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<br /> 7/13/59
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<br /> HAD NOT BEEN METERED BECAUSE OF ~HE LACK OF ALLEY SPACE fOR TRUCKS TO LOAD AND ,
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<br /> UNLOAD AND ALSO BECAUSE or TRUCKS BACKING INT~THE METERS WITH THEIR ~AILGATES "
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<br /> I AND CAUSING EXTENSIVE MAINTENANCE. THE POLICE DEPARTMENT RECOMMENDED THAT ALL
<br /> ,I 24 MINUTES NON-METERED LOADING ZONES WITH TH~ EXCEPTION Of THE ZONE IN FRONT Of
<br /> II THE BPOE LODGE AT 44 EAST 7TH AVENUE BE REPLACED WITH METERED 24 MI,NUTE LOADING
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<br /> II ZONES fROM 9:00 AM TO 6:00 PM, AND THAT THE 44 EAST 7TH AVENUE LOCATION BE RE-
<br /> I PLACED WJ.TH A 5-CENT PER HOUR PARK I NG METER.. I:
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<br /> I IN THE COMMITTEE DISCUSSION "
<br /> , IT WAS POINTED OUT THAT THESE MERCHANTS OPERATE I,
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<br /> i! UNDER SOMEWHAT. DIf'f'ERENT CIRCUMSTANCES THAN OTHERS IN TOWN BECAUSE THEY HAVE NO
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<br /> II ALLEY At ALL AND A NUMB~R Of'THEM HAVE EXTENSiVE SHiPMENTS OF f~EiGHT~ciR OTHER ,I
<br /> COMMODI TIES COM I NG TO 'THE I RPLACES Of BUSI NESS 'AS 'WELL AS -LEAV ING. .'$OM,E 01 S-.: "
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<br /> I, CUSSION WAS ALSO .HAD ON THE POS.SIBILITY Of. ESTABLIS,HING A PARTIAL LOADING ,ZONE \.
<br /> 'I AND PART,I AL METER ZONE TO SERVE. THESE ESTABL I SHMENTS. ,FOLLOW I NG THE GENERAL
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<br /> '\ DISCUSSION IT WAS RECOMMENDED THE MATTER BE TABLED. MOTION CARRIED UNANIMOUSLY. ,
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<br /> il IT WAS MOVED .BY MR. SHEARER SECONDED BY MR. MCGAFFEY THAT ITEM 5 0 F THE. COMMITTEE REPORT BE e
<br /> II APPROVED. ROLLCALL VOTE. ALL COUNC I LMEN PRESENT VOT I NG AYE, Mon ON CARR I EO.
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<br /> I 6. CONS I DERAT ION OF RESOL UT I ON CONCERN I NG ENCROACHMENT Of R I GHT-OF-WA,Y FROM THE
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<br /> 1\ FERRY STREET RAI LROAD OVERCROSS ING STRUCTURE TO EAST BROADWA,Y BY THE STAT.E
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<br /> I HIGHWAY DEPARTMENT - A PROPOSED RESOL,UTION SUBMITTED BY T.HE STATE HIGHWAY DE- ,
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<br /> I PARTMENTCONCERNING THE' PROPOSED RAILROAD OVERCROSSING STRUCTURE FROM THE' i,
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<br /> EX I ST I NG STRUCTURE TO EAST BROADWAY WAS READ .TO THE COMM I TTEE. IN ESSENCE THE I'
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<br /> RESOL UT ION REQUESTS A GUARANTEE THAT NO ENCROACHMENTS WILL, BE PERMI TTED, UPON !/
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<br /> II THER I GHT-Of-WA Y WH I CH W I LV PERMANENTL Y OBSTRUC.T OR INTERFERE WITH THE fREE i'
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<br /> :1 AND CONVEN I ENT fLOW Of TRAF'F'I C OVER THE, H I.GHWAY THROUGH THE CITY j THAT PARKI NG
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<br /> Of' VEHICLES WILL BE REGULATED SO THE TRAff'IC WILL NOT BE IMPEDED AND UNREASON- ~ ~.
