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Session 1308, Minutes Page 13 May 24, 1982 BILL NO. 7536 - ORDERING THE LEVY AND FIXING THE RATE OF TAXES TO BE COLLECTED IN UNIVERSITY CITY FOR THE FISCAL.YEAR 1982-83... A bill was introduced by Councilmember Metcalfe, entitled: "AN ORDINANCE ORDERING THE LEVY AND FIXING THE RATE OF TAXES TO BE COLLECTED IN THE CITY OF UNIVERSITY CITY FOR THE FISCAL YEAR 1982-83, TO PROVIDE FOR THE GENERAL REV- ENUE, TO PROVIDE FOR THE ESTABLISHMENT AND MAINTENANCE OF A FREE PUBLIC LIBRARY AND READING ROOM, TO PROVIDE FOR THE PAYMENT OF INTEREST AND THE ESTABLISHMENT OF A DEBT SERVICE FUND FOR ALL OUTSTANDING BONDS OF THE CITY, AND TO PROVIDE FOR A POLICE AND FIREMEN'S RETIREMENT FUND." The bill was assigned No. 7536 and given its first reading. MISCELLANEOUS Mayor Mooney called attention to a communication from the Historic Preservation Com- mission relative to negotiations for the copper from the City Hall roof (which is to be replaced). He asked Mr. Ollendorff to do whatever was necessary to cooperate i~ with the Historic Preservation Commission. 1 Mr. Lieberman asked Mayor Mooney if he would like to have the Couacil's support in the.matter_of the upcoming $600,000,000 statewide bond issue which is to be voted on June 8. The Mayor said that support would be very welcome. Mr. Lieberman so moved. Mrs. Metcalfe said everyone should be very appreciative of the enormous amount of time and effort the Mayor has devoted to this bond issue. It was noted that many new jobs are expected to result if the bond issue is successful, in addi- tion to the fact that many maintenance projects, such as floodwater control will be accomplished. Mrs. Metcalfe asked how this would be accomplished without a tax in- crease. Mr. Lieberman said the bond issue authorizes the state to borrow money and it is expected to be repaid by increased revenues and savings on various projects which will result from increased efficiency, energy saving measures and eventually in decreased maintenance costs. Mr. Lieberman said this money can also be factored against federal dollars for certain capital projects, and it was estimated that the bond issue might attract as much as two billion dollars in leveraged funds. Mr. Schoomer seconded Mr. Lieberman`s motion, with all voting Aye. Mr. Lieberman said he was very pleased to see that the Superintendent of Schools and City Manager had agreed on the school safety program elements, particularly af- ter the vast changes which have taken place within the school district because of school closings. He asked if the school crossing positions were included in the 1982-83 budget, and Mr. Ollendorff said they were. Mr. Adams brought up the matter of the 518c. sales tax proposed by Mayor Schoemehl of St. Louis and St. Louis County Executive Gene McNary, which-is to be on the Aug- ust 3 ballot. Mr. Adams was somewhat concerned about whether or not the tax would be used for its intended purposes, considering that only part of the transportation sales tax going to St. Louis County was being used for mass transit, and the rest was being used for peripheral transportation. He said University City should ask the County Executive to allocate money for University City senior citizen transpor- tation instead of loaning it to the state for road building. He made that motion. Mr. Lieberman said he.would like to second the motion, with certain provisos, not- ing that there were many things concerning the transportation tax that needed to be