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AGREEMENT <br />This agreement is between the CITY OF EUGENE, an Oregon Municipal <br />Corporation (City) and the RIVER ROAD PARK AND RECREATION DISTRICT, an Oregon <br />Municipal Corporation (District). <br />RECITALS <br />A. This Agreement is executed pursuant to the authority conferred by <br />ORS 190.003 et seq <br />B. Under Oregon land use law, the City has a duty to coordinate its <br />consideration of annexations with other affected governmental entities. This <br />Agreement represents the results of those coordination efforts by the City <br />with the District. The District is satisfied that this Agreement represents <br />sufficient coordination and will not object to future annexations of property <br />in the District to the City of Eugene on the basis of lack of coordination. <br />C. The City has a policy of allowing requested and voluntary <br />annexations to its corporate limits for property located in the River Road/ <br />Santa Clara area, some of which property is now within the boundaries of the <br />District. All parties hereto desire the continuation of the District. The <br />purpose of this Agreement is to supplement the revenues of the District with <br />those property taxes lost in the District due to annexations to the City of <br />Eugene.. <br />AGREEMENT - -1 <br />