Not Requiring Special Notice Type Two amendments shall require approval per ORS 457.095 but will not require notice as provided in ORS 457.120. Type Two amendments will consist of any change or additions to the projects listed in Section 600. C. Type Three Amendment – Minor Amendment Minor amendments are any change that does not require a Type One or Type Two amendment and may be approved by the Agency Board in resolution form. D. Amendment to the City's Comprehensive Plan or any of its Implementing Ordinances Amendments to Eugene’s adopted comprehensive plan and/or land use regulations that affect the Plan and/or the Plan Area shall be incorporated automatically into the Plan without any separate action required by the Agency Board or City Council. If a Type One or Type Two amendment is prepared, Exhibit C of this Plan will be updated at that time. Section 1300 – Duration and Validity of Approved Plan A. Duration of the Plan Taxes may be divided under this Plan only until the maximum indebtedness for the Plan Area has been issued and paid or defeased, or the Agency has determined that it will not issue the full amount of that maximum indebtedness, and all indebtedness that will be issued has been issued and paid or defeased. When that indebtedness has been paid or defeased, the Agency will notify the assessor pursuant to ORS 457.450(2) to cease dividing taxes for the Plan Area and shall return any unused tax increment funds to Lane County for redistribution to overlapping taxing districts. However, the Riverfront Urban Renewal District and this Plan may remain in effect as long as legally required to exist and until the Agency transfers any remaining assets and liabilities of the Plan Area to the City of Eugene. As of the date of the 2024 Amendment, it is estimated that the last fiscal year for which taxes will be divided is FY49. 11 B. Validity Should a court of competent jurisdiction find any word, clause, sentence, section, or part of this Plan to be invalid, the remaining words, clauses, sentences, section, or parts shall be unaffected by any such finding and shall remain in full force and effect for the duration of the Plan. Section 1400 – Maximum Indebtedness The First Amendment to the Riverfront Urban Renewal Plan established a maximum indebtedness for the Plan of $34.8 million. The 2018 type 3 amendments did not increase the maximum indebtedness. The 2024 Amendment increased the maximum indebtedness amount by $75 million to a total of $109.8 million. The maximum indebtedness limit established by this Section 1400 does not apply to or limit: 1. The obligation of the Agency to pay interest on indebtedness issued or incurred under this Plan; 2. Any indebtedness issued to refund indebtedness issued or incurred under this Plan, to the extent that the refunding indebtedness does not exceed the principal amount of the refunded indebtedness, plus the amount of the refunding indebtedness that is used to pay costs of the refunding; 3. Funds to repay indebtedness existing on the date of the 2004 Amendment; and 4. Expenditures made from funds other than tax increment funds, such as loans made from the River Loans Program. Legislation passed in 2009 (ORS 457.220) placed additional limits on how much a municipality can increase maximum indebtedness. That same legislation, however, also provides that those limitations “do not apply to the extent the municipality approving a plan obtains the written concurrence of taxing districts imposing at least 75 percent of the amount of taxes imposed under permanent rate limits in the urban renewal area.” The City concurred with the increase in maximum indebtedness included in the 2024 Plan amendment when it approved the Plan. The Eugene School District 4J Board voted “to concur with the Eugene City Council’s proposed plan amendment to increase maximum indebtedness for the Riverfront Urban Renewal District by up to $75 million in accordance with ORS 457.220 and 457.470(7).” The City and Eugene School District 4J imposed at least 75% of the amount of taxes imposed under permanent rate limits in the Riverfront Urban Renewal District in FY23. Therefore, the legislative limitations on total maximum indebtedness imposed by ORS 457.220 are not applicable to the maximum indebtedness increase resulting from the 2024 amendment. 12 Section 1500 – Formal Matters At this time, no property is anticipated to be purchased that would result in relocation. If property is identified for purchase that would involve relocation, the Agency will develop provisions for relocation. If the Agency acquires occupied real property in the implementation of the Plan, occupants of such property shall be offered relocation assistance, in such circumstances as may be required under the applicable state law. Those displaced will be contacted to determine their individual relocation needs. They will be provided information on available space and will be given assistance in moving. All relocation activities will be undertaken and payments made in accordance with the requirements of ORS 35.500-35.530 and any other applicable laws or regulations. Relocation payments will be made as provided in ORS 35.510. The Agency will prepare, adopt, and maintain a Relocation Policy prior to acquiring any property that will cause displacement. 13 Plan Exhibit A: Plan Area Map 14 Plan Exhibit B: Plan Area Description Beginning at a point which is at the intersection of the east right-of-way line of Hilyard Street with the north right-of-way line of Franklin Boulevard; thence easterly along the north right-of-way line of said Franklin Boulevard to the intersection of the west right-of-way line of Interstate I-5; thence along said west right-of-way line of I-5 in a northerly direction to the intersection of the south bank of the Willamette River; thence along said south bank of the Willamette River in a westerly direction to the east right-of-way line of County Road No. 431 also known as Ferry Street; thence along said east right-of-way line in a southerly direction to a point on the south right-of-way line of 4th Avenue (if extended east); thence along said south right-of-way line in a westerly direction to a point at the intersection of the east right-of-way line of High Street with the south right-of-way line of 4th Avenue; thence along said east right-of-way line of High Street in a southerly direction to a point at the intersection of the east right-of-way line of High Street with the north right-of-way line of Southern Pacific Railroad; thence along said north right-of-way of Southern Pacific Railroad in an easterly direction to the intersection of said north right-of-way of Southern Pacific Railroad with the east right-of-way line of County Road No. 431 also known as Ferry Street; thence along said east right-of-way line in a southerly direction to the south right-of-way line of 7th Avenue (if extended east); thence along said south right-of-way in a westerly direction to a point at the intersection of the south right-of-way line of 7th Avenue with the east right-of-way line of High Street; thence along said east right-of-way line in a southerly direction to a point at the intersection of the east right-or-way line of High Street with the south right-of-way line of 8th Avenue; thence along said south right-of-way line in a westerly direction to a point at the intersection of said south right-of-way line with the east right-of-way line of Pearl Street; thence along said east right-of-way line of Pearl Street in a southerly direction to a point at the intersection of said east right-of-way line with the north right-of-way line of 10th Avenue; thence along said north right-of-way in an easterly direction to a point at the intersection of said north right-of-way line with the east right-of-way line of Mill Street; thence along said east right-of-way in a southerly direction to a point at the intersection of the south right-of-way line of 10th Avenue (if extended easterly) with the east right-of-way line of Mill Street; thence along said south right-of-way line (if extended easterly) to a point at the intersection of said south right-of-way line with the east margin of a north-south alley running from 11th Avenue to 10th Avenue, between Ferry Street and Mill Street, thence along said east right-of-way line of said alley in a northerly direction to a point of intersection with the south margin of the Mill Race; thence along said south margin in a southeasterly direction to a point on the east boundary of that certain tract of land described on document number 2000 WD, 00802, Lane County Oregon Deed Records; said point being the southeast corner of said parcel said point also being the southeast corner of Tax Lot 4000, Assessors Map 17-03-32-23; thence along said east boundary in a northerly direction to a point on the north margin of the Mill Race, said point being the southwest corner of that certain tract of land describe on Reel No. 1559, Instrument No. 8906959, Lane County Oregon Deed Records; thence along the south boundary of said tract of land in a southeasterly direction to the southwest corner of Tax Lot 5000, Assessors Map 17-03-32-23, said point also being the southwest corner of that certain tract of land described on Reel No. 721 Instrument No. 53549; thence along the westerly and northerly boundary of said 15 tract of land to its intersection with the west right-of-way line of Patterson Street; thence cantoning east on said northerly line (if extended east) to the east right-of-way line of Patterson Street; thence along said east right-of-way line in a southerly direction to the southwest comer of Lot 7, Hoffman Addition To Eugene; thence along the south boundary of said Lot 7 in an easterly direction to a point on the east boundary of said Hoffman Addition To Eugene; thence in a northeasterly direction to the south west comer of that certain tract of land described on Reel No. 1873, Instrument No's. 9353770-9353772, said point also being the south west corner of Tax Lot 7300, Assessors Map 17-03-32-23, thence along the south boundary of said tract of land in an easterly direction to the east right-of-way line of Hilyard Street; thence along said east right-of-way line of Hilyard Street in a northerly direction to the point of beginning. The Riverfront Urban Renewal Area also includes the following property situated in the Southwest 1/4 of the Southwest 1/4 of Section 29 and in the Southeast 1/4 of the Southeast 1/4 of Section 30, all in Township 17 South, Range 3 West of the Willamette Meridian, in the City of Eugene, Lane County Oregon and described as follows: BEING all of Lots 5, 7 and 8 in Block 7 of the plat of “Eugene City” as platted and recorded in Judgement Docket A at Page 2 in Lane County Oregon Records, together with a portion of the North-South alley in said Block 7 that lies between said Lots 7 and 8 and portions of Mill Street and East 4th Avenue, all as shown on said plat of “Eugene City”. The perimeter of which lands are described more particularly as follows: BEGINNING at the southwest comer of said Lot 7; THENCE, leaving said POINT OF BEGINNING and running northerly the following one numbered course: ( 1) along the west line of said, Lot 7 NORTH 01 °50'06" EAST 80.20 feet to the northwest comer of said lot; THENCE, easterly the following one numbered course: (2) along the north line of said Lot 7 and its easterly prolongation, SOUTH 88°04' 11" EAST 173.56 feet to the southwest corner of aforesaid Lot 5; THENCE, northerly the following one numbered course: (3) along the west line of said Lot 5, NORTH 01°48'44" EAST 80.3 1 feet to the northwest comer of said lot; THENCE, easterly the following one numbered course: (4) along the north line of said Lot 5, SOUTH 88°06'18" EAST 159.53 feet to the northeast comer of said lot, which corner lies on the west margin of Mill Street, a 66.00-foot wide right-of-way; THENCE, southerly the following one numbered course: (5) along the east line of said Lot 5 and said west margin of Mill Street, SOUTH 01°47’21” WEST 80.39 feet to the southeast comer of said lot, THENCE, easterly and crossing said Mill Street, the following one numbered course: (6) SOUTH 88°02’41” EAST 66.00 feet, more or less, to the Northwest corner of Lot 7 in Block 6 of said plat of ··Eugene City", which comer lies on the east margin of said Mill Street; THENCE, southerly along the west line of said Lot 7 and east margin of Mill Street, the following one numbered course: (7) SOUTH 01°47’21” WEST 80.43 feet to the southwest comer of said lot, which comer lies on the north margin of East 4th Avenue, a 66.00- foot wide right-of-way; THENCE, continuing southerly and crossing said East 4th Avenue, the following one numbered course: (8) SOUTH 01°47’21” WEST 66.00 feet, more or less, to the northwest comer of Lot 2 in Block 11 of said plat of "Eugene City", which corner lies at the intersection of the aforecalled east margin of Mill Street with the south margin of aforecalled East 4th Avenue; THENCE, westerly along said south margin of East 4th Avenue and crossing said Mill 16 Street, the following one numbered course: (9) NORTH 88°02'03" WEST 66.00 feet, more or less, to the northeast corner of Lot 1 in Block l O of said plat of “Eugene City'', which corner lies at the intersection of said south margin of East 4th Avenue with the west margin of Mill Street; THENCE, northerly and crossing said East 4th Avenue, the following one numbered course: (10) NORTH 01°47'21" EAST 66.00 feet, more or less, to the southwest comer of aforesaid Lot 8 in Block 7 of the plat of "Eugene City", which corner lies at the intersection of the north margin of East 4th Avenue with the west margin of Mill Street: AND THENCE. westerly along said north margin of East 4th Avenue and the south lines of said Lot 8 and 7 in Block 7 of the plat of “Eugene City", the following one numbered course: (11) NORTH 88°02'03" WEST 333.18 feet RETURNING to the POINT OF BEGINNING and containing 1.13 acres, more or less. The Riverfront Urban Renewal Area also includes the following property situated on a tract of land being a portion of the existing right-of-way of the Southern Pacific Railroad and portions of Pearl and High Streets located in the Northeast one-quarter of Section 31 in Township 17 South, Range 3 West of the Willamette Meridian and being more particularly described as follows; Beginning at the Northeast corner of Lot 1, Block 16, Original Plat of Eugene City as platted and recorded in Judgement Docket A, Page 2, Lane County Oregon Deed Records in Lane County, Oregon; thence easterly to a point being the intersection of the east right-of-way line of High Street and the southerly right-of-way line of the Southern Pacific Railroad; thence northerly to a point being the intersection of the east right-of-way line of High Street and the Northerly right-of-way line of the Southern Pacific Railroad: thence northwesterly along the northerly right-of-way line of the Southern Pacific Railroad to a point being at the intersection the east right-of-way line of Pearl Street and the northerly right-of-way line of the Southern Pacific Railroad: thence westerly to a point of intersection with the west right-of-way line of Pearl Street and the northerly right-of-way line of the Southern Pacific Railroad; thence southerly to a point being at the intersection with the west right-of-way line of Pearl Street and the southerly right-of-way line of the Southern Pacific Railroad; thence southeasterly to the point of intersection of the east right-of-way line of Pearl Street and the southerly right-of-way line of the Southern Pacific Railroad; thence southeasterly along the south right-of-way line of the Southern Pacific Railroad to a point of intersection with the south right-of-way line of the Southern Pacific Railroad and the north right-of-way line of 5th street; thence south to the south right-of-way line of 5th street; thence east the point of beginning, all in Eugene, Lane County, Oregon. Per exhibit map A “Railroad Quiet Zone Riverfront Urban Renewal District Expansion" Resolution 1086 approved by the Urban Renewal Agency Board on February 26, 2018. 17 Plan Exhibit C: Analysis Of The Plan’s Conformance To The Comprehensive Plan And Other Local Plans ORS 457.095 requires that an Urban Renewal Plan conform to local objectives including the comprehensive plan and economic development plan of a locality. This section provides that analysis. Additionally, ORS 457.085(2)(d) requires that the Plan include an explanation of the Plan’s relationship to definite local objectives regarding appropriate land uses and improved traffic, public transportation, public utilities, telecommunications utilities, recreational and community facilities, and other public improvements. This section complies with the statutory requirement to identify definite local objectives regarding land use, transportation, etc., by reference to local planning documents. Relevant local planning and development objectives are contained within the following local planning documents: • Eugene-Springfield Metropolitan Area General Plan (Metro Plan) • Envision Eugene Comprehensive Plan (Envision Eugene) • Eugene 2035 Transportation Systems Plan • Housing Implementation Pipeline • Eugene Climate Action Plan 2.0 • Eugene Downtown Plan The following section describes the purpose and intent of these planning documents, lists applicable goals and policies within each planning document, and provides an explanation of how the Urban Renewal Plan for the Riverfront Urban Renewal District (Plan) relates to the applicable goals and policies. The numbering of the goals and policies within this section reflects the numbering that occurs in the original planning document. Italicized text is text that has been taken directly from an original planning document and therefore cannot be changed. Some verbiage may say “complies with”, which, in this document is synonymous with “conforms to” as stated in ORS 457.095. A. Eugene-Springfield Metropolitan Area General Plan (Metro Plan) Metropolitan Residential Land Use and Housing Element Goal: Provide viable residential communities so all residents can choose sound, affordable housing that meets individual needs. FINDING: The 2024 Amendment to the Urban Renewal Plan for the Riverfront Urban Renewal District (2024 Amendment) provides tax increment resources to help create additional housing opportunities, including Affordable Housing, for Eugene residents. The resources may be used for acquisition, assisting with development costs, and providing incentives to make a project economically feasible. The Plan conforms to the Housing Element Goal of the Metro Plan. Economic Element Goal: Broaden, improve, and diversify the metropolitan economy while maintaining or enhancing the environment. Policies: 18 • B.14 Continue efforts to keep the Eugene and Springfield central business districts as vital centers of the metropolitan area. • B.28 Recognize the vital role of neighborhood commercial facilities in providing services and goods to a particular neighborhood. • B.29 Encourage the expansion or redevelopment of existing neighborhood commercial facilities as surrounding residential densities increase or as the characteristics of the support population change. FINDING: The 2024 Amendment provides tax increment resources to help create additional housing opportunities, including Affordable Housing, for Eugene residents. The Steam Plant project will continue revitalization of the Downtown Riverfront, adding public gathering spaces and a hotel to bring more activity to the Plan Area. The Plan conforms to the Goal and Policies B.14, B.28, and B.29 of the Metro Plan. Transportation Element Goals: 1. Provide an integrated transportation and land use system that supports choices in modes of travel and development patterns that will reduce reliance on the automobile and enhance livability, economic opportunity, and the quality of life. 2. Enhance the Eugene-Springfield metropolitan area’s quality of life and economic opportunity by providing a transportation system that is: • Balanced, • Accessible, • Efficient, • Safe, • Interconnected, • Environmentally responsible, • Supportive of responsible and sustainable development, • Responsive to community needs and neighborhood impacts, and • Economically viable and financially stable. Policies: • F.3 Provide for transit-supportive land use patterns and development, including higher intensity, transit-oriented development along major transit corridors and near transit stations; medium- and high-density residential development within ¼ mile of transit stations, major transit corridors, employment centers, and downtown areas; and development and redevelopment in designated areas that are or could be well served by existing or planned transit. • F.4 Require improvements that encourage transit, bicycles, and pedestrians in new commercial, public, mixed use, and multi-unit residential development. • F.11 Develop or promote intermodal linkages for connectivity and ease of transfer among all transportation modes. • F.13 Support transportation strategies that enhance neighborhood livability. 