06/25/1980 Meeting - Laserfiche WebLink

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. other items. The Budget Committee should approve this unless it can be funded by room tax funds. Ms, Schue noted that Ms. Smith's and Mr. Obiefs comments are logical, but she said this is a special case as they have demonstrated a good track record. She said she was impressed with the planetarium and would support the request. Mr. Delay said he would like the Budget Committee to consider this item. Mr. Henry said this request has been made at this time because the money is needed for this year's operation. The request was made two or three weeks ago, If there is a Budget Committee meeting within the next two weeks, it could be brought before the committee at that time, and placed on the September ballot. Ms. Smith said she would like the item to go before the Budget Committee. Mr. Lieuallen asked what the level of funding would be. Mr. Henry responded $12,600 for this year. Consensus was to include this item in the Budget Committee discussions which are to be held in the next two to three weeks. Mayor Keller indicated this was a fine investment. Mr. Hamel left the meeting. IV. ORDINANCE ADOPTING 1980-81 ANNUAL BUDGET Mr. Henry said this ordinance includes items in the Tier 2 budget and can be amended 1 ater . If there is to be another budget request on the September 16 e ballot, there will have to be a Budget Committee meeting. This election was close, with the budget being defeated by only 140 votes. He urged that the City reconsider Tier 2. He said that July 10 could be the date for a Budget Committee meeting, and on July 14 the council could act on the item. Informa- tion could be prepared and strategies devised for the September election. CB 2162--An ordinance adopting the budget; making appropriations; and determining and levying the annual tax for the City of Eugene for the fiscal year beginning July 1, 1980, and ending June 30, 1981; and declaring an emergency. Ms. Smith moved, seconded by Mr. Lieuallen, 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. CB 2162 was read the second time by council bill number only. Ms. Smith moved, seconded by Mr, Lieuallen, that the bill be approved and given final passage. Roll call vote, All councilors present voting aye, the bill was declared passed and numbered 18670. V. AWARDING BIDS FOR GENERAL OBLIGATION BANCROFT IMPROVEMENT AND GENERAL OBLIGATION PARKLAND ACQUISITION BONDS SALES e' Mr. Henry said that U. S. National Bank of Oregon bid a true-interest rate of 5,87792 percent on the principal amount of $3,850,000 of General Obligation 6/25/80--11