03/24/1975 Meeting - Laserfiche WebLink

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would be extended from ten years to twenty years ~hi~h would have the effect of reducing each six-month payment. Also, during the last half of the 20- year term there would be a 3% reduction in the interest rate. The proposal would make more people eligible for deferral. . Councilman Murray asked how many people had used the current policy and whether staff review of the proposed policy, if adopted, was anticipated to determine whether the amendment significantly broadened the policy. Assistant Manager answered that he was aware of only one application for deferral under the current policy. A review of existing assessments revealed about 14 who may be eligibile under the proposed program and would represent about $35,000 in assessments if they take advantage of it. If the amendment is adopted, those who may qualify would be notified to see if they want to take advantage of the program. He added that staff does intend review of the program because of budgetary implications. No money was budgeted this year for the program but there would have to be an annual review and status report each budget season in the future. Council Bill No. 761 - Amending Sections 7.190 through 7.194 of Eugene Code re: Extending hardship assess- ment deferral program was read by council bill number and title only, there being no Council member present requesting that it be read in full. Mr. Murray moved second by Mr. Keller 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. Councilman Bradley wondered if definitions of the terms "deferral," "modifica- tion," and "extension" should be defined in the body of the ordinance for . clarificiation rather than leaving it to interpretation. Assistant Manager answered that notices going out to those who might qualify under the program would be written explicitly so there would be no question of communicating the intent. It would not be a matter of relying on the ordinance language. Vote was taken on the motion for second reading. Motion carried unanimously and the bill was read the second time by council bill number only. Mr. Murray moved second by Mr. Keller that the bill be approved and given final passage. Rqllcall vote. All Council members present voting aye, the bill was declared passed and numbered 17281. 2. Establishing Downtown Parking District Property Tax for 1973-74, 1974-75 Assistant Manager explained that because some problems were being encountered in collecting property taxes on downtown renewal properties, staff recom- mended this ordinance as the most reasonable method of holding the property owners accountable. It would make the property tax a personal liability of the property owners rather than waiting five years for a lien foreclosure through the county's process. (1723) Public hearing was held with no testimony presented. Council Bill No. 762 - Establishing Downtown Parking District property ~ tax for 1973-74 and 1974-75 was read by council 111I bill number and title only, there being no council members present requesting that it be read in full. 3/24/75 - 4 l~g,: t.rT.