19 • F.14 Address the mobility and safety needs of motorists, transit users, bicyclists, pedestrians, and the needs of emergency vehicles when planning and constructing roadway system improvements. • F.22 Construct and improve the region’s bikeway system and provide bicycle system support facilities for both new development and redevelopment/expansion. • F.23 Require bikeways along new and reconstructed arterial and major collector streets. • F.24 Require bikeways to connect new development with nearby neighborhood activity centers and major destinations. • F.26 Provide for a pedestrian environment that is well integrated with adjacent land uses and is designed to enhance the safety, comfort, and convenience of walking. • F.27 Provide for a continuous pedestrian network with reasonably direct travel routes between destination points. • F.37 Consider and include among short-term project priorities, those facilities and improvements that support mixed-use, pedestrian-friendly nodal development, and increased use of alternative modes. FINDING: The 2024 Amendment provides tax increment resources to provide for improved multi-modal transportation systems including street, curb, alley, and sidewalk improvements; streetscape improvements; and pedestrian, bike, and transit improvements. The Plan conforms to the Goals and listed policies of the Transportation Element of the Metro Plan. Public Facilities and Services Element Goals: 1. Provide and maintain public facilities and services in an efficient and environmentally responsible manner. 2. Provide public facilities and services in a manner that encourages orderly and sequential growth. FINDING: The 2024 Amendment provides tax increment resources to help create additional housing opportunities, including affordable housing, Eugene residents. This area in Eugene already has existing services and increasing the density of the area makes efficient use of existing resources. The Plan conforms to the Public Facilities and Services Element Goals of the Metro Plan. Parks and Recreation Facilities Element Goal: Provide a variety of parks and recreation facilities to serve the diverse needs of the community’s citizens. Objectives: 4. Develop park sites and recreation facilities in the manner best suited to serve the diverse interests of local residents and in areas of greatest need. 5. Close the gap between the current supply of park and recreation facilities and the projected demand. 20 FINDING: The 2024 Amendment provides tax increment resources to improve the public spaces within the area acknowledging that increasing the residents in the area will increase demand for park facilities. The Plan conforms to the Goal and Objectives 4 and 5 of the Parks and Recreation Facilities Element of the Metro Plan. B. Envision Eugene Comprehensive Plan June 2017 Chapter 3 Economic Development Downtown, Key Corridors, and Core Commercial Areas – Policies in this section support geographic areas of particular economic intensity. • 3.32 Priority development areas. Promote redevelopment and reuse in prioritized areas including downtown, key corridors, and core commercial areas. • 3.33 Urban economy. Promote downtown as a hub of creative, entrepreneurial activity that can attract new investment and retain and grow existing businesses that thrive in the urban environment. • 3.34 Multifaceted, regional center. Strengthen downtown’s role as a destination and the functional center for government, business and commerce, entertainment and the arts, and education in Eugene and the Southern Willamette Valley. • 3.35 Neighborhood vitality. Recognize the vital role of commercial facilities that provide services and goods in complete, walkable neighborhoods throughout the community. Encourage the preservation and creation of affordable neighborhood commercial space to support a broad range of small business owners across all neighborhoods. FINDING: The 2024 Amendment provides tax increment resources to help create additional housing opportunities, including Affordable Housing, for Eugene residents. The Steam Plant project will continue revitalization of the Downtown Riverfront, adding public gathering spaces and a hotel to bring more activity and economic input to the Area. The Plan conforms to the Economic Development Element of the Envision Eugene Comprehensive Plan. Chapter 9 Transportation Policy 9.1 Local transportation planning. The Eugene 2035 Transportation System Plan, not including the transportation financing program, serves as the transportation element of the Envision Eugene Comprehensive Plan and amendments to that plan shall constitute amendments to this plan. FINDING: The findings of conformity with the Eugene 2035 Transportation System Plan, laid out in more detail below, support a finding of conformity with the Transportation Chapter of the Envision Eugene Comprehensive Plan. C. Eugene 2035 Transportation System Plan The following are projects specified in the Eugene 2035 Transportation System Plan located in the Plan Area. 21 • Improved connections from Downtown to other corridors • Neighborhood greenway o PB-111 – Broadway, Charnelton Street to High Street o PB-503 – High Street, Cheshire Ave to 6th Avenue o PB-591 – Garden Avenue, Millrace Drive to 15th Avenue • Protected bike lane o PB-18 – High Street, 6th Avenue to 19th Avenue o PB-580 – Hilyard, 8th Avenue to Broadway o PB-582 – Broadway, Hilyard Street to Alder Street • Shared use path o PB-376 – South Bank Path to Riverview Street • Sidewalk Path o PB-508 – Franklin Boulevard, Alder Street to Millrace Park Path • Multimodal o MM-9 – West Eugene EmX o MM-19 – Franklin Boulevard Reconstruction o MM-22 – Convert 8th Avenue to a two-way street o MM-24 – Railroad Quiet Zone o MM-25 – 8th Avenue railroad crossing improvements • Grade Separated Path o PB-8 – Alder Street Rail Crossing • Future study projects o S-3 – Improvements to North-South Travel/Circulation South of Downtown – Evaluate north/south circulation options on the Oak/Pearl Streets and Hilyard/Patterson Streets couplets • Potential actions for system-wide policies o N. Promote transportation demand management programs along the Key Corridors, in downtown, and near the University of Oregon to coordinate the needs and travel options of multiple businesses and residences for purposes of reducing automobile and freight demand at times of peak congestion. FINDING: The 2024 Amendment provides tax increment resources to provide for improved multi-modal transportation systems including street, curb, alley and sidewalk improvements, streetscape improvements and pedestrian, bike, and transit improvements. The Plan conforms to the Eugene 2035 Transportation System Plan. D. Housing Implementation Pipeline July 1, 2022 – June 30, 2027 The Housing Implementation Pipeline (HIP) is an internal, cross-departmental, five-year work plan for the City. This work plan coordinates current and future City resources, goals, and priorities with a systems-thinking approach to housing across the full continuum from people 22 experiencing homelessness to overall housing supply. A target goal in the HIP is to increase the amount of housing downtown by 50% from 2021; an increase of over 1,000 units. The HIP work plan period begins July 1, 2022, and concludes June 30, 2027. The HIP will be reviewed and updated on a two-year schedule to occur in year 3 (2025) and year 5 (2027) Downtown Housing Strategies Encouraging compact development in the downtown area is one critical way to provide housing for our growing community. Increasing the number of housing units in the downtown core achieves other policy goals related to climate recovery and resiliency, compact development transportation efficiency, downtown vibrancy, and fiscal sustainability. Despite community benefits from a strong residential presence downtown, new residential construction faces a number of competitive disadvantages, particularly financial challenges, compared with development in other parts of the city. Prior support for downtown housing has come in multiple forms, especially 1) Affordable Housing investments such as HOME funds and tax exemptions from Low-Income Rental Housing Property Tax Exemption (LIRHPTE), 2) tax exemption under the Multi Unit Property Tax Exemption (MUPTE) program, 3) Urban Renewal, and 4) regulatory incentives, such as the removal of parking minimums in the downtown area. These tools have led to the creation of the majority of the housing units in downtown today, including Broadway Place, First on Broadway, Aurora Building, and West Town on 8th. The City could look to continue this type of support by exploring tax exemption opportunities as well as the possibility of extending the life of the Downtown and Riverfront Urban Renewal Districts for the purposes of supporting more housing downtown. Support for downtown housing will allow the City to meet its goal of adding at least 1,000 new units downtown. Middle Housing Incentives Throughout the public engagement process for Middle Housing Code Amendments (HB 2001), community members and the Planning Commission emphasized the need for incentivizing smaller and more affordable housing options. To increase desired middle housing, the City will explore a suite of incentives such as fee reductions, tax exemptions, preapproved plans, first- time home buyer assistance, and land use code changes (e.g., density bonuses). Potential incentives would complement other items in the HIP and some incentive programs could be expanded to include middle housing in certain places or city wide if specific targets are met including efficiency targets like small square footage, or income restriction targets. It is anticipated that a comprehensive approach that pairs financial incentives with regulatory changes will have the greatest impact. This policy exploration could occur starting in FY25, if the additional resources are secured. Anti-Displacement Action Plan If additional resources are made available, City staff will look to coordinate policies and actions to promote equitable development and reduce the harmful impacts of involuntary displacement as Eugene continues to grow. The action plan will guide many of our existing and proposed policies or programs. 23 Academic and professional publications on anti-displacement identify production, preservation, and protection as key policy areas to combating the negative effects of displacement. In developing the plan, the City will look to other cities and models that have proven effective at preventing the effects of involuntary displacement. As shown in Appendix A [of the HIP], the plan could be created beginning in FY25, if additional resources are made available for this work. An Anti-Displacement Action Plan will be co- created with community members, building off the work of the Equity Panel and with a particular focus on engaging with communities that are most impacted by displacement. It could include direction on tenant/renter protection regulations, Affordable Housing preservation and development, rental assistance, homeownership assistance, community land trust support, inclusionary zoning requirements, and a housing-specific equity lens toolkit. FINDING: The 2024 Amendment provides tax increment resources to help create additional housing opportunities in the downtown for Eugene residents. The Housing Implementation Pipeline includes the use of urban renewal as a potential resource for creating additional housing. The Housing Implementation Pipeline also includes exploration of incentives of middle housing production, which can occur with urban renewal. The Plan supports the Housing Implementation Pipeline. E. Climate Action Plan 2.0 July 2020 The Climate Action Plan 2.0 identifies actions that will help Eugene reach its climate goals. The Plan includes multiple strategies that support the development of downtown and increase compact housing in the downtown. Housing policy is a cornerstone of any City’s climate policy. Housing stock characteristics like size, affordability, and location relative to transit, jobs, and other amenities all impact residents’ environmental impact. Size has multiple impacts including the emissions from creating the building materials and the emissions from energy used to heat and cool the home. Smaller homes tend to have a smaller carbon footprint during construction and use. In addition, housing units built close to transit, jobs, and other amenities allow residents to access the community using fewer vehicle trips. Action T11 COE to make compact urban development easier in the downtown, on key transit corridors, and in core commercial areas. This includes removing regulatory barriers, flexible uses within industrial and commercial, reduce financial obstacles, restructure SDCs for smaller additional incentives, flexible land use codes, and ensure transportation system can support planned densities. This action is part of the Promote Compact Urban Development and Efficient Transportation Options Pillar of Envision Eugene. Action T13 COE to plan for growth so that an increasing proportion of residents live in 20- Minute Neighborhoods where residents can meet most of their daily needs near their homes without the use of an automobile. This includes identifying location opportunities for flexible codes, transportation infrastructure improvements, parks and open space, partnerships, and 24 incentives. This action is part of the Plan for Climate Change and Energy Resiliency Pillar of Envision. Action T14 COE to incentivize transit-oriented development and walkable neighborhoods using tools such as the Multi-Unit Property Tax Exemption (MUPTE), a state-enabled 10-year property tax exemption, to stimulate the construction of multiunit housing downtown and along key corridors. MUPTE is currently authorized to be used in downtown Eugene. Programs to facilitate more housing downtown, including MUPTE, are an Envision Eugene strategy anticipated to achieve an additional 1,000 dwellings by 2032. Action T15 COE to encourage housing diversity in all neighborhoods. Support the construction of duplexes, triplexes, quadplexes, townhomes, and cottage clusters throughout the community. Directly implement House Bill (HB) 2001, the state law that enables missing middle housing options on lots zoned for residential uses by June 2022. (HTS Process, Envision Eugene, SB 1051, HB 2001) Recommendation E1 Implement City land use policies that encourage higher density land use. Higher density housing results in more walkable, rideable, or roll-able communities. FINDING: The 2024 Amendment provides tax increment resources to help create additional housing opportunities and Affordable Housing opportunities for Eugene residents. Providing for increased housing density in the downtown helps compact urban development and plans for growth for increasing the proportion of the residents who live in 20-Minute Neighborhoods, and encourages housing diversity by providing increased housing opportunities. The Plan conforms to the Climate Action Plan 2.0. G. Eugene Downtown Plan April 12, 2004 Downtown Riverfront Policies 1. Incorporate the Willamette River as an integral element to downtown planning and development. 2. Collaborate with EWEB to encourage relocation of their utility facilities. 3. A master plan for the EWEB riverfront property must be approved by the City before any redevelopment, land use application, rezoning, Metro Plan, or re�inement plan diagram amendments are approved for uses not associated with EWEB functions. The master plan shall be evaluated based on the master plan's consistency with principles a through d below: a. Create a “people place” that is active, vibrant, accessible, and multi-use. b. Provide appropriate setbacks, deeper where environmental or habitat issues are more critical, shallower in other areas. c. Incorporate appropriate building and site design techniques that address environmental concerns. 25 d. Incorporate an educational aspect, so that the riverfront improvements teach us about our river, our history, and our city. 4. Facilitate dense development in the courthouse area and other sites between the core of downtown and the river. Implementation Strategies A. Create inviting physical and visual access to the riverfront from 8th and 5th Avenues and explore opportunities for additional access between these two points. C. Reinforce the relationship between downtown and the river through landscaping, art, signs, street furniture, historic plaques, and markers. E. Enhance existing points of access from downtown to the river so that convenient connections are visible both from the riverfront to downtown, and from downtown to the river. F. Explore possibilities for parks or public open space along the riverfront. FINDING: The 2024 Amendment provides tax increment resources to help create additional housing opportunities, including Affordable Housing, for Eugene residents. Major policies in the Downtown Plan call for incorporating the Willamette River as an integral element to downtown planning and development and developing the EWEB property. The Steam Plant project will continue revitalization of the Downtown Riverfront, adding public gathering spaces and a hotel to bring more activity and economic input to the Area. The Plan also includes physical improvements that will strengthen the connection between downtown and the river. These policies are supported by the 2024 Amendment. The Plan conforms to the Eugene Downtown Plan. Urban Renewal Agency of the City of Eugene, Oregon Exhibit B RIVERFRONT URBAN RENEWAL DISTRICT REPORTFor the Riverfront Urban Renewal Plan Originally Adopted September 11, 1985 by City Council Ordinance No. 19352 Amended March 10, 2004 by City Council Ordinance No. 20313 Amended February 12, 2018 by Eugene Urban Renewal Agency Resolution No. 1085 Amended February 26, 2018 by Eugene Urban Renewal Agency Resolution No. 1086 Amended January 22, 2024 by City Council Ordinance No. 20700 2 ACKNOWLEDGEMENTS Eugene City Council and Urban Renewal Agency Board Mayor Lucy Vinis Emily Semple Matt Keating Alan Zelenka Jennifer Yeh Mike Clark Greg Evans Lyndsie Leech Randy Groves City of Eugene Staff Sarah Medary, City Manager Kristie Hammitt, Assistant City Manager Matt Rodrigues, Assistant City Manager Kathryn Brotherton, City Attorney Maurizio Bottalico Denny Braud Eric Brown Amanda D’Souza Will Dowdy Anne Fifield Amanda Nobel Flannery Dan Hinman Lauren Sommers Tim Westerman 3 Table of Contents Chapter 1: Introduction ................................................................................................................... 5 Chapter 2: Description of Physical, Social, Economic, and Environmental Conditions in the Plan Area ..................................................................................... 5 Chapter 3: Expected Impact, Including Fiscal Impact, of the Plan in Light of Added Services or Increased Population ........................................................................ 13 Chapter 4: Reasons for Selection of the Plan Area .............................................................. 14 Chapter 5: Relationship Between Existing Conditions and Each Project Activity Undertaken in the Plan ............................................................................................ 16 Chapter 6: Estimated Total Cost of Each Project or Activity, Sources of Money, and Anticipated Completion Date for Each Project or Activity ........................ 20 Chapter 7: Estimated Amount of Money and Anticipated Year in Which Indebtedness will be Retired or Otherwise Provided For Under ORS 457.420 to 457.460 ................................................................................................... 23 Chapter 8: Financial Analysis of the Plan with Sufficient Information to Determine Feasibility ..................................................................................................................... 25 Chapter 9: Fiscal Impact Statement that Estimates the Impact of the Tax Increment Financing, Both Until and After the Indebtedness is Repaid, Upon All Entities Levying Taxes Upon Property in the Plan Area .......... 25 Chapter 10: Relocation Report ...................................................................................................... 29 Chapter 11: Appendix ....................................................................................................................... 31 Exhibit A: Plan Area Map Exhibit B: Zoning District Map Exhibit C: Census Boundaries Map Exhibit D: Table 13– Projected Revenues and Expenditures for the Plan Area Exhibit E: Table 14– Impact of Urban Renewal on an Individual Tax Bill Exhibit F: Table 15– Estimated Division of Tax Impact of the Plan on Overlapping Taxing Jurisdictions, FY25 – FY49 Exhibit G: Table 16– Estimated Impact of Riverfront District Tax Increment Collections on Overlapping Jurisdictions, FY23 Tax Data 4 INDEX OF TABLES Table 1. Generalized Land Use …………………………… .......................................................................... 6 Table 2. Zoning ………………………………………………………………….…………………………………………...6 Table 3. Transportation System Plan Projects .......................................................................................... 7 Table 4. Capital Improvement Program Projects: Transportation .................................................... 9 Table 5. Capital Improvement Program Projects: Wastewater System ........................................... 9 Table 6. Capital Improvement Program Projects: Stormwater Delivery System ...................... 10 Table 7. Capital Improvement Program Projects: Parks .................................................................... 10 Table 8. Median Household Income ........................................................................................................... 11 Table 9. Assessed Value Limitations ........................................................................................................... 12 Table 10. List of Project Activities and Estimated Cost Allocations ............................................... 23 Table 11. Maximum Indebtedness (MI) Calculation ............................................................................ 