<br /> I! ABLE LIMITATI~NS Of' SPEED WILL NOT BE MAD~. \;,
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<br /> !I I TWAS REC:OMMENDED THAT THE RESOL UT ION BE APPROVED AND THE PROPER CITY Of'f'I C I ALS "
<br /> 11 TRANSMIT IT TO THE HIGHWAY DEPARTMENT. MOTION CARRIED UNANIMOUSLY. I:
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<br /> IT WAS MOVED BY MR. SHEARER SECONDED BY MR.. MCGAFFEY THAT ITEM 6Q~ THE COMMITTEE REPORT BE Ii
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<br /> 11 APPROVED. ROLLCALL VOTE. ALL COUNCILMEN PRESENT VOTING AYE, MOTION CARRIED. i:
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<br /> 2 1: 7. RECONSIDERATiON Of' LOCAiioN OF" POII~T Of'HILLS SCHOOL MONUMENT MARKER AND RE- ,
<br /> Ii INNAMEOF" UNIVERSITY PARK TO "FIELDEN McMURRY PARK" MADE BY . . il
<br /> ;1 QUEST F"OR CHANGE I,
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<br /> FRANK G. McMURRY - IT WAS EXPLAI.NED THAT THE COUNCIL HAD PREVIOUSLY CONSENTED I'
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<br /> , TO THE ERECTION Of' A MARKER F"OR THE :POINT Of' HI.LLS SCHOOL WI.TH SUCH MARKER TO Ii
<br /> " INSTALLED AT THE VICINITY OF 25TH AND UNIVERSITY STREET. , SINCE TH I S ,AP~ I
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<br /> I PROVAL HAD :BEEN GIVEN A SUBSEQUENT REQUEST HAS BEEN MADE THAT THE MARKER BE . ':
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<br /> ERECTED AT 24TH AND UNJ:VERSITY ,ON A NATURAL STONE IN THE UNI.VERSITY STREET PARK. ,
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<br /> IT WAS ALSO REQUESTED THAT UNIVERSITY STREET PARK BE RENAMED FIELDEN McMURRY ii
<br /> :1 PARK IN HONOR Of' FIELDEN McMURRY WHOSE f'ARM INCLUDED THE AREA f'ROM APPROXIMATELY
<br /> AGATE STREET TO HILYARD .STREET AND f'ROM 30T.H AVENUE TOTHEWILLAMET.TE RIVER. :1
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<br /> :1 THE COMMITTEE CONSIDERED THE REQUEST f'OR RELOCATION Of THE MARKER ANDF'OR THE ,
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<br /> , RENAMING OF" UNIVERSITY STREET PARK, ~ND fOLLOWING SOME DISCUSSION ON THIS sua- iI I
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<br /> :i JECT RECOMMENDED THE COUNCIL ,STANO BY.ITS APPROVAL Of' THE ~RIGINAL REQUEST ~OR Il
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<br /> il THE LOCATION Qf'THE MARKER AT 25TH AND UNIVERsiTY STREETS AND THAT THERE~I$ED I ~
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<br /> !I MOTl ON CARR I EO UNAN I MOUSL Y. . "
<br /> REQUEST BE DENIED. "
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<br /> ~ I IT WAS MovED BY MR.' SHEARER SECONDED BY MR. McGAFF'EY THAT ITEM 7 OF .THE COMMITTEE ,REPORT BE
<br /> II APPROVED. ROLLCALL VOTE. ALL COUNCILMEN PRESENT VOTING AYE, MOTION CARRIED.
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<br /> 3 II 8. COUNCI>LWOMANLAURIS STATED SHE BELIEVES THE CITY ,SHOULD ENCOURAGE GIF"T OF" e
<br /> Ii MEMORIALS TO THE CITY BUT THAT SUCH MEMORIALS SHOULD BE OF" A F"UNCTIONAL I:
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<br /> CHARACTER. FOLLOW I NG . TH'I S THERE WAS SOME 0 I SCUSS ION ON TH I S MATTER AND IT
<br /> WAS RECOMMENDED THAT THE CITY ENCOURAGE GIF"TS OF" MEMORIALS BUT THAT ,SUCH I'
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<br /> 11 GIFTS.BE Of' ,A FUNCTIONAL CHARACTER. MOTION CARRIED UNANIMOUSLY. i ~
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<br /> il IT WAS MOVED BY MR. SHEARER SECONDED BY MR. MCGAFFEY THAT ITEM 8 OF THE COMMITTEE REPORT BE ii
<br /> :i APPROVED. .ROLLCALL VOTE. ALL COUNCILMEN ,PRESENT VOTING AYE, MOTION CARRIED. "
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<br /> 41 9. CONSIDERATION Of INCREASED INTEREST RATE ON DISTRICT IMPROVEMENT WARRANTS - ,I
<br /> I THE FINANCE OFFICER EXPLAINED'THAT f'DR SOME TIME THE CITY HAD .BEEN PAYING ,3-i/2% 'I
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<br /> I INTEREST ON WARRANTS I SSUED TO CONTRACTORS PERFORM I NG ASSESSABLE f>UBL I C WORKS': ;,
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<br /> ~ROJECTS, BUT THAT DUE TO RISING INTEREST COSTS IN ALL AREAS THIS INTEREST RATE "
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<br /> INCREASED F"ROM:3-1/2% TO 4%. , THE 1/2 OF' ONE ~ERCENT WOULD J1
<br /> SHOULD BE INCREASE Of' I
<br /> il BE IN KEEPING WITH THE RISE IN INTEREST ,TO BE PAID BY.BANKS ON SAVINGS ,DEPOSITS, ,;
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<br /> WOULD BETTER REFLECT THE CURRENT INCREASE IN THE COST Of' BORROWING MONEY AND OTHER l~
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<br /> , FACTORS. THE fiNANCE OF"FICER SUGGESTED THAT IMPROVEMENT ORDINANCES ENACTED ,ON AND I
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<br /> I Af'TERJUL Y 13, 1959sHOU~D STIPULATE THAT THE INTEREST RATE ,TO BE PAID ON WARRANTS j;
<br /> II ISSUED ON SUCH PROJECTS WOULD BE 4%. THE COMMITTEE RECOMMENDED THAT THE INTEREST :
<br /> RATE BE INCREASED F"ROMTHE EXISTING 3-1/2% TO 4% ON WARRANTS ISSUED f'OR DISTRICT II
<br /> " IMPROVEMENT ON WHICH THE ORIGINAL IMPROVEMENT ORDINANCE WAS ENACTED ON AND AF"TER I,
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<br /> 'I JULY 1959., MOT ION CARR I ED UNAN I MOUSL y." i'
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<br /> (i' IT WAS MOVED BY MR. SHEARER SECONDED BY MR. MCGAf'F"EY THAT ITEM 9 OF" THE COMMITTEE REPORT BE I'
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<br /> APPROVED. ROLLCALL VOTE. ALL COUNCILMEN PRESENT VOTING '~YE~ MOTION CARRIED. II
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