Members urge clearer funding structure as Eugene Hotel proposal would use large share of RDA funds
Board members agreed the Eugene Hotel restoration could have substantial downtown impact but urged the RDA to establish clearer criteria and a structure for future large projects after this proposal will substantially reduce available funds.
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Board members discussed the broader implications of supporting a large-scale private restoration project with RDA funds, saying the Eugene Hotel could spur downtown investment but noting it differs from prior curb-appeal and housing-improvement grants.
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