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1981/04/22 Council Minutes
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1981/04/22 Council Minutes
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10/16/2020 10:25:43 AM
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Council Minutes
Date
4/22/1981
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1]3 <br /> k_ April 22,1981 <br /> k. <br /> 4, <br /> It.olivers said the total estimated <br /> tonts is <br /> tal estimrov 110 01,9401t00s10 a bethpavethr°ugh the <br /> �.' mwillecontribute 1$2,405,000;aM cftySllver <br /> ,, 0111011/09 a t contzabuto$1,10enfo1,a <br /> [:_, grant. <br /> 1011 009 0111 0100110009l5],825,000 of a state <br /> All assessmentsre calculated as follows. <br /> xndiv0rth1Are cep r ge(Acres)X L.I.0.share of improvements'Assessment <br /> xe said P e Reece <br /> being crea nt past A 60 p otest wou prevent the L1O from e <br /> hcomment <br /> that it r r£rare th 0of E <br /> appears there will be problem <br /> lem w with grant money <br /> Pe M t of som=i'4w x ectedhcome be <br /> P. <br /> r.Vo hoes th d that it make a #1. th d u <br /> otter rom OE moundaries ofkthe a Ll would be o e Exhibit <br /> t2. - 11 <br /> slidesnshownhbybCH2M-H111 would be marked980110tk#3.E hibitng2. The <br /> Dick <br /> 6 financing orepresenting treported t interim <br /> uldbthrough nal b with local <br /> . LID or revenue bonds rithexaudb <br /> e more <br /> ketable and <br /> have a <br /> er interest <br /> rate. He said 13,is the <br /> ate,nterest rate today and it would <br /> be <br /> unknownb1 L what <br /> ap rmanent financing. However, <br /> : revenue bonds wonld bthe <br /> mt beard ebe when nthese dbondsewerrewissued. <br /> 98 9 c 011 thenoread protest from Associated y f f <br /> Z=21=ea xhrbvt M4. cfa a an which was <br /> Councilman Overstreet <br /> elt Associated was not <br /> :, actually menu. approved it.£ protesting <br /> They we just protesting the method of assess- <br /> and Gravel who wished t peak and no ane Plrea, g Associated Sand <br /> ict of wcamaras a lbom t Snoomih c y blvc"III" <br /> The <br /> siden <br /> no onoer t then asked v;.anyone.9 s presentrepresenting the PED and <br /> A lktate0801010Ear,E chop,of 6 -68thEt <br /> y further comments.marReichelt w prose but <br /> ut did not wish to make 'fl <br /> Nichols,Lyle axre assessment was too high. He said Narbeck Road,felt the 06400 Pe, <br /> " <br /> he was protesting the LID unless <br /> hishboo classlrohertY uld be0up-zoned from the R-1 Hubur an6OPe pace,One to <br /> I <br />
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