Resolution No. 4932 - Laserfiche WebLink

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operating deficits in the Road Fund operations and maintenance activities and to provide funding for the $170 million backlog of unfunded street repair projects. F. On May 29, 2007, the City Council approved Ordinance No. 20384, which increased the motor vehicle fuel dealer's license tax by three cents per gallon and repealed the sunset provision contained in Section 3 of Ordinance No. 20337. This ordinance was subject to a referendum petition, and the Council subsequently repealed Ordinance No. 20384. In lieu of that ordinance, the Council submitted to the electors of the City a measure to increase the motor vehicle fuel dealer's business license tax by three cents per gallon. G. At the election held on November 6, 2007, the electors of the City rejected the measure to increase the motor vehicle fuel dealer's business license tax by three cents per gallon. H. On January 28, 2008, the City Council adopted Ordinance No. 20401, which extends by three years the sunset provision in Section 3 of Ordinance No. 20337, so that the motor vehicle fuel dealer's business license tax as set forth in Section 3.467(b) of the Eugene Code, 1971 would remain at five cents per gallon until February 28,2011. I. On February 27, 2008, referendum petitioners submitted over 11,000 signatures to the City Recorder. The City Recorder has forwarded the signatures to Lane County Elections to determine whether the requisite number of valid signatures was submitted in order to refer Ordinance No. 20401 to the electors. J. If Lane County certifies that the requIsIte number of valid signatures was submitted, then an election on Ordinance No. 20401 would be held at the September 2008 election unless the City Council refers the Ordinance to an earlier election. The City Council finds it would be in the public interest to have the vote occur in May 2008, rather than September, 2008. NOW, THEREFORE, based upon the above findings, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF EUGENE, a Municipal Corporation of the State of Oregon, as follows: Section 1. If the requisite number of valid signatures referenced in the above findings were submitted, then a city election is called for the purpose of referring to the legal electors of the City of Eugene Ordinance No. 20401 amending section 3 of Ordinance No. 20337, to read as follows: "Section 3 of Ordinance No. 20337 (the sunset provision) adopted by the City Council on January 24, 2005, is hereby amended to read: "Unless otherwise extended by the City Council, the amendment to Subsection (b) of Section 3.467 shall sunset on February 28, 2011, and the tax will revert to three cents per gallon." "A copy of this Ordinance shall be appended to Ordinance No. 20337." Resolution - Page 2 of 3