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<br />4It Council Bills 4122, 4123, 4124, 4125, 4126, and 4127 were read the second <br />time by bill numbers and titles only. <br /> <br />Ms. Bascom moved, seconded by Mr. Rutan, that the bills be <br />approved and given final passage. Roll call vote; all <br />councilors present voting aye, the bills were declared passed <br />(and became Ordinances Nos. 19596, 19597, 19598, 19599, 19600, <br />19601). <br /> <br />IX. RESOLUTION REGARDING DOWNTOWN DEVELOPMENT DISTRICT TAX ELECTION <br /> <br />Res. No. 4110--A resolution of the City of Eugene, Lane <br />County, Oregon, calling a Special Election on <br />March 28, 1989, to submit to the voters of the <br />city a measure authorizing $190,500 tax on the <br />ownership of real property in the Downtown <br />Development District. <br /> <br />City Manager Mike Gleason introduced the topic. Warren Wong, Finance <br />Division, reported that the election was scheduled for March because by <br />combining it with another City item, election costs could be reduced. <br /> <br />e <br /> <br />Mayor Miller inquired whether the appearance of this ballot measure would <br />have an impact on the library issue being referred to voters in the same <br />election. He expressed concern that this measure would be interpreted as a <br />tax to fund the library. He suggested investigating adding the tax election <br />to the ballot in May (school district budget election). <br /> <br />Mr. Wong said a decision is required by February 15 in order to meet the <br />filing deadline for a March election. <br /> <br />Councilors agreed to postpone action on the item until their February 15 <br />meeting. <br /> <br />X. RESOLUTION ADOPTING FY88 COMPREHENSIVE ANNUAL FINANCIAL REPORT <br /> <br />City Manager Mike Gleason introduced the topic. Mr. Wong reported that the <br />audit of the City of Eugene's financial records for the fiscal year ending <br />June 30, 1988, disclosed no deficiencies in the financial records of the City <br />and no Management Letter was issued by the auditors. In Mr. Wong's <br />professional experience, this result was an accomplishment for which he <br />complimented the council. <br /> <br />Mr. Rutan described the results of the audit as a credit to the work of Mr. <br />Wong and his administration of the Finance Division. Mayor Miller suggested <br />that the financial records would add to the City's ability to upgrade its <br />bond rating. <br /> <br />e <br /> <br />MINUTES--Eugene City Council <br /> <br />February 13, 1989 <br /> <br />Page 13 <br />