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<br />after the auction company’s commission and required legal publication, revenue was approximately <br />$1,300. (This does not include the additional expense of EPD staff time processing the items for sale.) <br /> <br />One typical legal publication costs the Police Department approximately $500, depending upon the <br />number of items listed. A reduction in cost will depend upon the quantity of stored items being listed <br />and the frequency of notices posted in the newspaper. Using the department’s average of eight Finding <br />Notice publications in a year, annual savings would be approximately $12,000; a 75 percent reduction of <br />cost over current expenditures. <br /> <br /> Finding Notice Publication Finding Notice Publication <br />Current Cost with Cost with Ordinance Change <br />Four Required Publications One Required Publication <br /> <br />$ 500 Average cost per publication in $ 500 Average cost of one publication in <br />newspaper newspaper <br /> <br />$2,000 Total - four consecutive $ 500 Total – one publication <br />publications <br /> <br /> <br />RELATED CITY POLICIES <br />The City has previously maintained consistency between provisions of the Eugene Code and relevant <br />state statutes. <br /> <br /> <br />COUNCIL OPTIONS <br /> <br />No formal action is required as this is a public hearing. Council action is scheduled for October 25, <br />2010. <br /> <br /> <br />CITY MANAGER’S RECOMMENDATION <br /> <br />This item is scheduled for public hearing only. No action is required at this time. <br /> <br /> <br />SUGGESTED MOTION <br /> <br />No motion is proposed for the public hearing. <br /> <br /> <br />ATTACHMENTS <br /> <br />A. Proposed Ordinance Amendment to Section 2.835 of Eugene Code <br /> <br /> <br />FOR MORE INFORMATION <br /> <br />Staff Contact: Chuck Tilby, Captain Investigations Division <br />Telephone: 541-682-5114 <br />Staff E-Mail: chuck.r.tilby@ci.eugene.or.us <br /> <br /> Z:\CMO\2010 Council Agendas\M101018\S1010181.doc <br />