Green in Eugene

1
Green in Eugene

• Introduction
• Options
• Recommendation
• Conclusion

2
Introduction

• Problem
• 1500 acres of wetlands were discovered west
  of Eugene, Oregon. A third of which is located
  on the planned site for industrial development
  Spectra-Physics

3
Options

• Move back to California
• Fight the EPA
• Donate to Eugenes Preservation fund
• Build on east side of Eugene

4
Options1 Move back to California

• Pros
• Could sale Property
• Avoid Mitigation and legal fees
• Closer to Central Offices

• Cons
• Cost of Moving 5,000,000
• Sunk cost 10,000,000
• Cost of Real estate

5
Options2 Fight the E.P.A.

• Pros
• Could finish Phase-III as planned
• Avoid cost of moving
• Avoid punishment for illegal fills
• Competitive Edge

• Cons
• Court Fees 6,000,000
• Could lose costly legal battle
• Cost of mitigation and permitting 500,000
• Time Lost.

6
Options3 Donate to Eugenes Preservation fund

• Pros
• Tax advantages
• Good reputation
• Flexibility to expand

• Cons
• Time loss
• Cost of Acreage
• Total cost 360,000

7
Options4 Build on east side of Eugene

• Pros
• Avoid confrontation on wetlands issue
• Cost less than moving back to California

• Con
• Purchase new land
• Provide transportation for employees
• Cost of New building plans

8
Recommendation Option 3 Donate to Eugenes
Preservation fund
9
Option 3Cost, Time, and Benefits

• Cost
• 12 acres 30,000 360,000
• Time
• Waiting period will be 45 days
• Benefits
• Completion of Phase III
• Avoid cost of moving and legal fees
• Tax advantage
• Positive Environmental Reputation

10
Conclusion

• Problem
• Options
• Recommendation
• Questions?