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33 <br /> 111',6 <br /> January 30,1985 <br /> Councilman Pope commented on the Affordable Housing Conference he <br /> had attended in Woueton and said they had manned a booth with <br /> literature on their successful project here in Everett. <br /> CITIERN COMMENTs <br /> tir.y.lf,usgw.cltot626,41=,soked the council to provide a community <br /> Gail Chiem of 4601 South 4th said to date they had received WOO in <br /> pledges to reconstruct the church in Lowell. She said they also <br /> needed manpower to help with the work. ['f6. <br /> CONTINUED PUBLIC HEARING-IND.DEP.CORP.BONDS <br /> President Stephenson said this was a public hearing continued from <br /> last week for adopting a res'olution approving Industrial Development <br /> , Corp.of the Port of Everett's intent to issue$1,000,000 IDE bonds <br /> for Norton industries facilities on Port property. <br /> MMcg::%':21.1 g'f:Pro'yed.tYPa operation <br /> "a going <br /> in and hnw <br /> , Debra Cushing,representing the Bond Counsel, explained the process <br /> prior to coming to council and assured the city no tax money was <br /> being Used, all payments would come from the operation of the <br /> ' facilities. <br /> John Shack of Norton Industries said they had purchased seven acres <br /> to the north of the boat launch oo West Marine ',rave and were <br /> constructing an industrial canter. Marc Pae is presently leasing <br /> one of the buildings with about 50 employees and a new building of <br /> about 55,000 sg. ft. is to be constructed and the new company <br /> expects to emploY 50 PeePle also• <br /> President Stephenson asked if anyone further wished to speak and no <br /> one replied. <br /> • <br /> ge'PT=1Mringn.ni'nn'nec*ndad bY c'nnci'man'ver'tr''t t' <br /> HO..done,CitY At...eV, pointed out approval of the resolution <br /> before the council today would only aPPll, ehe fending of the <br /> , project. Prier to development, the project woad have to comPlY <br /> ' with ill soiling and environmental regulations of the city. <br /> Hr <br /> Roll was called on closing the public hearing with all councilmen iffr <br /> voting yes. <br /> Motion carried. <br /> RESOLUTION <br /> ""'i'"n Overstreet <br /> t'adn't <br /> v,1 <br />