Joined: 25-Mar-2005 Posts: 11593
From: In the village
@fairlanefastback
Quote:
And man if you are a Kent city official if you were to start to see more of the background of things, what do you even do at this point? Do you sever now and take the heat now or do you ride it out, hope the money shows, no matter where or how it comes from?
Heh! What about the governor? What about the legislature who overwhelmingly approved this? What about the implications for the politicians in next year's presidential election if they were to lose Washington State? Oh, I know. I've heard how these things get addressed, but you get my point. This is NOT trivial.
#6
_________________ This posting, in its entirety, represents solely the perspective of the author. *Secrecy has served us so well*
"1. SUBJECT: AMIGA CENTER AT KENT 2. SUMMARY STATEMENT: On March 6th, the Kent City Council authorized additional financing and directed staff to continue planning the design and development process for the Amiga Center at Kent. All of these processes are planning processes intended to position the City to achieve cost savings and maintain scheduling efficiencies if council approves the project proposal after completing environmental review and approving the Maximum Allowable Cost Construction contract (“MACC”). Environmental review is currently scheduled to be complete on or about May 15. Recently, Mayor Cooke announced that the naming rights for the facility have been secured through an agreement with Amiga, Inc., if this project is constructed. On April 20, both the state House and Senate passed a Public Facilities District bill and approved a capital funding allocation for the proposed Events Center. If the Governor signs these bills, sufficient funding will likely be in place to proceed with the project, again subject to completion of environmental review and further subject to successful negotiation of the MACC. Staff and the citizens advisory committee are requesting that City Council continue this planning process by preparing to develop a Public Facilities District, by analyzing bond funding approaches, and by authorizing the Mayor to expend additional funds from the general fund or from any appropriate capital improvement fund on an interim basis, which interim allocations will be fully refunded from the sale of general obligation bonds to be issued for project completion, if the project is constructed. Staff with provide a presentation of the milestone calendar and proposed project budget."
0 crawler(s) on-line.
62 guest(s) on-line.
0 member(s) on-line.
number6 
