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404 <br /> November 9,1983 <br /> , r ' <br /> 't Economic Oevelooment Programs <br /> 4 l <br /> The 542,050 devoted to this project is a key h <br /> Ir " enhancing the promotion of Everett in industrial and <br /> commercial markets who seek our City as a new location <br /> : I I or for business expansion. Economic theory teaches os <br /> that the ultimate source of all wealth and e high <br /> standard of living is founded in productive labor,or <br /> in simple terms, in jobs. While we believe that <br /> -I <br /> government shouldn't be the focal point of employment, <br /> we do believe that our role should be to encourego <br /> 'l economic activity and to remove any unjustified <br /> hindrance to development and job creation in the <br /> , private sector. These dollars will help us meet that <br /> goal. <br /> f,r. <br /> , Building Oepartment Relocation <br /> funds in the amount of$34,000 have been allocated to <br /> remodel facilities at the Service Center to combine <br /> lthe Building Department with our public service <br /> '' I areas. This move is one of the final steps in <br /> reorganizing the entire construction permit process <br /> which has received praise from our most freteniM <br /> do customers; builders, contractors and others in the <br /> construction-related sectors who provide jobs for many <br /> of our citizens. This does not forget the honeownen <br /> who may deal with us only once during their lifetime <br /> when they went to add a deck or convert their garage <br /> into a rec room. Anyone who applies for a buildim <br /> permit will recognize and appreciate the improved <br /> 1° ,1. • service made possible by this move. <br /> Street Improvements <br /> l , The street improvement program includes curbs end <br /> l l4 gutters' surface drainage and manhole reconetruction <br /> during the course of applying an asphalt overlay to <br /> our City streets. In 1983, the full $1,000,0110 <br /> ePOrOpriation was used in this program. Mairtename <br /> ,.l.,' must be continued so that we say operate on s <br /> .1.Y-ee-we-go. basis rather than look to property <br /> • •taxes end bond issues to restore streets that were <br /> allowed to deteriorate. This progrem has proven very <br /> t (I, popular and has extended the useful life of streets it <br /> many years at a fraction of the cost of a complete <br /> 4'.y I rebuild. While it was necessary to reduce the initial <br /> budget allocation by$100,000, we anticipate restoring <br /> the cut if revenues increase beyond our initial <br /> forecast during 1984. <br /> I,,, ,r DEBT SERVICE <br /> /11111:2:f. id gIllgl:roefpatg:X84 budget is the decrease in dollar. <br /> 1, <br /> Park Construction Warrants <br /> It is indeed a pleasure to note that our mutual goal <br /> of retiring nearly$290,000 of outstanding liabilities <br /> for park projects has finally been met. One of en <br /> first gosls as Mayor was to discharge this obligation <br /> and,with Council's total support,we have succeeded. <br /> d'l-tf l' <br />