Admin Order 58-12-07-F - Laserfiche WebLink

Home Browse Search

due the City (except for deferred assessments). Section 2.023 of the Eugene Code, 1971, authorizes the City Manager to charge less than the established 18% interest rate, upon making certain findings. In support of my reduction of the 18% interest rate to zero interest, I find as follows: 1. The interest revenue collected exceeds the full cost of managing the amounts due the city including the city's costs of retiring any debt incurred by the city; 2. There will be no significant loss of city general revenues as a result of the reduction; and All similarly situated obligors of the city will receive a comparable benefit from the reduction. F. The proposed amendments, along with the current fee, were set out in the Notice attached as Exhibit A to Administrative Order No. 58- 12 -07. The Notice stated that written comments would be received for a period of 15 days from the date of posting and publication. The Notice was provided to the Mayor and City Councilors, and made available for inspection by interested persons at City Hall, 777 Pearl Street, Room 105, Eugene, Oregon, during normal business hours. A copy of the Notice was also posted at two locations at City Hall and published in the Register -Guard newspaper on May 14, 2012. No written comments were received within the time or in the manner provided in the Notice. G. I find that the proposed fees set forth in Exhibit A have been computed in a manner consistent with the requirements of the City's agreement with ODSL and USACOE, and are necessary in order to provide a sustainable budget for the wetland mitigation program. In determining the proposed fee, I have considered the applicable policies, enactments and directives of the City Council, the amount charged for these services by the City in the past, the full costs of providing the services supported by the fee, the amounts charged by other comparable providers, and the revenue needs of the City as determined by the adopted City budget. On the basis of these findings, I order that: 1. The Wetlands Mitigation Bank fee to be charged as of the effective date of this Order is attached as Exhibit A to this Order. 2. Administrative Order No. 58- 10 -09 -F is repealed as of the effective date of this Order. Dated and effective this 6th day of June , 2012. Jon R. Ruiz City Manager Administrative Order - Page 2 of 2