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• <br /> • <br /> October 12,2005 <br /> The regular meeting of the Everett City Council was called to order at 8:30 <br /> a.m.,October 12,2005,in the City Council Chambers of the Everett City <br /> Hall,President Krell presiding. Upon roll call it was found that Mayor <br /> Stephenson;Council Members Krell,Olson,Hatloe,Nielsen,Stonecipher <br /> and Overstreet were present.Council Member Gipson was excused. <br /> Council Member Overstreet lad the Pledge of Allegiance. <br /> The minutes of the October 5,2005 City Coundl meeting and the October <br /> 8,2005 special meeting were approved as printed. <br /> MAYOR <br /> Mayor Stephenson stated that he was the keynote speaker and a <br /> participant in a Buddy Walk sponsored by the National Downs Syndrome <br /> Society in Seattle on Sunday. <br /> VISITOR <br /> Mayor Stephenson recognized John McCoy,State Representative,38e <br /> District,for his support of our community and his district. <br /> BOND UPDATE <br /> Jane Towery,Managing Director,Nodhwest Public Finance,Bank of <br /> America,announced that the City of Everett's bond rating has been <br /> upgraded from Al to AA3 due to a formal presentation made by the <br /> Mayor and City staff to Moodys and Standard and Poore. They were <br /> assessed on management,finances,operational strength and economy. <br /> CITY COUNCIL <br /> Council Members Nielsen,Overstreet,Olson,and Hatloe disclosed that <br /> they attended the demonstration regarding the North Marina <br /> • <br /> 334 <br /> • <br /> • <br /> • <br />