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<br />I I BE IT FURTHER RESOLVED THAT NOTICE OF THIS HEARl NG SHALL BE PUBLISHED ONCE EACH
<br /> I WEEK FOR TWO SUCCESSIVE WEEKS PRIOR TO THE DAY OF THE HEARl NG IN THE E U GE NE REGISTER-
<br /> I GUARD, A NEWSPAPER OF GENERAL CIRCULATION IN THE CITY OF EUGENE, AND THERE SHALL ALSO
<br /> BE NOTICES OF THE HEARING POSTED IN FOUR PUBLIC PLACES WITHIN THE CITY OF EUGENE FOR
<br /> A. LIKE PERIOD OF TIME. SAID NOTICES SHALL BE SIGNED BY THE COMMON COUNCIL OF THE CI TY
<br /> I OF EUGENE.
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<br />'2.""" II RESOLUTION ADOPTED THIS 13TH DAY OF OCTOBER, 1952. .11
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<br />QO i I T WAS MOVED BY CRUMBAKER, SECONDED BY BOOTH THAT THE RESOLUTION BE ADOPTED. MOTION
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<br />~ CARRIED. 308
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<br /> 26 , RESOLUTION - RE: AUTHORIZING CONTINUED BORROWING PROCEDURE FROM THE FIRST NATIONAL
<br /> I BANK OF EUGENE WAS SUBMITTED AND READ AS FOLLOWS:
<br /> il "BE' I T RESOLVED, THAT THE CITY RECORDER-TREASURER A.ND MAYO~ OF TH E CITY OF EUGENE,
<br /> OREGON, BE A.ND THE Y HEREBY ARE AUTHORI ZED ~ND EMPOWERED TO BORROW MONEY IN THE NAME OF
<br />e I S'A I D C I T Y FOR THE PURPOSE OF MEETING CURRENT EXPENSES, RETIRING OUTSTANDI~G,BONDS ON
<br /> I: WARRANTS, OR PAYING THE INTEREST THEREON, SAID MONEY TO BE BORROlriED FROM THE FIRST
<br /> NATIONAL BANK OF EUGENE (OREGON), A NATIONAL BANKING ASSOCIATION, AGGREGATE AT THE
<br /> II TIME OF ANY SUCH BORROW lNG, INCLUDING THE AMOUNT THEN TO BE BORROWED, A SUM EQUAL TO
<br /> I 80 PER CENT OF THE TAXES LEVI ED A.ND IN PROCESS OF COLLECTION FOR SAID CITY FOR THE
<br /> CURRENT TAX YEAR 1952-53, A.ND 80 PER CENT OF ALL OTHER BUDGE TE D AND UNPLEDGED REVENUES
<br /> ESTIMATED TO BE RECEIVED BY SAID CITY FROM OTHER SOURCES DURING SAID TA.X YEAR.
<br />I I BE IT FURTHER RESOLVED, THAT SAID CITY .RECORDER-TREASURER AND MAYOR BE, AND THEY
<br /> I HEREBY ARE AUTHORIZED AND EMPOWERED TO EXECUTE, IN THE NA.ME OF SAID CITY, TO THE ORDER
<br /> Ii OF SAID BANK, PAYABLE AT EUGENE, OREGON, GENERAL FUND AND OTHER TAX SUPPORTED FUND
<br /> ,WARRANTS OF SAID CITY FOR ALL SUMS SO BORROWED, WITH INTEREST AT THE RATE OF 3 PER
<br /> il CENT PER ANNUM, UPON SUCH TERMS IN RESPECT TO TIME A.ND AMOUNT OR OTHERWISE, AS MAY
<br /> r BE AGREED UPON BETWEEN SAID BANK AND SAID CITY OFFICliLS.
