Resolution No. 4568 - Laserfiche WebLink

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system would permanently improve Eugene's quality of life and services for all of the City's citizens. F. Several of Eugene's newer neighborhoods have far fewer parks than the older parts of the community. This proposal helps remedy the current inequities among neighborhoods in the distribution of parks. G. This park and open space proposal meets primary goals of the City Council and community in the areas of crime prevention, commitment to youth and growth management by responding to the recreation needs of youth and adults, improving the quality of life in Eugene, and protecting additional portions of the natural environment. H. With the passage of this bond measure, specific planning for park and natural area acquisition and park construction will begin. Park neighbors and Eugene citizens will be involved in the development of specific construction plans prior to the approval of final designs for a new park. Parks will be designed to allow for multiple use. If possible and appropriate, final park designs will incorporate and retain pre-existing natural areas as an element of the completed park. I. The City Council has determined that a measure authorizing 20 year General Obligation Bonds to finance the purchase of park and open space land, the construction of parks and athletic fields, and the replacement of the Amazon Pool should be referred to the electors of the City. The total estimated costs for these improvements and bond issuance costs is approximately $25,305,000. The tax rate is expected to be $0.386 per $1,000 of assessed value in the first year of the levy. A typical Eugene taxpayer will pay an average of $47.30 the first year of the levy. NOW, THEREFORE, based upon the above findings, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF EUGENE, a Municipal Corporation of the State of Oregon, as follows: Section 1. A city election is called for the purpose of submitting to the qualified voters of the City a measure authorizing the issuance of $25,305,000, 20-year General Obligation bonds to be used for the purchase of land for parks, building of parks and replacement of the Amazon Pool. Section 2. The City Council orders this city election to be held in the City of Eugene, Oregon, concurrently with the general election on the 3rd day of November, 1998, in accordance with the provisions of Chapter 254 of the Oregon Revised Statutes, and the ballots shall be counted and tabulated and the results certified as provided by law. Section 3. The City Recorder is directed to give not less than ten (10) days' notice of the city election by publication of one (1) notice in the Register Guard, a newspaper published in the City and of general circulation within the City. Resolution - 2