09/21/1977 Meeting - Laserfiche WebLink

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~. ~ . VII. Authorization for street paving, sanitary sewer, and storm construction on Best Lane from lone Avenue to 1300 feet north Res. No. 2757--Authorizing initiating process for street paving, sani- tary sewer, and storm construction on Best Lane from lone Avenue to 1300 feet north (1494) was read by number and title. Mr. Hamel moved, seconded by Mr. Delay, to adopt the resolutjon. Roll call vote. Motion carried unanimously. VIII. Acce tin bid and awardin sale of 1977 General Obli ation Warrants Flnance memo has een dlstrlbuted to Councll members Mr. Delay asked for a general assessment of how over-extended the City of Eugene is in terms of bonding capacity. Finance Director noted that state law provides for a limitation of three percent of the assessed evaluation. He said that, in its present position, the City could offer $18 million and still be within the three percent limitation. He noted that two bids were received "today"--one from u.s. National Bank for 4.43 percent and one from First National Bank for 4.20 percent. The resolution authorizes accepting the low bid and issuing the warrants. Res. No. 2758 --Awarding sale of General Obligation Construction Warrants e to First National Bank in the amount of$!1',O()2~OJ{~: was read by number and title. Mr. Hamel moved, seconded by Mr. Delay, to adopt the resolution. Roll call vote. Motion carried unanimously. ) IX. Approval of Council Minutes Mr. Hamel moved, seconded by Mr. Delay, to approve the Council minutes of September 6 and September 14, 1977. Roll call vote. Motion carried unanimously. x. Feasibility of Source Separation of Solid Waste Jeff Detlefsen, Department of Environmental Management for Lane County, said that, in an attempt to investigate the feasibility of diverting recoverable resources from the waste stream and returning them to industry as secondary materials, Lane County is embarking on a feasi- bility study which will involve collection of residential recyclables at the source. Lane County's annual expenditure to promote and investi- gate recycling at the source has reached $144,000 per year. Twenty percent of that total is budgeted for the feasibility study. In addi- tion to the feasibility study's budget, he said, Eugene garbage haulers have offered to cover expenses of collection and marketing the recyclables produced by the feasibility study. The study is an effort to determine the feasibility of door-to-door collection of residential recyclables. e -, /8 9/21/77--5