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Edmonds Elementary School - Frances Anderson CenterEDMONDS ELEMENTARY SCHOOL REHABILITATION BUILDING COMMITTEE MEETING MINUTES JANUARY 31. 1979 On January 31, 1979, at 7:30 a.m., in the Public Works Conference Room, the Building Committee for the Edmonds Elementary School met to discuss the facility's design program. Attendance at this meet- ing included Mayor Harve Harrison, Council Members Ray Gould, Katie Allen, Tom Carns, and Leif Larson, Fred Herzberg, John LaTourelle, and Jim Jessel. The Committee agreed that the program's reference to "commercial lease" was misleading and should be changed to "cultural and educational leases" and that the leases should be renewed each year so as not to preclude future recreation opportunities. Leif Larson requested that the architect be required to define the short-term occupancy requirements considering the building codes. Requirements for fixtures and furniture and for a multi -purpose room should be defined in the program. Mayor Harrison suggested that Bob Bezzo and Robert Fincher be in- cluded as potential architects on the project. The Building Committee suggested the facility be renamed the Edmonds Community Center. The future One Percent for Art Project was discussed and 'the Build- ing Couuiiittee agreed that the Arts Commission should decide on the specific type of art that will be programmed. The Committee agreed to meet again on March 7, to discuss proposals for the building and that these proposals should be in their hands no later than March 1, for review previous to the meeting. CC: Building Committee Members City Council Members M.A.A. Dibble BUDGET SUMMARY EkiIBIT A 1979 Revised: March 6, 1979 FUND FUND BUDGETED BUDGETED TOTAL TOTAL NO. TITLE REVENUE CASH BUDGET EXPENDITURE 001 General $3,946,144 $ 320,600 $4,266,744 $4,266,744 101 CETA 350,933 -0- 350,933 350,933 110 Federal Aid Urban -Street 109,000 56,000 165,000 165,000 111 Street 594,117 -0- 594,117 594,117 112 Street Arterial 147,000 22,750 169,750 169,750 113 Special Library 140 969 11109 11109 114 Dangerous Drug Control -0- 250 250 250 115 Underground Wiring 198,500 39,535 238,035 238,035 117 Municipal Arts Commission 10,000 11000 11,000 11,000 119 Contingency 104,743 9,300 114,043 114,043 120 Convention/Performing Arts Center 5,000 -0- 5,000 5,000 124 Off Street Parking 50,000 -0- 50,000 50,000 125 Park Acquisition Improvement 180,000 -0- 180,000 180,000 191 HUD Block Grant 172,000 -0- 172,000 172,000 192 Coastal Zone Management Project 4,112 -0- 4,112 4,112 199 Federal Shared Revenue 195,000 -0- 195,000 195,000 214 1965-Civic Center Bond 36,980 -0- 36,980 36,980 216 1971-Swimming Pool Bond Issue 21,760 -0- 21,760 21,760 217 1973-General Obligation Bond 15,930 -0- 15,930 15,930 325 Captial Improvement 22,500 6,000 28,500 28,500 336 Edmonds Elementary School Acq/Devel. 696,000 -0- 696,000 696,000 411 Water and Sewer Operating 1,835,933 150,000 1,985,933 1,985,933 412 Water and Sewer Construction 19,000 921,000 940,000 940,000 511 Equipment Rental 358,972 320,000 678,972 678,972 617 Firemen's Pension 17,115 117,000 134,115 134,115 623 Aid Car Operating 3,285 7,715 11,000 11,000 TOTALS $9,091,664 $1,972,119 $11,066,283 $11,066,283 City of Edmonds 1204 1910/033 f Edmonds, Washington 'C• Y ' �..� y ate- '' '•��• November 16 78 ?`- .iAwwlds, WashingTon, —19 AY �.. 0 —DOLLARS $ -s��0p- ! ps:" City of Edmonds EDMONDS BRANCH DPLES NATIONAL BANK OF WASHINGTON EDMONDS, WASHINGTON IRIPTION I•11 — ti Interfund Loan 4N-000-004-581.10,00 City of Edmonds TAEASURAIR Interfund loan from 612 to 336 - Edmonds Elmentlry School Acquisition/Developwent (5%) - WARRANTS REDEEMED SIONDS a COUPONS REDEEMED PRINCIPAL INTEREST COUPONS A IJ N 4F% 71 t \ I k $ 8 , 4p4, Q� INSTALLMENT NOTE Edmonds , Washington Nov. 16 1 9 78 FOR VALUE RECEIVED, I promise to pay L.I. Guarantee Fund or order, the sumnf.- Eight Thousand - - - _ - T - - - - _ - - - - - __ _xx/117LIrARS with interest thereon at the rate of 5 per cent. per annum from date hereof; payable as follows: Principal and interest shall be paid in full before the end of the 1979 Budget year with funds acquired from the sale of bonds to be authorized for this purpose. If any of said installments are not so paid, the whole sum of both principal and interest shall become due and payable at once without further notice, at the option of the holder hereof. 5 This note shall bear intcresf at the rate of per cent. per annum after maturity or after failure to pay any installment as above specified, and if this note shall be placed in the hands of an attorney for collection, or if suit shalll be brought to --ollect any of the principal or interest .of this note I promise to pay a reasonable attorney's fee. Each maker of this note executes the same as a principal and not as a surety. (for purchase of school) Res. #415 Fund 336- Edmonds Elementary School Acquisition/Development FORM L 49 WASHINGTON TITLE INSURANCE COMPANY ANiI[AL COIV'x'XOC RICYC ,E LICENSE GUN"Awn n STATE SHARE �117'/F1MES Si]SRYES,S LI[�IYS,E AlII.i1QIGlEIIIL�S PLAT ��SI'F�lION Ry" FEES S.E.r.A. REVZw is TAX SALES TAX EECRE TWMN FEES DONAx1pH+� — AID CAR CUSTOAM DFJ4DW LOCAL SALES TAX LEASEI OM TAX REMsURSEI Uff SALE OFWVIg� aL City of Edmonds 1204 19-f003 Edmonds, Washington ~' • .o 14are%abW 16 7 .yy TE!R_t_ .. #dlioelds, Washington, ._ — 19 S ____DOLLARS S_-A,OM- 00- TO THE ORDtR �C1ty OI ?l� F OGLC��: �� —4i2 City f Ed.1k"lj L ' I EDMONDS RlRANCN PEOPLES NATIONAL BANK OF WASHINGTON EDMONDS, WASHINGTON " T'11■Af YR<R loor Intarfund Loan 'U1.104 fo Iatarfund loan from iA to 336 - � .y School Acqufsltion/Omlopoiat (5S) T WARRANTS REDEEMED PONDS A COUPONS agoiltMlb PRINCIPAL IN7<111ST it , - pH WENT. NCO, memo$COUPOP411 • '^ AIMS ! `. ARV D. NO. D; NO. e.: .... _ a '�.. i. MEMO TO: FROM: Harve H. Harrison Mayor Arthur J. Housler Finance Director October 27, 1978 SUBJECT: PROPOSED RESOLUTION AUTHORIZING INTERFUND LOAN FOR THE PURPOSE OF PROVIDING FUNDS FOR LEGAL AND CON- SULTING SERVICES IN THE ACQUISITION AND DEVELOPMENT OF THE EDMONDS ELEMENTARY SCHOOL. Attached is a copy of the proposed resolution authorizing an interfund loan in the amount of $8,000 from the L.I.D. Guaranty Fund 613 to the Edmonds Elementary School Acquisition and Development Fund 336. Payment will include principle together with interest at the rate of five percent (5%) per annum on or before June 1, 1979, and shall be made from either unexpended monies.of the 1978 budget or by provision in the 1979 budget. It is recommended that the loan be approved. AJH/bar Attachment CITY CLERK DATE M.A.A. DATE F January 2, 1979 MEMO TO: Harve H. Harrison Mayor FROM: John A. LaTourelle, Director Community Development Department SUBJECT: ELEMENTARY SCHOOL AC UISITION AND DEVELOPMENT As soon as the City takes possession of the Elementary School building we will begin to incur costs that were not budgeted for this year. We also incur the responsibility to make use of the building in a way that will return something for the taxpayer's dollar. The building in its present state is as much lia- bility as asset. The present maintenance and operating