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400 <br /> October 23,1985 <br />. , <br /> Councilman Pope remarked that he felt this program would increase <br />" transit ridership and would work as a trade stimulant. He felt that <br /> the program should be monitored to see if the desired results were <br /> obtained. <br /> I <br />[ Councilman Morrow inquired as to how the local citizens could be <br /> I involved in this program. <br />, Dr. Erust stated the local citizens could request the coins from <br /> local participating merchants to use for parking and transit. This <br /> should also help keep some of the business transactions in the local <br />. community. <br /> Moved by Councilman Pope, seconded by Councilman Langus to adopt <br /> Resolution No.2626 as follows: <br />,. WHEREAS, the Mayor and City Council have long recognized the <br /> great potential of tourists and visitors as an outside source of <br /> I II8', I business revenue in our community;and <br /> WHEREAS, through Everett Transit, the City has the <br /> opportunity to provide inexpensive public transportation for <br /> visitors to virit our Central Business District,our Public Market, <br /> the Marine Village,Evergreen Way,South Everett Mall Way, Southwest <br /> Everett Industrial Park, including the Boeing Company or our many <br /> parks and recreational areas,and <br /> WHEREAS, major hotels and numerous merchants desire to <br /> . participate in providing such transportation through Evercoins <br /> „. <br /> entitling visitors and others to free transportation on the City's <br />.. <br /> and trolleys;and <br /> nIpi.•I WHEREAS, the institution of the SHEAVE in program will provide <br /> . . <br /> a major stimulant to our local businesses and Everett Transit; <br /> NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE <br /> CITY OF EVERETT that the City of Everett is authorized to <br />:d' . participate with Everett Ventures and others to establish the <br /> •Everett's Evercoin. program. EVerett's EVercoins may be used to <br /> ride any City bus or trolley to and from any area the buses or <br /> V.Zr 1:: trolleys travel. <br /> The <br /> redeemable City Council hereby authorizes the Evercoins to be <br /> at the rate of 80.18-8/4 and further authorises the City <br /> C! Administration Lc participate eiGh Everett Ventures, the Chamber of <br /> Commerce and various merchants and hotel operators in the promotion <br />, of the program. <br /> The program is expected to be in full operation by November <br /> 1, 1985, so the citizens of Everett, as well as tourists and <br />, conventioneers,may take full advantage of the program in time to do <br />. much of their ChristMaS shoppIng In the Everett area. The Everett <br /> Transit 5111 honor any of the older Evercoins that may still be in <br /> circulation. <br /> Roll oms called with all councilmen voting yes except Councilman <br /> 11 Overstreet who was excused. <br /> li Motion carried. <br /> IL , 1 <br />