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06/27/1988 Meeting
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06/27/1988 Meeting
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City Council Minutes
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6/27/1988
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<br />e III. PUBLIC HEARING: EUGENE RENEWAL AGENCY FY89 ANNUAL BUDGET <br /> City Manager Mike Gleason introduced the item. Mayor Obie opened the public <br /> hearing. <br /> Richard Gold, 1486 East 25th Avenue, Apt. B, noted that under operations <br /> there are nondepartmental interfund transfers of $650,846 and $150,408. <br /> Under operations in the Eugene Renewal Agency's capital development trust <br /> fund, he said there are nondepartmental miscellaneous fiscal transaction <br /> loans of $500,000. He said the council needs to be reminded that ORS <br /> 457.4404 does not allow interfund transfers or loans. <br /> Mayor Obie closed the public hearing and asked staff to respond to the <br /> testimony. <br /> Mr. Wong said he is not familiar with the specific citation by Mr. Gold. <br /> However, he said the City has been processing interfund loans and transfers <br /> allowed under ORS. He said the items noted by Mr. Gold are not interfund <br /> loans. He said there are no interfund loans in the tax allocation budget. <br /> The one interfund loan that did exist was rescinded and reversed based on an <br /> updated City Attorney.s opinion. <br /> Res. No. 934--A resolution of the Eugene Renewal Agency adopt- <br /> ing the budget and making appropriations for the <br />e fiscal year beginning July 1, 1988, and ending <br /> June 30, 1989. <br /> Mr. Holmer moved, seconded by Ms. Bascom, to adopt the <br /> resolution. Roll call vote; the motion carried unanimously, <br /> 8:0. <br /> IV. PUBLIC HEARING: CITY OF EUGENE SUPPLEMENTAL BUDGET #4 <br /> City Manager Mike Gleason introduced the item. Mayor Obie opened the public <br /> hearing. Hearing no requests to testify, Mayor Obie closed the public <br /> hearing. <br /> CB 3051--An ordinance adopting a supplemental budget; making <br /> appropriations for the City of Eugene for the fiscal <br /> year beginning July 1, 1987, and ending June 30, <br /> 1988; and declaring an emergency. <br /> Mr. Holmer moved, seconded by Ms. Bascom, that the bill, with <br /> the unanimous consent of the council, be read the second time <br /> by council bill number only, and that enactment be considered <br /> at this time. Roll call vote; the motion carried unanimously, <br /> 8:0. <br />-- MINUTES--Eugene City Council June 27, 1988 Page 4 <br />
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