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<br /> <br />2) Move to direct the City Manager to bring back a resolution directing that a measure be placed on the <br /> November 2008 ballot asking voters to authorize a capital local option levy for the purpose of <br /> providing funding for pavement reconstruction capital projects. <br /> <br />3) Move to direct the City Manager to bring back a revised TSMF ordinance with modifications to <br /> eliminate the flat base rate component, for the purpose of generating annual revenue to fund pavement <br /> preservation capital projects. <br /> <br /> <br />ATTACHMENTS <br />A. Staff Memo: Property Tax Funding for Pavement Preservation Projects <br />B. Overview of Property Tax Options - General Obligation Bonds and Capital Local Option Levy <br />C. Overview of Commuter Tax <br />D. Budget Committee Citizen Subcommittee “Interim Report on Transportation System <br /> Funding” and “Final Recommendation on Transportation Funding Issues” from 2001 <br /> <br /> <br />FOR MORE INFORMATION <br /> <br />Staff Contact: Kurt Corey <br />Telephone: 682-5241 <br />Staff E-Mail: kurt.a.corey@ci.eugene.or.us <br />L:\CMO\2007 Council Agendas\M070122\S070122B.doc <br />