costs of the building and grounds runs the School District $9,200 per month at the present level of usage. Increased use of the facility by the City will, of course, result in somewhat higher M & 0 costs.' Partially offsetting these expenses is the revenue generated from the building, summarized in the attached sheet. This revenue can be increased by an agressive program of leasing and recreation class use. It will take some time, however, to build up to the maximum potential of the site. Some of the present expenses of the Park and Recreation Division can be reduced by shifting activities from other rented space to the Elementary School building. A safety audit should be made of the building immediately. There are apparent hazards that must be removed; e.g., the preschool material stored in the halls, and the dangerous children's play equipment in the playfield. This building may add substantially to the City's insurance premium. Along the same lines, unless there is a full time watchman/caretaker, it is likely that the building will be vandalized. At present, there is an apartment in the building that is occupied by a School District employee. A City employee now opens the building each morning and closes it after the Recreation Division programs each evening. We recommend that the apartment he provided to the City employee in exchange for the watchman/caretaker services. A minimum fire and burglar alarm system should also be installed. In its present state, the building is barely useful, and over the next few years the City must face substantial rehabilitation costs. A master program for the use and rehabilitation of the building and site must be developed at the outset. At the very least, this program of use and design plan will be a requirement for a rational financing plan; either by bond issue or grant funding. To accomplish this, we recommend the following: JAL/le 1) Establish an in-house committee of five or seven elected and appointed officials to oversee the entire development program; 2) Appoint a project manager with administrative responsibility for the project; 3) Select an architectural consultant immediately; 4) Draw up the long range development program and design plans; S) Search for funding. I January 2, 1979 Revised January 3, 1979 FINANCIAL IMPACT DATA EDMO14DS ELEMENTARY SCHOOL A. Acquisition Cost, including appraisals, legal closing costs, etc. $ 440,000 B. 1979 Minimum Repair and Renovation Costs 68,000 Repair of broken windows, window f_rames,downspouts, flashing, leaking roofs, exterior cracks and safety corrections. C. 1979 Maintenance and Operating Costs Administration, clerical, overhead % $12,000 Half-time structural maintenance 9,000 Half-time electrical/mechanical maint. 12,500 Full-time building maintenance trainee (custodian) 15,000 Maintenance materials 7,000 Utilities Fuel Oil $9,400 Electricity 3,700 Water 1,500 Sewer 1,400 16,000 Grounds Maintenance 6,000 Insurance 5,000 82,500 Partial funding provided in C.D.D. budget for 1979 D. Development and improvement study and recommendations 20,000 E. The following tabulation shows the percent increase in utility tax, the annual revenues therefrom and the dollar values of the bond issue that could be financed at 7. Tax Increase Additional Bond Issue Annual Revenue Value .5% $38,550 $408,000 .75% 57,825 612,000 1% 77,100 816,000 F. Bond Issue calculations based on costs in Paragraphs A, B, C, D Item Cost 7% 20 Year Utility Amortization Tax Rate Acquisition $440,000 $ 41,531.60 .53867 Preservation 68,000 6,418.52 .08325 Operation 82,500 7,787.18 .10100 Study 20,000 1,887.80 .02449 10,500 _�_57,625. 0 .74741 January 4, 1979 MEMO TO: Harve H. Harrison Mayor FROM: Leif R. Larson Director of Public Works SUBJECT; EDMONDS ELEMENTARY SCHOOL - FINANCIAL IMPACT Handed out with the memo from the Community Development Director on January, 1979, relative to the Elementary School acquisition and development was financial impact data. The acquisition cost did not reflect the appraisals, legal, and closing costs. Accordingly, the statement has been revised to include these costs and is attached herewith as a basis for financial discussions on Tuesday, January a. LRL:rm Attachment r _.� - w'.- �'-.�i6`: '�".:.�i� ��i.�w:1r 5�&-.•+r�wyw.,r�t� - January 5, 1979 MEMO TO: Harve H. Harrison Mayor FROM: Charles G. Dibble M.A.A. SUBJECT: ELEMENTARY SCHOOL In John LaTourelle's memo to you of January 2, 1979 concerning "Elementary School Acquisition and Development" he included the following recommendation: "l) Establish an in-house committee of five or seven elected and appointed officials to oversee the entire development program." I am very much in favor of this recommendation. Each step of our initial work on the elementary school will include a mix- ture of "policy direction" and "technical expertise". A great deal of time can be saved if we have some joint Council - Staff consideration of the issues before we expend extensive staff time and before formal recommendations, expenditure proposals, etc. are included on Council agendas. Our recent experience in attempting to deal with possible bond issue items was not satisfactory because we had insufficient policy maker — staff informal communication prior to the formal process which action requires. We have to find a better way of approaching these major matters. I think we can do it with this method. I suggest a committee to consist of: Mayor (Chairman) Mayor Pro tem Council Members (Two) Public Works Director Director of Community Development Manager of Parks and Recreation Division CGD/ j g L January 25, 1979 MEMO TO: Harve H. Harrison Mayor FROM: John LaTourelle, Director Community Development Department SUBJECT: COMMUNITY DEVELOPMENT BLOCK GRANT The Technical Advisory Committee has recommended approval of the City's application for funds on the Elementary School: $45,000 for a master plan and $355,000 construction funds over the 1980-81 period. The TAC also approved the joint application of the City for the full funding of the local share of the Lake Ballin- ger Project. Both of these projects should be approved by the Policy Board on February 6. JL/mt January 25, 1979 MEMO TO: Edmonds Elementary School Building Committee Members FROM: Jim Jessel, Manager Parks and Recreation Division Attached is the Preliminary Program, a consultant list, and Request for Proposals for the Edmonds Elementary School Rehabilitation Project. Please review these documents for our January 31, 1979 meeting, and if you have any questions or comments, please contact me at 775-2525, ext. 248. JJ/mw `` 1J � u� 1 Vim►' "'C �G .� ..�.