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Item 3A - Minutes Approval
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Item 3A - Minutes Approval
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4/11/2005
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underwriters would be willing to buy the bonds. <br /> <br />Mr. Kelly hoped the community had another alternative. He did not like the comer the City Council had <br />been painted into by bond counsel. He determined from Mr. Ruffler that the MWMC included three <br />elected officials representing the local jurisdictions and four lay representatives. Eugene had two lay <br />representatives. <br /> <br />Mr. Kelly recalled that the council received an e-mail from Roxie Cuellar of the MWMC, who maintained <br />that setting a higher SDC rate to cover the bond payment would be decided by a non-elected board. He <br />asked if that was correct. Mr. Ruffler said the commission recommends rates and SDCs to the elected <br />governing bodies, which then adopted them. Mr. Kelly asked what happened if a community rejected the <br />MWMC's recommendation. Mr. Ruffler said to the extent the rates or charges were necessary to repay <br />bonds, the MWMC could move forward without that approval. Any additional component of the rates <br />that went above that minimum requirement could be refused by the parties to the IGA. City Manager <br />Taylor said the fundamental issue was how to assure the bond holders while still maintaining flexibility <br />for the governing bodies. In the parties to the IGA could not reach an agreement, at a minimum the parties <br />must meet their commitment to the bond holders. <br /> <br />Mr. Kelly disliked the fact there was no elected accountable officials on the MWMC if the parties could <br />not reach agreement. The MWMC commissioner could not be voted out of office. He did not know the <br />solution. <br /> <br /> Ms. Bettman did not think it was a good idea to include Coburg in the review of the IGA. The council <br /> should focus on the parties to the IGA as no decision had been reached that Coburg's participation in the <br /> MWMC was in the best interest of other governments. She was concerned that the gesture to review the <br /> IGA could be misread by Coburg. She hoped any analysis about including Coburg in the IGA had a <br /> rigorous financial component because she wanted to avoid any situation where Eugene ratepayers <br /> subsidized capacity for Coburg. Mr. Pap6 said he was suggesting the review as a mere courtesy. <br /> <br /> Mr. Pap6 determined from Mr. Ruffler that Springfield provided financial services for the MWMC, so any <br /> analysis of whether bond requirements were met would be done by that city. Mr. Pap6 asked what <br /> happened if the estimates were high and the MWMC had more money than it intended to apply to the <br /> repayment of bonds. Mr. Duey said that staff would review the numbers annually and make recommenda- <br /> tions for the rate component for the debt service through the MWMC for the cities to consider. The <br /> community could also choose to either lower the rate based on the debt service, or raise it based on the <br /> debt service. <br /> <br /> Mr. Kelly was concerned that the IGA eliminated the Metropolitan Policy Committee (MPC) as a dispute <br /> resolution body and called for the formation of a new dispute resolution body. Mr. Lidz responded that <br /> one reason was that the two councils might want to appoint their MWMC representative to a dispute <br /> resolution committee. Mr. Ruffler pointed out that the MPC included representatives from other bodies <br /> without an interest in the wastewater program. Mr. Kelly appreciated both answers but neither satisfied <br /> him. He thought it could be resolved by modifying the bylaws of the MPC to accommodate the dispute <br /> resolution role, and suggested that a community's MWMC representatives could be involved in the <br /> discussion. <br /> <br /> Mr. Poling agreed that the MPC should be the dispute resolution body. He thought the MWMC <br /> <br /> MINUTES--Eugene City Council February 9, 2005 Page 7 <br /> Work Session <br /> <br /> <br />
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