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Al last we add Oregon to a
growing list of growing opposi
tion to the oppressive policies
of the South African govern
ment said Rep. Margret Carter
OPortUnd. primary sponsor of
the bill.
"We will no longer allow our
money to be used to oppress the
people of South Africa,’ she
said.
“Some of us have voted for
this measure several times.”
said Vera Katz. D-Port land,
speaker of the House.
“Several of us thought this
would happen last session and
now it is not only time to thank
the legislators but it is time to
thank the governor." Katz said
In late April the long
contested legislation glided
through the House 5t-M and this
mouth gained strong Senate ap
proval on a 22-fl vote.
Divestment legislation has
been considered by the
legislature in each of the past
five sessions. Carter said.
legislative sessions an? held
once every two years in Oregon.
In the 1979 session the bill
died in committee. In following
years the bill has moved closer
to passage, and in 1985 the bill
gained approval in both the
House and the Senate, Then
Gov, Vic Atiyeh. however,
refused to sign the bill into law
Atiyeh refused to sign the
bill, Carter said, in part because
State Treasurer Hill Kutherford
did not believe the move would
la? prudent and could hurt
Oregon investors.
Karlier this session, however.
Rutherford approved a plan to
liquidate $8(HI million in state
funds invested in South Africa.
The bill, however, would not
allow divestment of state funds
“through the back door," Carter
said. "That’s something we
couldn't get.” she said
These types of back door in
vestments would include
money invested in international
corporations that in turn have
invested money in South
Africa, she said.
She noted :tf> major corpora
tions have pulled finances out
of South Africa.
During the last gubernatorial
race, Goldschmidt, as part of his
campaign platform, said he
would support legislation to
divest state funds from the
racially tom African nation.
The bill will take affect 00
days from the day it was signed,
and at that time the state will
have to begin withdrawing
money from South African
investments.
Renovation(ontinucd from Pjro.1
hell In addition. “Without the
help of Dale Grace and Bill Mc
Chesney and the Oregon Track
Club, we couldn't have done
it." Uix said. Although Dix said
he is obviously pleased with the
vote, there still Is much to be
done
“We've gone from being
almost ready to give up to ela
tion." said McChesney, who is
president of the OTC.The
300-member OTC's main objec
tive is to help University track
and field programs and main
tain the continual upgrading of
the Hayward facilities. It
already has helped to raise
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$460,000 of the estimated $1.H
million necessary for im
provements. he said.
"(Hayward Field) won't boon
the level of Tampa or In
dianapolis. but we will have a
facility that matches our reputa
tion," said Sen. Grattan Kerens.
I)-Eugene. Kerens said he
believes track and field pro
vides the greatest sports con
tribution to the city and state,
both in terms of the positive
economic impact and image to
Oregon. "The bill is a recogni
tion of that," Kerens said.
The renovation is long over
due and necessary to keep
Eugene in first-class competi
tion. Kerens said.
Money from the sale of the
(muds will tie used to renovate
Hast and West grandstands and
West Grandstand Field House,
resurface and reconfigure the
main Hayward track, build a
new warm-up track, weight
room and storage structure.
The University Athletic
Department, whic h initially had
reservations about how the
bonds were to be repaid, was
pleased with the advancement
of the bill, according Sandy
Walton, assistant athletic direc
tor for financial management.
The cities of Kugene and Spr
ingfield tentatively have agreed
to a 0.5 percent increase in the
local room tax, which is ex
pected to raise about $00,000 a
year
In addition, lame County has
agreed to contribute another
$10,tK»0 a year from its percen
tage of the room tax. The
University has pledged to con
tribute an additional $15.INN)
yearly to the project, which
would come primarily from a
surcharge on tickets for
Hayward Field track nu>ets.
■ JH5 2046
Shu S/ung Chen
Fathom 9 PwtfBM Photography