� t' S � , v ,� (� c� �,�.,� C:., 3 - r1= `-r r PRELIMINARY PROGRAM EDMONDS ELEMENTARY SCHOOL REHABILITATION BACKGROHNn Located between Dayton and Main Streets on the north and south, and between 7th and 8th Avenues on the east and west, this building was originally constructed in 1928, for $42,000. Stephen and Brust, of Seattle, were the architects. In 1952, a new wing was built off Main Street, which included four classrooms, an office, a health unit, and the gymnasium and stage. In 1962, a play shed was constructed, as well as a rehabilitation of some of the interior spaces. In the early 1970's, student population had dropped and because the Edmonds Elementary School became one of the older and more poorly located buildings, it was closed. Since 1972, the building has been used primarily as classroom and rental space. The Edmonds City Council has long recognized the shortage of recrea- tional facilities within the City of Edmonds and thus hired Behms and Bailey Architects to prepare a study drescribing potential uses of the Elementary School site. Based on the results of the Behms and Bailey report, the City Council pursued the acquisition of the Elementary School and this agreement should be finalized by March of 1979. PRESENT SITE CONDITION The site consists of 4.5 acres and the Elementary School building, totaling approximately 50,000 square feet, rests in the center of the site. The site is zoned open space and can be used for recrea- tion, education, and related purposes. The surrounding residential density may restrict some uses. DEVELOPMENTAL CONSIDERATIONS 1k 1. GENERAL LOCATION - Because of the facility's location in a high density residential area, parking considerations will necessarily take a high priority. The proposed development of a 20,000 square foot library on the western portion of the site will complicate .this parking problem. 2. STRUCTURE - A large portion of this structure consists of hallways and stairways (approximately 30%), and these non -programmable spaces severely hinder both the access to recreational spaces, as well as control of the spaces. 3. MAINTENANCE - This existing building is very expensive to maintain - approximately $105,000 per year, and the lack of routing maintenanc over the past several years will probably escalate these costs in the future. The poorly maintained spaces also act as a deterrent to potential users. EDMONDS ELEMENTARY ' `,COOL REHABILITATION Page two 4. HANDICAP ACCESS - The building improvements must place an emphasis on handicap access and specific design's and cost estimates must be provided in the study. DEVELOPMENT SCOPE 1. MASTER PLAN - A master plan will be required to serve as a framework for future development, subject to changes over time. It should further in- corporate goals and objectives set forth by the community and by the Parks and Recreation Division. Therefore, the master plan should: A. Describe the best present facility use (1979), short-range use (1960- 1963), and long-range space use, considering both recreation and °�a``��'�`' 'RBI commercial spaces. �.kfjvt C&ui'`' B. Describe a logical construction sequence for improvements of the facility. cp,nk-.s.ti��,,�r�t,�1 C. Define the maintenance improvements necessary with the development of the facility. D. Assess the facility's needs in relationship to other City recreation opportunites. E. Describe all handicap provisions necessary for the facility's use. F. Include preliminary cost estimates for the various design schemes. G. Include both detailed drawings of the improvements and rendered prospective plans. 2. COMMUNITY CENTER DESIRABLE IMPROVEMENTS A. Combination gymnasium -auditorium large enough for adult basketball and some spectator seating, 90 feet by 104 feet, showers, lockers and toilet facilities. B. Social rooms. C. Arts and craft rooms. D. Game room. E. Kitchen F. Performing arts room. C­0'1%1_A_.\r1.14. G. Lounge and lobby. I H. Recreation Supervisor's office, staff dressing facilities and storage. I. Caretaker's storage room. J. Rest rooms. K. Adequate off-street parking - amount to be determined by analysis of specific situation. 3 EDMONDS ELEMENTARY SCHOOL REHABILITATION Pace three 3. POTENTIAL COMMERCIAL USERS Western Refrigeration School Edmonds Arts Festival Edmonds Arts Commission Daughters of American Revolution Snoline Stamp Club Norwegian Club Floretum Garden Club Coin Club Jaycees Work Opportunities Evergreen Community Federal Credit Union Driftwood Players Ed -Lynn Soccer Club Edmonds Boys' Club. Executive Conuni ttee City College 4. BUDGET Youth Club of Edmonds/Lynnwood Lady Lions League of Women Voters Orthopedic Guilds Cub and Boy Scouts Girl Scouts Campfire Girls Snohomish County Family Counseling Service Childbirth Education Edmonds Preschool Edmonds Alateen Edmonds Day Care Guitar Workshop City, State, and/or Federal Social Organizations bu`C it�IAt%4 , y4p�n�h.Y L The construction funds available for the Edmonds Elementary School project will be determined during the master planning phase. S, N A" r,% C vk G N A ARCHITECTS: ELEMENTARY SCHOOL Fred Bassetti & Company 2027 5th Avenue Seattle, WA The Bumgardner Partnership 2021 Minor East Seattle, WA Calvin/Gorasht Architects 303 E. Pine Seattle, WA Cummings/Schlaner Associates 220 1st Kirkland, WA Kirk Wallace McKinley & Associates 2000 Fairview East Seattle, WA Mithun Associates 2000 112 th N.F. Bellevue, WA The Richardson Associates 215 Columbia Seattle, WA Champion/Turner Partnership 1712 Pacific Avenue Seattle, WA David Kinderfather 201 5th Avenue South Edmonds, WA 98020 ARC -Galen Minah National Building Seattle, WA Bittman, Sanders & Hasson Securities Building Seattle, WA Robert Kovalonko 235 Summit East Seattle, WA Mahlum, Mahlum, & Nordfors 2114 Thorndyke West Seattle, WA Arai Jackson 1100 19th East Seattle, 14A William Booth 1.19 South Main Seattle, WA ■ REQUEST FOR PROPOSALS The City of Edmonds requests proposals from architectural consultant firms for the rehabilitation of Edmonds Elementary School. This facility is located between 7th and 8th Avenues, and between Dayton and Main Streets in Edmonds. SCOPE OF PROPOSAL Each proposal should contain a brief discussion of potential design solutions (no more than three pages) to the problems expressed in the rehabilitation program. The proposals should also contain a resume of the firm's experience in recreation master planning and community center design and con- struction. All proposals must be submitted to James Jesse], Manager, Parks.._ and_! Recreation Division, City of Edmonds, no later than Friday, ebruashir�_2 1979. The mailing address is 250 - 5th Avenue North, Edmonds, W ngton 98.020. To receive a copy of the Edmonds Elementary School rehabilitation program, please contact Jim Jessel at 775-2525, extension 248. Ir EDMONDS ELEMENTARY SCHOOL REHABILITATION BUILDING COMMITTEE MEETING MINUTES JANUARY 31. 