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HomeMy WebLinkAbout1966-02-01 Regular MinutesMayor, John B. Strander called the meeting of council to order at 8:00 P.M. stating that this special called meeting was for the purpose of discssing the resolution in regard to the application to E.D.A. for a grant. Councilmen present were Stan Minkler, A.G. Radford, E.W. Ives, Richard A. Bowen, Dwight R. Gardner C.T. Baker and Robert B. Anderson. Also in attendance was Attorney Hodge, Engineer A. Hill and General Superintendent Frank W. Zepp. Mayor Strander called upon Mr. Zepp to explain the road system needed, the road being 57th Avenue South from Strander Blvd. to 188th 4 lane 8,000 feet long. Mr. Hill explained that the application for same had to be in by Thursday of this week, that being 2/3/66. Project cost would be 5262,089.00. stating that we should request a sum of $131,000.00 from E.D.A. Mr. Hill discussed at length the numerous forms necessary, to be filed with the Government. Mr. Hodge stated that the two ways of matching funds was by L.I.T. or G.O. Bonds. Mr. Zepp presented a data sheet showing the necessity of this project, this to become, a part of the minutes. Mr. Zepp stated that he had conferred with Mr. Flint in this regard. Mr. Flint says that there are three ways to finance this project. 1. The council would vote on inside levy for the full amount which would be budgeted and bonds retired from our 15 mills at about $10,000 a year. 2. Direct participation from the developers in the area for a major share of the cost and a small inside levy for the City's share- this to be retired the same as No. 1 3. A no protest L.I.D. from all of the property owners of the area. Mayor Strander suggested that the developers be called into a meeting in order to apprise them of this application and to go over the items of matching funds ($131,000.00) Resolution 188 regarding this application was read by Mr. Hill. Mr. Bowen moved that council approve this resolution, seconded by Mr. Baker and carried. Meeting adjourned at 8:45 Clerk -Pro tem 67 February 1, 1966 4 73 C MAYOR John B. Strander, Mayor CITY of TUKWILA WASHINGTON February 1, 1966 coP.v OFFICE OF THE SUPERINTENDENT Frank W.Zepp Superintendent This proposed project when completed will be a part of the network of roads necessary to move many thousands of employees into and out of the Green River Valley. Many major Industries have purchased property and have their plans completed or on the drawing boards. One major Company has under contract now, 1,000,000 square feet of building and will employee 10,000 people by January 1967. Another national Company has announced the completion of facilities to employee 4,000 people in 1967. We believe that if this 57th Avenue project is constructed now, that employment in the Tukwila area will be 15,000 people by 1968. This 57th Avenue project is a main arterial street that is necessary for the Industrial development of the area, because it ties into the major Inter— change of Interstate Highway 5 and Interstate Highway 405. The announcements in recent weeks by the various Industries have greatly accelerated the urgency of this need. We have been informed by McLean and Company who are our financial Consultants and Bankers, that this project is feasible and that we can participate with matching funds. CoPY- xERby eOry.