01/12/1948 Meeting - Laserfiche WebLink

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..... lfl C r ~d --,~ F.' - 14 An application for Restaurant liquor license was submitted by Ernie Piluso, 157 East Broadway. "..... It was"moved by Davis, seconded by Hanns that" the application as approved by the Chief Of Police. be endorsed. Motion carried.~ ~ ~ ~ ;....,'. ,.......~ ...,~ 0:: The following Rooming House license applications were submitted for approval 15 by the Council. 469 East'15th Avenue, Olive O."DarRY Rose Auto Court, 969 Franklin Blvd. 1033 High Street, George D. Hadley Belvedere-Hotel, 636 Willamette 219 West 5th Ave., Mrs. Emma McGrady : . It was moved by Wells,- seconded-by Davis that' the applications as approved by the 'Police~ Fire and Health Departments be endorsed. Motion carried. A communication 'from Police Chief, Keith Jones-requesting residence-outside 16 the City Limits; was submitted and read.. . "I request permission to make my residence at 73 East 25th Street. It is my understanding that according to Civil Service~rules no member of the Police Depart- ment may reside outside the City limits. It has.been very difficult for me to find a home within my price range which would accomodate the members of my family. I have found a place at 73 East 25th Street which I believe would be satisfactory" however, it is one b~ock outside'- the City limi ts ~ , It is also my understanding tha t II the Mayor and Council may give permission for me to make' my. residence there." :: It was moved by Davis, seconded by Bailey' that the communication be received and placed on file and that permission be granted as requested. Motion carried. A letter from the Oregon Motor Stages with reference to the reques~ed in- crease in bus fares as provided in Council Bill 292, given first reading by the Common Council December 22, 1947 was submitted and read as follows: 17 "We have come before you with a request for an increase in fares. This is th~ direct result of costs which are spiraling upwards at a time when traffic would have been considerid fantastic. The pattern of wage increases ih the transit industry with its proven~ record of stability of employe annual earnings is being set by hourly increases granted in industries which almost completely lack that stability. Collaterals and benefits of one description or another have been added to ourt:' contracts and these have placed a further cost burden on us. Prices have increased for the material and services which we must purchase' from other -- (for instance the recent increase of 1.8~ per gallon for gasoline.) The cost of new equipment has gone up and construction costs are at unprecedented levels. Taxes are rising. This combination of rising costs and decreasing traffic has already caused a rapid decline on some of our operations, and in some instances, a complete dis- app~arance of net income: Now it is not because we, of all industries~ have been singled out as the sole victims of rising costs that our problem is a serious one. Rising costs' effect all industries. We are peculiarly a victim of these circumstances because of two reasons. , I, ~l Firstly, the proportion of our total costs represented by labor are extremely:; high, and increased wage costs cause a horizontal rise ih a substantial part of the costs of our operation. The second reason why these rlslng costs effect us in a peculiar manner is because of the complexity of the machinery provided for increasing our rates to offset higher costs. We are not in the fortunate position of being able to announce an increase in the price of our product as soon as increased costs are known. We must appeal to Public Utility Commissions, Munbipal governing bodies, etc. before a change in our rates can become effective. Not infrequently this means long delays. During the period of this delay,'we are operating with inadequate fares and the higher costs are being paid out of depreciating reserves and frequently on borrowed money. : No, given fare is adequate unless it provides sufficient revenue to meet all the costs of service, including a proper recompense for the capital employed, and in addition leaves a balance over and above these needs. If we are to remain a healthy industry, ~n asset to this community, there must be a balance remaining over and above thcl amounts required for operating expenses, taxes, deprebiation, interest charges, .'and a reasonable return on investment. ~ I 1 I I I