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Residents raising funds to preserve land.


Byline: CITY BEAT/EUGENE By Edward Russo The Register-Guard

A group of Friendly Area residents are looking for Looking for

In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with.
 financial help to preserve a natural area in the middle of the city.

Residents need to raise $220,000 by year end to get control of two acres of undeveloped land at West 22nd Avenue and Madison Street. Their goal: keep the property, which they call Madison Meadow, from being developed for houses.

Residents for years have enjoyed the property for walks and blackberry picking, or just to get away from the bustle of urban life. Kids have a bike ramp there. Nature lovers estimate that fruit and nut Fruit and Nut some times known as Cadbury Fruit And Nut Bars are bars of milk chocolate with raisins and almonds which are made by Cadbury and based on their solid Dairy Milk bar, but containing nuts and raisins.  trees on the property attract 100 species of birds.

Youngsters "are not going to get this kind of experience in a manicured park," said Craig Haines, one of the fund-raising organizers. "The city wants to focus on open space, but the city doesn't have much money to buy land, so we are trying to help out."

Developer Paul Niedermeyer bought the property last year for $450,000, putting $200,000 as a downpament and giving an IOU IOU

An abbreviation of the phrase "I owe you."

Notes:
An IOU in the business community is actually a legally binding agreement between a borrower and a lender. The terms of the loan are set out in a contract, and, once it's signed, the two parties must abide by the terms
 to the seller for the rest.

Residents are forming a nonprofit group to buy the land from Niedermeyer by paying him $220,000 and taking over the mortgage, Haines said. Residents would need to raise another $250,000 in the next three years to make a balloon payment The final installment of a loan to be paid in an amount that is disproportionately larger than the regular installment.

When a loan is made, repayment of the principal, which is the amount of the loan, plus the interest that is owed on it, is divided into installments due at
 to the original owner.

For more information, visit www.madisonmeadow.org or call 683-3430.

Flush with cash

The price of a flush is on the rise.

Under proposed rates to take effect July 1, the average household monthly sewer bill in Eugene will increase to $16.59 from $13.84.

A typical household uses about 5,000 gallons of water a month that needs to be treated after it goes into the sewer line Noun 1. sewer line - a main in a sewage system
sewer main

main - a principal pipe in a system that distributes water or gas or electricity or that collects sewage
 and ends up at the Metropolitan Wastewater Management Commission plant off River Road.

Also, a one-time sewer fee on new development will rise from $529 to $997. Developers pay the fees but usually pass them along to homebuyers or renters.

The increases are necessary to pay for sewage treatment Sewage treatment

Unit processes used to separate, modify, remove, and destroy objectionable, hazardous, and pathogenic substances carried by wastewater in solution or suspension in order to render the water fit and safe for intended uses.
 plant improvements. The plant handles sewage from Eugene and Springfield. Springfield also is raising its rates.

Among other things, the capacity of the main plant near the Willamette River Willamette River

River, northwestern Oregon, U.S. It flows north for 300 mi (485 km) into the Columbia River near Portland. Oregon's most populous cities are in its valley. The Fremont Bridge, a steel arch with a main span of 1,225 ft (373 m), crosses the river at Portland.
 and Belt Line Road must be expanded to accommodate growth in the region for the next 20 years. Other upgrades are needed to avoid sewage runoff Runoff

The procedure of printing the end-of-day prices for every stock on an exchange onto ticker tape.

Notes:
If the "tape is late" then it can take a long time to print off all the closing prices.
 into the Willamette during heavy rains, and to meet more stringent regulations on ammonia pollution and the temperature of water discharged in the river.

Wastewater charges don't cover the cost of treating stormwater - the runoff from paved parking lots and public roads. An average Eugene residence is charged $7.08 a month for that purpose. Look for a possible 21-cent-a-month increase in that charge this summer, said Fred McVey, of the city's Public Works Department Many governments worldwide have had departments or ministries referred to as the Public Works Department either formally or informally.

In Australia: -

New South Wales -
  • Office of Public Works and Services, New South Wales
.

The hike, tentatively proposed by the Eugene Budget Committee, would fund cleanup of riverside debris such as junk at homeless camps.

Edward Russo can be reached at 338-2359 or erusso@guardnet.com.
COPYRIGHT 2004 The Register Guard
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:Government
Publication:The Register-Guard (Eugene, OR)
Date:May 23, 2004
Words:517
Previous Article:BRIEFLY.
Next Article:CALENDAR.



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