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RELATED CITY POLICIES <br />The council' s Vision and Goals Statement with respect to Fair, Stable and Adequate Financial <br />Resources reaffirms commitment to "a local government whose ongoing financial resources are based <br />on a fair and equitable system of taxation and other revenue sources and are adequate to maintain and <br />deliver municipal services." The 2001-2002 City Council Work Plan Item 1 under this goal called for an <br />effort to "Identify and implement funding sources (including possible reallocation of existing sources) <br />for operation, maintenance and preservation of the transportation system." Additionally, the City's <br />FinancialManagement Goals and Poficy, A. 4, states that the City's municipal service priority Level 2 <br />(second only to the preservation of the public safety system) is to "maintain and replace the City's fixed <br />assets, which includes.., infrastructure.., so as to optimize their life." <br /> <br />COUNCIL OPTIONS <br />The council has the following options: <br />Option 1: The council could decline to take any action, effectively choosing to make no changes to the <br /> Eugene Code concerning business license tax on motor vehicle fuel dealers; or <br />Option 2: The council could approve the proposed amendments to the Eugene Code, including an <br /> increase to the Business License Tax on Motor Vehicle Fuel Dealers of an additional two <br /> cents. <br /> <br />CITY MANAGER'S RECOMMENDATION <br />The City Manager recommends adoption of the proposed amendments to the motor vehicle fuel tax code <br />implementing a two-cent increase to the existing local motor vehicle fuel tax, a provision for 80% <br />refunds of motor vehicle fuel tax paid by specified diesel users and various minor housekeeping <br />amendments. <br /> <br />SUGGESTED MOTION <br />I move to adopt an ordinance concerning motor vehicle fuel dealer's business licenses; and amending <br />sections 3.465, 3.467, 3.474, 3.480, 3.483, and 3.484 of the Eugene Code, 1971. <br /> <br />ATTACHMENTS <br />A. Proposed amendments to the Eugene Code (Concerning a Business License Tax on Motor Vehicle <br /> Fuel Dealers) <br /> <br />FOR MORE INFORMATION <br />Staff Contact: Kurt Corey <br />Telephone: 682-5241 <br />Staff E-Mail: kurt. a. corey~ci, eugene, or. us <br /> <br /> L:\CMO\2005 Council Agendas\M050124\S0501247.doc <br /> <br /> <br />