09/11/1933 Meeting - Laserfiche WebLink

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~ . 211. - ... _.--~ " -.- --. - ..----- ----=-- -~. - -- - --- - - . - - - ~- - - - - -- - -- -, ~---_._-_._-----~-------..- -~ --._--- ~.. w__._ - --._-- -- -,- - -., ... -- - - ~ - - -.- Koke Chapman 21.00 Eugene l'.Till & Elevato.r Co. 9.38 Burroughs Adding Machine Co. 8.70 Irish Cash Store 2.70 " t;J I Coe Stationery Company .35 Wi lliams Bak e.ry 2.90 .- ...;...;. Cre ssey' s 7 55 l!.,ugene Water Board 80.76 . l~"'" Hanson Blue Print Company 5.22 Chase Company 11.05 . -:- Hendershott's Gun Store .60 Ray Hicks 12.00 J. C. Penney Company .75 D.r. E. D. Fu.rrer 39.62 Valley P.rinting Company .60 Natron Printing Co. 16.50 Eugene Steam Laund.ry 11.36 Eugene Water Board 13.20 Quali ty Laundry 23.10 Eugene Water Board 125.00 Bee Line Station 4.50 Eugene Water Board 1000.00 Manhattan Cafe 15.25 Ruge ns \fJa tel' Board 1187.58 Williamson Plumbing Co. 3.00 Eugene Register Gua.rd 4.05 Brund Saw Shop .90 State Indust.rial Accident Com. 164.19 Cla.rk Batte.ry & Elect.ric 11.96 Eugene Public Lib.ra.ry 450.00 Euge ne Planing Mill 7.05 R. A. Babb Ha.rdwa.re Co. 9.99 Eugene Sand & G.ravel Company 243.75 Ca.rlson,"Hatton & Hay, Inc. 10.31 ftI' Ed Jensen & Company 7.66 Eugene Wate.r Board 65.04 Mane.rud Huntington Fuel Co. -3.50 Mo.r.ris Chevrolet Co. .88 ; O.regon Supply Company 5.00 Sim.mons Company 4.76 ! P.reston & Hales 3.40 Twin Oaks Lumber Co. 56.30 Standard Oil Company 39.29 Veltum & Clow 55.06 The Texas Company 3.73 Castelloe & Stockel' 9.50 West Side Auto Wreckers 1.25 EUGene P.rinting Co. 25.30 Walte.rs-Bushong 1.20 George A. Halton 36.90 Vfestern Auto Sup_ply Company 2.70 Pacific Tel & Tel Co. ' 13.18 Ray Sums ti ne 22.50 Shell Oil Company 217.75 -Clyde Ellison 22.50 F. Vfentwo rth, Trea s. 51.23 Booth Kelley Lumber Co. 111.80 Hort hwe st C i ti es Gas. Co. 7.74 H. F. Brogden 5.65 Roy Foster 29.ob State of Oregon Co.rp. Dept. 8.92 The Financ_e Commi ttee, by Chairman Hendex'shott, ]r esented the foll'owing . recommendation: I 1. That the City adopt the plan available under the 1933 Oregon Laws, and tha t the Ordinance prepared by li.r. Callcins and submi tted here- wi th, permitting the filing of a,pplications for extended P:lyment plan, and issuance of refunding bonds, be adopted. 2. rfhat January 1, 1934 , be designated as a time for filing ap.p.licat ions, and that due publicity be given to the plan to enable prope.rty oV/ner s to prepare for filing at that time. 3. That the Reco.rder and Treasurer be instructed to commence fore- closure proceedings against delin~uents who do not take ad van tage of the proposed plan, who are in areal'S @ore than one year in eithe.r Princi:pal, or In te re s t , or both. 4. That the preparing of applications, entries of liens, foreclosure proceedings and other matters involve a large amount of stenographic .... and clerical work, and time of the office in waiting upon applicants , and that Recorder's stenographer, Miss YOUllg, be placed on full time .- beginning'October 1st at ~75.00 pel' month, for which provision is made in the Recorder's budget for 1933. 5. That there are $78,65~.67 of outstandinG Improvement warrants, bearing inte.rest at 6~o, which the 1933 Legislature considered, and excluded from any limit of indebtedness, to permit the City to bond the same, if done before July, 1935. VIe recOi.(uuend that these warrants be converted into a bond issue at 0%. These wa.rrants are hel d in scattered lots in the community and as they bear no due da te, are in effect llf.rozenlT. Sevel~al holders of the obligations have indicated a willingness to aqcept the 5% bonds in exchange, and it would result'in a savings of 1% interest and would put the se secureties in a negotiable form which would be a substantial relief from distress in many' cases and increase the cash circulation in the c om.nmni ty. We recommend that a measur,e'_' providing for this relief be ,prepared I and submi t ted to the voters for approval at the fi.rst election to be held. 6. We sucge st tha t the Finance Committee and City Attorney be continued as an advisory Committee, to meet any ~uestions which may arise as the plans develop. RespectfullY submitted, , ' Finance Committee. . A.rthu.r Hendershott, P. J. Edwards, E. W~' Zumwal t ...4