09/18/1985 Meeting (2) - Laserfiche WebLink

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Mayor Obie discussed ways of using revenue so that the reduction in 25 years e would not be disastrous. He thought the reduction would appeal to voters. Discussing the reduction, Mr. Holmer and Ms. Wooten said a reduction in 25 years will not affect the vote. Mr. Hansen thought the tax should be reduced when the airport and 1 ibrary are paid for. Ms. Ehrman said a reduction in the income tax was not brought up by her constituents. It wa s not a pri ori ty. Ms. Schue did not think a 1/4 reduction in 25 years would influence many people now. Ms. Bascom said people in this community are used to approving revenues for specific projects. She favored a reduction when the airport and library are built. The amendment failed, 3:5. Ms. Bascom, Mr. Miller, and Mr. Hansen voted for it. Ms. Wooten, Mr. Rutan, Ms. Ehrman, Ms. Schue, and Mr. Holmer voted against it. Mr. Holmer moved, and Mr. Rutan seconded, to amend the motion to delete the dedication to capital improvements. Mr. Holmer discussed the relationship between operating and capital expenses. He noted the library expansion will increase the operating expenses. Ms. Ehrman and Ms. Schue did not think the voters will approve an income tax e that is not dedicated to specific projects. Ms. Schue said she agreed with Mr. Holmer philosophically. Mr. Miller favored dedicated funds. The amendment failed, 1:7. Mr. Holmer voted for it. The motion carried unanimously, 8:0. Mayor Obie said the airport and the library should be included in the ballot measure. Discussing the charter amendment authorizing revenue bonds, Ms. Ehrman sug- gested the authorization be presented to the voters after the vote on the income tax. Mr. Gleason said the council may decide to use a different bond- ing method for each project. Ms. Schue agreed with Ms. Ehrman. Ms. Wooten did not want to submit a bonding authority for each project to the voters. Mr. Wong and Mr. Sercombe discussed various ways of presenting the amendments. Ms. Wooten moved, and Mr. Hansen, to hold a public hearing on Monday, September 23, 1985, on a charter amendment authorizing revenue bonds as well as a charter amendment limiting income tax rate and dedicating revenues. -