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<br />COMMUNI C~TI ON FROM OR.EGON SETTLEMENT Assoc I ATI ON - RE: BANCR.OFT LAW OF THE STATE OF"
<br />OREGON WAS SUBMI TYED AND READ AS FOLLOWS:
<br />
<br />"I WANT TO CALL YOUR ATTENTION TO A VERY SERIOUS HANDICAP THAT IS BEING PLACED ON
<br />P~OPERTY OWNERS IN THE CITY OF EUGENE WHE~E THEY DESIRE TO BANCROFJ VACANT PROPERTY
<br />INSTEAD OF PAYING ~ASH FOR CITY [MPROVEMENTS. ACCORDING. TO MR. POTTER, CITY fiNANCE
<br />OF'FI~ER, THE LAW IS THAT BANCROF"T1NG CAN B~ DONE UP TO 60% OF" THE TRUE VALUE AS' PUBLISHED
<br />IN RELATIONSHIP TO THE ASSESSED VALUE BY THE STATE TAX COMMISSION, AND HERt IS W~E~t THE
<br />COMP~ETE UNFAIRNESS TO PROPERTY OWNERS COMES IN. YOUR LOC~L ASSESSOR IN COOPERATION
<br />WITH THE APPRAISERS SENT BY THE STATE TAX COMMISSION ASSESS REAL PROPERTY AT 25% OF' ITS
<br />TRUE VALUE AND HE HAS WRITTEN A LETTER TO THAT EFF'ECT TO YOUR. CITY FINANCE OFFICER.
<br />HOW€VER, YOUR STATE TAX COMMISSION SENDS OUT A PRINTED LIST WHICH YOUR LOCAL FINANCE
<br />OF"F'ICER MUST GO BY, SAYING THAT CITY OF EUGENE REAL PROPERTY IS ASSESSED AT 40% OF' TRUE
<br />VALUE, WHICH IS ENTIRELY ERRONEOUS IN F'ACT AS WELL AS THEORY.
<br />
<br />How, HERE IN BRI EF', I S WHAT HAPPENS -- A LOT ASSESSED BY THE. COUNTY ASSESSOR AT
<br />$100.00 ON THE BASIS OF THE STATE LAW WOULD HAVE A TRUE VALUE OF $400.00 AND COULD BE
<br />BANCROF'TED F'OR SEWER LIENS FOR $240.00 A LOT. HOWEVER, ON THE BASIS OF' THE PRINT~D LIST
<br />BY THE STATE TAX CO~MISSION, THE TRUE VALUE OF' THE LOT WOULD HAVE TO BE FIGURED AT
<br />$250.00 A LOT AND THE MAXIMUM AMOUNT THAT COULD BE BANCROF'TED WOULD BE $\:.50.06. WHILE
<br />AM BUT ONE OF MANY SUFFERERS, AS YOU KNOW, I DO OWN SOME 200 LOTS INSIDE OF THE CITY
<br />LIMITS OF EUG~NE, AND THIS RULING IS GOING TO WORK VERY MUCH OF A HARDSHIP ON ME. IT
<br />IS ALSO ENTIRELY UNFAIR TO THE CITY OFEUG~NE, BECAUSE IT SHOWS A VALUE OF THE PROPERTY
<br />INSIDE tHE CITY OF EUGENE TO BE $75,OOO,000~00 WHEN ACTUALLY THE TRUE VALUEOFTHE'REAL
<br />P~OPERTY INSIDE THE CITY OF EUGENE IS $120,000,000.00. AS-CREDIT RATING F'O~ BONO ~SSUES
<br />ARE BAS~D TO A ~ONSIDERABLE EXTENT,ON THE RATIO OF' THE TRUE VALUE TO THE BONDED INDEBTED-
<br />NESS, I THINK THIS ANGLE SHOULD BE OF CONSIDERABLE INTEREST TO THE MAYOR AND COUNCILME~.
<br />
<br />IF" A PRIVATE INDIVIDUAL PUBLISHED A COMPLETELY F'ALSE STATEMENT SUCH AS THE ONE
<br />PUBLISHED BY THE STATE TAX COMMISSION, SUCH INDIVIDUAL WOULD PROBABLY BE CALLED ON THE
<br />CARPET FOR FRAUD.
