02/22/1984 Meeting - Laserfiche WebLink

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e e - VI. DOWNTOWN DEVELOPMENT DISTRICT AD VALOREM PROPERTY TAX MEASURE (memo distributed) City Manager Micheal Gleason introduced the agenda item. Financial Services Director Warren Wong presented the staff report, stating that the Free Parking Program and other activities in the Downtown District are supported by a Gross Receipts Tax on retailers, a Professional Tax, and an Ad Valorum Tax on the right to own property in the district. He said the City Attorney's Office has advised staff that the Ad Valorum Tax be put to a vote each year. He said the resolution will place the measure on the primary election ballot in May. Mr. Wong explained that the measure will not cost the City any money if it is placed on the May ballot. Res. No. 3837--A resolution referring measure No. 51 to the legal voters of the City of Eugene, authorizing the City to tax owners of property within the Downtown Development District $190,000 outside the consti- tutional six-percent limitation for 1984-85. Mr. Obie moved, seconded by Ms. Wooten, to adopt the resolution. Roll call vote; the motion carried unanimously, 7:0. CB 2727--An ordinance ordering an election to be conducted by the Lane County Elections Department on the 15th day of May, 1984, for the purpose of submitting to the legal electors of the City of Eugene a measure authorizing $190,000 tax on ownership of real property in Downtown Development District; adopting polling places and providing for all acts necessary for the carrying on of said election; and declaring an emergency. Mr. Obie moved, seconded by Ms. Wooten, that the bill be read the second time by council bill number only, with unanimous consent of the council, and that enactment be considered at this time. Roll call vote; the motion carried unanimously 7:0. Council Bill 2727 was read the second time by council bill number only. Mr. Obie moved, seconded and given final passage. voting aye, the bill was No. 19231). by Ms. Wooten, that the bill be approved Roll call vote; all councilors present declared passed (and became Ordinance VII. FINANCIAL MANAGEMENT POLICIES (memo, background information distributed) City Manager Micheal Gleason introduced the agenda item. Finance Director Warren Wong presented the staff report, reviewing his February 13, 1984, memo- randum to the City Council which listed the Budget Committee concerns on the policies. Mr. Wong stated that the Budget Committee did not recommend any specific changes to the policies. MINUTES--Eugene City Council February 22, 1984 Page 6