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1,, 492 <br /> �:. November 5 1980 <br /> He said thewere w e t ee project g oups a The f st <br /> was resto ationof neighborhoods,t lized <br /> 1 d <br /> industrial popY,and the third,would be to renew commereva an <br /> employment centers <br /> On will be <br /> October <br /> representatives draft had <br /> enta s andHexpecthrespo se from UOA meeting <br /> on November <br /> b,, <br /> Decembembe with trues <br /> Presidentr. <br /> Pro Tem Baker asked if anyone else wished to speak and no one <br /> replied. <br /> i.7 Moved by Councilman Gipson,seconded by Councilman Langur,to close the <br /> public eary 9 <br /> 1' Roll was <br /> with all Councilmen voting yes,except President Overstreet, <br /> who wexcused. <br /> Motion Carried <br /> PUBLIC HEARING RESOLUTION lCB 8011-456) <br /> {.{.'•.:. Bruce Jones,ACityAttorney, d <br /> the Council <br /> the City has <br /> idpendentlydevelopedproject to provide <br /> water filtration for the <br /> Sultan <br /> River water supply system. This project <br /> responsetquality <br /> • problems a Stand f water He this <br /> is being etedt tif Project isnot completed, <br /> regulator,o x efiltration facilities,prohibitionf <br /> use t g point,and constraints <br /> industrial,on ure commercial <br /> and residentiallb is <br /> by the Stateorifes. heAs s being told that concurrently <br /> with the atproject the City and Snohomish County 1c <br /> Utility92012 antlydevelopingg tiRiverhydroelectric <br /> project toco thea shortage of electrical energy in a Everett <br /> and Snohomish C G is being told of the financing capabrty <br /> of both the dasconcluded t an <br /> finance 1 rojectt h sale of water revenuebonds. <br /> rs involve a caywith <br /> 5 <br /> them atrHowever,thisderably less thnthe 46. millionof <br /> needed for the water filtration f s and does not provide for financing <br /> oft a 231 million required to construct <br /> the small hydro portion o_the <br /> Sultan River project. <br /> The ecapability t finance t 157.9 millionniSiltRiver <br /> roeDistrict exct <br /> excluding the potential cost filtrationfacilities. Now <br /> that it has been determined that both projects must he constructed <br /> concur- <br /> rently,the future of boy projects seconomy t area <br /> is further jeopardized. sadthe a onwx st million <br /> dollars f 0tlhoitoproposed water cplant <br /> and/or of the head hydroelectricchlectassoiatedwit <br /> h <br /> e <br /> P.U.D.Sultan Basin project. He asked that Council adopt the resolution <br /> before <br /> them. <br /> Pro-TemPresidene further wished to speak on this <br /> proposed tresolution and to one replied. <br /> 6 Moveby Councilman Alderoft,seconded by Councilman Langur,to close the <br /> public hearing. <br />