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EXHIBIT 4 <br /> RIGHT OF FIRST REFUSAL <br /> DATE: ("EFFECTIVE DATE") <br /> PARTIES: CITY OF EUGENE ("CITY") <br /> ROBERT AND LESLIE QLTINNEY, OR ASSIGNS ("GRANTEE") <br /> RECITALS:. <br /> A. CITY OWNS A CERTAIN PARCEL OF REAL PROPERTY LOCATED IN <br /> <br /> . LANE COUNTY, OREGON, AS DESCRIBED IN EXIiIBIZ' A ATTACHED HERETO. AND <br /> MADE A PART OF THIS AGREEMENT (THE "CITY PARK"). <br /> B. CITY HEREBY GRANTS TO GRANTEE THE RIGHT TO PURCHASE THE <br /> CITY PARK BEFORE SELLING THE CITY PARK TO A THIlZD PARTY. CITY AND <br /> GRANTEE DESIRE TO EVIDENCE THEIR AGREEMENT REGARDING THIS PURCHASE <br /> RIGHT. <br /> AGREEMENTS: <br /> THEREFORE, IN CONSIDERATION OF AN EXCHANGE AGREEMENT <br /> BETWEEN THE PARTIES OF EVEN DATE AND OTI~R GOOD AND VALUABLE <br /> CONSIDERATION TO CITY, THE RECEIPT AND SUFFICIENCY OF WHICH IS HERE <br /> ACKNOWLEDGED, CITY AND GRANTEE AGREE AS FOLLOWS: <br /> 1. RIGHT OF FIRST. REFUSAL.. CITY AGREES, NOT TO SELL, TRANSFER, <br /> EXCHANGE, GRANT AN OPTION-TO PURCHASE, LEASE FOR OTHER THAN PARK <br /> PURPOSES, OR OTHERWISE DISPOSE OF THE CITY PARK, OR ANY PART OF TIC <br /> CITY PARK OR ANY INTEREST IN THE CITY PARK, OR CHANGE THE USE OF THE <br /> CITY PARK TO.OTHER THAN A CITY PARK, WITHOUT FIIZST OFFERING THE CITY <br /> PARK TO GRANTEE ON THE TERMS AND CONDITIONS SET FORTH IN THIS <br /> AGREEMENT. AS USED IN THIS AGREEMENT, THE TERM SELL INCLUDES A <br /> `GROUND LEASE OF THE CITY PARK FOR OTHER THAN PARK PURPOSES. . <br /> 1.1 WHEN CITY RECEIVES FROM A THIlZD PARTY (THE `"THIlZD- <br /> PARTY OFFEROR") A BONA FIDE OFFER TO PURCHASE THE CITY PARK, OR A <br /> PART OF IT, OR AN INTEREST IN IT, CITY SHALL GIVE GRANTEE WRITTEN NOTICE <br /> (THE "NOTICE") OF THE PRICE, TERMS, AND CONDITIONS OF THE OFFER AND <br /> DELIVER A COPY OF THE EXECUTED CONTRACT EVIDENCING THE OFFER (THE <br /> "OFFER") TO GRANTEE. <br /> PAGE 1 EXHIBIT 4 RIGHT OF FIRST REFUSAL 4/12/2006 <br /> <br />