New Search
What a e the likely impacts of this project and how would these be <br /> manage ? <br /> --When it pens its Eugene plant, Hyundai will be a significant consumer of electricity and <br /> water. E gene Water and Electric Board officials state that capacity exists which exceeds <br /> Hyundai' needs and EWEB welcomes the opportunity to serve the new customer. <br /> I <br /> -The 'cular type of <br /> manufacturing which will be conducted on the site may result in a <br /> signific increase in waste water which must be treated State Departriient of <br /> Envuon tat Quality (DEQ) regulations require that Hyundai treat its own waste water on <br /> site actor 'ng to state standards. <br /> --The job ppomuairies created may attract individuals or <br /> families to moue to Eugene, <br /> placing re impact on public safety and other general City services. Plans for <br /> improve ents to EMS/Fire service (fire redeployment plan) and Police service (community <br /> policing) being pursued by the City Council; the Bailey Hill fire station will be <br /> operatic in early 1996. <br /> --The lot ion of <br /> a significant employer in west Eugene would place increased demand on <br /> the trans nation system. The transportation system to handle traffic generated by an <br /> increase i employment in west Eugene would be designed to use West 11th Avenue and/or <br /> the West gene Parkway and Willow Creek Road, all of which are or will be scheduled for <br /> improve ents in the next two years. <br /> --The site on which Hyundai proposes to build includes wetlands. The Willow Creek <br /> pmpe~rty wners will mitigate the impact of this development on wetlands, in accordance <br /> ~ with f and state guidelines, partially on site and through payments to the mitigation <br /> bank es lisped by the City of Eugene. <br /> What a e the Enterprise Zone tax exemption benefits'? <br /> f Eligible usinesses expanding or relocating to the enterprise zone can receive a 100%, three- <br /> year exe ption on new investments occumng within the zone. The total investment must be <br /> at least $ ,000. The exemption is limited to new investment; anything on current tax rolls, <br /> including land, is not eligible. <br /> Hyundai ould pay property taxes, estimated at $34,000 on the land. Property taxes on <br /> new Dons ction and equipment would be deferred for three years if the exemption benefit <br /> is grant by the State of Oregon. Using the 1994-95 tax rate, total property taxes on $ I.3 <br /> billion o assessed valuation would be approximately $20,000,000. <br /> i <br /> 3 <br /> <br /> I <br /> <br />