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Shoreline Council Expected to Approve 2013 City Budget Tonight

Shoreline Council to meet at 7 p.m. at City Hall Council Chambers

The Shoreline City Council is expected to adopt the city's 2013 budget Monday night after much discussion over the past several weeks.

The Council will take action on four items tonight including the adopting the budget.

Council Direction for Suburban City Association Position

Adoption of Ordinance No. 651, Setting the 2013 Regular and Excess Property Tax Levies

Adoption of Ordinance No. 650, the Year 2013 Budget, the Year 2013 Fee Schedule, the Year 2013 Salary Schedule, and Year 2013-2018 Capital Improvement Plan

Authorizing the City Manager to Execute Purchase/Sale Agreement with King County for Brugger's Bog Maintenance Facility in the amount of $2,898,622 million and Authorizing the City to Pursue Financing for the Acquisition

 

There is one study item on the agenda: Discussion of the Draft Comprehensive Plan.

Tom Jamieson November 26, 2012 at 06:04 PM
Selling Aurora to buy SPU. "With the passage of Proposition 1 and the acquisition of the Seattle Public Utility (SPU) water system, additional maintenance facilities will be required beyond the capacity of Hamlin Yard." "The King County Brugger’s Bog Maintenance Facility (Attachment A) has been placed on King County’s surplus property list making it a good opportunity for the City to acquire an existing maintenance facility…" "With a property purchase of $2,898,622, plus another $100,000 for planning and $368,000 for site improvements, the total of $3,366,622 would be financed over 20 years..." "The funding sources to meet these debt service obligations would come from the General Fund and the Surface Water Management Fund." "The General Fund allocation will come from future reduced contributions to the Roads Capital Fund." "The sale of land parcels along Aurora Avenue would follow in accordance with the state and federal requirements for use of the proceeds of property sales, as these properties were purchased with a combination of funding sources to benefit the Aurora Corridor Project." "The General Fund transfer to Roads Capital would in turn, be reduced" Taxes, Takeovers, and Troubles. The "surplus" Aurora properties were purchased with taxpayer money and will now be sold to subsidize the SPU water utility acquisition authorized by the just passed Proposition 1.

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