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<br />e <br /> <br />II. APPOINTMENTS: MAYOR'S NOMINATIONS TO THE CITIZEN COMMITTEE ON <br />MAYOR/COUNCIL COMPENSATION <br /> <br />Mayor Miller presented his nominations for appointments to the Citizen <br />Committee on Mayor/Council Compensation, which has been directed to study <br />whether the Mayor and City Councilors should be compensated and, if so, to <br />determine what the compensation should be. <br /> <br />Mr. Rutan moved, seconded by Ms. Schue, to approve the <br />following nominations to the Citizen committee on <br />Mayor/Council Compensation: <br /> <br />- <br /> <br />Carolyn Dozois, 2310 Adams...... ..........(at-large position) <br />Jan Gund, 1670 Lorane Highway.............(at-large position) <br />Phil Kessinger, 2215 Cal Young Road.......(at-large position) <br />Robert Adair, 3464 Bardell Street.........(business community) <br />George Platt, 2667 Fairmount Boulevard....(University of <br />Oregon) <br />Gretchen Miller, 1036 Adams Street....... .(former Eugene City <br />Councilor) <br />Betty Smith-Olson, 302 Spyglass Drive.....(former Eugene City <br />Councilor) <br />Ed Cone, 2310 Olive Street................(former Eugene <br />Mayor) <br />Gus Keller, 1125 East 23rd Avenue.........(former Eugene <br />Mayor) <br /> <br />Roll call vote; the motion carried unanimously, 6:0. <br /> <br />III. RESOLUTION TO AWARD SALE OF BANCROFT BONDS <br /> <br />City Manager Mike Gleason introduced the topic. Warren Wong, Finance <br />Division, reported that bids were opened at 10 a.m. in Portland and eight <br />bids were received. The low bid was from US National Bank, for 6.49 percent. <br />Mr. Wong said this is an AA-rated General Obligation Bond. <br /> <br />Res. No. 4122--A resolution accepting a bid for the purchase <br />of Eugene, Oregon, General Obligation <br />Improvement Bonds, Series 1989-L, and <br />directing delivery and sale thereof. <br /> <br />Mr. Rutan moved, seconded by Ms. Schue, to adopt the <br />resolution. <br /> <br />Mr. Holmer announced his intention to abstain from voting. The resolution <br />stated that "Whereas, several bids having been received and considered, <br />copies of each of which are attached hereto, and the council deems it <br />desirable that the responsible bidder offering to purchase said bonds at the <br /> <br />e <br /> <br />MINUTES--Eugene City Council <br /> <br />May 31, 1989 <br /> <br />Page 3 <br />