24 Table 12. Estimated Revenue in FY50 After Termination of Riverfront Urban Renewal District .................................................................................................................................................................... 29 Table 13. Projected Revenues and Expenditures for the Plan Area .............................................. 35 Table 14. Impact of Urban Renewal on an Individual Tax Bill ......................................................... 39 Table 15. Estimated Division of Tax Impact of the Plan on Overlapping Taxing Jurisdictions, FY25 – FY49 ......................................................................................................................................................... 40 Table 16. Estimated Impact of Riverfront District Tax Increment Collections on Overlapping Jurisdictions, FY23 Tax Data (Including the impact of State school funding formula and Measure 5/50 tax rate compression) ......................................................................................................... 41 5 REPORT ON THE RIVERFRONT URBAN RENEWAL DISTRICT PLAN Chapter 1: Introduction The 2024 Amendment to the Riverfront Urban Renewal Plan (the “Plan”) makes the follow-ing changes:  Specifies project activities to be undertaken;  Increases the Plan’s maximum indebtedness to allow for those specific projects; and  General updating of the Plan. The Plan has been amended three other times: once in 2004 and twice in 2018 to add small amounts of property to the Plan Area. The 2024 Plan Amendment is considered a substantial amendment under ORS 457 because it increases the maximum indebtedness of the Plan. This Report accompanies the Plan and consists of text, tables, and appendices. The Riverfront Urban Renewal District contains approximately 245 acres (the “Plan Area”). The legal description for the Plan Area is located in Exhibit B to the Plan. Chapter 2: Description of Physical, Social, Economic, and Environmental Conditions in the Plan Area A. Physical Conditions 1. Land Area The Plan Area encompasses about 245 acres. See Appendix, Report Exhibit A for a map of the Plan Area. The total incorporated land area for the City of Eugene, as of July 2023, is 28,544 acres. The Plan Area represents about 0.85% of the City’s total land area. The Plan Area, combined with the area of the Downtown Urban Renewal District (approximately 75 acres), equals approximately 320 acres in urban renewal districts, which is a little more than 1.0% of the City’s total land area and well below the 15% maximum allowed by Oregon State law. 2. Existing Land Use and Zoning Table 1 shows generalized land use in the Plan Area as of July 2023 by category. Table 2 shows the zoning of property in the Plan Area as of July 2023 by zone. A description of each use permitted is found in Chapter 9 of the Eugene Code. (The zoning map is located in the Appendix, Report Exhibit B.) 6 Table 1. Generalized Land Use Table 2. Zoning Land Use Code Tax Lots % Total Commercial 173 80.1% Residential 3 1.4% Residential Multi-Fam 36 16.7% Miscellaneous 3 1.4% Industrial 1 0.5% Total 216 Zoning Acres S-RP Riverfront Park Special Area 82.2 S-WS Walnut Station Special Area 37.4 S-DR Downtown Riverfront Special Area 22.0 C-2 Community Commercial 24.3 I-3 Heavy Industrial 4.4 I-2 Light-Medium Industrial 1.9 R-4 High-Density Residential 1.9 PL Public Land 2.1 C-3 Major Commercial 2.7 Total Zoned Property 178.9 Non-Taxloted Right-of-Way 66.1 Total 245.0 Source: Lane County Department of Assessment & Taxation 3. Historic Structures Given its location just south of the Willamette River, much of the Plan Area was a mix of industrial uses and greenspace. Numerous old buildings were lost in the Plan Area due to demolition or neglect. While not all of these structures were historically or architecturally significant, their demolition and neglect demonstrate that Eugene’s urban heritage was not considered worthy of preservation or reuse. The Plan Area is adjacent to one of only two historic districts in Eugene, East Skinner Butte Historic District. This district showcases a high concentration of structures, most of which are residential homes, listed on the National Register of Historic Places and/or designated as a City Landmark. Today, the Agency aims to take an active role in celebrating that urban heritage by preserving and reclaiming obsolete or underutilized buildings as well as parts of the urban landscape. For example, the Agency Board intends to save the historic Steam Plant building and is currently working with a developer who intends to list the building on the National Register. The Agency Board intends to preserve, conserve, and complement the natural and built environment of the Riverfront, as a whole, and by doing so holds up the integrity of the larger network of neighborhoods surrounding the Plan Area. 4. Telecommunications Utility System The Eugene Water and Electric Board (EWEB) installed a fiber network throughout the Downtown Riverfront, providing the new structures access to EWEB’s open- 7 access fiber network, known as EUGNet. The EUGNet network connects to EWEB’s fiber network that serves its electrical system but offers the publicly owned fiber to private internet service providers. Outside of the Downtown Riverfront, there are no fiber connections to individual properties in the Plan Area. EWEB has ‘backbone’ fiber across the Plan Area, but additional construction is needed to connect most of the Plan Area to the fiber network. On 8th Avenue, between High and Hilyard Streets, EWEB owns fiber that travels through its underground electric distribution systems, but the vault access does not have adequate space to install splice locations that would be needed to connect adjacent properties to the fiber network. 5. Streets, Alleys, Sidewalks Existing major streets in the Plan Area are all paved and are in relatively good condition. Improvements are made to rights-of-way as new development occurs throughout the Plan Area. The City and Agency recently completed construction of the infrastructure needed to bring downtown to the river. Urban Renewal funds were used to build out the street network, stormwater and wastewater systems, and utilities needed to serve the Riverfront Park and future development. The City of Eugene’s Transportation Planning team is currently in the process of redesigning Franklin Boulevard, which forms the southern border of the Plan Area, to transform it from an auto-focused highway to a multi-modal urban street safe for all users. Many of the sidewalks, especially those connecting the Riverfront Plan Area to the Downtown Plan Area are in need of maintenance and upgrade to make them safe for users. The Ferry Street Bridge connects to the street network in the western portion of the Plan Area. The existing road network creates a physical and psychological barrier between the new development in and near the Downtown Riverfront and the downtown core east of Mill Street. Table 3 shows the list of projects identified in the City of Eugene’s Transportation System Plan (TSP) that are located in the Plan Area. The projects listed are deficiencies in the Area but are not necessarily projects to be completed by this Plan. Table 3. Transportation System Plan (TSP) Projects TSP Number Project Type Name Estimated Cost as identified in TSP Description MM-9 Transit and Multimodal Project West Eugene EmX Funded; under construction West Eugene EmX extension along West 6th, 7th, and 11th Avenues, Garfield and Charnelton Streets (project is currently funded and under construction) MM-19 Roadway Other project $27,400,000 Reconstruct Franklin Boulevard pursuant to the Walnut Station Plan; make streetscape improvements including new sidewalks on the south side and a 8 TSP Number Project Type Name Estimated Cost as identified in TSP Description shared use path on the north side between Onyx and Alder Streets MM-22 Roadway Other project $3,900,000 Convert 8th Avenue to two-way street MM-24 Railway Quiet Zone $5,000,000 Establish Railroad Quiet Zone; assumes 10 crossings MM-25 Railway Near 8th Avenue with connection to South Bank Path $3,100,000 Relocate highway-railroad crossing in alignment with the existing 8th Avenue improvements including track panels, lights, relocated signal, gates, audible warning devices, upgraded railroad track detection as required by ODOT Rail and/or Union Pacific Railroad, and an accessway to establish a walking and bicycling connection to the South Bank Path PB-8 Grade Separated Path Alder Street Railroad Crossing TBD South Bank Bike Path to Alder Street PB-18 Protected Bike Lane High Street $2,267,000 East 6th Avenue to East 19th Avenue PB-111 Neighborhood Greenways Broadway $47,000 Charnelton Street to High Street PB-376 Shared Use Path Franklin Boulevard Path $639,000 South Bank Path to Riverview Street PB-503 Neighborhood Greenways/Bike Lane High Street $42,000 Cheshire Avenue to East 6th Avenue PB-508 Sidewalk Path Franklin Boulevard sidewalk path $273,000 Alder Street to Millrace Park Path PB-580 Protected Bike Lane Hilyard Street $330,000 East 8th Avenue to East Broadway PB-582 Protected Bike Lane E Broadway $265,000 Hilyard Street to Alder Street PB-591 Neighborhood Greenways Garden Avenue $52,000 Millrace Drive to East 15th Avenue Source: City of Eugene Transportation System Plan Table 4 shows the list of transportation projects identified in the City of Eugene’s Capital Improvement Program (CIP) that are located in the District. The listed projects document existing conditions only, they do not mean these are projects included in this Plan. 9 Table 4. Capital Improvement Program Projects: Transportation CIP Project Number Project Type Project Name 2014 Cost Estimate Description T8 Transportation Coburg Road Viaduct Load Strengthening $1,800,000 This project is in construction to make repairs to the steel bridge over the Willamette River and the viaduct. Design work included preliminary design of seismic upgrades to the Willamette River Bridge to be constructed upon future funding T9 Transportation East Broadway Street Paving $1,800,000 This project will rehabilitate East Broadway Street from Mill Street to East 11th Avenue T10 Transportation Franklin Blvd: 11th Ave to Walnut Street Paving $2,700,000 This project will rehabilitate Franklin Boulevard from 11th Avenue to Walnut Street T11 Transportation Franklin Blvd: A Partnership to Rebuild and Revive a Corridor $35,500,000 This project will redesign Franklin Boulevard from 11th Avenue to I-5 including conversion to roundabouts, reduction of travel lanes, and reallocation of space for protected bicycle and pedestrian facilities Source: City of Eugene Capital Improvement Program 6. Wastewater System Table 5 shows the wastewater project identified in the City of Eugene’s Capital Improvement Program (CIP) that is located in the District. The listed project documents existing conditions only, it does not mean the project is included in this Plan. Table 5. Capital Improvement Program Projects: Wastewater System CIP Project Number Project Type Project Name 2014 Cost Estimate Description W1 Wastewater Franklin Boulevard Wastewater Rehabilitation $500,000 This project will redesign and reconstruct a section of the wastewater system along Franklin Boulevard. Source: City of Eugene Capital Improvement Program 10 7. Stormwater Delivery System Table 6 shows the stormwater project identified in the City of Eugene’s Capital Improvement Program (CIP) that is located in the District. The listed project document existing conditions only, it does not mean the project is included in this Plan. Table 6. Capital Improvement Program Projects: Stormwater Delivery System CIP Project Number Project Type Project Name 2014 Cost Estimate Description S15 Stormwater Mill Street Water Quality Improvement $300,000 This project will construct a large water quality improvement structure to treat stormwater runoff from an area east of downtown, park of Franklin Boulevard, and the Millrace from Kincaid Street to Ferry Street. Source: City of Eugene Capital Improvement Program 8. Parks and Plazas The Plan Area stretches along the south side of the Willamette River, making parks and open space important components of the District. As development continues in the Plan Area, preserving and improving access to the River is an important consideration. The Plan Area currently includes the following parks and open spaces: (a) Riverfront Park – A new urban park that features broad river views, new bicycle and pedestrian paths, covered seating, and overlooks. (b) Franklin Park – This park is a forested natural area near the Willamette River that currently does not have access or recreational facilities. The site lies between Franklin Boulevard and the railroad tracks next to the Willamette River, and provides habitat for insects, birds, and small mammals. (c) Ruth Bascom Riverbank Path System (South Bank Bike Path) – A portion of the South Bank Bike Path and a portion of the Ruth Bascom Riverbank Path System is in the District. Table 7 shows the Parks project identified in the City of Eugene’s Capital Improvement Program (CIP) that is located in the District. The listed project documents existing conditions only, it does not mean the project is included in this Plan. Table 7. Capital Improvement Program Projects: Parks CIP Project Number Project Type Project Name 2014 Cost Estimate Description P3 Parks Downtown Riverfront Plaza $7,000,000 This project will develop the one-care upland portion of the Riverfront Park into an urban riverfront amenity. Source: City of Eugene Capital Improvement Program 11 B. Social Conditions 1. Housing There were 1,275 housing units in the Plan Area as of July 2023. There are 18 units of Affordable Housing (income-qualifying) within the Plan Area. In the past 10 years, approximately 1,000 new residential units have been created in the Plan Area, however they are targeted to college-aged students at both the nearby University of Oregon and Bushnell University. The monthly rents that are representative of the Plan Area from two of the newer large student housing complexes in 2023 are: • Studio $1,425-1,504 • 1-Bedroom $1,790-1,874 • 2 Bedroom $2,500-2,650 As part of the Downtown Riverfront redevelopment, a private development team is constructing 500 to 1,000 new market-rate housing units. In addition, the property located at the northwest corner of 4th Avenue and Mill Street is reserved for a 75-unit Affordable Housing project (included in the 2024 Plan Amendment as “Downtown Riverfront Affordable Housing”). 2. Socio-Economic Based on information from the 2021 5-Year American Community Survey (ACS) data, there are 2,313 people living in the three Census block groups that overlap the Plan Area. There is quite a bit of acreage within these block groups that is not in the Plan Area, so this is probably an overestimate of the number of residents. The majority of the residents (66%) are in the 18-24 age group and, given the proximity to the University of Oregon and Bushnell University, are likely college students. The median household income in the Plan Area is well below the median household income in the City. (Table 8 and Census Boundaries Map in Appendix, Report Exhibit C.) Table 8. Median Household Income Population Margin of Error (+/-) Median Household Income Margin of Error (+/-) City of Eugene 173,278 136 55,776 1,824 Census Tract 37, Block Group 1 2,640 428 24,453 4,043 Census Tract 38.02, Block Group 1 2,358 907 28,125 21,769 Census Tract 39, Block Group 1 1,296 407 35,662 4,675 Total Population 6,294 Data source: ACS 2021-Year Estimates. B01001 Total Population, B19013 Median Household Income 12 3. Employment In early 2023, there were 201 employers and about 1,900 employees in the Plan Area, according to the Oregon Employment Department’s Covered Employment data. The largest employers in the District were Northwest Community Credit Union and Whole Foods, based on estimates from InfoUSA, 2023. However, these data do not include employment at the University of Oregon. The University owns numerous buildings in the Plan Area, including Fine Arts studios, Campus Planning and Facilities Management, the Zebrafish International Resource Center, the Central Power Station, and the Knight Campus. Faculty and staff that work in these spaces are included in the University’s overall employment numbers—the Covered Employment dataset does not disaggregate employees by building. The University’s buildings accommodate hundreds of employees, the Knight Campus alone has about 500 workers. The University is constructing a second Knight Campus building, which will accommodate an additional 500 employees, which will bring the full Knight Campus capacity to approximately 1,000 workers. C. Economic Conditions 1. Value of Property The FY23 taxable assessed value for the whole City of Eugene is $18,254,461,170. The total taxable assessed value, which includes the ‘frozen base’ and ‘increment’, for the Riverfront Urban Renewal District as of FY23 is $255,345,586. The total taxable assessed value for the Downtown Urban Renewal District as of FY23 is $240,398,656. Of these amounts, excess value, also known as increment, of the Plan Areas for Eugene’s two Urban Renewal Districts is $411,398,048. The increment, or excess value, is the growth in assessed value of the Plan Area after its initial adoption. Table 9 below demonstrates that the combined frozen bases for the Downtown and Riverfront Urban Renewal Districts is less than 1.0%, well below the 15% limit of the City of Eugene assessed value minus the increment (excess) value of the Urban Renewal Plan Areas as imposed by ORS 457.420. Table 9. Assessed Value Limitations as of FY23 A. City of Eugene Total Assessed Value (AV) $ 18,254,461,170 B. Total Frozen Base AV of Districts $ 84,346,194 Downtown District $ 33,736,746 Riverfront District $ 50,609,448 C. Total Increment AV of Districts $ 411,398,048 Downtown District $ 206,661,910 Riverfront District $ 204,736,138 D. Frozen Base AV as % of City AV: B/(A-C) 0.5% The Agency Board is considering a permanent increase to the frozen base in the Riverfront Urban Renewal District to $110,395,364 starting in FY25. If the Agency Board decides to permanently increase the frozen base in the Plan Area, the Frozen 13 Base assessed value as a percent of City assessed value is estimated to be 0.8%, still well below the 15% statutory limitation. 2. Relationship of the Value of Improvements to the Value of Land The current ratio of improvement value to land value within the Plan Area, based on 2023 assessment records and excluding all tax-exempt property, is 3 to 1. This data is from the Lane County Assessor’s 2023 tax records. D. Environmental Conditions The Plan Area has been developed with a mix of commercial, industrial, and residential uses. Most streets, sidewalks, alleys, and sewers are in place and should be upgraded and maintained. The public park areas within the Plan Area should be maintained as needed by the City. There are opportunities through the additional resources from the Plan Amendment to improve the function and condition of some of the streets, public parks, and public plazas. • The infrastructure in the Plan Area, including roads and sidewalks, is a critical piece of the Willamette to Willamette Initiative, focused on connecting the downtown core to the river. Part of that project is to transform 8th Avenue from a predominantly one-way west-bound street with inadequate pedestrian and bicycle amenities into a two-way inviting and accessible path to and from the river and the ongoing development on the Downtown Riverfront property as well as the university area to the east. Construction is underway on a portion of that project, but there are more opportunities to improve the connection within the Plan Area. • A portion of the Plan Area is within the boundaries of the Willamette Greenway and will be subject to policies protecting riparian areas along the southern bank of the Willamette River. • The Millrace is an environmental historical feature which is currently not maintained and portions are not accessible for public recreation. Chapter 3: Expected Impact, Including Fiscal Impact , of the Plan in Light of Added Services or Increased Population The projects in the 2024 Amendment support the Plan goal to strengthen the economic conditions of the Plan Area. The historic Steam Plant, which is currently planned for redevelopment as a hotel, will be a commercial anchor of the Downtown Riverfront, attracting both residents and visitors to the unique project and creating more job opportunities. The increased residential uses in the Downtown Riverfront will provide increased activity to the businesses in the Plan Area. The projects will also contribute to the goal of enhancing the Plan Area’s role as a key location for public and private development and investment. Improvements to right of way will contribute to the goal of reinforcing the Plan Area as a place to live, work, or visit by providing inviting and highly functional spaces for the community to enjoy on a daily basis as well as for special events. 