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exemption for property located 433 West 8th Avenue, Eugene, Oregon, (Tax <br /> Lot: 17-03-31-21-16300) (Mainstream Housing Incorporated). Roll call vote; <br /> the motion passed unanimously. <br /> <br />V. ACTION: Resolution 4704, a Resolution of the City of Eugene, Oregon Authorizing Limited <br /> Tax Pension Bonds <br /> <br /> Councilor Kelly, seconded by Councilor Pap~, moved to approve Resolution <br /> 4704, a resolution of the City of Eugene, Oregon, authorizing limited tax <br /> pension bonds. <br /> <br />In response to a question from Councilor Rayor regarding the amount of the bond, Ms. <br />Cutsogeorge said the amount of the resolution was not specific. She said the amount would be <br />whatever it took to cover the unfunded pension liability. She estimated $68 million. <br /> <br /> Roll call vote; the motion passed unanimously. <br /> <br />The meeting adjourned at 9:50 pm. <br /> <br />Respectfully submitted, <br /> <br />James R. Johnson <br />City Manager <br /> <br />(Recorded by Joe Sams) <br /> <br /> MINUTES--Eugene City Council January 28, 2002 Page 8 <br /> Regular Session <br /> <br /> <br />