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340 <br /> ..• <br /> . , <br /> August 22,1984 <br /> Councilman Morrow objected to this as be'felt the Council had <br /> refused the petition from the el...ens on the Navy and had another <br /> ordinance prepared regarding an advisory vote on the Navy. He felt <br /> now•the were breakin their promise to the citizens by allowing <br /> ' someoneelse to make the decision on the shoreline management permit. <br /> Jim Langus pointed out to the Council that the Hearing Examiner had <br /> been very successful and many issues had been completed to the <br /> satisfaction of the petitioners. _ <br /> ' Mr.Jones said Council participation could leave the Council actions <br /> open to a challenge whether it would be approval or denial of the <br /> permit. <br /> ,','?`'.. President Stephenson said he felt the Council recognized the <br /> political liability in getting involved in these iseues. <br /> 1 C5,00' <br /> Councilman Overstreet suggested that no action on this could be <br /> ;,1'','', taken today and perhaps it Should be brought to a vote before the <br /> Council on whether they vote on the permit or it goes before the <br /> Hearing Examiner. <br /> ,gti'e <br /> Mr.,,,,ones,17nna:ked.th.1 TT,r1.be delayed for one week in as much <br /> 0,1100,r <br /> ' •0`•,,, <br /> CITIZEN'S COMMENTS <br /> Jan Whalen of 15 Casino Rd said she had figured whet the deferral <br /> interest would cost her over the 22 year period and said it came to <br /> $192,000 on a$20,000 assessment. She thought the deferral interest <br /> 41, <br /> should be figured at the same rate as a non-deferral interest. Mr. <br /> Jones pointed out the interest bn a deferral 0esessment was <br /> compounded as the City zma paying the interest instead of the <br /> citizen but that it could be,if the Council so desired,changed to <br /> l'ri a simple interest as long as it balanced out with the City. <br /> Bill Cushman,Finance Director,explained that because there were no <br /> principal payments OK no interest payments made on these assessments <br /> :;aql'''1' for the full 22 years this amount grows raPid/Y and. in fad,' did <br /> $192,000 on a$20,000 assessment. <br /> Mayor Moore suggested the Administration could prepare something fer <br /> ,i$,, , Council next week which might relieve this problem and asked rms. <br /> Whalen if she could attend that meeting. <br /> . . <br /> PINE STREET VaCAT/ON <br /> Rick McCardle representing Wight and Hardt asked far an extension of <br /> time on the ordinance vacating Pine Street in the 1300 block. He <br /> said they are requesting a trade of right-of-waY rather thau tbe <br /> appraisal fee in caSh. <br />