HomeMy WebLinkAbout2021-04-26 Finance and Governance MinutesCouncilmembersPresent.• Zak Idan, Chair; Kathy Hougardy, Cynthia Delostrinos Johnson
Staff Present: Rachel Bianchi, Vicky Carlsen, Joel Bush, Tony Cullerton, Laurel
Humphrey, Jay Wittwer, Nora Gierloff, Aaron Williams, Eric Drever,
Guests Present: Deanna Gregory, Duncan Brown, Steve Amano
Chair Idan called the meeting to order at 5:30 p.m.
I. BUSINESSAGENDA
A. Grant Application: South 1151" St. Property Acquisition
Staff is seeking Committee approval to apply for $365,000 in King County Conservation Futures
Trust Tax Levy (CFT) grant funding to purchase property at S. 115th Street adjacent to
Duwamish Hill Preserve.
Committee Recommendation
Chair Idan recused himself from making a recommendation due to his employment with King
County. Majority approval to apply for grant.
B. Ordinance: Debt Issuance
Staff is seeking Council approval of an ordinance to issue debt to fund the General Fund
portion of the Public Works Shops Phase I Project, refunding outstanding 2011 Limited Tax
Obligation Bonds, and refund outstanding 2014 Limited Tax Obligation Bonds
Committee Recommendation
Unanimous approval. Forward to May 10, 2021 Committee of the Whole.
C. Service Restoration Prioritization
Staff presented the requested updates to the service level memo along with a suggested
phased approach.
Items Requiring Follow-up
• Move Economic Development Plan to Phase 1, including cost estimate
• Add Streamlined Sales Tax Mitigation update
• Add associated costs to departmental reductions listed in Appendix.
• Add information from 2020 community budget survey to help inform Council on service
restoration.
Committee Recommendation
Forward to May 10, 2021 Committee of the Whole.
Finance & Governance Committee Minutes..................................................................................................... April26, 2021
D. February 2021 Departmental Budget Report
Staff presented the report.
Committee Recommendation
Discussion only.
The meeting adjourned at 6:50 p.m.
zi
Committee Chair Approval
Minutes by LH