Exhibit “B”
REPORT ON THE EIGHTH AMENDMENT
TO THE
CENTRAL EASTSIDE URBAN RENEWAL PLAN
City of Portland, Oregon
Portland Development Commission
March 14, 2001
Chapter I -- Introduction
The Eighth amendment to the Central Eastside Urban Renewal Plan makes the following changes to the Plan:
• Add one property to the list properties to be acquired pursuant to Section 602 C of the Renewal Plan. The property is to be acquired for development by the private sector.
The Central Eastside Urban Renewal Plan (“Plan”) was adopted by City Council on August 27, 1986. The Plan noted, “It is anticipated that this Plan will be changed or modified form time to time or amended as development potential and conditions warrant, as planning studies are completed, as financing becomes available, or as local needs dictate.” Subsequent to adoption of the Plan, additional planning work has been completed and additional changes in conditions have occurred, warranting an Amendment to the Plan.
ORS 457.085(3) required that an urban renewal plan amendment, which is a significant change requiring a substantial amendment to the plan, be accompanied by a report which describes:
A. A description of physical, social and economic conditions in the urban renewal areas of the plan, and the expected impact, including the fiscal impact, of the plan [or changed] in light of the added services or increased population;
B. Reasons for selection of each urban renewal area in the plan;
C. The relationship between each project to be undertaken and the existing conditions in the urban renewal area;
D. The estimated total cost of each project and sources of monies to pay such costs;
E. The anticipated completion date for each project;
F. A relocation report which shall include;
1. An analysis of existing residents or businesses required to relocate permanently or temporarily as a result of agency actions, under ORS 457.170;
2. A description of the methods to be used for the temporary or permanent relocation of persons living in, and businesses situated in the urban ‘renewal area in accordance with ORS 285.045 -.105; and
3. An enumeration, by cost range, of the existing housing units in the urban renewal areas of the plan which are to be destroyed or altered, and of the new units to be added.
This report will address each of the required information categories.
Chapter II – A Description of Physical, Social and Economic Conditions in the Urban Renewal Areas
This Plan Amendment does not change the analysis of the physical, social and economic conditions in the urban renewal area contained in the original Report on the Plan.
The following is a summary of specific conditions found within the property acquisition site area:
1. Land area:
Block 106, Lot 8: This property consists of one tax lot containing 3, 150
square feet.
2. Existing land use and zoning:
The parcel is zoned Exd, Central Employment zone with a design review overlay.
3. Condition of Building and dwelling units:
There are no dwelling units on this parcel. The property consists of a multi-tenant 3,150 square foot single story building. The overall condition of the building is deteriorating. It was formerly a three-story aracded building constructed in 1903. A fire in the past 30 years caused the two upper stories and the arcade to be removed.
4. Condition of Public Infrastructure
All public facilities and services are available at the site.
5. Environmental Conditions
A Level 1 Environmental Assessment has been conducted on the entire Block 106 and no environmental conditions were found. Additional studies will be conducted prior to acquisition.
6. Economic Conditions
The aggregate value of the land is estimated to be $67,320 and the value of the improvements is $152,040.
Chapter III – The Expected Impact, Including the Fiscal Impact of the Plan Amendment in Light of Added Services or Increased Population
This Plan Amendment will not create a need for added services and will not increase population within the plan area. This Plan Amendment, therefore, will not change any elements of the analysis in the original Report accompanying the Plan.
Chapter IV – Reasons for Selection of Each Urban Renewal Area in the Plan Amendment
This Plan Amendment does not affect the area of the Central Eastside Urban Renewal Area, nor does it affect the purpose and objective of the Plan.
Chapter V – The Relationship between Each Project to be Undertaken under the Plan Amendment and the Existing Conditions in the Urban Renewal Area.
“Project” is a defined term in ORS Chapter 457. It includes both single-site activities and implementation of programs necessary to achieve the goals of the urban renewal plan.
This Plan Amendment adds one (1) property to the list of properties to be acquired for private redevelopment. Acquisition of property for private redevelopment is authorized in Section 602C of the Central Eastside Urban Renewal Plan. Property acquisition and redevelopment is intended to correct the deficiencies described in Chapter II of the original Report on the Plan.
Chapter VI – The Estimated Total Cost of each Project or Activity and It’s Anticipated Completion Date
The property acquisitions authorized in the Amendment will be carried out within the $66,274,00 maximum indebtedness for the Plan. All acquisition authorized by this Amendment will be concluded by the termination date of the Plan, and property dispositions will be completed as soon as reasonably possible after acquisition, in order to accomplish the goals of the Plan.
Chapter VII – The Estimated Amount of Money Required Under ORS457.420 to 457.440 and The Anticipated Year in which Indebtedness will be Retired or Otherwise Provided for Under ORS457.440
This Plan Amendment does not affect the maximum indebtedness for the Plan, or the anticipated year in which indebtedness will be retired.
Chapter VIII – Financial Analysis of the Plan with Sufficient Information to Determine Feasibility
This Amendment does not change the financial analysis of the Plan under the Fifth Amendment, incorporated herein by this reference, since all property acquisition will be completed within the maximum indebtedness allowed under the Plan.
Chapter IX- Relocation Report
A. An Analysis of Existing Residents or Businesses Required to Relocate Permanently or Temporarily As a Result of Development Commission Action Under ORS 457.170
The acquisition authorized in this amendment will require the relocation of two businesses. The businesses are a restaurant and an office housing a youth service organization. Neither the type of business uses, nor the type of property the businesses occupy should pose an obstacle to the relocation of the businesses. No residential relocations will result from this Plan Amendment.
B. A Description of the Methods To Be Used For Temporary or Permanent Relocation of Persons Living In and Businesses Situated in the Renewal Area In Accordance with ORS 281.045 through 282.105
The Portland Development Commission has adopted a Relocation Policy that conforms to the requirements of ORS 281.045 through 282.105 and maintains information in its office relating to the relocation program and procedures, including eligibility for and amounts of relocation payments, services available and other relevant matters. This Relocation Policy will apply to all persons and businesses required to relocate by the acquisition authorized in this amendment.
C. An Enumeration by Cost Range of the Existing Housing Units in the Renewal Area of the Plan to be Eliminated or Altered, and New Unites to Be Added.
No existing housing units are proposed to be eliminated, or added by this Plan Amendment.
Central Eastside Urban Renewal Plan
Proposed Plan text language
Section 602C- the Eighth Amendment to the Central Eastside Urban Renewal Plan amends section 602C of the Plan to add a property to the list of real property which may be acquired by the Portland Development Commission. New text is shown in underline.
Section 602- Property Acquisition and Redevelopment
D. Land Acquisition by Urban Renewal Plan Amendments – Land acquisition other than specifically listed in Section D shall be accompanied by the following procedures for amending this Plan as set forth in Section 900 of this Plan.
Assembling land for development by the private sector
Real property that may be acquired by the Portland Development Commission is shown on the Central Eastside Property Acquisition Map, (Exhibit 3, and 4). Parcels shown on the property acquisition map are as follows:
Parcel Intended Use
6. Exhibit 4 (Block 106*- lot 8 :George parcel) redevelopment
commercial/retail uses
*Block 106 is identified in the Lower Burnside Redevelopment Plan as the Block bounded by SE Ankeny Street, SE Martin Luther King Jr. Boulevard, East Burnside Street and SE Grand Avenue