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M I N U T E S <br /> <br />Eugene City Council <br />Work Session <br /> Meeting of the Eugene Urban Renewal Agency <br />McNutt Room <br />777 Pearl Street—Eugene, Oregon <br /> <br /> November 12, 2008 <br /> Noon <br /> <br />COUNCILORS PRESENT: Mike Clark, Jennifer Solomon, Bonny Bettman, Andrea Ortiz, Alan Zelenka <br />(via telephone), and Chris Pryor. <br /> <br />COUNCILORS ABSENT: Betty Taylor, George Poling <br /> <br />Her Honor Mayor Kitty Piercy called the meeting of the Eugene City Council to order at 12:02 p.m. <br /> <br />A. WORK SESSION: Road Fund Status and FY10 Budget Strategy <br /> <br />City Manager Jon Ruiz noted that the budget process surrounding the Road Fund had been ongoing and <br />required creative input to ensure the operation of the City’s street system. <br />Mr. Ruiz introduced Public Works Director Kurt Corey, who presented “City of Eugene Transportation <br />System Funding” chart information for the council. He reminded them of the three main components of the <br />transportation system funding process: operations and maintenance, capital preservation and new <br />streets/enhanced capacity. Mr. Corey further noted that his comments in the work session would focus <br />primarily on funding issues related to Transportation System Operations and Maintenance (O&M). <br />Mr. Corey briefly reviewed the funding sources for the O&M activities as listed in the “Financial and/or <br />Resource Considerations” section of the agenda item summary. He commented that the projected cost of <br />O&M services for FY08 was slightly in excess of $10 million but that projected revenues for O&M were <br />slightly less than $7 million. <br />Mr. Corey noted that while funds from O&M could be transferred into capital preservation and vice versa, <br />neither of those sections could be used to fund new streets/enhanced capacity. <br />Mr. Corey noted that the roughly $3 million revenue shortfall for O&M was the result of decreases in the State <br />highway trust fund and Oregon Transportation Investment Act III (OTIA) revenues, the loss of funding <br />partnerships with Lane County and various increases in operating costs. <br />Mr. Zelenka phoned in to the work session at 12:10 p.m. <br />Mr. Corey said that the O&M funding shortfall would need to be addressed for FY10. Mr. Corey provided an <br />overview of Public Works’ recent strategies to assess the budget shortfall as described in the “Cost- <br />Containment and Efficiency Initiatives” section of the agenda item summary. He added that the council <br />subcommittee formed after the completion of those initiatives had recommended a variety of additional <br />strategies including a 3% local gas tax, a parking transportation utility fee, lighting fees for street lights, an <br />additional bond measure, and a solid waste collection surcharge. <br />Mr. Corey noted that the current set of Transportation System recommendations were designed to address the <br />$4 million O&M budget shortfall for FY10. He then directed the council to the description of the “Illustrative <br /> <br />MINUTES: Eugene City Council November 12, 2008 Page 1 <br /> Work Session <br /> <br />