1979 RECEIVE® F E 8 7 1979 Executive Offices On January 31, 1979, at 7:30 a.m., in the Public Works Conference Room, the Building Committee for the Edmonds Elementary School met to discuss the facility's design program. Attendance at this meet- ing included Mayor Harve Harrison, Council Members Ray Gould, Katie Allen, Tom Carns, and Leif Larson, Fred Herzberg, John LaTourelle, and Jim Jessel. The Committee agreed that the program's reference to "commercial lease" was misleading and should be changed to "cultural and educational leases" and that the leases should be renewed each year so as not to preclude future recreation opportunities. Leif Larson requested that the architect be required to define the short-term occupancy requirements considering the building codes. Requirements for fixtures and furniture and for a multi -purpose room should be defined in the program. Mayor Harrison suggested that Bob Bezzo and Robert Fincher be in- cluded as potential architects on the project. The Building Committee suggested the facility be renamed the Edmonds Community Center. The future One Percent for Art Project was discussed and the Build- ing Committee agreed that the Arts Commission should decide on the specific type of art that will be programmed. The Committee agreed to meet again on March 7, to discuss proposals for the building and that these proposals should be in their hands no later than March 1, for review previous to the meeting. CC: Building Committee Members City Council Members M.A.A. Dibble •. �co-r\, Councilman Naughten noted that on January 16 there will be a report regarding the Boys' Club. He said he had toured the facility and was impressed and he encouraged the other Council members to accept the invitation to tour the Boys' Club. Councilwoman Allen urged that somebody attend the Congressional -City Conference in Washington,D.C., March 4-6, 1979, sponsored by the National League of Cities. She felt the money spent on attending such conferences was well spent, based on her experience in attending the St. Louis conference. It was suggested that the ideas from these conferences be shared, perhaps at breakfast meetings. Councilman Herb suggested there should be some kind of policy on how many long-distance conferences a Council member should attend during a year and when the information 140TION: gained should be discussed in Council. COUNCILMAN HERB MOVED, SECONDED BY COUNCIL- MAN CLEMENT. THAT BEFORE ANY COUNCILPERSON GOES TO A SEMINAR REQUIRING OVERNIGHT LODGING AND TOTALLY AT THE EXPENSE OF THE CITY IT WILL BE PUT TO A VOTE OF THE COUNCIL. MOTION CARRIED. MAYOR Mayor Harrison annnounced that the quarterly meeting of the Association of Snohomish County Cities and Towns will be held January 25, 1979, at the Landmark Inn in Lynnwood, beginning at 6:30 p.m. Council members Carns, Allen, Clement, and Naughten indicated their intention to attend. Mayor Harrison reviewed the Council committee assignments, the only change from last year being that Councilman Naughten will replace Councilman Carns on the LEOFF Disability Board. ELECTIOR OF MAYOR PRO TEM FOR 1979 MOTION: COUNCILMAN CARNS MOVED, SECONDED BY COUNCILMAN NORDQUIST, THAT COUNCILMAN GOULD BE ELECTED MAYOR PRO TEM FOR 1979. MOTION CARRIED. MEETING WITH INITIATORS OF PETITION FOR NOTICE OF INTENT TO ANNEX -- 76TH AVE. W., NORTH OF 210TH ST. Public Works Director Leif Larson reviewed the effects of this proposed annexation on public facilities. He said the petitioners had requested that the petition include the area stated plus an alternate area immediately to the vrest of 76th Ave. W., in case there should be a problem in obtaining signatures of 75% of the property or•rners in the stated area. The zoning is commercial and multiple family. Connie Root of 6860 N.E. 137t•h, Kirkland, stated that: a large number of the residents and apartment building owners were anxious to be annexed in order to connect to the sewer system that already is installed. Burt Hardy, owner of the Evergreen Apartments at 20901 76th Ave. W., inquired as to how long it would take I before they could connect to the sewers. Mr. Larson responded that the connections could be accamplish,tid ininrdiately after annexation, but he noted that the Boundary Review Board must approve the annexation. Where the main sewers are not yet in, he -said it would be eight months to'A year before they would be installed. Council- woman Allen was concerned about the cross streets which are in poor condition, and Mr. Larson said they might be worked in with the sanitary sewer installation. MOTION: COUNCILMAN CARAS MOVED, SECONDED BY COUNCILMAN CLEMENT, THAT THE COUNCIL (1) ACCEPT TIIE PROPOSED ANNEXATION, AND (2) THAT ALL PROPERTY WITHIN THE TERRITORY HEREBY SOUGHT TO BE ANNEXCD SHALL BE ASSESSED AND TAXED AT THE SAME RATE AND ON THE SAME. BASIS AS PROPERTY WITHIN THE CITY OF EDMIONDS FOR ANY NOW OUTSTANDING INDEBTEDNESS OF SAID CITY, INCLUDING ASSESSMENTS OR TAXES IN PAYMENT OF ANY BONDS ISSUED OR DEBTS CONTRACTED, PRIOR TO OR EXISTING AT THE DATE OF ANNEXATION. MOTION CARRIED. Fist►a►aeia nrpa�t-pia-t�-.cegaxdi.ngr.acqu-is.i,t.ior�_of :,the. Edmonds-Elementary-'Sch-nol—VITs �r�'x.iewed*�+t-vn-,'also suggested that a committee of Counci merilier5 end"'S'C ff be formed to oversee the develop,nent proyram of the 'Facility, and this met Council EDHONDS CITY COUNCIL MINUTES rff... MOTION: app, rowa1*PC--COUNGILMANTNAUGHTfN-MOVED —SECONDFD"BY COUNGI-MMANMCLEMENT, THA•T— co,,, .��,.• C:�. FEGI�IlAII _1979 ,FE SC4ED,UEEOrFpR.,A,-=REV-IEW,DFro-A-POND•-I,SSUC^�AND-•PLAN--FOR THE MOTION E0'40NDSELEIIEI'IT�R'_SC11O0L•+!'MOTION- CARRIED. COUNCILMAN CLEMENT THEiI MOEff � �:rJ S�COl4DL6•BY COUNCILfIAN GOULD,. THAT_ 1HL CITY ATTORNEY BE INSTRUCTED TO DRAFT AN 0P\D1NANC,7ANB TIIE RESULTING 'STAIf V1ORY,'fi'E ACCOMPLISHED,'Ta''ACQUIRE THE EDf1�]iIOS 7 ELUIENTARY_SCHOOL-.-WITH COUNCILMANIC GOADS 1N THE AMOUNT OF $612,000, •AND NECE'•SSA8Y."iiUDGET ADJUSTMENTS GE -MADE PER THE JANUARY 3, 1979 PEVISED STAT-fjE:NT OF- fINANCU'1CJIIPACT DATA RE ACQUISITION OF THE EDMONDS ELEMENTARY, SC110OL, EXCERT.:.-THAT THE $12,000_SHOWiVIN ITEM C FOR, ADM INISTP,ATION.;-CLERICAL, AND OVERHEAD GE-ALI.00AIED•'TO-TIIE-COUNCIL CONTINGENCY FUND; FURTHER, THAT THE UTILITY TAX INCREASE OF 3/4 OF l TO 6 3/4', BE INITIATED AND THAT NO 11ORE THAN THE AMOUNT NECESSARY TO SERVICE THE $612,000 OF GONDS FROM THE UTILITY TAX INCREASE BE PLEDGED TO THAT PROCESS. MOT10N CARRILD. Council members appointed to serve on the Council/Staff committee were Councilman Carns and COUncilwoiiian Allen, with Councilmen Clement,. Nordquist, and Naughten as alternates. Other members of the committee will be the Mayor (Chairman), Mayor Pro tem, Public Works Director, Cannunit•y Development Director, and the Manager of Parks and.Recreation Division. REPORT Old DRAINAGE PLAN FOR 7T11 AND ELH This report resulted from an investigation of a drainage problem stated by John Claus of 1137 7th Ave. S. City Engineer Fred Herzberg reviewed the runoff situation in the area and explained the options which would he to take the water from one drainage basin and to put it into another. Mr. Herzberg said his report was not a detailed engineering report and that a storm water engineer would be working on the problem in the future!, according to priority. He said the problean was nOL serious ennugh to hold back any development in the area r and the Engineering Dvpartnivni. will have a study prepared for budgeting next fall. response will be sent to Mr. Claus. Mayor Harrison announced there would he an Executive Session following this meeting to discuss a property sale offer and labor negotiations report. There was no further business to come before the Council, and the meeting adjourned to Executive Session at 8:50 p.m, r� L '% l-fl!ifIN(I(' f'1'ry r'niib.irir IiJt!11Tr'c In the first cozip le o fueled inflection by Now he is appalled at IM'- Q:; A V By Ben Weberman IF YOU WANT to nail down some of to- i day's juicy yields, it doesn't pay to ac- ' ' ceps lesser quality when terrific yields are availa�.lc in the !