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<br />Mayor Anderson asked the i;rm such a pledge would take. ~M~ager replied that a
<br />resolution would probably be best to keep track of any such commitment.' An
<br />ordinance would have the e,ffect of binding future Co un ci 1s and budget commi ttees.
<br />
<br />'.' . , : Councilman Bradshaw expressed concern, although not opposed to the concept of !
<br />, . ,s.uch a pledge, about use of this type promotional effort in the event the
<br />'auditorium does not produce a profit. Lee Bishop, Auditorium Association said
<br />the estimated operating net income is that developed in the Jarvis economic study.
<br />He said the Association has been asked for assurance that any profit will go to
<br />bond retirement. And use of any una110cated room tax funds (he suggested use of
<br />the word "una110cated" rather than "excess") would help to bring the earliest
<br />possible retirement of the bond issue. Any presentation to the voters of such"'.',"
<br />a pledge, he said, would be couched in terms adopted by the Council.
<br />
<br />;Mayor Anderson suggested the staff be asked to prepare a carefully worded state-
<br />:ment which would reflect any pledge in the best manner both from a policy and
<br />:admiriistrative standpoint. Mr. Williams said that with no guarantee as to how
<br />. much there would be in unallocated funds, commi tting them would not be a very
<br />:solid pledge. He wondered whether a specific percentage should be named.
<br />I
<br />iIt was decided a short policy statement would be prepared by staff, reviewed by
<br />;Mr. Williams and Mrs. Bea1 (acting for Mrs. Campbell as Auditorium Association
<br />: iiaison), and brought back to the Council for consideration. Consensus was Comm
<br />reached after further discussion that the statement should include a specific 8/16/72
<br />,percentage of the una110cated funds to be pledged to Auditorium bond retirement. Affirm
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<br />J. Appointment, James Bernhard , Planning Commission - The Council was informed of
<br />Mayor Anderson's appointment of James Bernhard, 3755 Donald Street, as a member Comm
<br />of the Planning Commission to fill the unexpired term of James wngwood, re- .8/2d/72
<br />signed, ending January 1, 1973. Affirm
<br />
<br />K.Autos Abandoned on Private Property - Councilman McDonald asked for discussion '
<br />,and recommendations from staff with regard to abandonment of automobiles on
<br />private property. He said he has received complaints in this regard and had
<br />.been told that towing companies will not remove abandoned vehicles because
<br />usually they are of no value. He feels the City has a responsibility so far as Comm
<br />the property owner is concerned. It was understood the situation would be re- 8/23/72
<br />.viewed and brought back for discussion at a future committee meeting. Affirm
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<br />L. Report, Capital Projects, 'Novembe"x'-Ba1lot - Copies of a report were previously dis-:"
<br />I tributed to Council members from the Council subcommittee appointed to review
<br />I capital project needs and make recommendations on which to submit to the voters ,
<br />I and how they were to be submi tted. The subcommi ttee recommends fi ve separate ,I
<br />measures on the November ballot - one, a tax base increase, and four 20-year bond
<br />issues. They are:
<br />
<br />~ 1. Fire Substations, Apparatus, Equipment and Operating Expense - :
<br />$1,000,000 tax base increase ($800,000 for fire protection, and
<br />$200,000 to cover normal 6% increase in tax base).
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<br />I 2. City Street and Storm Sewer Improvement - $4,300,000 20-year bond issue.
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<br />3. Park Land Acquisition - $1,100,000 20-year bond issue.
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<br />4. Housing Development Fund - $2,250,000 20-year bond issue.
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<br />5. Auditorium/Convention Center - $5,500,000 20-year bond issue.
<br />
<br />Assistant Manager explained in detail the gross amount estimated in the proposed
<br />tax base increase, to inc1 ude funds for fire substation construction, p1 us the :
<br />amount needed to offset the loss of the 6% increment if a new tax base is adopted. :,
<br />It is estimated that operating costs for the substations, based in part on esca1a- ~
<br />tion of whatever adjustment will be made in salaries, will about equal the initial ~
<br />capital outlay.
<br />
<br />'In answer to Mr. McDonald, Assistant Manager explained that there would be no debt'
<br />. 'service incurred in the tax base increase. It is a direct authorization to in- I
<br />.,~ " 'crease the annual levy of the City. With regard to the bond issue, no significant'
<br />- ~increase in operating costs is anticipated.
<br />
<br />Assistant Manager in further review of the report noted that the subcommittee feels
<br />~ street lighting, airport, and maintenance shop, while having high priority, should
<br />be financed by some other method, but if al ternate financing is not found the voter
<br />should be made aware tgat: baJlot. ~iil.~J1re~.IJ.!oposing use of pro!!~.!~Jl _tax for these _.J
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<br />~ 5 7 8/28/72 ,.. 9
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