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ORDINANCE No. 19358 AN ORDINANCE ORDERING A SPECIAL CITY ELECTION To BE CONDUCTED BY THE LANE COUNTY ELECTION DEPARTMENT ON NOVEMBER 5, 1985 FOR THE PURPOSE OF REFERRING To THE LEGAL ELECTORS OF THE CITY OF EUGENE A CHARTER A1~ENDMENT CREATING AN INCOME TAX, LIMITING RATE AND DEDICATING REVENUES; PROVIDING FOR ALL ACTS NECESSARY FOR THE CARRYING ON OF SAID ELECTION; AND DECLARING AN EMERGENCY. THE CITY OF EUGENE DOES ORDAIN AS FOLLOWS: Section 1. The City Council does hereby order an election to be held in the City of Eugene, Oregon concurrently with the special election on Tuesday, November 5. 1985, at which time there shall be submitted to the electors of the City for their approval or rejection, the following Measure, to-wit: Measure No. 51 SUBMITTED T4 THE VOTERS BY THE CITY COUNCIL Charter Amendment creating income tax, limiting rates and dedicating revenues. Should there be a City income tax for capital expenditures initially limited to 4/14 of taxable income and later l/4~? Charter Amendment creates city income tax. Limits tax rate to 4/14 of taxable income. Limits tax rate to 1/4% of taxable income when final payment for city airport and library improvements has been made. Dedicates income tax revenue solely to improvements to the city airport and library, other city capital expenditures and administration of the tax. THE CITY 4F EUGENE DOES ORDAIN AS FOLL4wS; BE IT ENACTED BY THE ELECTORS OF THE CITY GF E~7GENE, that the Charter of the City of Eugene is hereby amended to add the following provision thereto: There shall be a city tax on the income of residents of the city from whatever source derived, and on the income of nonresidents of the city derived from sources within the city. The tax shall not exceed the rate of four-tenths of one 1 - ordinance