• very best. A Trea- sury note dt}c in De- / cembcr } 983 pays ' 9.31%, as of late Jan- uary. As rarely before, quality is the best policy. By moving to a federal agency issue, an issue of slightly lower quality, you improve your yield only by a paltry 0.2% and you sacrifice something; in marketability. What about tax exempts, I can't get excited about a 5.65%, yield on Aaa- rated Wisconsin bonds vis-i-vis that 9.31%, on medium -term Treasuries. For a couple in a 34%, bracket the taxable equivalent yield is 8.56`%.; for a 49% bracket, the effective yield of the five-year Wisconsins is 11.19%,,. But you give up some marketability and quality. Wisconsin is great today but what shout five years frog now?Thirty years from now? As we point out IQ-)), Foimi.s remains convinced that interest rites are near their peak. Nevertheless,'we do not expect them to come (Down quickly —not until the economy has slowed sufficiently to convince' the doubters that high interest rates have done then work in protecting the dol- lar and slowing inflation. There is substantial distortion in the yieldcurvetodny. Normally, long-term bonds yield more than short-term ones; naturally, there is more risk — time risk —in the long-term bonds. A normal yield curve has yields rising as maturity lengthens. But today's yield curve has the highest yields in the short and medium maturities. The reason, of Course, is that this is where the Fed is u�1 ttin& i t S Pre SSure- I-it We/h•rlmltt A lihW4q,rot kit r:s nlr gn_itlr. f years, the President mas5i ge giveaivaj'5. the results. 'Under these circumstances, a sound tactic is to invest in high -yielding me- dium -term bonds due in four or five years and then, when the.yicld curve starts to resume a more normal shape, sell them, take the profits and invest in long; -term bonds. The point is sim- ply that once interest rates start to drop, they will drop fastest (that is, prices will rise fastest) in the short and medium maturities. What makes me so certain that in- terest rates are coming; down this year? I'll be frank with you: I am bet- ting; on President limmy Carter. I think he has become born -again so far as economics is concerned. In the first couple of years of his term he fueled inflation �,y massive giveaways to pressure groupS: farmers, minorities, coal miners, steel magnates, profes- sional urban advocates. Now he is ap- palled at the results, and so are his advisers who face a reelection cam- paign that will start in about 18 months. The Cartcrites know that in- flation is a powerful interest issue and they scarcely want to run against an opponent who can pin inflation on Carter. They would prefer to run Jim- my in an environment where infla- tion has come down and the economy is beginning to recover from the dry- ing -out period of high interest rates that the Fed has imposed. This will take some delicate timing. John F. McGillicuddy, the very able president of Manufacturers Hanover Trust Co., recently said that he ex- pects the bank prime rate to go a trifle higher —to 121/4% or so from the pres- ent 11-1/4%,—hold there in the early months of 1979 and soften as the year goes on. This sounds to me like the most likely scenario. First Boston's brilliant economist, Albert Woini- lower, doesn't agree. He predicts much higher interest rates with Bell System bonds, now 9'/a %, hitting 1 1 %, by year-end. But %Voinilower is, 1 think, looking at the economic face tors without considering the politics of the situation. February 2, 1979 MEMO TO: Harve H. Harrison Mayor FROM: Charles G. Dibble . Mayor's Administrative Asst. SUBJECT: ELEMENTARY SCHOOL BOND ISSUE Art Housler's attached memo introduces the question of the timing of the bond issue. How do you time the issuance of bonds to obtain the best interest rate? As Art reports, the bankers say rates are coming down but the bond consultants say they are going up. There is a third point of view expressed by those who crank politics into their forecasts. Ben Weberman's column from the February 5 issue of Forbes is an example. What these people say is that Carter and Miller will push rates higher in 1979 to give inflation another blow, but election year politics will force a topping out of rates later this year and by this time next year rates will be lower than they are today. In forecasting interest rates, politics should not be ignored. Therefore, maybe elected officials are just as qualified to forecast as are' bond consultants (who make commissions when bonds are issued today and again upon refunding after interest rates come down). CGD/jg Attachments PM, February 2, 1979 TO: Harve H. Harrison Mayor FROM: Arthur J. Housler Finance Director SUBJECT: ELEMENTARY SCHOOL BOND ISSUE Considering that many economists are predicting a slowdown in the economy, the question is raised whether or not it would be beneficial for the City to consider interim financing for the purchase of the Elementary School. If the economists prove to be correct in their prediction and the bonds were not issued until there was a drop in the interest rate, a considerable savings would be realized over the life of the bonds. As an example, a drop of one percent (1%),in interest rates would produce a savings of approximately $6000 in the second year payment. Obviously, there would not be any savings in the first year because of the payment of interest for interim financing. All five of this community's bank managers that were contacted were of the opinion that interest rates would continue to drop; on the other hand, several financial bond consultants said the present softness in rates is just an aberration and interest rates would go up. Because of this contradiction of opinions, I have invited Dick Kennedy, Vice -President of Seattle -Northwest Securities Corporation to make his recommendation at the Council meeting on February 6, 1979. AJH/bar February 23, 1979 T0: Harve H. Harrison Mayor FROM; Arthur J. Housler Finance Director SUBJECT: PROPOSED RESOLUTION AUTHORIZING THE ISSUANCE OF INTEREST BEARING WARRANTS FOR EDMONDS ELEMENTARY SCHOOL Attached is a copy of the proposed resolution authorizing the issuance of interest bearing warrants in order to provide interim financing for the purchase and preservation of the Edmonds Elementary School. The total amount of the warrants to be issued will not exceed $612,000, nor will the interest rate exceed six and one-half percent (6-1/2%) per annum. One year after the date of issuance, payment will be required. It is anticipated that the payment will be made from the funds received from a voted bond issue. However, in the event the bond issue is delayed for any reason, it will be necessary to pass a resolution essentially authorizing a repeat of this process. At the request of Councilman Herb, the following information pertaining to bonds and interest bearing warrants is provided: Bonds — A bond can be defined as a written promise to pay a specified sum of money on a future date or dates, together with periodic interest at a specified rate. The mechanics