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she was unaware of the County action and would follow up on this. <br /> <br />Councilor Kelly commented that the council had not held an executive session to discuss significant legal <br />issues in quite some time. Mr. Taylor agreed, and suggested that one be scheduled as soon as there was <br />time available. <br /> <br />Councilor Bettman said she would support the budget, but wished to reiterate for the record her opposition <br />to the Public Works property purchase. <br /> <br />Councilor Bettman opposed the expenditure of $69,306 of Road Capital Fund money on the Lone Oak <br />Drive widening project as it was money that could be spent on preservation and maintenance of existing <br />roadways. She asserted that the project had resulted from a petition by three property-owners and by virtue <br />of the petition the project had moved to the top of the queue. She advocated for revisiting the rules that <br />governed such petitions. She felt this should be looked at within the context of how the road funds could be <br />prioritized better. <br /> <br />In response to a question from Councilor Papd, Ms. Murdoch surmised that item (d) on page 148 of the <br />packet was "Homeland Security" money funneled through the State. <br /> <br />Regarding item (b) on page 150, Councilor Papd asked if the endowment was something the City did not <br />feel able to handle. Ms. Murdoch said that it was hoped the foundation would be better equipped to make <br />investments and handle the fund as an endowment. <br /> <br />Councilor Papd expressed concern regarding item (e) on page 155. He asked why this was being done in <br />the supplemental budget and why it was not being put in the next year's budget and run through the <br />"normal" process. Ms. Murdoch replied that the $4,500 in question was a result from a contract that was <br />no longer being used. She commented that Public Works probably could do without the money this year. <br /> <br />Kurt Corey, Public Works director, said staff would provide a memorandum on why it was included in the <br />supplemental budget, adding that the goal was to balance out the budget. <br /> <br /> Councilor Bettman, seconded by Councilor Poling, moved to adopt Resolution 4788 adopt- <br /> ing a Supplemental Budget; making appropriations for the City of Eugene for the Fiscal <br /> Year beginning July 1, 2003, and ending June 30, 2004. <br /> <br />Councilor Meisner expressed support for the motion. He commented, regarding the Gierhart endowment, <br />that the foundation was better able to invest the money mentioned in the budget. He pointed out, however, <br />that there was an additional $320,000 that was not being put into the foundation, but rather was being put <br />into library reserves. He acceded that staff's rationale for putting it in the reserve fund was valid, but <br />opined that it was not consistent with the bequest. He felt that, instead of being used for library funds, it <br />was being made available to cover a potential general fund shortfall. He said he would not oppose to <br />transfer $1 million in this budget proceeding, but likely would seek to transfer a larger portion of the <br />bequest to the foundation for investment for endowment purposes. <br /> <br /> Roll call vote; the motion to adopt Resolution 4788 passed unanimously, 8:0. <br /> <br />MINUTES--Eugene City Council March 8, 2004 Page <br /> Regular Session <br /> <br /> <br />