14 One measure of this goal to strengthen the economic conditions is the expected increase in the taxable property values caused by the projects. Areas adjacent to the Plan Area are also expected to become more valuable. From FY23 through the estimated remaining life of the District (FY49) assessed value in the Plan Area is estimated to increase by about $903 million. Potential direct impacts to School District 4J from the 2024 Amendment are residential development projects that will ideally increase the number of people living in the Plan Area. Whether or not those residents have school-aged children is unknown at this time. However, the schools are funded on a per pupil basis, so additional school-aged students could mean additional funding for the schools. The amount of increased residential units will not likely require new school facilities. (See Chapter 9 for a summary of the financial impact that the Riverfront District has on 4J.) The projects included in the 2024 Amendment, like all development projects, are expected to impact police services, transportation, utilities, and other public services. City Council selected projects within the Plan Area for the way in which they support planning efforts and strategies, such as Envision Eugene, and adopted policy documents, such as the Eugene Downtown Plan, the Housing Implementation Pipeline, and the Climate Action Plan 2.0. Developed with significant public input, the planning documents were based on assumptions about the value of and expected need for higher density of uses and development, with a consequent need for new and improved services and amenities. The Amendment is expected to facilitate improvements within the Plan Area, thereby addressing the goals and policies in these documents. The policies of the Downtown Plan strongly support an active, strong urban core connected to the river, development in the Downtown Riverfront including the Steam Plant, and pedestrian improvements at Broadway and Mill Streets. The pillars of Envision Eugene that will be addressed by the 2024 Amendment are to provide housing affordable to all income levels and to promote compact development and efficient use of transportation. Specifically, the 2024 Amendment projects are expected to meet more of Eugene’s multi-unit housing needs and transform the eastern end of downtown into a mixed-use neighborhood that fosters active, walkable community living and connects to the downtown core. The projects in the Plan do not result in an intensification of development beyond that previously anticipated under the planning documents. The Agency will use tax increment revenues to carry out the Plan. The use of tax increment revenues will affect the property tax revenues of other taxing jurisdictions that share assessed value with the Plan Area. The property tax impacts are described in Chapter 9. Chapter 4: Reasons for Selection of the Plan Area The Plan Area was adopted in 1985 with approximately 209 acres. This area was selected with the intention of diversifying the area’s economy by supporting development in an industrial area that would capitalize on research activities of the University of Oregon. The Plan Area was expanded by 34.5 acres in 2004 to achieve objectives outlined in downtown planning documents. The Plan Area was further expanded by approximately 1.9 acres in 15 2018 to support the redevelopment envisioned in the EWEB Riverfront Master Plan and implementation of the Railroad Quiet Zone. The five goals of the Plan are to 1) improve the function, condition, and appearance of the Plan Area, 2) eliminate blight and blighting influences, 3) strengthen the economic conditions of the Plan Area, 4) improve connections between the Riverfront Plan Area, the core of downtown, the federal courthouse, and the University of Oregon, and 5) protect or enhance the riparian area. According to ORS 457.010, “blighted areas” means areas that, by reason of deterioration, faulty planning, inadequate or improper facilities, deleterious land use or the existence of unsafe structures, or any combination of these factors, are detrimental to the safety, health, or welfare of the community. A blighted area is characterized by the existence of one or more of the following conditions: (a) The existence of buildings and structures, used or intended to be used for living, commercial, industrial, or other purposes, or any combination of those uses, that are unfit or unsafe to occupy for those purposes because of any one or a combination of the following conditions: (A) Defective design and quality of physical construction; (B) Faulty interior arrangement and exterior spacing; (C) Overcrowding and a high density of population; (D) Inadequate provision for ventilation, light, sanitation, open spaces, and recreation facilities; or (E) Obsolescence, deterioration, dilapidation, mixed character or shifting of uses. (b) An economic dislocation, deterioration or disuse of property resulting from faulty planning; (c) The division or subdivision and sale of property or lots of irregular form and shape and inadequate size or dimensions for property usefulness and development; (d) The laying out of property or lots in disregard of contours, drainage and other physical characteristics of the terrain and surrounding conditions; (e) The existence of inadequate streets and other rights of way, open spaces and utilities; (f) The existence of property or lots or other areas that are subject to inundation by water; (g) A prevalence of depreciated values, impaired investments, and social and economic maladjustments to such an extent that the capacity to pay taxes is reduced and tax receipts are inadequate for the cost of public services rendered; (h) A growing or total lack of proper utilization of areas, resulting in a stagnant and unproductive condition of land potentially useful and valuable for contributing to the public health, safety, and welfare; or (i) A loss of population and reduction of proper utilization of the area, resulting in its further deterioration and added costs to the taxpayer for the creation of new public facilities and services elsewhere. A total of 184 tax lots are located in the Riverfront Urban Renewal District. Eighty-two percent (or 151) of the 184 tax lots surveyed are determined to have blighted conditions. Fifty-two percent (or 97) of the tax lots in the District were considered to be very blighted because they have a ratio of Improvement Value to Land Value of 2:1 or less. In addition to 16 the tax lots surveyed, 20 locations in rights-of-way, roads, public walkways, and sidewalks also demonstrate blighted conditions. The blighted conditions impact the safety, health, and welfare of the community through potentially unsafe conditions for accessibility through deteriorating public rights-of-way, deficiencies in maintenance of public buildings and open spaces, decreased property values and taxable values, extensive vacancies, and outdated structural designs that are deteriorating. The evidence of blight and blighting influences reduces the economic activity in the area, leading to lowered value and a disincentive to invest. Additional information about blight findings can be found in the Property Analysis Report (Exhibit C to the Ordinance). Chapter 5: Relationship Between Existing Conditions and Each Project Activity Undertaken in the Plan All Projects set forth in Section 600 of the Plan are intended to correct the existing deficiencies in the Plan Area as described in this report (see Chapter 2). The projects in Section 600 of the Plan are: 1) Existing Activities, specifically Steam Plant Redevelopment and Downtown Riverfront Affordable Housing; 2) Additional Housing; 3) Physical Improvements to Address Safety and Comfort; and 4) Projects Directed/Initiated by the Agency Board. These projects will build on the significant efforts undertaken to redevelop the Downtown Riverfront, the former site of EWEB’s operations and headquarters. These projects also align with the challenges and opportunities identified in a fall 2022 community outreach effort, known as Downtown Priorities and Projects. That effort looked at a focus area that included part of the Riverfront Urban Renewal Plan Area. It built on community outreach conducted over the previous few years and complementary professional recommendations. The Downtown Priorities and Projects effort led to recommended improvements for Eugene’s downtown (which includes a portion of the Plan Area) in six categories: Housing; Public Safety; Social Services; Commercial Activity and Development; Public Spaces and Mobility; and Events and Culture. Staff presented a summary of the Downtown Priorities and Projects recommendations to the Agency Board in January 2023. A. Existing Activities Among other existing activities, the two prominent ones are Steam Plant Redevelopment and Downtown Riverfront Affordable Housing. 1. Steam Plant Redevelopment Redevelopment of the Steam Plant will preserve and reuse a historically significant building, increase public use of the building, and expand access to views of the river. The developer intends to list the building on the National Register of Historic Places. The redevelopment will also improve the building’s current status as a blighted condition. After not being used since 2012, the building has become a target of vandalism and theft and has significantly deteriorated. In addition, as a mixed-use building anchored by a hotel and 17 including retail food and drink establishments, the building will support the creation of dozens of new jobs. 2. Downtown Riverfront Affordable Housing The property selected for the Downtown Riverfront Affordable Housing project is a vacant parking lot at the northwest corner of 4th Avenue and Mill Street. A housing development would result in a higher and better use of this property, as well as address the City’s goals related to housing that is affordable to all income levels. See the next section for general information on how development of more housing in the Plan Area addresses existing conditions. B. Additional Housing The Plan Area has long been challenged by underutilized or vacant properties and buildings. These structures create empty spaces between active uses that lack vibrancy, add to a perceived lack of safety, and provide for a weak link between the downtown core and the Willamette River. Increasing the housing supply addresses these problems. Converting vacant parcels and underutilized commercial buildings to residential uses will fill in empty spaces in the Plan Area. New housing units will attract people who will in turn increase demand for retail goods and services and expand the number of people walking throughout the Plan Area, enhancing vitality and perceptions of safety. Expanding the Plan Area’s housing supply also supports Eugene’s efforts to positively impact housing issues and reduce per capita carbon emissions, described in the following documents: • The Housing Implementation Pipeline (HIP) summarizes the City’s goals, efforts, and coordination of housing production across the Eugene community. The HIP has a goal of issuing 6,000 permits for new housing units by the end of FY27 to address the undersupply of housing in Eugene. Increasing the number of housing units in the Plan Area will help support this goal. • The Climate Action Plan 2.0 (CAP 2.0) identifies strategies that the Eugene community can take to address climate change. The CAP 2.0 states that housing policy is a cornerstone of any City’s climate policy, because housing units built close to transit, jobs, and other amenities allow residents to access the community using fewer vehicle trips. Downtown already offers all of these amenities. An important reason for the lack of housing in the western end of the Plan Area is the relatively high cost of construction in dense areas. Properties in dense areas are often constrained construction sites.  The lack of ‘elbow room’ means more complicated logistics for the builder to manage. The sites often do not have on-site staging areas and have a higher likelihood of needing street/sidewalk closures compared to construction in less dense neighborhoods.  18 Some properties in the Plan Area have existing structures on them which could be converted from prior commercial uses to residential uses, but the financial feasibility of the project is hampered by the cost of the existing building. In addition, the change of use may trigger requirements for seismic upgrades and Systems Development Charges (SDCs) to cover the cost of adding to infrastructure systems. These costs can render the cost of redevelopment to be equal to the cost of new development. Redevelopment may require paying for an existing building and elevated construction costs. The availability of incentives and predictability of the funds directly impacts the creation of new housing units. An ongoing fee assistance program that covers fees related to construction of housing would create an incentive for the projects, while also continuing to fund the programs and activities those fees pay for (such as the infrastructure capacity for new growth). For example, the Transportation System Plan and Parks and Recreation System Plan, and their companion SDC project lists, not only provide capacity for new development, they also serve as integral plans to meeting the goals of Envision Eugene, the Climate Recovery Ordinance and the Climate Action Plan 2.0. C. Physical Improvements to Address Safety and Comfort Improvements to the public right-of-way benefit workers, visitors, and residents, as well as the community at large with a safe and attractive connection between the downtown core, the Riverfront, and the University area. Blighted conditions in these areas include barren spaces with broken, deteriorated, and poorly lit pedestrian walkways, lack of amenities such as seating or drinking water, and areas that do not meet accessibility standards. The expenditure of urban renewal funds for the spaces will improve or remove blighted conditions, which will in turn provide a healthier and safer place for Eugene residents and visitors. There are significant new developments occurring on the Downtown Riverfront site and near the Federal courthouse. Existing street crossings and pedestrian walkways that connect downtown to these newly improved areas are narrow and uninviting. For the Plan Area to flourish it should have street connectivity to ensure multiple mobility modes can easily access the Plan Area. Enhancing these public spaces will create an improved environment, so that the on-street experience is pleasant and perceived to be safe. Enhancing connectivity for multiple modes of mobility will encourage individuals to cross streets in the Plan Area. Street, curb, and sidewalk improvements will improve deteriorated spaces that are uneven and inaccessible. Improvements will make the pedestrian environment safe, accessible, and attractive, which will enhance the pedestrian experience as individuals move from within and through the Plan area. These improvements are consistent with the CAP 2.0, Action T7, which states the City of Eugene will develop a sidewalk infill program and strategy for upgrading unimproved streets and connectivity to parks, shopping, and important community resources. D. Projects Directed/Initiated by the Agency Board The east end of downtown, east of Mill Street, has seen significant redevelopment in recent years, including the Wayne L. Morse U.S. Courthouse, Northwest Community Credit Union, 19 the Foundry Building, and new multi-story residential developments, creating a need for residents, employees, and visitors to access this area. This need is expected to continue increasing with the recent opening of the Riverfront Park, the construction of the Downtown Riverfront neighborhood, the redevelopment of the Steam Plant, and the relocation of City Hall. As activity in the area continues to increase, there is a need to evaluate how these areas are accessed and how to accommodate the new demands on the transportation system. The Downtown Riverfront redevelopment and new Park will significantly increase the need for parking and mobility in this area. The planned housing in the Downtown Riverfront includes parking to serve the needs of the private redevelopment. On-street parking is anticipated to meet most of the standard daily needs of people accessing public amenities, such as the Park, restaurant, and commercial spaces. However, on-street parking will not accommodate all of the parking needs during high demand periods such as nights and weekends, and during special events. In addition, the Steam Plant parcel size is not sufficient to accommodate anticipated parking needs for its future redevelopment into a mixed-use center. While implementation of other mobility options may reduce the need for parking, it is still expected more parking is needed, at least in the medium term. The Agency is authorized to participate in the effort to reroute the transmission lines that currently run from the electrical tower in the Riverfront Park, south along the river next to the Southern Plaza. Rerouting of the transmission lines would allow removal of the existing tower in the Riverfront Park, opening views at the southern end of the park and in front of the Steam Plant and creating more passive open space in those places. The realignment within Alton Baker Park would move the towers and lines away from the canoe canal creating a safer maintenance environment for EWEB, benefitting wildlife along the canal, and supporting EWEB's long-term resiliency plans. The Plan Area includes centrally located parks and public facilities that serve the whole community. Urban Renewal funds could be used to support physical improvements to public spaces that benefit the broader community. The South Bank Path runs through the Plan Area, providing connections to the University, Eugene neighborhoods, and Springfield. Franklin Park is located on the east side of the Plan Area and does not have access or recreational facilities. Investment in public facilities, such as a City Hall or fire station, will benefit the Plan Area by increasing public usage of the area and stimulating additional public and private investment in the District. Strategic development of public facilities on underutilized properties would help address blight in the Plan Area. Urban renewal funds could also support physical improvements to privately owned properties to improve the look and feel of the Plan Area and enhance the experience of residents, workers, and visitors. The Agency would be stimulating economic activity and bringing positive ground-floor presence to the street by assisting with façade improvements or investing to make properties more marketable for a variety of uses. 20 Chapter 6: Estimated Total Cost of Each Project or Activity, Sources of Money, and Anticipated Completion Date for Each Project or Activity This Report on the 2024 Amendment includes the estimated cost of projects to be carried out following the adoption of the amendment. Cost estimates are based on new tax increment revenue resulting from the increase to maximum indebtedness. Table 10 lists the project activities included in the Plan and estimated costs. Because elements of each project are yet to occur or will not be known until implemented, there is a range of opportunities within each project. The estimated range gives a sense of scale and scope that could be possible. Below is a short description of each of the projects. A. Projects 1. Existing Activities - Steam Plant redevelopment The Steam Plant is part of the Downtown Riverfront property that the Agency purchased from EWEB in April 2018. The building was the oldest of EWEB’s operational buildings and is the only remaining industrial structure. Constructed in phases from the 1930s to the 1950s, the 28,000 square foot multi-story masonry building was used to generate standby electrical power and to provide heat to downtown businesses. Steam Plant operations ceased in 2012 and the building has since been vacant. Following a Request for Qualifications/Proposals process, in 2019 the Agency Board directed the Agency Director to enter into negotiations with the local development team for the redevelopment of the Steam Plant. Adaptive re-use of the existing building is ambitious, facing extraordinary challenges that include environmental, seismic, and financial obstacles. Because of those obstacles and the cost to address them, the Steam Plant has a negative value and the project is only feasible with the financial support of the Agency and/or the City. In 2022, the Agency Board approved terms for the sale and redevelopment of the Steam Plant that allocated $1.5 million of Urban Renewal funds for asbestos abatement, system development charges, and permit fees and provides the property at no cost. The development team estimates that even after accounting for the allocated funds, the planned redevelopment has a remaining financial gap of about $6.3 million. Assuming the Agency Board will choose to fill the full financial gap, that would make up 8% of the 2024 Amendment spending limit increase. This project is one of two projects funded in FY26 in the 2024 Amendment. 2. Existing Activities - Downtown Riverfront Affordable Housing The Affordable Housing project located at the northwest corner of 4th Avenue and Mill Street, also known as “Parcel 2,” in the Downtown Riverfront will need substantial public contribution to compensate for the low rents and to make it financially viable. Affordable Housing subsidies often come from a combination of federal, State, and local financial sources and the financial packages are complex. The neighborhood character of the Downtown Riverfront, first articulated in the EWEB Riverfront Master Plan and continued 21 in subsequent City policies, includes high-quality, urban architecture. These denser, more durable buildings are a more expensive type of construction and higher cost-per-square-foot than more suburban “garden-style” apartments. All of these factors lead to high development costs. With rising construction costs, site constraints, the desire for the building to be responsive to the urban design context of the Downtown Riverfront while keeping rents affordable, it is expected there will be a need for significant subsidy – likely in the range of $5 million. Assuming the Agency Board will choose to allocate $5 million to support the project, that would make up 7% of the 2024 Amendment spending limit increase. This project is one of two projects funded in FY26 in the 2024 Amendment. 