<br />
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<br />
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<br />MR. POTTER HAS,CORRESPONDED WITH THE STATE TAX COMMISSION REGARDING THIS, ACCORDING
<br />TO MY INFORMATION. I. THINK IT I.S THE DUTY OF !HE EUGENE CITY COUNCIL TO TAKE ACTION ON
<br />THIS MATTER, AS IT IS GOING TO COST MYSELF AND OTHER CITIZENS OF THE CITY OF EUGENE THE
<br />NECESSITY OF RAISING A LOT OF UNNECESSARY.CASH MONEY AND IN MY CASE, MIGHT EVEN CAUSE
<br />ME TO LOSE SO~E OF THE LOTS.
<br />
<br />ANY ASSISTANCE THAT YOU CAN GIVE IN CORRECTING THIS INEQUITY WILL BE GREATLY
<br />APPRECIATED.II
<br />
<br />IT WAS MOVED BY MR. KOPPE, SECONDED BY MR. GODLOVE, THAT THIS COMMUNICATION BE RECEIVED
<br />AND FNVESTIGATED. MOTION CARRIED.
<br />/
<br />
<br />MR. JOEL CORLEY AND MR. PHIL THATCHER, REPRESENTING THE NEW.LIFE YOUTH CAMPS, INCORPORATED,
<br />REQUESTED PERMISSION TO CONDUCT A IIMILE OF PENNIES DRIVEII IN EUGENE TO HELP RAISE FINANCES TO
<br />SEND UNDER-PRIVILEGED BOYS TO ONE OF THEIR CAMPS.
<br />
<br />IT WAS MOVED BY MR. KOPPE, SECONDED BY MR. GODLOVE, THAT THIS REQUEST BE REFERRED TO THE
<br />HEALTH AND RECREATION COMMITTEE. MOTION CARRIED.
<br />
<br />ORDINANCES
<br />
<br />COUNCIL BILL No. 2099 - RE: lEVYING ASSESSMENTS FOR SANITARY SEWER BETWEEN POLK AND
<br />JACKSON STREETS FROM 24iH io 27TH AVENUES, INTRODUCED AND GIVEN FIRST READING ON MARCH 12, 1956
<br />WAS BROUGHT ON FOR CONSIDERATION. THE CITY MANAGER REPORTED NO WRITTEN PROTESTS ON FILE.
<br />
<br />IT WAS MOVED BY MR. GODLOVE, SECONDED BY MR. KOPPE, THAT THE BILL BE READ THE SECOND TIME BY
<br />TITLE ONLY, WITH UNANIMOUS CONSENT OF'THE COUNCIL. MOTION CARRIED UNANIMOUSLY AND THE BILL WAS
<br />READ THE SECOND TIME BY TITLE ONLY.
<br />
<br />IT WAS MOVED BY MR. GODLOVE, SECONDED BY. MR. KOPP.E, THAT THE RULES BE SUSPENDED AND THE BILL
<br />BE READ THE THIRD TIME BY TITLE ONLY, WlTH UNA~IMOUS CONSENT O~ THE COUNCIL. MOTION CARRIED
<br />UNANIMOUSLY AN~ THE BILL WAS READ THE THIRD TIME BY TITLE ONLY.
<br />
<br />IT WAS MOVED BY MR. GODLOVE, SECONDED BY MR. KOPPE, THAT THE COUNCIL BILL BE APPROVED A~
<br />GIVEN FINAL PASSAGEr ROLLCA~L VOTE. ~LL COUNCILMEN PRESENT VOTING AYE~ M~. BOOTH ABSENT.
<br />THE BILL WAS DECLARED PASSED AND NUMBERED 10796.
<br />
<br />COUNCIL BILL No. 3000 - RE: LEVYING ASSESSMENTS FOR SANITARY SEWER, SHERIDAN PARK ADDITION,
<br />HILYARD STREET AND 39TH AVENUE, INTRODUCED AND GIVEN FIRST READI:NG ON MARCH 12,1956 WAS BROUGHT
<br />ON FOR CONSIDERATION. THE CITY MANAGER REPO~TED NO WRITTEN PROTESTS ON FILE.
<br />
<br />.IT WAS MOVED BY MR. GODLOVE, SECONDED BY MR. KOPPE, THAT THE BILL BE READ THE SECOND TIME BY
<br />TITLE ONLY, WITH UNANIMOUS CONSENT SF THE COUNCIL. MOTION CARRIED UNANI~OUSLY AND THE BILL WAS
<br />READ THE SECOND TIME BY TITLE ONLY.
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