06/03/1985 Meeting - Laserfiche WebLink

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e ..--e - M I NUT E S Eugene City Council Capital Project/Revenue Work Session McNutt Room--City Hall June 3, 1985 5:30 p.m. COUNCILORS PRESENT: Cynthia Wooten, Richard Hansen, Emily Schue, Freeman Holmer, Debra Ehrman, Ruth Bascom, Jeff Miller, Roger Rutan Mayor Brian Obie called the work session to order. He announced that the Department of Fire and Emergency Medical Services had received an award dis- tinguishing the program as the best in the country. City Manager Micheal Gleason proposed an opportunity before City Council to recognize the depart- ment. Mayor Obie said the Conference of Mayors, scheduled for late June in Ancho- rage, Alaska, planned to honor Eugene for its youth employment programs. Ms. Ehrman accepted an invitation to travel to Anchorage to accept the award for the city. Mayor Obie handed out copies of a front-page article on Eugene from The Wall Street Journal of June 3, 1985. The article is entitled "Lost Innocence." I. RESPONSES TO FOLLOW-UP ITEMS FROM THE MAY 20 WORK SESSION Finance Director Warren Wong introduced the item. Assistant City Manager Dave Whitlow delivered the staff report. He referred to the agenda packet memo- randum entitl ed "Fi nanci al Data. II The tabl es ill ustrate the Eugene Agenda projected capital costs by project, and include costs for the proposed swim- ming pool and the library. Page 9 shows projected income streams from a one percent income tax and a one-percent employee payroll tax. Page 10 compares the projected tax increment revenue streams without the passage of the sales tax and with the passage of the sales tax. Mr. Whitlow promised to have the requested comparison of per capita expendi- tures and major revenue sources of comparable Oregon and Washington cities by the next meeting. Answering auestions from councilors, he said this informa- tion would provide a clear picture of the tax load of an average Eugenean com- pared to citizens of similar cities in the northwest. A packet memorandum entitled "Tax Increment Financing" gives a good surrmary of how this particular revenue approach works. Regarding distribution of costs for Eugene Agenda projects, Mr. Whitlow said that staff recommended moving the more expensive projects further out in order to even out the cash flow. Responding to auestions, he said "cost" referred to the annual net cost. MINUTES--Eugene City Council Work Session June 3, 1985 Page 1