3. Additional Housing Approximately 33% of the 2024 Amendment spending limit increase would be allocated to support the creation of new housing. For Development Fee Assistance, funds would be allocated based on projects meeting criteria approved by the Agency Board. Funds could be allocated to pay up to 100% of development fees. It is assumed it would take about four years from allocating funds to a project to when construction would be completed. Estimating based on development fees for recently completed projects in and near downtown, fees could be approximately $10,000 per unit. Assuming 50% of the housing funding was allocated for development fee assistance ($12.6 million) it is estimated the Agency could support the creation of about 1,260 residential units. Funds for Development Fee Assistance would be allocated during the Plan period with the final units estimated to be funded by FY49. Total cost is dependent on the specifics of developments undertaken, and any future adjustment of fee rates during the years ahead. For Land Acquisition, total cost is dependent on the properties being acquired. Approximately half of the funds allocated for housing, $12.6 million, are estimated to be for land acquisition. The funding for Acquisition first becomes available in FY29. As stated in the Plan, Agency Board approval is required before land will be acquired or sold. 4. Physical Improvements to Address Safety and Comfort It is estimated that approximately 13% of project funding would be allocated to physical improvement projects that address safety and comfort. Funds would be allocated during the Plan period. Actual costs will depend on projects and priorities. Some of the funding for Physical Improvements to Address Safety and Comfort is available in FY29. Other funding is available later in the life of the Plan. 5. Projects Directed/Initiated by the Agency Board It is estimated that approximately 23% of project funding would be allocated to activities listed in Section 600D, Projects Directed/Initiated by the Agency Board, which includes, as examples, Parking, Transmission Line Rerouting, Open Space Improvements, Development Support, and Other Public Facilities. Further study is needed to determine costs, feasibility, and timing for these possible projects. Based on 2022 estimates, staff estimates a 75-stall surface parking lot would cost up to $1.2 million (preliminary cost estimate of $300,000 to 22 $450,000 for construction combined with potential land acquisition cost). EWEB’s 2018 cost estimate for the transmission line rerouting is about $1.2 million and staff have had preliminary conversations about the City or Agency potentially contributing funding for the work that would occur on the Downtown Riverfront side of the river (about $500,000 in the 2018 estimate). Funding for Open Space Improvements, Development Support, and Other Public Facilities will depend on the need and will be administered according to the rules in the Plan. Some of the funding for Projects Directed/Initiated by the Agency Board is available in FY29. Other funding is available later in the life of the Plan. B. Project Delivery Administration Actions for this activity include program administration (project management, loan and grant administration, support for ongoing investments within the Plan Area, public engagement, financial services, debt issuance and administration); legal services; reporting (budgets, financials); preparation of market, feasibility, or other economic studies; preparation of design, architectural, engineering, landscaping architectural, planning, development, or other developmental studies; providing accounting or audit services; providing special rehabilitation, restoration, or renovation feasibility and cost analysis studies; assisting in preparation of the annual financial reports required under Sections 800 and 900 of the Plan; providing property acquisition appraisals; and evaluation of the plan and the success of its activities. Many of the activities are provided through a contract between the City of Eugene and the Agency dated June 15, 2004. The Agency may also acquire, rent, or lease office space and office furniture, equipment, and facilities necessary to conduct its affairs in the management and implementation of this plan. Projections for district administration assume that once the projects are complete, district administration expenses will be reduced to a level that will be sufficient to run the loan and grant program, support ongoing investments within the Plan Area, and ensure administration of outstanding debt, budget development, annual review of project activities, and financial report preparation. The bullet points below summarize the projected administration costs, which includes staffing for project delivery, ongoing financial administration, and the loan and grant program. Additional items in the projection include legal and consulting fees necessary to protect the City/Agency and complete the projects, debt issuance cost needed for the projects, and property management. • Project Delivery – Staffing o Average of 1.2 FTE at an average cost of $294,000 per year FY25 through FY49; personnel costs are projected to increase 3-4% per year due to inflation and higher health and retirement costs. • Project Delivery - Legal costs, public engagement, financial administration, overhead and miscellaneous o $151,000 average per year FY25 through FY49; higher in the early years and a smaller amount for maintenance over time. 23 • Debt Issuance Costs o $100,000 per issuance for a total of $300,000 across three series of debt; to be determined. Table 10. List of Project Activities and Estimated Allocations of Tax Increment Revenues Project Activity Estimated Cost Allocations Steam Plant $6,300,000 Downtown Riverfront Affordable Housing $5,000,000 Additional Housing $25,124,000 Physical Improvements $10,000,000 Projects Directed/Initiated by Agency Board $17,150,000 Debt Issuance Costs $300,000 Project Delivery Administration $11,126,000 Total $75,000,000 Source: Tiberius Solutions * The amounts provided in Table 10 are estimates. The Agency Board will approve actual amounts to be spent on individual projects after reviewing project details. The Agency Board may ultimately approve spending for an individual project above or below the estimates listed in this table; however, the total tax increment spending for the District will not exceed the 2024 cumulative spending limit (maximum indebtedness) of $109.8 million. The increased maximum indebtedness from the 2024 Amendment will start funding projects in FY25. Decisions on priorities of funding for projects will be made by the Agency Board at regular Agency Board meetings, all of which are open to the public. Depending on future tax increment revenue levels, construction of the projects contemplated in the 2024 Amendment is expected to be completed by FY49, and debt issued to fund the projects is estimated to be paid off by FY49. Chapter 7: Estimated Amount of Money and Anticipated Year in Which Indebtedness will be Retired or Otherwise Provided For Under ORS 457.420 to 457.460 The total amount of tax increment revenue expected to be collected by the Agency beginning in FY25 to pay off maximum indebtedness is estimated at about $100.1 million. The projects in the Plan will be funded with a combination of urban renewal tax increment financing under ORS 457 and other sources. The Agency may apply for funding from other federal, state, and local grants in order to complete the projects. Oregon Revised Statutes require that each urban renewal district that receives property taxes include a “maximum indebtedness” limit in their urban renewal plan. “Maximum indebtedness” is a required spending cap for all property tax expenditures over a period of time. “Maximum indebtedness” is not a legal debt limit; it is more like a spending limit. Adopting a maximum indebtedness figure does not authorize or obligate the Agency to spend money or enter into debt. Within the maximum indebtedness limitation, the Agency Board has the ability to fund projects over time, either with cash or by issuing debt. 24 Certain expenditures are included in the maximum indebtedness calculation and certain expenditures are excluded. For instance, cash payments for projects and administrative expenses are included in the calculation, but expenditures made from sources other than tax increment revenues are not included in the spending limit, such as from the loan program (known as River Loans). In addition, interest on debt is not included in maximum indebtedness, nor is the refinancing of existing indebtedness. The City Council amended the Plan in 2004 to include a maximum indebtedness limit of $34.8 million. The $34.8 million figure represented the amount that the Agency was allowed to cumulatively spend in tax increment revenues starting in 2004, excluding existing debt and other expenditures that are excluded from maximum indebtedness as described above. The 2024 Amendment increases the maximum indebtedness as shown in Table 11 below, adds project categories to the Plan, and includes general updating. Table 11. Maximum Indebtedness (MI) Calculation Amendment Maximum Indebtedness Increases 2004 Plan Amendment $34.8 million 2018 Plan Amendments (x2) No increase 2024 Plan Amendment $75.0 million Total Maximum Indebtedness $109.8 million Table 13 in Report Exhibit D includes information about future revenues and expenditures in the Plan Area. The timing and amounts for individual project activities will be determined by the Agency Board and, every other year, during the biennial budget process. Completion dates for individual activities may be affected by changes in the plans of other private or public partners, local economic and market conditions, changes in the availability of tax increment funds, and changes in priorities for carrying out project activities. Current projections show that the tax increment revenues should be sufficient to pay for the projects and associated debt by FY49. The District would cease collecting tax increment funds once there are sufficient tax increment funds available to repay all debt issued or obligations created to fund the projects. These projections of future tax increment revenues account for mandatory revenue sharing (i.e., underlevying) as described in ORS 457.470. In all years after the annual tax increment revenues equal or exceed the greater of 10% of the initial maximum indebtedness of the Plan or a predetermined “transition amount” as defined in ORS 457.470 (1)(d), the Agency must begin to “share” a portion of the increment value with overlapping taxing districts. This results in only a portion of the increment value being used for the purposes of calculating tax increment revenues. This financial forecast anticipates that the Plan will be subject to revenue sharing beginning in FY30, though the timing will depend upon actual collections of tax increment revenues. The maximum amount of annual tax increment revenue for the Riverfront District is anticipated to be 12.5% of the initial maximum indebtedness of the Plan, which would be $4.35 million. 25 Chapter 8: Financial Analysis of the Plan with Sufficient Information to Determine Feasibility The financial analysis of the plan shown in Table 13 in Report Exhibit D includes the anticipated tax increment revenues over the projected remaining life of the Plan. The anticipated tax increment revenues are based on reasonable projections of new development and appreciation in existing property values. The projection of tax increment revenues is based on the following assumptions: • Property assessed values will increase by 3% per year, which includes increases on existing property as well as a small amount of new investment in existing Riverfront area properties. • New taxable development is anticipated during the next several years. • The Agency Board authorizes a permanent increase in the frozen base of the Plan Area. This would shift some of the taxes being generated within the Plan Area to be out of the portion that generates tax revenue for the Plan Area (the “increment” value) into the portion that generates tax revenue for all of the overlapping taxing districts (the “frozen base” value). The projections result in urban renewal tax revenues between FY25 and FY49 of approximately $100.1 million. Together with other revenues and existing fund balances, these revenues will support $75 million increased maximum indebtedness plus the interest on the debt to fund the 2024 Amendment projects. In addition to the redevelopment projects, the revenues will be sufficient to pay for other obligations, such as project delivery administrative activities, including an allocation of overhead costs. Those costs are projected to increase over time due to inflation and higher health and retirement costs at a rate of about 3-4% per year. The Agency will also carry a balance equal to two months of operating costs each year, per City financial policy and a debt service reserve account, if required by lenders. Chapter 9: Fiscal Impact Statement that Estimates the Impact of the Tax Increment Financing, Both Until and After the Indebtedness is Repaid, Upon All Entities Levying Taxes Upon Property in the Plan Area Taxing bodies that overlap with the Plan Area are affected by the use of tax increment funds to implement the Plan. When a district is first created, the assessed value within the Plan Area is established as the “frozen base.” This is a way of keeping the overlapping taxing districts “whole” as of the date the urban renewal district is created. Property taxes from the overlapping jurisdictions (schools, general governments) are then divided among the jurisdictions that continue to receive taxes on the frozen base. In theory, urban renewal investments will spur additional development and the assessed value of the district will grow above the base. That increase is called the “incremental value” or “excess value.” The Agency receives taxes on the incremental value. This has an impact on the amount of revenue that the overlapping jurisdictions receive, versus what they would have received if there were no urban renewal districts in effect. 26 A. Impact on Tax Bills In addition to the impact on the overlapping taxing jurisdictions, urban renewal also makes individual tax bills look different. Urban renewal districts do not impose new taxes; rather, they redistribute taxes from overlapping taxing districts to the urban renewal districts. There are two basic steps to understand how an individual’s tax bill is affected by tax increment financing in Oregon. The first step determines the amount of property taxes that the urban renewal agency should receive, and the second step determines how the taxes are accounted for on property tax statements. The first step consists of applying the tax rates of the taxing districts (such as the city, county, and school districts) to the incremental value of the urban renewal district. That product is the amount of taxes that the urban renewal agency should receive. The second step determines how to divide or split the tax rates of the taxing districts so that when those “divided rates” are applied to all tax bills in the city, the urban renewal agency receives its share, and the taxing districts receive the remainder. As of July 2023, there were eight urban renewal districts in Lane County, and the calculation is done for each of these districts. The Lane County Assessor determines how the tax rates for the schools, city, and county are divided between the taxing districts and the urban renewal districts. As an example, the City’s permanent tax rate is $7.0058 per $1,000 of assessed value. For the FY23 tax year, the Lane County Assessor divided that tax rate into three pieces: $6.8480 goes to the City of Eugene, $0.0793 goes to the Downtown Urban Renewal District, and $0.0785 goes to the Riverfront Urban Renewal District. This calculation is done for each tax rate on the tax bill. With the information from the Lane County Assessor about the division of tax rates, an analysis can determine how an individual tax bill is affected by urban renewal division of tax. For the typical Eugene home that the Lane County Assessor calculated for FY23, this taxpayer would pay the same amount of total taxes before or after urban renewal division of taxes. The only difference is that some of the tax revenues go to the urban renewal districts, instead of to the overlapping taxing districts. Table 14 in Report Exhibit E sets out this calculation for the typical taxpayer in Eugene. As can be seen, the before and after urban renewal views of this taxpayer’s bill are exactly the same. B. Impact on Tax Rates Prior to the 2024 Amendment, the Riverfront Urban Renewal District was a “standard rate plan” under State statutes, which meant that property taxes used to fund urban renewal activities were limited to the permanent tax rates and bonded debt levies. Per updated State statutes, the 2024 Amendment turns the Plan into a “permanent rate plan”, meaning it may only take taxes from the permanent rate levies going forward. Bonded debt levies will no longer be impacted by this urban renewal plan. C. Impact on Overlapping Taxing District Revenues A share of property taxes from the “excess value” or “incremental value” is not collected by the overlapping jurisdictions during the period of an active district, which is foregone revenue. The incentive for the overlapping districts to support urban renewal is higher 27 property tax revenues in the long run and potential direct and indirect benefit from the urban renewal funded projects. The estimated amount of urban renewal taxes to be divided over the remaining term of the Plan (net of discounts, delinquents, etc.) is shown in Table 15 in Report Exhibit F. As can be seen in the table, in FY25, once this amendment is effective, it is estimated that the City of Eugene would forego about $1.4 million of revenue because of the Riverfront Urban Renewal District division of tax calculation. In FY49 after tax increment financing is terminated, the City of Eugene is estimated to receive $2.2 million of additional tax revenue per year as shown in Table 12. Lane County is estimated to forego $254,000 of revenue in FY25 per Table 15, and to benefit by $399,000 of additional tax revenue per year in FY49 after division of tax is terminated as shown in Table 12 The impact on school districts from the termination of the urban renewal district is more complicated. Table 15 shows the foregone taxes, excluding any impacts from tax rate compression under Measure 5 and Measure 50 and excluding any impacts from the State school funding formula. Compression occurs when levied property taxes exceed the Measure 5 limits of $5 per $1,000 of real market value for education taxes (or $10 per $1,000 for general government taxes). If taxes exceed that limit, a property is in “compression” and the taxes are reduced until the limits are met. Table 15 shows that the combined school districts (4J, Lane Community College, and Lane Education Service District) are estimated to forego $1.1 million of revenue in FY25. Table 12 shows that the combined school districts will benefit by $1.7 million of additional annual tax revenue in FY50 after the division of tax is terminated. This is not the complete story, however. The impact on K-12 schools from the division of tax calculation for urban renewal districts is largely an impact on the State’s budget because schools are mainly funded on a per-pupil funding formula (rather than by the level of property tax dollars generated within their boundaries). The State determines how much money must be allocated for the education of each pupil across the state. If the money is not available from local property taxes, the State will make up the difference. If more funds are available through local school property taxes, the State would have additional dollars to allocate as it chooses. In other words, the State can choose to allocate any extra money to education or to some other budgetary priority. If the State chooses to keep the money in education, some of that money would return to schools and education service districts based on the applicable statewide school funding formula and the rest would be distributed to school and education service districts across Oregon. The Lane County Assessor conducted an analysis of the impact of the Riverfront Urban Renewal District on School District 4J's local option levy, including the impacts of tax rate compression in FY23. The analysis, which is included as Table 16 in Report Exhibit G, shows that the Riverfront Urban Renewal District currently provides 4J an estimated net benefit of $45,000 per year. Table 16 shows the impact of tax rate compression in the education category for an additional 143 properties that would occur if the Riverfront District were not collecting division of tax revenue. This analysis concludes that 4J is better off financially if the Riverfront Urban Renewal District continues to collect tax increment funds than it would be if tax increment financing 28 were terminated. The reason is that taxes that are currently counted under the “general government” category for Measure 5 tax rate limitations (i.e., the “school property tax dollars” that now go to urban renewal) would move into the “education” category. When that happens, the education category of taxes must be reduced for a number of individual properties within the City because schools are already collecting as much as they can under Measure 5 limits for those properties. State law says that local option levy proceeds are the first to be reduced in the event of compression. In order to understand the Lane County Tax Assessor’s analysis for 4J impact for FY23, there are two factors to consider: 1. Revenue from 4J’s permanent levy would increase by approximately $866,000, for a net gain of approximately $26,000 after applying the State school funding formula. (4J receives about 3% of the total State-wide funding.) This is the best-case scenario that assumes all else is equal, and the State decides to provide more funding for schools as a result of having more property tax revenue available. 