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November 23,2011 <br /> RESOLUTION—PFD VARIABLE RATE BONDS <br /> Moved by Council Member Roberts,seconded by Council Member <br /> Nielsen to adopt Resolution No.6446 authorizing and approving the <br /> execution and delivery of an undertaking by the City in connection <br /> with The Everett Public Facilities District variable rate bonds. <br /> Jane Towery,Piper Jaffray,gave a brief explanation. Tom Gaffney, <br /> Public Facilities District Treasurer also answered questions. <br /> Roll was <br /> called with all council members voting yes except Council <br /> Member Hatloe who was excused. <br /> Motion carried. <br /> AGREEMENT—WATER MAIN IMPROVEMENT PROJECT-L. <br /> This agenda item was pulled. <br /> 2012 BUDGET HEARING <br /> President Affholter asked if anyone wished to ask any questions regarding <br /> the 2012 budget.No one responded. <br /> Moved by Council Member Roberts,seconded by Council Member <br /> Gipson to close the public hearing. <br /> Roll wascalled with all council members voting yes except Council <br /> MemberHatioe who was excused. <br /> Motion carried. <br /> President Affholter requested that city staff prepare the 2012 budget <br /> ordinance. The first reading b scheduled for November 30,2011;the <br /> Gond reading December 7.2011;and the third and final reading <br /> December 14,2011. <br /> o <br /> 328 <br />