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9 <br /> 418 <br /> October:17,1990 ' <br /> MAYOR'S BUDGET MESSAGE <br /> you today filled with excitement and expectatLon. It has <br /> be almost a 100 years sincethe City of Everett has had the kind <br /> of growth we are experiencing today. <br /> Our City is in the truly unique position of being one of a handful <br /> of communities around the country that is experiencing an <br /> unprecedented series of economic factors,..all converging atthe same <br /> time. <br /> Just to put things In perspective, I would like to h re a few facts <br /> from a recent National League f Cities survey <br /> which showed that <br /> two-thirds ofr Nation's citiesand towns arefinding themselves <br /> less able t meet their financial needs now than they were a year <br /> age• <br /> Everett is different than the other two thirds tl of the Nation's .{ <br /> Cities and Towns and I as like to story that helps <br /> illustrate my point. It was almostNfive Caereytg when I first ran <br /> for the d is of Mayor. The i Navy Hwaspoh t only the economic project in YEherett th t time,it was eta single largest echo dly <br /> project inthe State of Washington. I stand before you now hardly <br /> fivey later,a Navy toomeport still underconstruction and <br /> Bo full impacts h yet be felt. In ianticipated that the 4' <br /> Boeing n p y will too begin construction of itsl newoll aircraft �� <br /> following t recent announcement of a Ea billion dollar United <br /> Airlines ordertet includes t many as 130 n planes to <br /> opt .nallior b built. in Everett, There are 34 firm orders/34 <br /> optional orders P theJ]J and nc flim ortlera/30 optional orders <br /> Po thebmittd Thesignificance of this news1b that plans are <br /> being b ant. which indicate [hat the it orders <br /> be built at to <br /> Everett plant. Boeing g 1 easy has pl 379 firm orders Por the Everett <br /> zusoessful J4]-4n The company plans an erngeion of / Everett/ <br /> plant overthe next ruts that will range 1s-1 1t2 <br /> billiondollars in construction t alone. Ooa1 9 5 Everett <br /> employment <br /> texpected enc y Joemployees In <br /> the tt years. Construction ill beginin <br /> 1991 to add a fifth <br /> hay on their main manufacturing building ad a third.paint facility <br /> for newly built aircraft. These projects were permitted <br /> . <br /> under the <br /> EeB Needless t say Boeing l key ingredient the Clty of <br /> Everett <br /> Ct present <br /> and future financialsuccess. <br /> In addition to the Navy Homepart and the Boeing expansion. Seaway <br /> Center is establishing itself as one <br /> of thehottest p operties In $t. <br /> the.technology corridor. Several nbuildings ill come on.line <br /> this next year with other potential major tenants in the talk stages <br /> et this time. <br /> When I came to office a little over 30 months ago I vowed that the <br /> revitalization of downtown Everett would be a priority for myself <br /> and my.administration. <br /> I had hoped to be able to make a major a ent about new <br /> development in downtown by this time, but it appears that there is <br /> still s work that has to he.done before a public announcement <br /> ent is <br /> appropriate. <br /> It does.appear that construction will begin in on <br /> major new buildings in downtown Everett. <br /> ucYYIW <br />