2. 4J would lose about $71,000 of local option levy proceeds (after discounts and delinquencies) if the Riverfront District no longer collects tax increment funds because of compression. The State funding formula does not apply to local option levies, so the full impact of this reduction would be felt in 4J’s budget. Both of these estimates are based on FY23 tax roll information and would vary in future years with changes in market conditions. In summary, 4J would experience an ongoing loss in its budget of about $45,000 annually as a result of terminating tax increment collections in the Riverfront District. Lane Education Service District is also funded through the State School Fund and would experience similar impacts as 4J on the permanent rate levy, however, Lane Education Service District does not have a local option levy. Lane Community College is also funded on a formula according to classes taken, not directly through permanent rate property taxes. The financial analysis in this Report accounts for mandatory revenue sharing as previously described in Chapter 7. The financial analysis also assumes that the Agency Board will authorize a permanent increase in the frozen base of the Plan Area to $110,395,364. This shifts some of the taxes being generated within the Plan Area to be out of the portion that generates tax revenue for the Area (the “increment” value) into the portion that generates tax revenue for all of the overlapping taxing districts (the “frozen base” value). This allows for a portion of the increased assessed value within the Plan Area to be shared with overlapping taxing districts including the City of Eugene. The City of Eugene permanent rate levy is the largest tax rate impacted by the Plan Area and thus the City’s General Fund would receive the largest share of increased revenue from the frozen base. The frozen base increase will generate an estimated $800,000 per year for all of the overlapping taxing districts combined starting in FY25; the City’s General Fund will receive approximately half of the total amount, or about $400,000 per year. This will reduce the annual tax increment revenue directed to the District. 29 Table 12 shows the impacts to taxing districts in FY50, which is the first year after the Riverfront District is expected to terminate taking division of taxes. Some definitions help with the understanding of this table: • Frozen Base is the total assessed value of the District at the time it was established, plus any voluntary increases by the Agency. ‘Revenue from Frozen Base’ is the tax revenue from that assessed value. • Excess Value is the growth in assessed value in the District from the time it was established, also known as ‘increment.’ ‘Revenue from Excess Value Used’ is the tax revenue received by the urban renewal agency from the excess value. This column represents the estimated new revenue that overlapping taxing districts would receive in FY50 upon termination of Riverfront District division of taxes (excluding the aforementioned State school fund and compression impacts). • ‘Revenue from Excess Value Shared’ is the taxes received by the taxing districts from the excess value that was subject to revenue sharing. The excess value becomes subject to revenue sharing (i.e., not subject to the division of tax) in all years after the annual tax increment revenues equal or exceed the greater of 10% of the initial maximum indebtedness of the Plan or a predetermined “transition amount” as defined in ORS 457.470 (1)(d). • ‘Total Revenue at District Termination’ reflects the full taxes from the assessed value of the properties within the District at termination of the District. Table 12. Estimated Revenue in FY50 After Termination of Riverfront Urban Renewal District Taxing District Type Tax Rate per $1,000 of AV Revenue from Frozen Base Revenue from Excess Value Used Revenue from Excess Value Shared Total Revenue at District Termination General Government City of Eugene Permanent 7.0058 $773,000 $2,185,000 $5,568,000 $8,526,000 Lane County Permanent 1.2793 $141,000 $399,000 $1,017,000 $1,557,000 Upper Willamette Soil & Water Permanent 0.0700 $8,000 $22,000 $56,000 $86,000 Education Eugene SD 4J Permanent 4.7485 $524,000 $1,481,000 $3,774,000 $5,779,000 Lane Community College Permanent 0.6191 $68,000 $193,000 $492,000 $753,000 Lane ESD Permanent 0.2232 $25,000 $70,000 $177,000 $272,000 Total: 13.9459 $1,539,000 $4,350,000 $11,084,000 $16,973,000 Source: Tiberius Solutions Note: This table shows gross revenues before subtracting discounts and delinquencies, which are estimated to be 5%. Chapter 10: Relocation Report A. Requirement An analysis of the existing residences or businesses required to relocate permanently or temporarily as a result of Agency actions under ORS 457.170. 30 Response No specific relocation activity is identified in the Plan. If urban renewal assistance results in relocation requirements, a relocation plan will be developed for that purpose. Relocation activities and assistance would be provided in accordance with ORS 35.500 through 35.530. B. Requirement A description of the methods to be used for the temporary or permanent relocation of persons living in and businesses situated in, the Plan Area in accordance with ORS 35.500 through 35.530. Response No specific relocation activity to be initiated by the Agency is identified in the Plan. If urban renewal assistance results in relocation requirements, a relocation plan will be developed for that purpose. Relocation activities and assistance would be provided in accordance with ORS 35.500 through 35.530. C. Requirement An enumeration, by cost range, of the existing housing units in the Plan Area to be destroyed or altered and new units to be added. Response No specific existing housing units are proposed to be removed by actions of the Plan. D. Requirement A description of new residential units which are likely to be constructed within the Plan Area. Response Some new residential units are expected to be constructed within the Plan Area. 31 Chapter 11: Appendix Exhibit A: Plan Area Map Exhibit B: Zoning District Map Exhibit C: Census Boundaries Map Exhibit D: Table 13. – Projected Revenues and Expenditures for the Plan Area Exhibit E: Table 14. – Impact of Urban Renewal on an Individual Tax Bill Exhibit F Table 15. – Estimated Division of Tax Impact of the Plan on Overlapping Taxing Jurisdictions, FY25 – FY49 Exhibit G: Table 16. – Estimated Impact of Riverfront District Tax Increment Collections on Overlapping Jurisdictions, FY23 Tax Data (Including the impact of State school funding formula and Measure 5/50 tax rate compression) 32 Report Exhibit A – Plan Area Map 33 Report Exhibit B – Zoning District Map 34 Report Exhibit C – Census Boundaries Map 35 Report Exhibit D: Table 13 shows estimated revenues, expenditures, and allocation to projects over the life of the Plan (project timing may vary). See Table 10 for project allocations. Table 13. Projected Revenues and Expenditures for the Plan Area (page 1) Total FY 2025 FY 2026 FY 2027 FY 2028 FY 2029 FY 2030 Resources Beginning Working Capital 9,351,000 7,102,000 2,211,000 3,113,000 2,456,000 - Interest Earnings 121,000 47,000 36,000 11,000 16,000 12,000 - Tax Increment Revenues 100,117,000 2,773,000 3,240,000 3,377,000 4,064,000 4,238,000 4,195,000 Bond/Loan Proceeds 32,000,000 - 5,700,000 - - 21,000,000 - Total Resources 141,590,000 12,172,000 16,078,000 5,599,000 7,192,000 27,707,000 4,195,000 Requirements Debt Service Existing Debt Service 7,942,000 1,324,000 1,323,000 1,324,000 3,547,000 424,000 - New Debt Service 55,647,000 - 497,000 497,000 497,000 2,328,000 2,328,000 Subtotal 63,589,000 1,324,000 1,820,000 1,821,000 4,044,000 2,752,000 2,328,000 Existing Maximum Indebtedness Additional Housing 848,000 848,000 - - - - - Subtotal 848,000 848,000 - - - - - New Maximum Indebtedness Steam Plant 6,300,000 - 6,300,000 - - - - Downtown Riverfront Affordable Housing 5,000,000 - 5,000,000 - - - - Additional Housing 25,124,000 124,000 - - - 11,613,000 585,000 Physical Improvements 10,000,000 - - - - 4,645,000 234,000 Projects Initiated by Agency Board 17,150,000 - - - - 7,967,000 402,000 Debt Issuance Costs 300,000 - 100,000 - - 100,000 - Project Delivery Administration 11,126,000 621,000 647,000 665,000 692,000 630,000 646,000 Subtotal 75,000,000 745,000 12,047,000 665,000 692,000 24,955,000 1,867,000 Funded by Program Income River Loans 2,068,000 2,068,000 - - - - - Additional Housing 85,000 85,000 - - - - - Subtotal 2,152,000 2,152,000 - - - - - Ending Fund Balance 7,102,000 2,211,000 3,113,000 2,456,000 - - Total Requirements 141,590,000 12,172,000 16,078,000 5,599,000 7,192,000 27,707,000 4,195,000 Annual Impact on Maximum Indebtedness 8,769,000 7,120,000 1,556,000 20,000 22,487,000 1,867,000 Cumulative Maximum Indebtedness Used to Date 42,721,000 49,841,000 51,397,000 51,417,000 73,904,000 75,771,000 Source: Tiberius Solutions 36 Table 13. Projected Revenues and Expenditures for the Plan Area (page 2) FY 2031 FY 2032 FY 2033 FY 2034 FY 2035 FY 2036 FY 2037 Resources Beginning Working Capital - - - - - - - Interest Earnings - - - - - - - Tax Increment Revenues 4,194,000 4,194,000 4,194,000 4,194,000 4,194,000 4,194,000 4,194,000 Bond/Loan Proceeds - - 5,300,000 - - - - Total Resources 4,194,000 4,194,000 9,494,000 4,194,000 4,194,000 4,194,000 4,194,000 Requirements Debt Service Existing Debt Service - - - - - - - New Debt Service 2,328,000 2,328,000 2,790,000 2,790,000 2,790,000 2,790,000 2,790,000 Subtotal 2,328,000 2,328,000 2,790,000 2,790,000 2,790,000 2,790,000 2,790,000 Existing Maximum Indebtedness Additional Housing - - - - - - - Subtotal - - - - - - - New Maximum Indebtedness Steam Plant - - - - - - - Downtown Riverfront Affordable Housing - - - - - - - Additional Housing 681,000 690,000 2,956,000 523,000 520,000 513,000 511,000 Physical Improvements 272,000 276,000 1,182,000 209,000 208,000 205,000 204,000 Projects Initiated by Agency Board 467,000 473,000 2,028,000 359,000 357,000 352,000 350,000 Debt Issuance Costs - - 100,000 - - - - Project Delivery Administration 447,000 428,000 439,000 313,000 321,000 334,000 340,000 Subtotal 1,867,000 1,867,000 6,705,000 1,405,000 1,405,000 1,405,000 1,405,000 Funded by Program Income River Loans - - - - - - - Additional Housing - - - - - - - Subtotal - - - - - - - Ending Fund Balance - - - - - - - Total Requirements 4,194,000 4,194,000 9,494,000 4,194,000 4,194,000 4,194,000 4,194,000 Annual Impact on Maximum Indebtedness 1,867,000 1,867,000 6,705,000 1,405,000 1,405,000 1,405,000 1,405,000 Cumulative Maximum Indebtedness Used to Date 77,638,000 79,505,000 86,209,000 87,614,000 89,018,000 90,423,000 91,827,000 Source: Tiberius Solutions 37 Table 13. Projected Revenues and Expenditures for the Plan Area (page 3) FY 2038 FY 2039 FY 2040 FY 2041 FY 2042 FY 2043 FY 2044 Resources Beginning Working Capital - - - - - - - Interest Earnings - - - - - - - Tax Increment Revenues 4,194,000 4,194,000 4,194,000 4,194,000 4,194,000 4,194,000 4,194,000 Bond/Loan Proceeds - - - - - - - Total Resources 4,194,000 4,194,000 4,194,000 4,194,000 4,194,000 4,194,000 4,194,000 Requirements Debt Service Existing Debt Service - - - - - - - New Debt Service 2,790,000 2,790,000 2,790,000 2,790,000 2,790,000 2,790,000 2,790,000 Subtotal 2,790,000 2,790,000 2,790,000 2,790,000 2,790,000 2,790,000 2,790,000 Existing Maximum Indebtedness Additional Housing - - - - - - - Subtotal - - - - - - - New Maximum Indebtedness Steam Plant - - - - - - - Downtown Riverfront Affordable Housing - - - - - - - Additional Housing 518,000 515,000 508,000 504,000 498,000 494,000 487,000 Physical Improvements 207,000 206,000 203,000 202,000 199,000 197,000 195,000 Projects Initiated by Agency Board 356,000 353,000 348,000 346,000 342,000 339,000 334,000 Debt Issuance Costs - - - - - - - Project Delivery Administration 324,000 331,000 346,000 353,000 365,000 375,000 388,000 Subtotal 1,405,000 1,405,000 1,405,000 1,405,000 1,405,000 1,405,000 1,405,000 Funded by Program Income River Loans - - - - - - - Additional Housing - - - - - - - Subtotal - - - - - - - Ending Fund Balance - - - - - - - Total Requirements 4,194,000 4,194,000 4,194,000 4,194,000 4,194,000 4,194,000 4,194,000 Annual Impact on Maximum Indebtedness 1,405,000 1,405,000 1,405,000 1,405,000 1,405,000 1,405,000 1,405,000 Cumulative Maximum Indebtedness Used to Date 93,232,000 94,637,000 96,041,000 97,446,000 98,850,000 100,255,000 101,660,000 Source: Tiberius Solutions 38 Table 13. Projected Revenues and Expenditures for the Plan Area (page 4) FY 2045 FY 2046 FY 2047 FY 2048 FY 2049 Resources Beginning Working Capital - - - - - Interest Earnings - - - - - Tax Increment Revenues 4,194,000 4,194,000 4,194,000 4,194,000 2,729,000 Bond/Loan Proceeds - - - - - Total Resources 4,194,000 4,194,000 4,194,000 4,194,000 2,729,000 Requirements Debt Service Existing Debt Service - - - - - New Debt Service 2,790,000 2,293,000 2,293,000 2,293,000 1,697,000 Subtotal 2,790,000 2,293,000 2,293,000 2,293,000 1,697,000 Existing Maximum Indebtedness Additional Housing - - - - - Subtotal - - - - - New Maximum Indebtedness Steam Plant - - - - - Downtown Riverfront Affordable Housing - - - - - Additional Housing 482,000 714,000 709,000 702,000 278,000 Physical Improvements 193,000 286,000 283,000 281,000 111,000 Projects Initiated by Agency Board 331,000 490,000 486,000 481,000 191,000 Debt Issuance Costs - - - - - Project Delivery Administration 398,000 412,000 423,000 438,000 451,000 Subtotal 1,405,000 1,902,000 1,902,000 1,902,000 1,031,000 Funded by Program Income River Loans - - - - - Additional Housing - - - - - Subtotal - - - - - Ending Fund Balance - - - - - Total Requirements 4,194,000 4,194,000 4,194,000 4,194,000 2,729,000 Annual Impact on Maximum Indebtedness 1,405,000 1,902,000 1,902,000 1,902,000 1,031,000 Cumulative Maximum Indebtedness Used to Date 103,064,000 104,966,000 106,867,000 108,769,000 109,800,000 Source: Tiberius Solutions Note: The current Plan is projected not to reach the existing maximum indebtedness limit by $848,000 at the end of FY24. The Plan Amendment will allow more time to collect enough tax increment revenue to reach the existing maximum indebtedness limit. It is anticipated that these funds will be used towards housing, but the actual allocation will be made during the budgeting process. 39 Report Exhibit E: Table 14. Impact of Urban Renewal on an Individual Tax Bill Taxes Taxes Directed To: Taxes Before UR Taxing Downtown Riverfront After UR Taxing District Reallocation Districts UR District UR District Reallocation Difference Education Taxes Eugene School District 4J $1,131.55 $1,100.34 $15.68 $15.54 $1,100.34 ($31.22) Eugene School District 4J LOL 357.45 357.45 0.00 0.00 357.45 0.00 Lane Community College 147.53 144.22 1.67 1.64 144.22 (3.31) Lane Education Service District 53.19 52.00 0.60 0.60 52.00 (1.19) Total $1,689.72 $1,654.00 $17.94 $17.78 $1,654.00 ($35.72) General Government Taxes City of Eugene $1,669.46 $1,631.86 $18.90 $18.71 $1,631.86 ($37.60) City of Eugene Library LOL 37.20 37.20 0.00 0.00 37.20 0.00 City of Eugene Parks & Rec LOL 41.11 41.11 0.00 0.00 41.11 0.00 Lane County 304.85 298.01 3.43 3.41 298.01 (6.84) Lane County 4-H/Extension LOL 6.67 6.67 0.00 0.00 6.67 0.00 Lane County Public Safety LOL 131.06 131.06 0.00 0.00 131.06 0.00 Upper Willamette Soil & Water 16.68 16.35 0.17 0.17 16.35 (0.33) Eugene UR Downtown District 0.00 0.00 0.00 0.00 40.44 40.44 Eugene UR Riverfront District 0.00 0.00 0.00 0.00 50.28 50.28 Total $2,207.04 $2,162.26 $22.50 $22.28 $2,252.98 $45.94 Bonded Debt Taxes City of Eugene Bond I $1.02 $1.02 $0.00 $0.00 $1.02 $0.00 City of Eugene Bond II 184.94 182.87 0.00 2.07 182.87 (2.07) Eugene School District 4J Bond II 532.67 525.37 0.00 7.29 525.37 (7.29) Lane Community College Bond II 53.09 52.50 0.00 0.60 52.50 (0.60) Lane Community College Bond III 25.31 25.05 0.00 0.26 25.05 (0.26) Total $797.03 $786.81 $0.00 $10.22 $786.81 ($10.22) Total Taxes $4,693.78 $4,603.06 $40.44 $50.28 $4,693.78 $0.00 Source: City of Eugene from Lane County Assessment & Taxation, Table 4e, Detail of Urban Renewal Plan Areas by Taxing District, Tax Year 2022-23. Note: Calculations based on assessed value of $238,297 for typical (i.e., median) Eugene home per Lane County Assessor media release October 2022. The 2024 Amendment turns the Plan into a “permanent rate plan”, meaning it may only take taxes from the permanent rate levies going forward. Bonded debt levies will no longer be impacted by this urban renewal plan. 40 Report Exhibit F: Table 15. Estimated Division of Tax Impact of the Plan on Overlapping Taxing Jurisdictions, FY25 – FY49 Source: Tiberius Solutions Notes: 1. Property tax collections for all years is projected to be 95%. 2. Analysis does not include impact on School District 4J's local option levy, which currently benefits from the existence of the urban renewal districts. Additionally, the impact on schools is really an impact on the State’s budget because schools are mainly funded on a per-pupil funding formula rather than by the level of property tax dollars generated within their boundaries. See Chapter 9 “Impact on Overlapping Taxing District Revenues” section for more information and Exhibit G – Table 16. 3. Existing property values are projected to increase 3% per year. 4. The final year assumes only a partial year of tax increment collection is needed to reach maximum indebtedness. FY City of Eugene Lane County Upper Willamette Soil & Water Eugene School District 4J Lane Community College Lane Education Service District Total 2025 1,393,000 254,000 14,000 944,000 123,000 44,000 2,773,000 2026 1,628,000 297,000 16,000 1,103,000 144,000 52,000 3,240,000 2027 1,697,000 310,000 17,000 1,150,000 150,000 54,000 3,377,000 2028 2,042,000 373,000 20,000 1,384,000 180,000 65,000 4,064,000 2029 2,129,000 389,000 21,000 1,443,000 188,000 68,000 4,238,000 2030 2,107,000 385,000 21,000 1,428,000 186,000 67,000 4,195,000 2031 2,107,000 385,000 21,000 1,428,000 186,000 67,000 4,194,000 2032 2,107,000 385,000 21,000 1,428,000 186,000 67,000 4,194,000 2033 2,107,000 385,000 21,000 1,428,000 186,000 67,000 4,194,000 2034 2,107,000 385,000 21,000 1,428,000 186,000 67,000 4,194,000 2035 2,107,000 385,000 21,000 1,428,000 186,000 67,000 4,194,000 2036 2,107,000 385,000 21,000 1,428,000 186,000 67,000 4,194,000 2037 2,107,000 385,000 21,000 1,428,000 186,000 67,000 4,194,000 2038 2,107,000 385,000 21,000 1,428,000 186,000 67,000 4,194,000 2039 2,107,000 385,000 21,000 1,428,000 186,000 67,000 4,194,000 2040 2,107,000 385,000 21,000 1,428,000 186,000 67,000 4,194,000 2041 2,107,000 385,000 21,000 1,428,000 186,000 67,000 4,194,000 2042 2,107,000 385,000 21,000 1,428,000 186,000 67,000 4,194,000 2043 2,107,000 385,000 21,000 1,428,000 186,000 67,000 4,194,000 2044 2,107,000 385,000 21,000 1,428,000 186,000 67,000 4,194,000 2045 2,107,000 385,000 21,000 1,428,000 186,000 67,000 4,194,000 2046 2,107,000 385,000 21,000 1,428,000 186,000 67,000 4,194,000 2047 2,107,000 385,000 21,000 1,428,000 186,000 67,000 4,194,000 2048 2,107,000 385,000 21,000 1,428,000 186,000 67,000 4,194,000 2049 1,371,000 250,000 14,000 929,000 121,000 44,000 2,729,000 Total 50,295,000 9,184,000 503,000 34,089,000 4,445,000 1,602,000 100,117,000 41 Report Exhibit G: Table 16. Estimated Impact of Riverfront District Tax Increment Collections on Overlapping Jurisdictions, FY23 Tax Data (Including the impact of State school funding formula and Measure 5/50 tax rate compression) Source: City of Eugene Notes: 1. Data provided by Lane County Assessment & Taxation, tax year 2022-23. 2. Revenue estimates adjusted for discounts, delinquencies, State school funding formula, and compression. 3. Assumes that legislature allocates the additional property taxes to schools throughout the State and 4J receives approximately 3% of the total. 