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<br /> . mailing list to- recei ve - i.nform,itionabout it. She asked if- there are any -non- <br /> Eugene Downtown Association members on the Development Board. Mayor 4ndersop <br /> "noted the considerable coverage of the activities of the Board in the news media. <br /> This presentation, he said, is to hear the proposal and then to invite participa- <br /> tion by all members of the business community at the time of public hearing. . <br /> Mr. Rubenstein said that m?re than half of the firms in every category were re- <br /> presented at the Board meetings, and that a meeting is scheduled for this evening <br /> with people in the present overpark district~ He continued that the final program <br /> is so far in the future that there will be ample time for everyone to be heard. <br /> . Mayor Anderson suggested contact with the Traffic Engineer to obtain minutes of <br /> previous meetings of the Downtown Development Board. <br /> Traffic Engineer emphasized that the ordinance presented to the Council is only <br /> ~!? enable gathering of information for the Board to consider in terms of trying <br /> to develop a final program. Anything to be implemented will still have to come Dack <br /> to the Council for adoption. r <br /> In answer to Councilman Hershner about whether this discussion is on the merits of <br /> the proposed ordinance or whether to hold a public hearing, Mayor Anderson said the <br /> intent is to determine whether the proposed ordinance has sufficient merit to <br /> schedule a public hearing. <br /> Mr,. Mohr asked how much information is available in the Mass Transi t District records I <br /> with regard to finances raised in the business district that would apply to the park- <br /> ing program. Traffic Engineer answered that that tax is based on payroll rather thar. <br /> on gross sales. Assistant City Attorney Swanson said financial and real estate insti- . <br /> tutions by State law are exempt from business license fees, but Traffic Engineer <br /> stated that negotiations are in progress with financial institutions in an attempt <br /> to gain voluntary contributions to the program. Vince Farina, Board member, said <br /> they would be liable for the ad valorem tax even though they are exempt from <br /> license fee. <br /> John Sharp, Andrea's, asked if there would be a general mailing to all businesses I <br /> prior to the public hearing, and Mayor Anderson said that would be the responsibility <br /> of the people supporting adoption of the ordinance if they wished to do so, and not <br /> the City's responsibility. Comm <br /> 9/20/72 <br /> Mr. Teague m:Jved seconded by Mr. Mohr to schedule a public hearing on the proposed Approve <br /> ordinance for October 9, 1972. Motion carried unanimously. <br /> ,Mr. Mohr moved seconded by Mr. Hershner that the budget submi tted by the Downtown <br /> Development Board be referred to staff for recommendation and report back with <br /> 'regard to feasibility of City's assuming cost of items covering police department <br /> I services (meter maid and scooter) and lost meter revenues. Motion car:ded unanimoui;-iy. <br /> F. Tax ~ate Increase - Mayor Anderson referred to the Register-Guard article on the <br /> Citry's tax rate of $9.18 for the year 1972-73, an increase from $8.79, the rate <br /> figured at time of budget preparation on the estimated valuation. He summarized . <br /> the procedure for figuring the budget, use of valuation estimates, reduction in , <br /> budget figures following election defeats, etc., and explained that the increased <br /> tax rate is due to a lesser actual valuation than expected at the time of preparing <br /> the budget. He suggested two alternatives - maintain the budget approved by the <br /> voters (expenditure of $2,175,000 outside the 6% limitation) with a tax rate of <br /> $9.18 per thousand TCV, or alter the budget, to maintain the $8.79 rate. Copies of <br /> a tabulation prepared by the Finance Director were distributed showing present <br /> levy and proposed levy to.maintain the $8.79 rate. Because of deadline for certify- <br /> ing the amount to be levied to the County Assessor it is necessary the Council de- <br /> ,termine what action is to be taken. <br /> Councilman Hershner asked if the Council has the authori ty to adjust the rate or if <br /> that is a Budget Committee function. Mayor Anderson replied that the C.ouncil may - ~ <br /> adjust it in any way it desires so long as it is not increased beyond the amount <br /> of levy authorized by the voters. Further discussion followed in clarification <br /> of how an adjustment could be effected. Councilman Mohr suggested a special meet- <br /> ing of the Council immediately following this cOnmUttee meeting to take whatever <br /> action is decided upon. He said the individual voter is concerned with the tax <br /> rate which he will pay, and is entitled to the rate presented by the City in asking <br /> for funds outside the 6% limitation. Finance Director confirmed Mr. Mohr's state- <br /> ment that a reduction of $295,328 gross ($265,795 net) is necessary to keep the -< <br /> tax rate of $8.79 based on the actual valuation. He also confirmed the statement <br /> that nO revenue sharing is taken into account in arri ving at these figures. '--' - <br /> . <br /> counf;i.~man Hershner wondered where services could be curtailed in view of the , <br /> funds"alx~adY deleted to give an operating bq<!get $300,000 less than what was. con- I <br /> sidereda minimum. Mayor.Anderson said time element prevents going through the <br /> budget before certifying the levy to the County, but a budget meeting could be <br /> ,2 88 9(25/72 "" lQ <br />