Shoreline Council meeting Monday to discuss property tax exemption for Station subareas; and Transitional Encampments
Monday, March 20, 2017
Shoreline City Council Meetings
Monday, March 20, 2017 – Special Meeting 5:45pm
- Citywise Celebration
Monday, March 20, 2017 – Regular Meeting 7:00pm
Agenda Highlights
- Authorizing the City Manager to Execute the 2017/18 King County Solid Waste Division Waste Reduction and Recycling Grant
- Adopting Ordinance. No. 762 – Amending the Shoreline Municipal Code for Transitional Encampments
- Adopting the 2017 Comprehensive Plan Amendment Docket
- Discussing Ordinance. No. 776 – Designating Light Rail Station Subareas for Property Tax Exemption (PTE); Sponsored by Deputy Mayor Winstead and Councilmember Scully
- Discussing the Puget Sound Drainage Basins Plan
Link to full Agenda
Comment on Agenda items
City Council Webpage
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1 comments:
Well, the density property tax exemptions aren't going to do much good if the Light Rail is delayed or only one station is financially feasible due to Trump's proposed extreme budget cuts. It would be nice to see some transparent, honest, discussions by council on a contingency plan.
http://www.soundtransit.org/About-Sound-Transit/News-and-events/News-releases/proposed-trump-administration-budget-wipes-out
Perhaps they could address how the following possibilities as stated by the ST CEO could impact Shoreline. Special taxing districts for the subareas? More upzoning to increase ridership/revenue projections? Rail, but no infrastructure improvements in the community? Another vote for a tax hike brought to Shoreline voters (on top of ST3 and city prop 1)?
“For those cases in which a subarea’s actual and projected expenditures exceed its actual and projected revenues and funding sources by five percent or greater, and/or where unforeseen circumstances occur that would result in an inability to substantially complete projects within such subarea’s plan, the Board must take one or more of the following actions:
• Correct the shortfall through use of such subarea’s uncommitted funds and/or bond capacity available to the subarea
• Scale back the subarea plan or projects within the plan to match a revised budget
• Extend the time period of completion of the subarea plan
• Seek legislative authorization and voter approval for additional resources”
As for the property tax exemptions, it sounds like the developers are making threats to blackball City of Shoreline as far as building here unless they get their demands met for incentives.
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