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<br />J'i5'1q <br /> <br />by the voters after they approve this .amendment. <br /> <br />(4) This amendment has effect only if the voters <br /> <br />approve Ballot Measure No! 52 on May 20, 1980~ <br /> <br />MEASURE NO. 52 <br /> <br />MEASURE SUBMITTED TO THE <br />VOTERS, BY THE CITY COUNCIL <br /> <br />, , <br /> <br />A MEAS,URE. <br /> <br />Sh,all a new tax base of $21,.250,000 be eS.tabli.shed <br /> <br />for the City of E~gene b~ginni~9 July 1, 1980? <br /> <br />THE CITY OF EUGENE DOES ORDAIN AS FOLLOWS: <br /> <br />BE IT ENACTED BY THE ELECTORS O~ THE CITY OF EUGENE, <br /> <br />OREGON: <br /> <br />Sect'ion It! A new. tax bas:e of $'21,250,000 ,i.s hereby <br /> <br />established for th,e City of E~gene" b~9inni~g July 1, 1980. <br />Section 2.. The p'urpose of this. measure is to comply <br />with the mandate of the Or~gon L~gislative Assembly, ex- <br /> <br />pressed in Sections' 53 and. 54 of Ch.apter 241 of Or~gon Laws <br />1979, that the City submit to tts 'voters du.ri~g 1980 Uthe <br />question of establish,i~g ~ new' ta4 basel.' for the City in <br />lieu of the City's present tax ba~e under Article XI, Sec- <br /> <br />tion 11, of th.e OI;~gon Consti.t-ution~ <br /> <br />Secti.on 3. The Ci.,ty' is re.qui,red by th.e State 1979 <br /> <br />Property Tax Relief Act to submit to its voters a proposed <br /> <br />new tax base. Thi's proposed new base would be $21,250,000, <br /> <br />would help finance 'needed municipal services b~ginning July <br />1, 1980, and would allow lo~g ra~ge financial planning for <br />subsequent years. The 'new base would update the City's pre- <br /> <br />Ordinance - 3 <br />