PUBLIC COMMENT - DAN TERRELL & BILL KLOOS ON BEHALF OF HBA (1-4-17)

I "The findings of the Regional Economic Analysis for Coburg 2 culminate in two recommended scenarios which are outlined as 3 follows: 4 "Scenario A - Job Recapture with OED Forecast Update. This first 5 scenario is modeled to align with the forecast methodology 6 provided with the 2010 Urbanization Study. Assumptions integral 7 to this updated forecast estimate are that: 8 "Coburg job loss experienced during the recession will be 9 recaptured (to refill vacated space) so that forecast job 10 growth occurs as an add-on to pre-recession peak 11 employment conditions requiring net added industrial and 12 commercial land as was previously assumed with the 2010 13 Urbanization Study. 14 "Lane County employment forecast projections are updated 15 for consistency with the most current available OED 16 regional forecast - reflecting higher county-wide job growth 17 rates than were utilized with the 2010 Urbanization Study 18 (as is also consistent with DLCD Safe Harbor provisions for 19 estimating EOA land needs). 20 "Scenario B - Economic Opportunity with Regional Large Site 21 Market Capture. A second scenario is predicated as an economic 22 opportunity for Coburg to serve regional needs for large 20+ acre 23 sites that require I-5 freeway access in addition to capturing its 24 Safe Harbor share of regionally forecast job growth: 25 "This enhanced economic opportunity is consistent with the 26 findings of the 2010 Urbanization Study that Coburg has 27 been, and could remain, competitive for large manufacturing 28 and distribution-related industrial firms, particularly if 20+ 29 acre sites were designated and made available for industrial 30 development. 31 "Coburg's competitive opportunity is reinforced by 32 economic analyses recently prepared for other jurisdictions 33 in Lane County - all of which confirm a demand for but Page 50