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- T177 <br /> December 2,1987 SOI <br /> del does not make decisions. Rather I[allows the policy makers <br /> o pick any combination of projects and tax options, reporting the <br /> results of the options immediately. He said to bear in mind there <br /> is n We <br /> single best answer, literally thousands of workable solutions <br /> and the final optionei a n s ected n likely will represent a <br /> blend oT the diverse interest and options of the mayor, <br /> councllmembers and the citizens of the City of Everett. <br /> Chairman Stephenson said the projects may be financed with cash <br /> payments for items of less than 51,000,000 and c uncllmatic bonds <br /> Por those over this amount. By using this approach, the city can <br /> minimize thecost, yet still move ahead to accomplish a great many <br /> rejects relatively shorty period of time. of <br /> projects <br /> ginth city's ability to finance projects Foren purposes <br /> sterm <br /> bonded basis,e9%w selected a the cost of interest and 15 years <br /> as the maximum maturitterms The city as of today, for all <br /> practical purposes,has no indebted bond indebtedness. <br /> Councllmember Overstreet was excused at this time. <br /> Bob Cooper,Parknd Recreation Director, then gave a brief overview II <br /> of the projects including R1verfront Park an Smith Island, Floral <br /> Hall rehabilitation, Reservoir 3 k 5 covers to provide recreation <br /> facilities, Walter Hall Park soccer fields, Tire Fire site soccer <br /> fields,Museum,Park Land acquisition,Kasch Park, Thornton Sullivan <br /> Park at Silver Lake,Forest Park and Civic Center. <br /> Chairmen Stephenson reviewed the land acquisition proposal, <br /> lmember Diva spoke an the Civic Center and CouncilmembePope <br /> on the <br /> on the ULID projects in the south end to develop commercial use.. -I <br /> Nayor 0o0005 spoke on purchasing property and planning in advance for <br /> needs P[M1e city. <br /> the metl Becker, em 2 of Grand, an aleatl to the c uncal pveiriding <br /> the measure tM1et vas defeated at en election last sp ei ng. <br /> Jack Sherin, of 1307 Hewitt, spoke on the gambling tax, stating It <br /> would be a hardship for many smaller operations. He also reminded <br /> the council that gambli e8 redo s by law, were to be used For lav <br /> enPoxcement activities i laked toe tie etete gambling laws. <br /> ' <br /> T <br /> emrGenelle, manager 4 wits <br /> uld smren <br /> 0onive ecbs tt tM1e <br /> business. <br /> rnRlex20neorP o <br /> Phe tM1eet Bueoon arso a%o <br /> ordinance. ttaM1xe <br /> Becky Martin, of 7613 Lower Ridge Road, spoke in favor of the <br /> proposed ordinances, stating the proposed park improvements <br /> improvements xxe <br /> = <br /> 1 <br /> ; <br /> d aahtlnaftamrially eaethetoplecnmeupxo' me[ <br /> would encourage more people to move <br /> here. <br /> Mildred McTP, 04 2102 Summit, Pelt a lot o the 1V n ding M1exe <br /> came because[hey had jobs M1exe. She spoke against the ordinances. <br /> 1 <br />