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02/11/1946 Meeting
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02/11/1946 Meeting
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7/27/2007 2:07:30 PM
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City Council Minutes
Meeting_Type
Meeting
CMO_Meeting_Date
2/11/1946
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<br />r'"" 430 <br /> <br />F~~-'-~' ,~~,~~~ c ~_-o~~ ~o~~~~ o-~, ~ ,c-,'~",~ ,. _ ~~ '7 ,,- , ._ ~ _'C'~~_~-'~' <br /> <br />- -~--"'-"'--"- <br />---.' -.-. --- ~ - <br /> <br />- -~~ - -_. - -.- -' ---" .--- -.--. <br />-," -'-~._--~--- --- - -- <br /> <br />'-I,l- <br />I <br /> <br /> <br />I <br /> <br />~,-- ---~-'---==---:--~---::,.---~ ._~ -~-::--~------~-"':""~~--:---- ~-----::---~~.~~~--~--~ <br /> <br />---------- ,....-----------~-----~.~~---~_. -----~----_.,-- -_..........---- <br />. - - - - -- -. - --.. - "- - . . - - - - - - - . - -- - - " . - - - - - ..- - .- <br /> <br />-:~ <br />~,Q <br /> <br />denomination and due date, and' place of payrnent as the Common Council may deem <br />most likely to enhance their value and insure their salability. They shall bear <br />a rate of interest not greater than 3 per cent per annum and shall be sold for <br />not less than 98% of their,par value and accrued interest. <br /> <br />Section 4. The Common Cou~cil of the City of Eugene is hereby <br />authorized and directed to include in its General Municipal Tax Levy each year <br />such 'sufficient special levy as shall aggregate together with any other available <br />funds, an amount sufficient to pay the interest on the bonds and to pay the <br />serial maturities as the bonds fall due. <br /> <br />......... <br />..,.... <br /> <br />Section 5. The Common Council is hereby authorized and directed to <br />issue and sell said bonds from time to time as they may be needed for the pur- <br />poses herein specified, but before any of them shall be sold, they shall be <br />advertised for sale according to law. <br /> <br />Section 6. That the money derived from the sale of said bonds shall <br />constitute a special fund to be denominated SPECIAL HIGHWAY FUND, and shall be <br />used for no other purpose than herein provided. <br /> <br />! <br />i <br />50 i <br />I <br />, <br /> <br />Section 7. The indebte,dness authorized by this amendment to the <br />Charter of the City of Eugene is in addition to all other indebtedness autho- <br />rized and incurred by the City of-Eugen~." <br /> <br />It was moved by Johnson, seconded by Allen that the resolution be ~dopted. <br />Motion carried. <br /> <br />'A resolution -- Re: Ballot proposal for'general tax levy of 1 7/10 <br />mills for recreational purposes within the City of Eugene, was submitted and read. <br /> <br />It was moved by Hawn, seconded by Johnson that the resolution be held over and <br />referred to Committee for further investigation and report. Motion carried. <br /> <br />NEW BUSINESS <br /> <br />I <br />51 : <br /> <br />A deed from Emerson and Helen Abbott to the City of Eugene of the <br />following described property for street and highway purposes (description of prope ty), <br />was submitted by the City Manager. <br /> <br />Upon motion the deed was ordered accepted and the proper city officials were <br />instructed to file the same. <br /> <br />UPON MOTION THE COUNCIL ADJOURNED. <br /> <br />Respectfully submitted, <br /> <br />~~9~ <br /> <br />Ci ty Manager <br /> <br />, I <br /> <br />.......-. <br /> <br />~ <br /> <br />I <br /> <br />I <br /> <br />I <br />
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