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two years. And in two years, he added, the community's priority need might be something other than the <br />library. <br /> <br />In response to a question from Mr. Tollenaar, Mr. Meisner said branches would not mean that the community <br />could get away with a smaller main library. He explained that storefront branches were mostly for <br />recreational use, with a main branch for research and other uses. <br /> <br />Addressing a question from Mr. Laue, Mr. Johnson said that once the council's direction was clear and if it <br />included branches, staff would research all the possibilities including branches in schools. Mr. Meisner added <br />that public input included experience with branches in schools and the feedback indicated that they were not <br />the favored approach; at best, they had a mixed track record. <br /> <br />Mr. Lee noted public enthusiasm for a new library and said he had not perceived the same level of enthusiasm <br />for parks. <br /> <br />Ms. Swanson Gribskov said she assumed the library committee was considering revenue realized from the <br />City's sale of assets, adding that branches might be more affordable if they were phased in. <br /> <br />Mr. Tollenaar asked for a definition of"maximum indebtedness." Sue Cutsogeorge, Financial Management <br />Services, referred to a wall chart describing that the phrase referred to a "ceiling that, once adopted cannot be <br />changed" and that was based on a good faith estimate of the cost of the projects being completed in the Urban <br />Renewal Plan. She indicated that the figure included the principal amount of a library bond and any future <br />expansions, fund administration costs, and existing projects (improvements to the Overpark). She noted that <br />the interest on the bond and payments on existing bonds (for the conference center and Parcade) were not <br />counted in that figure. Ms. Cutsogeorge said the administrative costs were based on reduced costs as <br />presented to the Budget Committee. She explained how staff arrived at the figure, saying it could be refined <br />as the final plan was developed and refinements made. Referring to her May 26, 1998, memorandum, Ms. <br />Cutsogeorge said it was uncertain how much will be available in the future through urban renewal for a <br />library. <br /> <br />The meeting adjourned at 7:28 p.m. <br /> <br />Respectfully submitted, <br /> <br />James R. Johnson <br />City Manager Pro Tem <br /> <br />(Recorded by Yolanda Paule) <br />R:~1998~Admin Services~CIS~Council~CC980526. ml. wpd <br /> <br />Minutes--Eugene City Council May 26, 1998 Page 4 <br /> 6p.m. <br /> <br /> <br />