CCMinutes - 03/31/04 Hearing - Laserfiche WebLink

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Councilor Poling accepted the friendly amendment. Councilor Bettman asked if there was significance to removing the language ~amended to." Mr. Lidz responded that, while he felt it significant, he did not think there was legal significance nor did he think that it would invalidate the language. Councilor Bettman offered the following as a friendly amendment: ~... establish max/mum $34.8 million of indebtedness..." Mr. Lidz advised the council that the plan did not establish that indebtedness. Councilor Pap~ did not accept the friendly amendment. In response to a question from Councilor Bettman, Councilor Pap~ said the number amount was more appropriately placed in the statement. Councilor Taylor said she would likely vote for the amendment, but that she wished there was assurance that the amount would be included in the statement. Mayor Torrey called for the vote. The motion passed unanimously, 7:0. Councilor Solomon was excused. Councilor Bettman, seconded by Councilor Taylor, moved to substitute the word %timulat- ing" with the word %ubsidizing" in the statement from version 2, as submitted by Mr. Nicholson. Councilor Kelly opined that neither %timulating" nor %ubsidizing" were neutral. In response to a question from Councilor Pap~, Mr. Lidz said the statement could be no longer than 175 words. Mr. Nicholson asked for and received permission to speak. He felt the amount of the maximum indebted- ness could not be included as there was already existing debt. Councilor Pap~ agreed with Councilor Kelly regarding the aforementioned two words. Councilor Pap~ said property taxes were not being diverted in entirety. He stressed that the amount in question was an incremental amount and without such a district the increase in property value which would increase the property tax revenue would not be realized. Councilor Taylor opined that the word %ubsidize" was %lear and honest." MINUTES--Eugene City Council March 31, 2004 Page 4 Special Meeting