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<br /> 11/21/66
<br />I Council Chamber
<br /> E~e~, Oregon
<br /> November 21, 1966
<br /> Adjourned meeting of the Common Council of the city of Eugene, Oregon - adjourned from the meetings
<br /> of November 7 and November 14, 1966 - was called to order at 7:30 p.m. on November 21, 1966 in the
<br /> Council Chamber by His Honor Mayor Edwin E. Cone with the following councilmen present: Mr. Hawk,
<br /> Mrs. Lauris, Messrs. Crakes, Purdy, McNutt, Anderson, and Lassen. Councilman Chatt was absent.
<br /> NEW BUSINESS
<br />1 Parking Assessment District, 10th and Oak - Mr. Hawk moved seconded by Mrs. Lauris that
<br /> construction of :a 5-level 668-car parking structure and formation of a parking assessment
<br /> district for the structure at 10th and Oak be approved as outlined in the City Manager's
<br /> survey and report.
<br />e The City Manager reported that as 'of 7:30 p.m. there were filed remonstrances from owners
<br /> of 24% of the land area in the proposed assessment district representing 9.5% of the
<br /> assessed valuation. He explained that the method of assessment is based on square footage
<br /> of land area to be assessed and its location in relation to walking distance from the
<br /> facility. This method of assessment is identical to that used in assessing the cost of
<br /> the 7th and Olive parking district~ It was explained that assessments can be bonded to
<br /> be paid over a 20-year period, with all net revenues from the parking structure credited
<br />I against the assessments and the assessments reduced by the amount of the net revenues.
<br /> Also, any difference between the 6% interest charged on Bancroft bonds by the City (re-
<br /> quired by law) and the interest paid on bonds sold to finance the structure will be
<br /> credited against the assessments.
<br /> Norman Jacobson, consultant in planning the facility, said his survey indicated the need
<br /> for parking in the area is 811 spaces. The estimated cost of the structure is $1,155,000,
<br /> land - $800,000, making a total estimated cost of $2,000,000. Construction cost is
<br /> estimated at $1,535 per space. Mr. Jacobson recommended that a parking validation system
<br /> would produce the most revenue. He also gave comparative costs of this structure with
<br /> others in the Northwest.
<br /> Ralph Robinson, Chamber of Commerce parking committee chairman, reviewed the assessment
<br />. credits pledged by the City, the location, and the financing. He said that there is a
<br /> validation program already underway. He also remarked that the structure would make
<br /> possible removal of on-street meters to facilitate traffic flow rn" the downtown area.
<br /> Frank Shearer, chairman of the Eugene Development Agency, commented on the parking
<br /> facility's relationship to the proposed Eugene Central Project. He said that this park-
<br /> ing facility provides for good planning and development of the downtown area, and that
<br /> it will spearhead the downtown project.
<br /> Hale Thompson, president of the' Chamber of Commerce, said that the downtown area must
<br /> become a shopping center itself and the parking structure would serve as an anchor. He
<br />I remarked that the property owners in this program are providing the facility themselves,
<br /> aided by use of the City's legal tools.
<br /> Kurt Neustadter, representing Kaufman Bros., owners of property in assessment Zone 4,
<br /> said that that firm considered the proposed assessment against their property low com-
<br /> pared to the benefit they would derive, even if there were no' refunds or credits. He
<br /> said they felt they were doing no more than providing parking for their customers, and'
<br /> they are very much in favor of the ticket validation program as part of the overall program.
<br />e LaVerne Johnson, representing Robert C. Wilson, owner of property between 10th and 11th
<br /> on Willamette, supported the proposed district. Mr. Johnson, former city attorney of
<br /> Corvallis, Oregon, spoke of that City's experience in the operation of one lot and re-
<br /> marked that property owner opposition to formation of the district has virtually dissolved
<br /> since the lot has been in operation.
<br /> Stanley Stevenson, downtown property owner, opposed the method of assessment saying he
<br /> felt those benefited the least were paying the most. He said he felt the assessment
<br /> should be based on assessed value of properties. The City Manager explained that parking
<br /> committee and previous committees had considered many other assessment formulas and had
<br /> decided the proposed formula is as fair as any which could be devised. He said this
<br /> formula had proven itself so far as ability to sell Bancroft bonds.
<br /> Joe Labadie, trust officer for U. S. National Bank and representing an interest in prop-
<br /> erty on which the parking structure is proposed to be constructed, objected on the basis
<br />I that owners of interest had not received notice of the'proposed assessment district and
<br /> that the legal description of the property shown in the report was incorrect.
<br /> Mrs. J. H. Hessel, 1129 Oak Street, owner of an apartment house in the district, objected
<br /> to the method of assessment and said that the assessment amounted to more than the gross
<br /> income from the property. She said that use of the land assessed should be given some
<br /> consideration.
<br /> Jim Stevenson, buying property within the district, objected on the basis that businesses
<br />e and offices outside the district boundaries receiving benefit trom the structure will not
<br /> be paying any assessment.
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