<br /> II BE IT FURTHER RESOLVED, THAT THE CITY RECORDER SHALL AND HE HEREBY IS AUTHORIZED
<br /> AND DIRECTED TO.DELIVER TO SAID BANK A COpy OF THIS RESOLUTION, PROPERLY CERTIFIED BY
<br /> [I HIM, AS EVIDENCE OF THE AUTHORITY OF SAID OFFICIALS TO BORROW SAID MONEY AND EXECUTE j
<br /> II AND DELIVER SAID WARRANTS IN ACCORDANCE WITH THE FOREGOING. 11
<br /> IT WAS MOVED ~Y CRUMBAKER, SECONDED BY BOOTH THAT THE RESOLUTION BE ADOPTED. MOTION
<br />. I CA.RRIED. 309
<br /> 27 RESOLUTION - RE: CONTINUING BORROWING PROCEDURE FROM UNITED STATES NATIONAL BANK OF
<br /> PORTLA.ND WAS SUBMI TTED A.ND READ AS FOLLOWS:
<br /> I "BE IT RESOLVED, THAT THE CITY RECORDER-TREASURER AND MAYOR OF THE CITY OF EUGENE,
<br /> OREGON, BE AND THEY HEREBY ARE AUTHORIZED AND EMPOWERED TO BORROW MONEY IN THE NA.ME OF
<br /> SA ID C I'TY FOR THE PURPOSE OF MEETING CURRENT EXPENSES, RETIRING OUTSTANDING BONDS ON
<br /> WARRANTS, OR PAYING THE INTEREST THEREON, SAID MONEY TO BE BORROWED FROM THE UN I TE 0
<br /> STATES NATIONAL BANK OF PORTLAND (OREGON), A NATIONAL BANKING ASSOCIATION, AT ITS
<br /> I, E;UGENE BRANCH, AGGREGATE AT THE TIME OF ANY SUCH BORROWI NG, INCLUDING THE AMOUNT THEN
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<br /> TO BE BORROWED, A SUM EQUAL TO 80 PER CENT OF THE TAXES LEVIED AND IN PROCESS OF
<br /> COLLECTION FOR SAID CITY FOR THE CURRENT TAX YEAR 1952-53, AND 80 PER CENT OF ALL
<br /> OTHER BUDGETED AND U NP LE 0 GE D REVENUES ESTIMATED TO BE RECEIVED BY SAID CITY FROM OTHER
<br /> SOURCES DURING SAID TAX YEAR.
<br /> ,BE IT FURTHER RESOLVED, THAT SAID CITY RECORDER-TREASURER AND MAYOR BE, AND THEY
<br /> HEREBY ARE AUTHORI ZED AND EMPOWERED TO EXECUTE, IN THE NAME OF SAID CITY, TO THE ORDER. ,
<br /> OF SAID BANK, PAYABLE AT EUGENE, OREGON, GENERAL FUND AND OTHER TAX SUPPORTED FUND
<br />e WARRANTS OF SAID CITY FOR ALL SUMS SO BORROWED, WITH INTEREST AT THE RA.TE OF 3 PE.R CENT
<br /> PER ANNUM, UPON SUCH TERMS IN RESPECT TO TIME A.ND AMOUNT OR OTHERWISE, AS MAY BE AGREED
<br /> UPON BETWEEN SAID BANK AND SAID CITY OFFICIALS.
<br /> BE IT FURTHER RESc:.LVED, THAT THE CITY RECORDER SHALL AND HE HEREBY IS AUTHORI ZED
<br /> A.ND 0 I RECTED TO DELI VER TO SAID BANK A COpy OF THIS RESOLUTION, PROPERLY CERTIFIED BY
<br /> HIM, AS EVIDENCE OF THE AUTHORITY OF SAID OFFI CI A.LS TO BORROW SAID MONEY AND EXECUTE
<br /> AND DELIVER SA. I D \~ARRANTS IN ACCORDANCE WITH THE FOREGOING. 11
<br /> IT WAS MOVED BY CRUMBAKER, SECONDED BY BOOTH THAT THE RESOLUTION BE ADOPTED. MOTION
<br /> CARRIED. 310
<br /> 28 RESOLUTION - RE: ZONING OF NEWLY ANNEXED SUNNY HOLLOW AREA WAS SUBMITTED AND READ AS
<br /> FOLLOWS:
<br />I "BE IT RESOLVED BY THE COMMON COUNCIL OF THE CITY OF EUGENE, OREGON THAT THERE IS
<br /> HEREBY TRANSMITTED TO THE CITY PLANNING COMMISSION OF SAID CITY, THE FOLLOWING PETITION I
<br /> FOR ZONING PROPERTY IN THE SAID CITY, TO-WIT:-
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