involve passing an ordinance to authorize the issue, marketing an issue and paying the bonds and interest. All bonds that the City has issued are serial bonds and generally have a par value of $1000 each. Serial denotes two things (1) the bonds are numbered in sequence which provides the basis for redemption and (2) the total bond principal matures in installments. The serial number on the bond also determines indirectly the number of interest coupons that are issued with that particular bond. As an example, if there were 1000 bonds included in a 20 year issue, the bonds numbered 450 to 549 would have a maturity date of 10 years after issuance and each bond within this series would be issued ten interest coupons. One coupon would be re- deemed each year for 10 years and at the end of the tenth year the bond would be redeemed. Interest bearing warrants — Warrants of this nature are generally associated with financing L.I.D.'s on a short term basis, but their use is not restricted to that purpose. (LID warrant attached). An interest bearing warrant can be defined as a directive by the Council or an officer for the Treasurer to pay a specified sum of money on a certain date together with interest at a specified rate to the bearer of the warrant. The mechanics for the purpose prescribed by the attached resolution require the issuing of cash warrants to the School District and contractors/consultants involved and simultaneously issuing interest bearing warrants to the bank for a like amount. Cash warrants are treated exactly like a check, but are used to readily identify this type of transaction. The advantage of this type of financing in this circumstance that money will not be borrowed until it is needed and result paying less interest than if non -voted bonds were issued. AJH/bar Attachments is in February 28, 1979 MEMO TO: Edmonds Elementary School Rehabilitation Building Committee Members FROM: Jim Jessel SUBJECT: REVIEW MATERIAL FOR OUR MARCH 7, 7:30 A.M. MEETING Attached is a brief description of the consultant firms who have submitted "letters of interest" by the February 28, 1979 deadline. More proposals may come.in before our meet- ing and I will forward these as they arrive. Also included is an evaluation chart that you can use dur- ing the interview process. If you have any questions or comments on the Elementary School project, please advise. JJ/mw Attachments zr- 3 s tj (o n o' C m rt D)Eg E co (D C F'• .0 rt F ro n w a w N m u R) rt W 7x�En 03+ i bd rt C Cu Cn Uxi It W w (n ri Fy try :3- rt M O (D rat p11 (D �j `C a o rt ri o0 Cl) � v H N C ro �1aV3j��� o. r� • �, c+� f� c� r� rOz. ° c3 rra fr °'sue ,b ri •i t s z• ]• `�oL, raw Q' �•r� �(`j, r Al r ul� . a � ern ��- ? X rtns � ri s dL � \ '�• c�fl °, G LA 0�s 1 r fro' I'll �1el0 `C iC k-e `C `C `C tC °{ `� ° j Sr�� C)� {` ru (o ro (o ° (D to to cn En (n m cn m m �j CeL 4 �r1 c� hi t7 7 O z d va c� O � LM �y H y H M C v) Cl—O H t—' H z O February 28, 1979 TO: Harve H. Harrison Mayor FROM: Arthur J. Housler Finance Director SUBJECT: PROPOSED ORDINANCE AMENDING ORDINANCE NO. 2042 (1979 BUDGET) AUTHORIZING AN INCREASE IN REVENUES AND APPROPRIATIONS OF THE GENERAL, COUNCIL CONTINGENCY, EDMONDS ELEMENTARY SCHOOL ACQUISITION/DEVELOPMENT, UNDERGROUND WIRING, COASTAL ZONE MANAGEMENT, AND CAPITAL IMPROVEMENT FUNDS Attached is a copy of the proposed ordinance amending the 1979 Budget which includes the following transactions: (a) Increase the cash carry-over amount of the General Fund 001 by $103,900 as a result of unanticipated revenues received during 1978. Certain obligations totaling $30,157 neither were paid in 1978 nor budgeted for payment in 1979; there- fore, the appropriations of the following departments are to be increased: City Attorney Department 220, by $9,451 for revision of the City Code; Finance Department 400, by $10,280 for PERS liability; Police Department 500, by $9,260 for Equipment Rental Fund liability; Parks and Recreation Division by $1,166 for Pine Ridge Park fence and permit application for Underwater Park. In addition to these increases,the 'Interfund Distribution' budget line item of the Finance Department 400 will be increased by $73,743. This will provide the basis for transferring this amount to the Council Contingency Fund 119. (b) Increase the revenue and the appropriations of the General Fund 001 by $44,000 as a result of the Utility Tax rate increase. The 'Interfund Distribution' budget line item of the Finance Department 400, will be increased by this amount and will provide the basis for the transfer to the Edmonds Elementary School Acquisition/Development Fund 336. This money will only be used for paying interest on the warrants that were issued to acquire and maintain the school. (c) Increase the revenue and appropriations of the Edmonds Elementary School Acquisition/Development Fund 336 by $612,000. The revenue increase is a result of issuing interest bearing warrants for the acquisition and mainten- ance of the school. (d) Increase the cash carry-over and the appropriations of the Underground Wiring Fund 115 by $26,035. Projects that were anticipated in 1978 never materialized to the point of implementation. (e) Increase the revenue and appropriations of the Coastal Zone Management Project Fund 192 to $4,112 and decrease the cash carry-over to zero. This Fund was established as a reimbursable fund which constitutes the absence of any cash carry-over. The net increase to this budget is $1,484. (f) A budget for the Capital Improvement Fund was not included in the original ordinance since it was anticipated that all projects would be completed in 1978 and that no additional funds would be available in 1979. Although there are no additional funds, the projects that were budgeted in 1978 were not completed. Therefore, the budget will show cash carry-over of $6000 and revenue of $20,000. The revenue will actually be in the form of reimbursements from Federal and State grants. It is recommended that these transactions be authorized. r n AJH/bar Attachments March 15, 1979 MEMO TO: Harve H. Harrison Mayor FROM: John D. Wallace City Attorney SUBJECT: PROPOSED ORDINANCE AUTHORIZING ISSUANCE OF INTEREST BEARING WARRANTS FOR PURCHASE OF EDMONDS ELEMENTARY SCHOOL The Bonding Attorney prefers that issuance of the interest bearing warrants for purchase of the school be authorized by ordinance. The proposed ordinance is attached. John D. Wallace City Attorney Attachment 1— G v� r STATE OF WASHINGTON, as. COUNTY OF SNOHOMISH, Affidavit of Publication The undersigned, being first duly sworn on oath deposes and says that she is Principal Clerk of the EVERETT HERALD, a daily news- paper printed and published in the City of Everett, County of Snoho- CITYOOF iioMONOS, mish, and State of Washington; that said newspaper is a newspaper WASNIN TON. pRgice of general circulation in said County and State; that said newspaper INAo1 The COYAN ❑RgINANCE 01 The fall ed to nthe Incurring aT in• has been approved as a legal newspaper by order of the Superior dabledness for the Purpose of tlnoncino the acoulsit[on, rc- Court of Snohomish County, and that the notice modeling, mofnlenonce and repair of she Edmonds Ele- mentary SChool building and ordinance 2Oj$ grounds; drovrdina for the is- SuonCe of Tnloresi-bearing»µ~ ................ ...• .. ................................._.__.............-_.._..._•.................._..._w__.... worronls drawn upon the Spe• „�• clol acqulsllfoo and devel• opmenf fund heretofore created pending the [ssuonce .„ ».__..._.».......•.................................. and sale of linnifad general.............w.................... ......___.. obligaltgn bonds oodlor Vndrn- lied general obligation bonds; and accepl[ng the offer of Rainier Nationro .o nk to our• ..................... ..................».........._.____.._........._....._............_......._...........•.................... chase surkv t°col 1-be 0ring warrgQtl,¢c°yyaed ti�A;; Infer. a printed copy of which is hereunto attached, was published in said Jle6 51'° c eye<nra.ra 10 a• `one 'X'k' c N� a`pF� 6ca or .ed newspaper proper and not in supplement form, in the regular and c� b6y �r ;�o�ti o 5 0, N t;�a�° sa:"rire rI entire edition of said paper on the following days and times, namely: \O*�Y .•1�,�4'c4° 6A 4 p4 19 �' °G D\ � �e3ab ° .23, .......a�aL ---rch lO: .......... jot, oI Dsn a "�a ey day `,4 ac °Qz 11%� `�,` vp ,s'4 °cd PiloAlSkit ,Cc `Syaa�,apg4c��ycs gy1o���cq Al{loV°{lnl �D°�. p� �f,•D°ti [��d �h4[l', y JC �'P S................................. ................•._....................._.».»..........•....__.............. and that said newspaper was regularly distributed to its subscribers suss luoll�as Au 4g°oD9e�yo�oo °.O4�r��.oQ.-ealg vfl�!,al ��- s°��o�coaFtitiu° a31�of said period. slut -ua L o l°u lip4s 1 oC3y y�r� n.C.a. s.e-•� ¢ �'� a �`' r yq a Gb ,� r� .1iwJaauf 4 aJJ�w OAISJD ~t�� ` a�a rC a • a4sp �a 1g`J\ m oeap°c ` °° c •... 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Aq{liPepuawq sp oulpJ� I, in. , `'Sy a lA��%ter° �° a Jq ec�lc la Allq Doi 30 At M Aid ut pS Ilion �� -' e C d tp �a a ao Sp r�e�aG otiA�cae' T+oy la sluauJaJ{nual a4i llil will \! ....._.. e1 SIVOL'6U11114 t paa D rP 1 9daS D aa° finaq' �ts�� �q°�qo o° � �0�rbpa°°y°P le 4� -JDo Aut}-asualf A4 papuaw for �yc�i .` ,� �o L ,o O - •awaulPiO 414E aa3 , $pco'co°B oti q�84phy,L01, 6a1�a[� Gq 2 11°4s, Da* JuAI to uawa;tpl ' .e1, cy. ar �• y - So l0 1CB adudu{RJp L° 51p euypNn4 In. - :�,aFsu'' cc °\�°o``c q°4U+a °4QR� till+^ AidV'1O7 aL Il 1 Uo147a5 the .., . p�� °, car t moo~ 0 \y 04• �,r•-.::..........................._... 9l$ 1a41 AaP tt'jUur1L •oi4WQ5 w� .ilr as .ayy � yyW;e J�bc y* 4; �� ��% ^te of Washington, oulu.10tA I 1g 1 p°aP. T.61 � el; 042��4- `�ru ti J2 unty. g uiyll+" a,aP'J�AUI ill l;'Su of ;q °l ; Q- O { Ld qA4 -lya7 au! 1D44 �Jnau1 ` � Y W +l aJnonsls au! °.�daw CSC hoc o �� C7 yah Ai4pu6LDaJ ssa11{liln ' qad a%ts Ij ! trgh ass •. 4+ M C h ^r ?. Pllg tPalsAs uaa4 DAaii O'Vy�w2cy QQ.P2G `Zq G c� Oilµ nM OJLua]Uoll6 4 oujo'0 y� �2w� -uo] jot 1ou6SDaspaJ uoonlowll I [ O 5 s O s -Molls le lnata4luanoy hays La147llaJ{d j �y'�`±v,ggc�yrG�. q YIgM fbJiva] �'@' Py [•'v! aril ,Wauoik pul Jot ida7xa a 4LlrA uoia'Ak � uit 01 11s 42sp gJniouaa4 Dopy 1salL{I1j°1 l{u \\ aia4r'A Lo4!^DP.1,��nJID7aa4t B-2-1 March 19, 1979 MEMO TO: Harve H. Harrison, Mayor Members of the City Council FROM: Arthur J. Housler Finance Director SUBJECT: PROPOSED ORDINANCE #2058, ITEM K ON THE MARCH 20, 1979 COUNCIL CONSENT AGENDA Although Rainier National Bank quoted the lowest interest rate for the interim financing of the school, I did not have a confirmation letter at the time the council packets were delivered. I now have a letter confirming their quote of 6.10%. This information will be inserted in the appro- priate places of the ordinance. AJH/st COUNSEL HAROLD S. SHEFELMAN VICTOR O. LAWRENCE JAMES GAY ROBERT G. MOCH GEORGE M. MACK BRIAN L.COMSTOCK TIMOTHY R. CLIFFORD JAMES S. TURNER LEE R. VOORHEES,,JR. WILLIAM N APPEL DAVID B. SWEENEY WILLIAM G. TONKIN DAVID A. BENNETT ROBERT H. CAMPBELL ROBERT G. MULI_ENDORE ROGER A-MYKLEBUST GARY N. ACKERMAN RUSSELL 5.REAO DIANE D. KENNY JON W. MACLEOD LAW OFFICES ROBERTS, SHEFELMAN, LAWRENCE, GAY & MOCH 1818 IBM A'JILDIING SEATTLE,WASHINGTON 98101 TEL.'2061 6221618 City of Edmonds, Washington and Rainier National Banc Edmonds Office 306 rain Street Edmonds, WA 98020 March 30, 1979 JAMES P WETER i1077-19591 F M ROBERTS (1530-1973' JAMS C HARPER (RETIREDI Re: City of Edmonds, Washington, Edmonds Elementary School Acquisition and Development Fund Warrants By Ordinance No. 2030, passed on October 30, 1978, the City Council of the City of Edmonds, Washington, created a special fund in the office of the Finance Director of the City known and designated as the "Edmonds Elementary School Acquisition and Development Fund No. 336" to be used for the sole purpose of acquiring from the Edmonds School District No. 15, Snohomish County, Washington, the Edmonds Elementary School building and site and including the cost of paying the costs of remodeling such building and providing funds for the repair and maintenance thereof. By Ordinance No. 2056, passed on March 6, 1979, the City Council of the City duly appropriated $612,000 to be expended out of the "Edmonds Elementary School -Acquisition and Development Fund No. 336" for the purposes specified in Ordinance No. 2030 and provided for the deposit in such fund_ of prorepdG of apr,ara ob] i_ga t_on bonds of the City. By Ordinance No. 2058, passed on March 20, 1979, the City Council of the City authorized -the issuance and sale of limited general obliga- tion bonds of the City to provide funds necessary to pay the total estimated cost of acquisition, remodeling, repair and maintenance of the Edmonds Elementary School in the approximate amount of $612,000, such A. J HOUSL'ER APR 0 2 1979 City of Edmonds, Washington and Rainier National Bank March 30, 1979 Page Two bonds to be sold by March 20, 1980. In addition, that ordinance pro-. vided that if the City Council determined to submit to the qualified electors of the City at a special election to be held therein a proposi- tion authorizing the issuance and sale of unlimited general obligation bonds of the City in the approximate amount of $541,500, such bonds to be payable from annual taxes to be levied upon all property in the City subject to taxation without limitation as to rate or amount and to be issued for capital purposes only other than the replacement of equipment for the purpose of providing the necessary funds to acquire and remodel such school building and the site thereof, such bonds shall be issued and sold, if so authorized, by March 20, 1980, and in that event the principal amount of such limited general obligation bonds shall be reduced to approximately $70,500. Also by Ordinance No. 2058 the City Council authorized the issuance of interest -bearing warrants upon the "Edmonds Elementary School Acquisition and Development Fund No. 336" for the purposes of that fund and within the budgetary appropriation therefor as authorized by Ordinance No. 2056 and bearing interest from the date of issuance and not paid for want of funds until called as provided by law at the -rate of 6.10% per annum. Rainier National Bank has offered