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December 18, 2013 <br /> Adopt Resolution concerning deployment of City of Everett CDE <br /> LLC New Markets Tax Credit. <br /> Presented by Tim Benedict, Legal; <br /> Bryan McDonald, Whidbey Island Bank <br /> Discussion ensued regarding the loan process under the New Markets <br /> Tax Credit Program. Council Member Murphy asked whether there is any <br /> credit risk to the City on the loans made by Whidbey Island Bank. Tim <br /> Benedict, Legal, replied that there is no risk to the City. <br /> PROPOSED ACTION ITEMS <br /> COUNCIL BILL NO. 1312-49 <br /> SECOND READING: <br /> AN ORDINANCE related to the International Residential Code, <br /> amending Section 1 of Part 2 of Ordinance No. 3196-10 (Chapter <br /> 16.01.010 EMC) <br /> COUNCIL BILL 1312-50 <br /> SECOND READING: <br /> AN ORDINANCE closing the Special Improvement Project entitled <br /> "Kasch Park Soccer Field #1 Replacement", Fund 354, Program <br /> 040, as established by Ordinance No. 3264-12 <br /> CONSENT ITEMS: <br /> Moved by Council Member Murphy, seconded by Council Member <br /> Bader, to approve the following consent items: <br /> 357 <br />