4. The 2024 Amendment turns the Plan into a “permanent rate plan”, meaning it may only take taxes from the permanent rate levies going forward. Bonded debt levies will no longer be impacted by this urban renewal plan. With Without Estimated Revenue If Riverfront Riverfront Riverfront District Ends Taxing District Levy Tax Increment1 Tax Increment1 Difference Tax Increment Collection2 EDUCATIONEugene School District 4J Permanent Rate 68,469,322 69,375,908 906,586 26,000 Eugene School District 4J Local Option Levy (LOL)24,906,721 24,831,879 (74,842) (71,000) Lane Community College Permanent Rate 10,973,980 11,090,774 116,794 112,000 Lane Education Service District Permanent Rate 3,956,579 3,998,913 42,334 40,000 Total Education $108,306,602 $109,297,474 $990,872 $107,000 GENERAL GOVERNMENTCity of Eugene Permanent Rate 125,004,018 126,436,974 1,432,956 1,366,000 City of Eugene Library LOL 2,849,477 2,849,477 - - City of Eugene Parks and Rec LOL 3,148,847 3,148,847 - - Lane County Permanent Rate 22,828,924 23,089,963 261,039 249,000 Lane County 4-H/Extension LOL 1,105,267 1,105,267 - - Lane County Public Safety LOL 21,710,714 21,710,714 - - Upper Willamette Soil & Water Permanent Rate 1,252,248 1,265,026 12,778 12,000 Eugene Urban Renewal Downtown Urban Renewal 2,877,334 2,877,334 - - Eugene Urban Renewal Riverfront Urban Renewal 3,530,764 - (3,530,764) (3,370,000) Total General Government $184,307,593 $182,483,602 ($1,823,991)($1,743,000) BONDSCity of Eugene Bond I 78,494 78,494 - - City of Eugene Bond II 14,008,436 14,167,252 158,816 152,000 Eugene School District 4J Bond II 32,865,721 33,321,880 456,159 436,000 Lane Community College Bond II 4,017,756 4,063,351 45,595 44,000 Lane Community College Bond III 1,916,777 1,936,838 20,061 19,000 Total Bonds 4 $52,887,184 $53,567,815 $680,631 $651,000 TOTAL $345,501,379 $345,348,891 ($152,488)($985,000) 3 EXHIBIT C: Property Analysis Report Riverfront Urban Renewal Amendment: Documentation of Blighted Areas September 2023 In the summer of 2023, public and private properties within the Riverfront Urban Renewal District were evaluated by City of Eugene staff for conditions of blight, as defined by ORS 457.010. This Property Analysis Report provides a summary of staff’s findings. A more detailed report with photos and descriptions of examples of blight is provided in Attachment 2 to this Property Analysis Report. Maps showing the area included in this analysis are provided as Attachment 1 to this Property Analysis Report. Properties and locations reviewed for characteristics of “blight” as the term is defined in ORS 457.010(1), are listed in Attachment 3 to this Report. 1 SUMMARY OF FINDINGS A total of 184 tax lots are located in the Riverfront Urban Renewal District. Eighty-two percent (or 151) of the 184 tax lots surveyed are determined to have blighted conditions. Fifty-two percent (or 97) of the tax lots in the District were considered to be very blighted because they have a ratio of Improvement Value to Land Value of 2:1 or less. To better describe the current uses of these tax lots, for the purposes of this analysis, the tax lots with blighted conditions were consolidated based on uses, resulting in a total of 69 properties that have at least one tax lot with very blighted conditions (e.g., a building and its parking lot on two different tax lots would be considered one “property”). In addition to the tax lots surveyed, 20 locations in rights-of-way, roads, public walkways, and sidewalks also demonstrate blighted conditions. Blight conditions are so prevalent and consistent in the Plan Area that the City Council concludes that the entire Riverfront Urban Renewal Plan Area is blighted. The blighted conditions impact the safety, health, and welfare of the community through: potentially unsafe conditions for accessibility through deteriorating public rights-of-way; deficiencies in maintenance of public buildings and open spaces; decreased property values and taxable values; extensive vacancies; and outdated structural designs that are deteriorating. The evidence of blight and blighting influences reduces the economic activity in the Plan Area, leading to lowered value and a disincentive to invest. Urban renewal funds that are directed at improving or reducing the blighted conditions will attract positive activity in the Riverfront Urban Renewal District, stimulate economic development and private investment, promote the continued revitalization of the Downtown Riverfront, and enhance the value of the area as a whole. As the number of businesses and opportunities for investment increases, existing businesses, and development, including restaurants, retail, and housing, will also benefit, leading to improved conditions and higher property values within the Riverfront Urban Renewal District. This survey of properties was performed August and September 2023, following three and a half years of COVID- 19 pandemic related issues, including significant increases in material, labor, and financing costs. Properties throughout the City of Eugene, including properties in the Riverfront Urban Renewal District, were heavily impacted by the necessary restrictions put in place in response to the pandemic and the current economic issues of inflation and tightening of financial lending. These restrictions have happened in a tiered process with businesses only recently opening more fully to serve customers. Vandalism and unsanctioned camping have become increasingly prevalent in the downtown core area, which includes the western part of the Riverfront District. This impacts the business community along with those wishing to visit the Riverfront District, increasing the risk for continued blighting influences. The current state of the economy and impact of the duration of the pandemic were taken into consideration with this inventory. 2 INFORMATION ABOUT THIS REPORT The determination of blight for a particular property is an indication of the character of the area and substantiation of the need for reinvestment and improvement in the District; it is not an indication that a specific property is targeted for improvement or for demolition. Even though not every property in the Riverfront Urban Renewal District is determined to be “blighted,” the City concludes that overall, the area within the Riverfront Urban Renewal District is blighted due to the number of properties with blighted conditions. This conclusion is supported by substantial evidence, as discussed below. Information related to surveyed properties was gathered primarily from visual surveys of the building exteriors and property, and of public rights-of-way; however, information collected does also include staff knowledge of particular sites. This analysis presents information on the conditions of 69 properties that include at least one tax lot considered to be very blighted. This analysis also includes an evaluation of 20 right-of-way locations with blighted conditions. The Blight Findings Matrix (Attachment 3) includes a row for each of these properties and right-of- way locations, corresponding to numbered locations on the maps in Attachment 1. The matrix includes columns relating to each of the criteria in ORS 457.010(1), and described below. For a determination that a property is “blighted,” only one of the criteria evaluated needs to be met. The final column on the table indicates whether there are property characteristics that make it “blighted” under the definition/criteria of ORS 457.010(1). Attachment 2 is a detailed report with photos and descriptions of examples of blight in the Riverfront Urban Renewal District. 3 GENERAL FINDINGS Properties were evaluated against nine categories of blight included in the statutory definition of “blighted areas” in ORS 457.010)(1). The categories are located in ORS 457.010(1)(a) through (1)(i). ORS 457.010(1)(a) includes five sub-categories (A-E) related to whether a building is “unfit” or “unsafe” to occupy or for living, commercial, industrial, or other purposes. ORS 457.010 does not elaborate on what “unfit” or “unsafe to occupy” means, nor does it state that the building must be literally unusable or uninhabitable. The City concludes that a building meets the criteria under ORS 457.010(1)(a)(A) – (E) if it has conditions that indicate that the structure is “unfit” for its intended purpose or “unsafe to occupy,” even if the building is in fact occupied and otherwise habitable. These conditions are described below. Conditions of Blight Note: Properties are identified by number in Attachments 1-3 to this Report. Where properties are offered as examples of the conditions of blight listed below, they are identified by name or address and by number for ease of cross-reference with the Attachments. ORS 457.010(1)(a) “The existence of buildings and structures, used or intended to be used for living, commercial, industrial or other purposes, or any combination of those uses, that are unfit or unsafe to occupy for those purposes because of any one or a combination of the following conditions”. ORS 457.010(1)(a)(A): Defective design and quality of physical construction The Steam Plant (#14) and 967 Patterson (#61, recently demolished after Fire Marshal’s Office deemed it unsafe) have been determined to be structures that are unfit for their intended purposes or unsafe to occupy because of “defective design and quality of physical construction.” ORS 457.010(1)(a)(B): Faulty interior arrangement and exterior spacing None of the properties surveyed were determined to be unfit or unsafe to occupy based on “faulty interior arrangement and exterior spacing”. ORS 457.010(1)(a)(C): Overcrowding and a high density of population None of the properties surveyed were determined to contain structures that are unfit for their intended purpose or unsafe to occupy due to “overcrowding and a high density of population”. ORS 457.010(1)(a)(D): Inadequate provision for ventilation, light, sanitation, open spaces, and recreation facilities None of the properties surveyed were determined to be unfit or unsafe to occupy based on “inadequate provision for ventilation, light, sanitation, open spaces and recreation facilities”. ORS 457.010(1)(a)(E): Obsolescence, deterioration, dilapidation, mixed character or shifting of uses Four properties, the Steam Plant (#14), Former Greyhound Station (#33), Motel 66 (#56), and 967 Patterson (#61) were determined to be unfit or unsafe to occupy based on “obsolescence, deterioration, dilapidation, mixed character or shifting of uses” due to building deterioration and extended vacancy. ORS 457.010(1)(b): An economic dislocation, deterioration or disuse of property resulting from faulty planning Four properties were determined to be blighted due to “economic dislocation, deterioration or disuse of property resulting from faulty planning”. These are the properties identified as the Steam Plant (#14), Former Greyhound Station (#33), Motel 66 (#56), and 967 Patterson (#61) in the Attachments to this Report. These properties were identified as blighted based on this criterion due to prior environmental contamination, extended vacancy, deterioration, and damage. These properties have had maintenance issues that led to deterioration of the quality of the property, impacting the District. ORS 457.010(1)(c): The division or subdivision and sale of property or lots of irregular form and shape and inadequate size or dimensions for property usefulness and development The grouping of three properties North of Broadway/Franklin Boulevard, and East of Hilyard (#3, #16, and #26) were classified as blighted due to the “division or subdivision and sale of property or lots of irregular form and shape and inadequate size or dimensions for property usefulness and development.” These properties comprise multiple tax lots that are a variety of sizes and held in ownership by the City and University. Two City-owned vacant parcels at the intersection of Broadway and Hilyard (#69), are too small to build on and surrounded by the former Motel 66 (#56), which also consists of two parcels of irregular size. ORS 457.010(1)(d): The laying out of property or lots in disregard of contours, drainage and other physical characteristics of the terrain and surrounding conditions None of the properties surveyed are characterized by the existence of “property or lot layouts in disregard of contours, drainage or other physical characteristics of the terrain and surrounding conditions”. ORS 457.010(1)(e): The existence of inadequate streets and other rights of way, open spaces, and utilities A total of 20 locations and/or properties were determined to be blighted based on the criterion: “the existence of inadequate streets and other rights of way, open spaces and utilities” (#69-89). Of these, 18 are locations in various rights-of-way (ROW), such as sidewalks, pedestrian walkways, alleys, or crosswalks. Locations were classified as meeting this criterion if there were extensive breaks in the sidewalk resulting in an uneven surface, large holes in the pavement, or crosswalks with holes and uneven ramps; all of which contribute to lack of accessibility. See Attachment 2 for photos of these locations. ORS 457.010(1)(f): The existence of property or lots or other areas that are subject to inundation by water None of the properties surveyed are characterized by the existence of property or lots or other areas that are subject to inundation by water. ORS 457.010(1)(g): A prevalence of depreciated values, impaired investments, and social and economic maladjustments to such an extent that the capacity to pay taxes is reduced and tax receipts are inadequate for the cost of public services rendered 151 tax lots constituting 82% of total tax lots in the District were determined to meet the blight criterion: “a prevalence of depreciated values, impaired investments and social and economic maladjustments to such an extent that the capacity to pay taxes is reduced and tax receipts are inadequate for the cost of public services rendered”. Specifically, properties with very depreciated values were classified as blighted. Depreciated values are defined in this Report as those tax lots with a ratio of 4:1 or less of Property Improvement Value to Land Value. Tax lots with a ratio of 2:1 or less were considered to be very blighted. The 69 properties included in Attachment 3 consist of at least one tax lot determined to be very blighted. Tax data for the year 2022 was used for this calculation. The depreciation ratio is based on staff research in 2010 comparing analyses completed by other communities in Oregon, including Springfield, Tillamook, and Portland. ORS 457.010(1)(h): A growing or total lack of proper utilization of areas, resulting in a stagnant and unproductive condition of land potentially useful and valuable for contributing to the public health, safety, and welfare Nine properties were determined to be blighted based on the following criterion: “a growing or total lack of proper utilization of areas, resulting in a stagnant and unproductive condition of land potentially useful and valuable for contributing to the public health, safety and welfare”. These properties are identified as 8th and Pearl parking lot (#1), Franklin Boulevard parking lots (#3, #16, and #26), Moss Street and Garden Avenue parking lot (#12), the Steam Plant (#14), the former Greyhound Station (#33), City Hall (#47), and 961 Patterson Street (#61) in the Attachments to this Report. These properties were classified as blighted under this criterion due to extended vacancies and/or property damage, all of which negatively contribute to the surrounding community. ORS 457.010(1)(i): A loss of population and reduction of proper utilization of the area, resulting in its further deterioration and added costs to the taxpayer for the creation of new public facilities and services elsewhere Eight properties were determined to be blighted based on the criterion: “a loss of population and reduction of proper utilization of the area, resulting in its further deterioration and added costs to the taxpayer for the creation of new public facilities and services elsewhere”. This determination was based on a review of the properties’ state of disrepair and lack of apparent maintenance including vegetation overgrowth, rusted materials, graffiti, garbage, and potential contamination. Property in these conditions and the continued deterioration of those properties add to current costs of maintenance and public services. The properties found to comply with this criterion are identified as the 8th Avenue and Pearl Street parking lot (#1), Franklin Boulevard parking lots (#3, 16, #26), the Moss Street and Garden Avenue parking lot (#12) and the Steam Plant (#14), the former Greyhound Station (#33), and 967 Patterson Street (#61) in the Attachments to this Report. 4 CONCLUSION The City Council finds that 151 tax lots (82% of tax lots in the Riverfront Urban Renewal District) demonstrate blighted conditions consistent with ORS 457.010(1). Of those 151 blighted tax lots, 97 tax lots (53%) were considered to be very blighted. In addition, 20 locations in roads, public walkways, and sidewalks within the Plan Area demonstrate blighted conditions. Due to the high property depreciation value, the state of disrepair of buildings, inefficient utilization of properties, and the state of disrepair of right-of-way pedestrian infrastructure within the Plan Area, the City Council finds that the entire area of the Riverfront Urban Renewal District is blighted. E PARK STE 15TH AVE CO U N T R Y C L U B R D E 8TH AVE HILYARD STPATTERSON STMA R T I N L U T H E R K I N G J R B L V D FERRY STWESTOVER DRI-105JENKINS DRLINDLEY LNANDERSON LNWALNUT STELLIE LNI5 OFFRAM P I5 O N R A M P MCKENNA DR CEDAR W O O D R D PEARL STSCOUT ACCESS RDRI V E R V I E W S TJUSTICE CENTER LPW 17TH AVE FRANKLIN BLV D W 15TH AVE W 13TH AVE VILLARD STW 11TH AVE W 10TH AVE W BROADWAY W 7TH AVE WALNUT ALYREGENT AVE W 6TH AVE W 5TH AVE MOSS STCOLUMBIA STCOLUMBIA ALYFERRY STREET BRIDGEMIA ALYMIA LNFRANKL I N B L V D COVEY LNE 7TH AVE BEECH STE 3RD AVE FERRY STCOLT D R E 2ND ALY PATTERSON ALYELLIE ALYE 7TH ALY PEARL ALYE 8TH ALY PRIVATE ROADW 11TH ALY SHELTON MC M U R P H E Y B L V D E 10TH AVE BROADWAY STKINCAID STOAK ALYMILL ALYE 3RD ALY E 12TH ALY HIGH ALYALDER STE 17TH AVEHIGH ALYE 16TH AVE E 10TH ALY OLIVE STE BROADWAY ALY W 16TH AVE W 16TH ALY MILL ALYMILL STW 8TH AVE FERRY ALYE BROADWAY WILLAMETTE STE 4TH AVE FERRY ALYBIRCH LNW PARK STS PARK ST MENLO LP BARDELL AVE COMMONS DR E 6TH AVE MEREWETHER STFAIRMOUNT BLVDPRIVATE ROADCHEVY CHASE LNONYX STUNIVERSITY STE MILL STAUGUSTA STMARCHE CHASE DRSTONEGATE STE 11TH AVE KE L L O G G R DCOBURGJJC SERVICE RDFERRY LNSYLVAN STPEARL STCOOKS GARDEN RD HILYARD ALYE 17TH AVE PRIVATE ROAD SKINNERS BUTTE LP E 16TH AVEVILLARD ALYCLUB RDALDER ALYBOARD W A L K A V E MILL STE 11TH ALY E 15TH ALY E 12TH AVEWILLAMETTE STOAK ALYOAK STE 12TH ALY E 16TH ALY E 15TH AVE E 13TH ALY E 14TH ALY E 14TH AVE W 8TH ALY E 5TH AVE ORCHARD ALYKONA STE 13TH AVE KINSROW AVE I-105 HIGH STDAY IS L A N D R DCOBURG RDROSE LN SOUTH W O O D L N E 2ND AVE JUD K I N S R D OLD C A M P U S L N MARTIN LUTHER KING JR BLVD JOHNSON LN W CENTENNIAL BLVD FIRCREST DRN GARDEN WAYORCHARD STC H E V Y C H A S E S T MAR LPI-105 PRIVATE ROAD B U C K I N G H A M A V E GAR D E N A L YRIVERFRONT PKWYGA R D E N A V E AGATE STOPPORTUNI T Y W A Y MILLRACE DR I-5CENTENNIAL L P SKYLINE BLVDI- 5 PROSPECT DRS GARDEN WAYCHE S H I R E A V E I-5I-5 OFFRAMPI-105 RD I-105 R D LEO HA R R I S P K W Y DAY I S L A N D R D Legend Streets Water Features Parks Riverfront Renewal 0 760 1,520 Feet±Caution: This map is based on imprecise source data, subject to change, and for general reference only. Riverfront Urban Renewal District Slums and Blight Inventory 2023 Attachment 1 Attachment 2 Attachment 3 SR2306_0877 9/19/2023 E 10TH AVEE PARK STE 4TH AVE E 8TH AVE HI L Y A R D S T PATTERSON STFERRY STALDER STMILL ALYMILL S TFERRY STREET BRIDGEE 7TH AVE E 8TH ALY HIGH ALYHIGH STMILL STMILL STBROADWAY STHIGH ALYE BROADWAY ALYPEARL ALYE BROADWAY E BROADWAY ALY E 6TH AVE E 5TH AVE E MILL STFERRY LNHILYARD ALYFERRY STREET BRIDGE STALDER ALYHILYARD ST PEARL STE 8TH AVE FR A N K L I N B L V D DAY ISLAN D R D 1 3 5 6 9 13 14 16 18 19 20 22 23 24 26 32 33 35 36 42 43 44 46 47 48 49 51 55 56 57 58 61 63 64 66 69 74 75 76 84 85 86 87 88 89 Legend Blight Sites Streets Taxlot Building Footprint Parks Water Features 0 250 500 Feet±Caution: This map is based on imprecise source data, subject to change, and for general reference only. Riverfront Urban Renewal District Slums and Blight Inventory 2023 Attachment 2 SR2306_0877 9/19/2023 VILLARD STWALNUT STORCHARD STPRIVATE ROADMOSS STE 13TH AVE PRIVATE ROADCOLUMBIA STFRANKL I N B L V D GAR D E N A L Y GA R D E N A V E MILLR A C E D R 2 4 7 8 10 11 12 15 17 21 25 27 28 29 30 31 34 37 38 39 40 41 45 50 52 53 54 59 60 62 65 67 68 70 71 72 73 77 78 79 80 81 82 83 Legend Blight Sites Streets Taxlot Building Footprint Parks Water Features 0 100 200 300 Feet±Caution: This map is based on imprecise source data, subject to change, and for general reference only. Riverfront Urban Renewal District Slums and Blight Inventory 2023 Attachment 3 SR2306_0877 9/19/2023 Riverfront Urban Renewal District Blight Survey Detailed Property Report 2023 This attachment provides documentation and additional information about  properties in the Riverfront Urban Renewal District (District) that were  determined to have blighted conditions.  This attachment provides additional information on notable blighted  properties and right‐of‐way locations in the Riverfront Urban Renewal  District.  To assist the user with reading this report a list of definitions are provided  below:  Property: This corresponds to the property location on the maps  included in Attachment 1and the matrix included in Attachment 3.  Name: This is the main business name, address, or descriptor for the  property. There may be multiple businesses on a property. Determination of Blight: This is the finding of blight associated with the  property. This finding will correspond with Attachment 3 to Exhibit C. Depreciation Ratio: Using data from the Lane County Tax and  Assessment office, a mathematical calculation creates a ratio from the  improvement values to land values, where the improvement value for a  property is divided by the land value for a property. If there are  multiple tax lots for an identified property, then the values for each tax  lot were totaled to create this ratio. Tax data is from tax year 2022 and  derived from regional geographic information systems (GIS).  Tax lot(s): These are the tax lot(s) associated with that property. Property Notes: The property notes are the observations collected  during inventory, and do not necessarily indicate blight. Attachment 2 •Property: #1 •Name: 8th and Pearl Parking Lot  •Determination of Blight:Depreciated Value, Lack of Proper Utilization,  Reduction in Proper Utilization •Depreciation Ratio: 0.05  •Tax lot(s): 1703311402100, 1703311402200 •Property Notes: The property is currently a public, permitted parking owned  by the City of Eugene. The asphalt has seen some degradation and needs some  maintenance.  •Property: #3 and 16 •Name: City‐owned Parking Lots along Franklin Boulevard  •Determination of Blight:Depreciated Value, Lack of Proper Utilization,  Reduction in Proper Utilization •Depreciation Ratio: 0.10 and 0.05 •Tax lot(s): 1703322405100, 1703322400101  •Property Notes: These properties has depreciated values. The property is  currently a permitted parking owned by the City of Eugene. Asphalt is uneven  and grass is overgrown.  •Property: #4 •Name: Offices, 1991 Garden Avenue •Determination of Blight: Depreciated Value •Depreciation Ratio: 0.51 •Tax lot(s): 1703333210400 •Property Notes: Property has depreciated values. Building is in need of maintenance.  •Property: #10 •Name: Offices, 1973 Garden Avenue •Determination of Blight: Depreciated values  •Depreciation Ratio: 0.50 •Tax lot(s): 1703333210300 •Property Notes: Property has depreciated values. Building is in need of  maintenance. Building is currently vacant.  •Property: #14 •Name: Steam Plant  •Determination of Blight: Depreciated Value, Lack of Proper Utilization,  Reduction in Proper Utilization •Depreciation Ratio: 0.23 •Tax lot(s): 1703322203000 •Property Notes: Property has depreciated values. Building is long vacant.  Lots vandalism and graffiti. Building is in significant state of disrepair.  •Property: #19 •Name: 950 Patterson Street •Determination of Blight: Depreciated values  •Depreciation Ratio: 1.13 •Tax lot(s): 1703322306100 •Property Notes: Property has depreciated values. Property needs  maintenance, including parking area in front of building.  •Property: #22 •Name: Housing, 937 Patterson Street •Determination of Blight: Depreciated value, graffiti  •Depreciation Ratio: 0.74 •Tax lot(s): 1703322306400 •Property Notes: Property has depreciated values. Fence on edge of property  has graffiti. Property is in need of maintenance.  •Property: #26 •Name: University of Oregon‐owned Parking Lot on Franklin Boulevard  •Determination of Blight: Depreciated Value, Lack of Proper Utilization,  Reduction in Proper Utilization  •Depreciation Ratio: 0.01 •Tax lot(s): 1703322400102 •Property Notes: The property has depreciated values. The property is  currently a parking lot owned by the University of Oregon. The asphalt has  seen some degradation and needs some maintenance.  •Property: #29 •Name: Apartments, 1853 Garden Avenue •Determination of Blight: Depreciated Value  •Depreciation Ratio:0.25 •Tax lot(s): 1703332300600, 1703332300800, 1703332300900,  1703332301000 •Property Notes: Property has depreciated values. Property needs  maintenance, including parking area in front of building.  •Property: #33 •Name: Former Greyhound Bus Station and Parking Lot  •Determination of Blight: Depreciated Value, Lack of Proper Utilization,  Reduction in Proper Utilization •Depreciation Ratio: 0.16 •Tax lot(s):1703311408300, 1703311408000 •Property Notes: Property has depreciated values. Building is currently  vacant and in need of maintenance.  •Property: #35 •Name: 7‐11 (590 E. Broadway)  •Determination of Blight: Depreciated value  •Depreciation Ratio:1.26 •Tax lot(s):1703322306200 •Property Notes: Property has depreciated value.  •Property: #40 •Name:Apartments, 2050 Garden Avenue •Determination of Blight: Depreciated value  •Depreciation Ratio: 1.05 •Tax lot(s):1703333200400 •Property Notes: Property has depreciated values.  •Property: #49 •Name: Restaurant, 490 E Broadway •Determination of Blight: Depreciated values  •Depreciation Ratio: 1.62 •Tax lot(s):1703322304100 •Property Notes: Property has depreciated values.  •Property: #54 •Name: Apartments, 1805 Garden Avenue •Determination of Blight: Depreciated values •Depreciation Ratio: 0.80 •Tax lot(s):1703332301700 •Property Notes: Property has depreciated values.  •Property: #56 •Name: Former Motel 66 •Determination of Blight: Shifting Use from Motel to Parking Lot, Economic  Dislocation & Disuse, Depreciated Value , All windows boarded up, Graffiti on  all sides, Active Camping on Property  •Depreciation Ratio: 0.40 •Tax lot(s):1703322401600, 1703322401601 •Property Notes:Property has depreciated values. Building is current vacant  and boarded up. Property is used for a private parking lot.  •Property: #59 •Name: EWEB Substation •Determination of Blight:  •Depreciation Ratio: 0.11 •Tax lot(s): 1703322200803  •Property Notes: Depreciated Value •Property: #61 •Name: Vacant lot, 967 Patterson Street •Determination of Blight: Deemed Unsafe, Dilapidated, Economic  Dislocation, ROW in poor condition, Depreciated Value, Lack of Proper  Utilization, Reduction in Proper Utilization  •Depreciation Ratio: 0.04 •Tax lot(s):1703322307100 •Property Notes: Property has depreciated values. Building was deemed  Unsafe by Fire Marshal's Office after multiple fires and was demolished. Site is  now vacant.  •Property: #69 •Name: City‐owned Vacant Parcels, northeast corner of Broadway and  Hilyard Street •Determination of Blight: Graffiti, Trash, Vacant, Lots of irregular form  •Tax lot(s): 1703322401602, 1703322401700 •Property Notes: Properties are currently vacant with overgrown shrubbery  and garbage. Graffiti on adjacent wall. Properties are adjacent to the vacant  Motel 66 property.  •Property: #70 •Location: Intersection of Franklin Boulevard and Moss Street •Determination of Blight: Inadequate  ROW •Property Notes: Inadequate crosswalk and possible accessibility issues •Property: #71 •Location: Intersection of Villard Street and Franklin Boulevard •Determination of Blight: Inadequate  ROW •Property Notes: Damaged sidewalk, uneven surface •Property: #72 •Location: Intersection of Villard Street and Garden Avenue •Determination of Blight: Inadequate  ROW •Property Notes: Uneven sidewalk, overgrown shrubbery •Property: #73, 77, and 78 •Location: Intersection of Garden Avenue and Walnut Street •Determination of Blight: Inadequate  ROW •Property Notes: Uneven asphalt, degraded sidewalk  •Property: #74 •Location: Intersection of 8th Avenue and Hilyard Street •Determination of Blight: Inadequate  ROW •Property Notes: Garbage remaining in railroad right‐of‐way, damaged  wayfinding sign with graffiti •Property: #75 •Location: 8th Avenue and Hilyard Street, City right‐of‐way behind Motel 66,  •Determination of blight: Graffiti behind motel 66 •Property Notes: Graffiti on wall behind the Motel 66 property. Property is  vacant with overgrown shrubbery. Needs maintenance.  •Property: #76 •Location: Broadway and Mill intersection •Determination of Blight: Inadequate  ROW •Property Notes: Inadequate sidewalk accessibility (light pole in middle of  sidewalk). Unsafe and substandard road crossing.  •Property:#79 •Location: Sidewalk –Garden Avenue between Villard and Walnut  •Determination of Blight: Inadequate  ROW •Property Notes: Broken pavers, Uplifted sections. •Property: #80 •Location: Sidewalk –Both sides of Villard Street between Garden Avenue  and Franklin Boulevard  •Determination of Blight: Inadequate  ROW •Property Notes: Broken and deteriorated pavement in ROW •Property: #81 & 82 •Location: Sidewalk –Garden Ave between Moss Street and Villard Street   •Determination of Blight: Inadequate  ROW •Property Notes: Broken and deteriorated pavement in ROW •Property: #83 •Location: Sidewalk ‐North side of Franklin Blvd, near Moss Street   •Determination of Blight: Inadequate  ROW •Property Notes: Broken and deteriorated pavement in ROW •Property: #84 •Location: South side of E Broadway between Patterson and Hilyard   •Determination of Blight: Inadequate  ROW •Property Notes: Broken and deteriorated pavement in ROW •Property: #85 •Location: Both sides of Patterson St between Broadway and E 11th Ave  •Determination of Blight: Inadequate  ROW •Property Notes: Broken and deteriorated pavement in ROW •Property: #86 •Location: 444 E. Broadway •Determination of Blight: Inadequate  ROW, Graffiti on Utility Boxes in ROW •Property Notes: Above ground electrical box covered in graffiti •Property: #87 •Location: Sidewalk –West side of High Street between Broadway and 8th Ave   •Determination of Blight: Inadequate  ROW •Property Notes: Pavers uplifted by tree roots, Broken pavers •Property: #88 •Location: Sidewalk –Both sides of street of Broadway between High Alley  and High Street  •Determination of Blight: Inadequate  ROW •Property Notes: Pavers uplifted by tree roots, Broken pavers, Utility access  raised above grade •Property: #89 •Location: 975 High Street –Both sides of street •Determination of Blight: Inadequate  ROW •Property Notes: Pavers uplifted by tree roots, Broken pavers, Vegetation in  ROW Riverfront Urban Renewal Plan ‐ Blight Analysis MatrixAttachment 3                     Map IDTaxlotAddress/UseDepreciation Value (Improvement to Land Ratio)(A) Bldg unsafe or unfit to occupy: Defective design and quality of physical construction.(B) Bldg unsafe or unfit to occupy: Faulty interior arrangement and exterior spacing.(C) Bldg unsafe or unfit to occupy: Overcrowding and a high density of population.(D) Bldg unsafe or unfit to occupy: Inadequate provision for ventilation, light, sanitation, open spaces and recreation facilities.(E) Bldg unsafe or unfit to occupy: Obsolescence, deterioration, dilapidation, mixed character or shifting of uses.(b)   An   economic dislocation, deterioration   or disuse of property resulting from faulty planning.(c) The division or subdivision and sale of property or lots of irregular form and   shape and   inadequate size or dimensions for property usefulness and development.(d)  The   laying out   of property or lots   in disregard of contours, drainage and   other physical characteristics of the terrain and surrounding conditions.(e) The existence of inadequate streets and other rights of way, open spaces and utilities.(f)  The   existence of property or   lots   or   other areas that are subject to inundation by water.(g)  A prevalence of depreciated values, impaired investments and social and economic maladjustments to such an extent that the capacity to pay taxes is reduced and tax receipts are inadequate for the cost of public services rendered.(h)  A growing or total lack of proper utilization of areas, resulting in a stagnant and unproductive condition of land potentially useful and valuable for contributing to the public health, safety and welfare. (i)  A  loss  of  population and   reduction of proper utilization of the  area, resulting in  its  further deterioration  and   added  costs   to  the   taxpayer  for  the creation  of  new   public   facilities  and   services  else‐ where.Right‐of‐Way1829 Pearl St ‐ Parking Lot (City‐owned)0.05NoNoNoNoNoNoNoNoNoNoYesYesYesN1703311402100 0.0517033114022000.05217033332015001917 Franklin Blvd ‐ Auto shop0.03NoNoNoNoNoNoNoNoNoNoYesNoNoN31703322405100Franklin Blvd ‐ Parking Lot (City‐owned)0.10NoNoNoNoNoNoNoNoNoNoYesYesYesN417033332104001991 Garden Ave ‐ House0.51NoNoNoNoNoNoNoNoNoNoYesNoNoN51703322303901440 E Broadway ‐ Apartments0.73NoNoNoNoNoNoNoNoNoNoYesNoNoN61703322300300685 E Broadway ‐ Goodwill Boutique0.14NoNoNoNoNoNoNoNoNoNoYesNoNoN717033332089001824 Garden Ave ‐ House0.03NoNoNoNoNoNoNoNoNoNoYesNoNoN817033331007002115 Franklin Blvd ‐ Dutch Bros.0.06NoNoNoNoNoNoNoNoNoNoYesNoNoN9Broadway & Mill ‐ Apartments (new) 0.13NoNoNoNoNoNoNoNoNoNoYesNoNoN17033223030000.0017033223030010.1517033223030030.0117033223031000.231017033332103001973 Garden Ave ‐ Offices0.50NoNoNoNoNoNoNoNoNoNoYesNoNoN1117033332095001809 Franklin Blvd ‐ Track Town Pizza0.95NoNoNoNoNoNoNoNoNoNoYesN121703333209100Moss St & Garden Ave ‐ Parking lot0.10NoNoNoNoNoNoNoNoNoNoYesYesYesN131703322304600510 E Broadway ‐ Burrito Boy0.10NoNoNoNoNoNoNoNoNoNoYesNoNoN141703322203000Steam Plant0.23YesNo No NoYes Yes YesNo No NoYes Yes YesN1517033323022001933 Garden Ave ‐ Apartments1.39NoNoNoNoNoNoNoNoNoNoYesNoNoN161703322400101Franklin Blvd ‐ Parking Lot (City‐owned)0.05NoNoNoNoNoNoNoNoNoNoYesYesYesN171976 Garden Ave ‐ Offices1.56NoNoNoNoNoNoNoNoNoNoYesNoNoN17033332008000.8317033332008011.6917033332008021.89181703322304400996 & 998 Ferry Ln0.90NoNoNoNoNoNoNoNoNoNoYesNoNoN191703322306100950 Patterson ‐ Apartments1.13NoNoNoNoNoNoNoNoNoNoYesNoNoN201703322302400485 E Broadway ‐ Dispensary0.55NoNoNoNoNoNoNoNoNoNoYesNoNoN2117033332087011861 Franklin Blvd ‐ Pig & Turnip Restaurant0.35NoNoNoNoNoNoNoNoNoNoYesNoNoN221703322306400935 Patterson Ave ‐ Apartments0.74NoNoNoNoNoNoNoNoNoNoYesNoNoN231703322300700642 E 8th Ave ‐ Martial Arts Studio0.47NoNoNoNoNoNoNoNoNoNoYesNoNoN241703322306600652 E Broadway ‐ Manola's Thai Cuisine0.41NoNoNoNoNoNoNoNoNoNoYesNoNoN2517033332009001966 Garden Ave ‐ Offices0.56NoNoNoNoNoNoNoNoNoNoYesNoNoN261703322400102Franklin Blvd ‐ Parking Lot (UofO‐owned)0.01NoNoNoNoNoNoNoNoNoNoYesYesYesN2717033332023002025 Franklin Blvd ‐ Auto Shop0.54NoNoNoNoNoNoNoNoNoNoYesNoNoN281841 Garden Ave ‐ Apartments1.29NoNoNoNoNoNoNoNoNoNoYesNoNoN17033323011001.2817033323012001.31291883 Garden Ave ‐ Apartments0.25NoNoNoNoNoNoNoNoNoNoYesNoNoN17033323006001.2717033323008000.0017033323009000.0317033323010000.02301933 Franklin Blvd ‐ Empire Buffet0.81NoNoNoNoNoNoNoNoNoNoYesNoNoN17033332014000.1417033332016000.1017033332017000.1017033332018001.4317033332019001.50311655 Franklin Blvd ‐ Best Western2.00NoNoNoNoNoNoNoNoNoNoYesNoNoN17033214010002.8017033214009001.75321703322304200942 Ferry Ln ‐ Office0.52NoNoNoNoNoNoNoNoNoNoYesNoNoN33987 & 995 Pearl St ‐ Former Greyhound Station0.16NoNoNoNoYesNoNoNoNoNoYesYesYesN17033114083000.0617033114080000.25 Map IDTaxlotAddress/UseDepreciation Value (Improvement to Land Ratio)(A) Bldg unsafe or unfit to occupy: Defective design and quality of physical construction.(B) Bldg unsafe or unfit to occupy: Faulty interior arrangement and exterior spacing.(C) Bldg unsafe or unfit to occupy: Overcrowding and a high density of population.(D) Bldg unsafe or unfit to occupy: Inadequate provision for ventilation, light, sanitation, open spaces and recreation facilities.(E) Bldg unsafe or unfit to occupy: Obsolescence, deterioration, dilapidation, mixed character or shifting of uses.(b)   An   economic dislocation, deterioration   or disuse of property resulting from faulty planning.(c) The division or subdivision and sale of property or lots of irregular form and   shape and   inadequate size or dimensions for property usefulness and development.(d)  The   laying out   of property or lots   in disregard of contours, drainage and   other physical characteristics of the terrain and surrounding conditions.(e) The existence of inadequate streets and other rights of way, open spaces and utilities.(f)  The   existence of property or   lots   or   other areas that are subject to inundation by water.(g)  A prevalence of depreciated values, impaired investments and social and economic maladjustments to such an extent that the capacity to pay taxes is reduced and tax receipts are inadequate for the cost of public services rendered.(h)  A growing or total lack of proper utilization of areas, resulting in a stagnant and unproductive condition of land potentially useful and valuable for contributing to the public health, safety and welfare. (i)  A  loss  of  population and   reduction of proper utilization of the  area, resulting in  its  further deterioration  and   added  costs   to  the   taxpayer  for  the creation  of  new   public   facilities  and   services  else‐ where.Right‐of‐Way3417033332090001814 Garden Ave ‐ House0.16NoNoNoNoNoNoNoNoNoNoYesNoNoN351703322306200590 E Broadway ‐ 7‐111.24NoNoNoNoNoNoNoNoNoNoYesNoNoN361703322304300962 Ferry Ln ‐ House0.69NoNoNoNoNoNoNoNoNoNoYesNoNoN372091 Franklin Blvd ‐ Gas Station1.02NoNoNoNoNoNoNoNoNoNoYesNoNoN17033332025000.5617033332026002.1517033332027000.273817033214024001900 Millrace Dr ‐ UofO0.59NoNoNoNoNoNoNoNoNoNoYesNoNoN3917033332087001859 Franklin Blvd ‐ Hotel1.22NoNoNoNoNoNoNoNoNoNoYesNoNoN4017033332004002050 Garden Ave ‐ Apartments1.05NoNoNoNoNoNoNoNoNoNoYesNoNoN411901 Garden Ave ‐ Apartments0.37NoNoNoNoNoNoNoNoNoNoYesNoNoN17033323003010.6517033323004000.32421703322302100540 E 8th Ave ‐ Lane 5 Cross Fit0.72NoNoNoNoNoNoNoNoNoNoYesNoNoN431703322306700686 E Broadway ‐ Elk Horn Brewery0.89NoNoNoNoNoNoNoNoNoNoYesNoNoN441703322303601399 E 10th Ave ‐ Hult Plaza Offices0.25NoNoNoNoNoNoNoNoNoNoYesNoNoN451715 Franklin Blvd ‐ Offices1.65NoNoNoNoNoNoNoNoNoNoYesNoNoN17033214003000.0217033214004000.5117033214005002.9617033214006001.71461703322306601610 E Broadway ‐ Chula's Restaurant0.81NoNoNoNoNoNoNoNoNoNoYesNoNoN47502 E 4th Ave ‐ City Hall5.99NoNoNoNoNoNoYesNoNoNoNoYesYesN17032933029005.7517033222001009.9517032933027000.0317032933029011.48481703322307300978 Hilyard St ‐ Apartments0.85NoNoNoNoNoNoNoNoNoNoYesNoNoN491703322304100490 E Broadway ‐ Moi Poki1.62NoNoNoNoNoNoNoNoNoNoYesNoNoN50Garden Ave & Villard St ‐ Parking Lot0.15NoNoNoNoNoNoNoNoNoNoYesNoNoN5017033332010000.145017033332012000.165017033332013000.16511703322301200600 ‐ 610 E 8th Ave ‐ Apartments0.19NoNoNoNoNoNoNoNoNoNoYesNoNoN5217033332086001895 Franklin Blvd ‐ Starbucks0.63NoNoNoNoNoNoNoNoNoNoYesNoNoN5317033332088001840 Garden Ave ‐ Apartments0.32NoNoNoNoNoNoNoNoNoNoYesNoNoN5417033323017001805 Garden Ave ‐ Apartments 0.80NoNoNoNoNoNoNoNoNoNoYesNoNoN551703322304900540 E Broadway ‐ Travelers Inn1.55NoNoNoNoNoNoNoNoNoNoYesNoNoN56755 E Broadway ‐ Former Motel 660.43NoNoNoNoYesYesNoNoNoNoYesNoNoN17033224016000.4017033224016010.44571703322200803777 Annie Mims Ln ‐ EWEB Substation0.11NoNoNoNoNoNoNoNoNoNoYesNoNoN581703322304700963 Ferry Ln ‐ Apartments0.00NoNoNoNoNoNoNoNoNoNoYesNoNoN5917033214007001675 Franklin Blvd ‐ Wild Goat0.22NoNoNoNoNoNoNoNoNoNoYesNoNoN6017033332024002045 Franklin Blvd ‐ Auto Shop ‐ Dispensary0.87NoNoNoNoNoNoNoNoNoNoYesNoNoN611703322307100967 Patterson St ‐ Vacant Lot0.04YesNo No NoYes YesNo NoYesNoYes Yes YesN6217033332102001953 Garden Ave ‐ Apartments1.00NoNoNoNoNoNoNoNoNoNoYesNoNoN631703311407900957 Pearl St ‐ Eugene Asian Market1.77NoNoNoNoNoNoNoNoNoNoYesNoNoN641703322301500579 E Broadway ‐ Pizza Hut1.37NoNoNoNoNoNoNoNoNoNoYesNoNoN6517033332020002001 Franklin Blvd ‐ Retail0.64NoNoNoNoNoNoNoNoNoNoYesNoNoN66313 E 8th Ave, 797 & 795 High St ‐ Apartments1.07NoNoNoNoNoNoNoNoNoNoYesNoNoN6617033111129002.036617033111130001.076717033332085001884 Garden Ave ‐ Apartments1.08NoNoNoNoNoNoNoNoNoNoYesNoNoN6817033323002001923 Garden Ave ‐ Apartments0.89NoNoNoNoNoNoNoNoNoNoYesNoNoN69Broadway & Hilyard ‐ Vacant lot 0.00NoNoNoNoNoNoNoNoNoNoYesNoNoN17033224016020.0017033224017000.00 Map IDTaxlotAddress/UseDepreciation Value (Improvement to Land Ratio)(A) Bldg unsafe or unfit to occupy: Defective design and quality of physical construction.(B) Bldg unsafe or unfit to occupy: Faulty interior arrangement and exterior spacing.(C) Bldg unsafe or unfit to occupy: Overcrowding and a high density of population.(D) Bldg unsafe or unfit to occupy: Inadequate provision for ventilation, light, sanitation, open spaces and recreation facilities.(E) Bldg unsafe or unfit to occupy: Obsolescence, deterioration, dilapidation, mixed character or shifting of uses.(b)   An   economic dislocation, deterioration   or disuse of property resulting from faulty planning.(c) The division or subdivision and sale of property or lots of irregular form and   shape and   inadequate size or dimensions for property usefulness and development.(d)  The   laying out   of property or lots   in disregard of contours, drainage and   other physical characteristics of the terrain and surrounding conditions.(e) The existence of inadequate streets and other rights of way, open spaces and utilities.(f)  The   existence of property or   lots   or   other areas that are subject to inundation by water.(g)  A prevalence of depreciated values, impaired investments and social and economic maladjustments to such an extent that the capacity to pay taxes is reduced and tax receipts are inadequate for the cost of public services rendered.(h)  A growing or total lack of proper utilization of areas, resulting in a stagnant and unproductive condition of land potentially useful and valuable for contributing to the public health, safety and welfare. (i)  A  loss  of  population and   reduction of proper utilization of the  area, resulting in  its  further deterioration  and   added  costs   to  the   taxpayer  for  the creation  of  new   public   facilities  and   services  else‐ where.Right‐of‐Way70n/a Sidewalk: Poor ‐ Moss St & Franklin BlvdNoNoNoNoNoNoNoNoYesNoNoNoNoY71n/a Sidewalk: Poor ‐ Villard St & Franklin BlvdNoNoNoNoNoNoNoNoYesNoNoNoNoY72n/a Sidewalk: Poor ‐ Villard St & Garden AveNoNoNoNoNoNoNoNoYesNoNoNoNoY73n/a Sidewalk: Poor ‐ Garden & WalnutNoNoNoNoNoNoNoNoYesNoNoNoNoY74n/a Inadequate Intersection & Graffiti ‐ 8th & HilyardNoNoNoNoNoNoNoNoYesNoNoNoNoY75n/a Graffiti behind Motel 66NoNoNoNoNoNoNoNoYesNoNoNoNoY76n/a Intersection ‐ Broadway & MillNoNoNoNoNoNoNoNoYesNoNoNoNoY77n/a Sidewalk: Poor ‐ Garden Ave & Walnut StNoNoNoNoNoNoNoNoYesNoNoNoNoY78n/a Sidewalk: Poor ‐ Walnut StNoNoNoNoNoNoNoNoYesNoNoNoNoY79n/a Sidewalk: Poor ‐ Walnut StNoNoNoNoNoNoNoNoYesNoNoNoNoY80n/a Sidewalk: Poor ‐ Villard St NoNoNoNoNoNoNoNoYesNoNoNoNoY81n/a Sidewalk: Poor ‐ Garden AveNoNoNoNoNoNoNoNoYesNoNoNoNoY82n/a Sidewalk: Critical ‐ Garden AveNoNoNoNoNoNoNoNoYesNoNoNoNoY83n/a Sidewalk: Poor ‐ Franklin BlvdNoNoNoNoNoNoNoNoYesNoNoNoNoY84n/a Sidewalk: Poor ‐ E BroadwayNoNoNoNoNoNoNoNoYesNoNoNoNoY85n/a Sidewalk: Poor ‐ Patterson StNoNoNoNoNoNoNoNoYesNoNoNoNoY86n/a Graffiti ‐ E Broadway on Utilty in ROWNoNoNoNoNoNoNoNoYesNoNoNoNoY87n/a Sidewalk: Critical ‐ High StNoNoNoNoNoNoNoNoYesNoNoNoNoY88n/a Sidewalk: Poor ‐ NW corner of High St & E BroadwayNoNoNoNoNoNoNoNoYesNoNoNoNoY89n/a Sidewalk: Critical ‐ Across from 975 High StNoNoNoNoNoNoNoNoYesNoNoNoNoY