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507 <br /> • <br /> Nover.er 4,19B1 <br /> COUNCIL BILL NO. 8111-461 <br /> FIRST READING: <br /> AN <br /> lBand the City of Everett,Washington, <br /> ncefwater sewerrevenue bonds in thse of <br /> e <br /> princpaamount n $20,000,000f pa providingparo the funds required or,constructing filtration <br /> pand ma other additions improvements to thewater late of the adopting <br /> nmakingcertain f suc •hlan <br /> terms <br /> additions <br /> meta;providing <br /> pr vidingthee andcondition,u h bonds a futureprityy bonds be a,and providing f he man ofsale f such <br /> bons. <br /> PUBLIC HEARING- <br /> mike k city 2 Bwce7' <br /> • <br /> Treasur <br /> l 1982. He said the higher a actually <br /> brief revenue projec- <br /> tion ted <br /> all d.d h decline,4 the <br /> • <br /> •property2n the past, <br /> t e been appropriated directly to and <br /> that ppc Beginning in 1912,all property taeswill fbe <br />• wnras and "ch willLei ette <br /> ropertyhtax 9l levy <br /> anddunow s p it <br /> o tributed,He said the cash oraer determine thentotal <br /> ward projection for 19 a$665,000. increase <br /> 19e,half ce sales tax ismBs <br /> e due toxy82 ithevarious y rate increases enacted on 1981.He p consider bly • <br /> saiid f comparative stamate r • <br /> the 1982 e e$22,791,772 which • <br /> repre for <br /> a12.85 increase over <br /> Councilman Pope pointed out tMayor had <br /> 52 balanced bud theyhhe had severalp timed oche felbl w <br /> es t this <br /> budget enol a eat a without fnrearanaseios. <br /> • <br /> publio hear q a n Pope,seco.ed by Councilman Aldcroft to close the <br /> Councilman asked about the change in t telephone t and • <br /> Overstreet <br /> t legislature had changed the so that the <br /> sale Ce sccould <br /> ity not <br /> uld be taxed <br /> able bo taxthe <br /> city <br /> wt a utility ,• <br /> tax. However,the within <br /> the state so <br /> n ordinance would <br /> presented to <br /> amending <br /> that woulaobeataxa ble. o compensate for the reduced gross lincome <br /> • <br /> Councilman Alacroft left the meeting at this-time. <br /> Budget Committee Chairman.Gipson said rosy would proceed with th <br /> budget presentation to stud in th genal 70th'the de Repre <br /> to be heard m `rn_ a <br /> ration f e Ci toz g.m 840nLegv dative cm 1g Contingency$172,682.een <br /> I <br /> j <br />