to purchase those warrants from the holders thereof at the above interest rate, which offer was accepted -by the City Council by Ordinance No. 2058. Ordinance No. 2058 provides that the proceeds of sale of the aforesaid general obligation bonds or other available City funds shall be deposited in the "Edmonds Elementary School Acquisition and Development Fund No. 336" no later than March 20, 1980, and be used to redeem those warrants. It is our opinion that such warrants, when duly authorized, issued and executed, and bearing the aforesaid interest for the pur- poses described in Ordinance No. 2058 and not in excess of the principal amount of $612,000, will be valid and binding general ob- ligations of the City of Edmonds to be pa -id frCA-iin Ordinance No. 2058. In our opinion the interest on such warrants under existing federal law and rulings will be exempt from federal income taxes. Respectfully submitted, ROBERTS, SHEFEISZAN, LAWRENCE, GAY & MOCH By George 14. Mack Gt.Ul : s 1 s D March 30, 1979 MEMO TO: Harve H. Harrison Mayor FROM: John A. LaTourelle, Director Community Development Department SUBJECT: RECOMMENDATION ON SELECTION OF ARCHITECT FOR EDMONDS ELEMENTARY SCHOOL On March 21, 1979, the Edmonds Elementary Building Committee reviewed consultants for this rehabilitation project. All four firms interviewed, Arai/Jackson, Kovalenko and Associates, ARC, and Morse/Stafford, presented excellent rehabilitation experience. Arai/Jackson's many community center projects, as well as their rehabilitation of the 100,000 square foot Bush Hotel into a community center, portray the specific experience needed for the Elementary School, and were recommen- ded as the design consultant for the Edmonds Elementary rehabili- tation. We hope that the City Council will approve the firm Arai/Jackson so that they can initiate the preliminary planning phase in preparation for the Port Ludlow retreat presentation. If you have any questions or comments on the Building Committee's recommendation of Arai/Jackson as the consultant for the Edmonds Elementary School rehabilitation project, please advise. JHJ / mw 6`-/4 /7 CITY OF EDMONDB WASHINGTON 98020 REQUEST DATE: PAYMENT REQUEST BATCH DATE: VENDOR'S NAME: _ f 'LL9 ,ia5 VENDOR'S ADDRESS: INVOICE NUMBERS •DESCRIPTION �i1i13 TOT�L- PRICE f T I ORDERED BY: RECEIVED BY:� 1 PAYMENT APPROVED BY: EARLY RELEASE: VOUCHER NUMBER 1TG VENDOR NUMBER V�T PRE -ISSUED WARRANT NUMBER V PURCHASE ORDER NUMBER PO COD PROJECT N40UNT f][ d �Q - TOTAL AMCUNT 'uarrf�.1 5 d f` TREASURER'S RECEIPT Edmonds, Washington I NQ 0106 A Cash Check Item ANIMAL LICENSE ANIMAL CONTROL BICYCLE LICENSE GUN PERMITS STATE SHARE FINGERPRINTING COURT/FINES TRAFFIC SAFETY M.V.I.P. BUSINESS LICENSE BUILDING PERMITS R/W CONSTRUCTION ZONING/SUBDMSION PLAT INSPECTION RECORDING FEES S.E.P.A. REVIEW PHOTOSTATING MAPS/BOOKS SALES TAX RECREATION FEES DONATIONS — AID CAR CUSTOMER DEPOSIT LOCAL SALES TAX LEASEHOLD TAX REIMBURSEMENT SALE OF INVESTMENT -7-eO 7/? c -17 //• / PreW424718d 'aer paid for wsK'- �+ 33641 .—` :: CITY- Oi EDMONDS :fro. daft Edmonds, Washington —� pril 2 f 79 _ Principal S12 r� 500.00 Pay to Rainier National Bank or order Five hundred tweet t .. . ___ thousand five hundred - - - - - - - - - -xx/1N fdmpnd5 ementar�lc uisj�on � n n lit: Ont of....---.....--_--•------•----._-.._�---___... �...-.__.....�� eve o ent un Acqui s i ti on & Maintenance of the_5chool _ - ;gbe p°�°'e ' of -- ------- seder Ordinance No. i not otherwise appropriated. This wamnt is not a general debt of the City of Edmonds and is payable only i Out of the proceeds from the Bond issue for which it is issued. _. - f Mayor e REGISTERED WARRANT `L Finance Director .__-_ 1: 12 5000 LO 51:0 3 38r,,0000 L Lus Pre_^ated and "not paid for want o 'ds." This warrant%�a�w/s� interest at the rate of (��11L per cent per annum from date of issue until redeemed. 33601 No.. .... .. _. .. REGISTERED WARRANT A r2, 1979 Date---------p----il ---------------------------------------------- Principal $-5221500.00 Rainier National Bank ------------ For--AXgUj5jt On --- &--- Maintenance --of UmQnd-s,__EJ n-t-&rY _ac-bDol CITY OF EDMONDS 10.:._____.........__._ Edmonds, Washington: - 19-1`L -------------- Principal $ r ✓`gyp Pay to ....,11��- or order '{�.:._-----------------------------.....---- Dollars Out of_� ---- for the purpose .� �� --'--i[ ,f -- .•� under Ordinance No. ----- not otherwise appropriated. This warrant fs not a general debt of the City of Edmonds and is payable only out of the proceeds from the Bond issue for which it is issued. REGISTERED WARRANT Mayor Finance Director 1: 12 5000 LO SQ0 3 313m0000 L Lii' March 29 �979 V, MEMO TO: Jim Jessel FROM: Tom Vander Sys SUBJECT: COST ESTIMATES FOR EDMONDS ELEMENTARY SCHOOL "MOVE -IN" The following are cost estimates for new office equipment and alteration costs necessary for the Elementary School move -in. I. Equipment uamtit Cost A. Secretary Desk 1 $ 247.00 B. Secretary Chairs 3 240.00 ! C. Waste Baskets 3 40.44 D. Horizontal Trays .3 26.82 E. Desk Calendars 3 7.47 F. Staplers 3 25.14 G. First Aid Kit 1 26.80 H IBM Correcting Typewriter 1 810.00 Sub Total $1,423.67 Sales'Tax 76.33 $1,500.00 A. Rental of Savin Copier #770 1 $ 150.00/mo. $1,275.004 (April 15-Dec. 31) III. Construction & Miscellaneous Services A. Partitioning for Office Spaces $ 250.00 (including two doors) B. Counter, Sliding Windows & Shelf 500.00 C. Cleaning and Painting 740.00 D. Labor 500.00 Sub Total $1,990.00 $1,990.00 IV.. Tele hones A. Installation $ 378.00 B. Cost for Telephone Services, 1979 635.00 (April 15-Dec. 31) Sub Total $1,013.00 $1,013.00 TOTAL 1979 "MOVE -IN" COSTS____�_�5, 7281, 00 S-kz -W t Note: All equipment cost estimates per Jack Lewis; t and all construction costs per Felix deMello. i E?MONDS SCHOOL DISTRICT 1, EDUCATIONAL SERVICES CENTER 3800 196fh S.W., LYNNWOOD, WASHINGTON 98036 (206)118.8960 AN EQUAL OPPORTUNITY EMPLOYER April 30, 1979 P.U.D. #1 of Snohomish County P. 0. Box 1107 Everett, WA 98206 Please adjust billing to reflect the cancellation of our account at Edmonds Elementary School, 700 Main St., Edmonds, WA 98020 as of April 2, 1979. The City of Edmonds purchased the building as of that date. Thank you. :10 cc: City of Edmonds 250 5th Ave. N. Edmonds, WA 98020 Sincerely, V'11 m I I �or}une Dlrectnr of Ruxlnemh &•rvicce William M. Fortune Director, Business Services Account #8126 167218 0i u a The following petitioners would like some consideration for parking close to the Frances Anderson Center: OCT 2 3 1979 Lumonas City Clark DEN ff RPIHY AIUACE P:L.L.C. ATTORNEYS AT LAW October 10, 2003 Pamela L. Krueger, Esq. Perkins Coie LLP One Bellevue Center, Suite 1800 411 - 108th Avenue N.E. Bellevue, WA 98004-5584 Re: Edmonds Elementary School/Frances Anderson Center Dear Pamela: RFCEiVED &7`13 2003 EDMONDS CITY CLERK J. Zachary Lell In 1979 the City of Edmonds initiated condemnation proceedings against Edmonds School District No. 15 to acquire the former Edmonds Elementary School property. The parties ultimately settled the action, and the City provided the sum of $426,886.30 to the District in full payment for the parcel. The subject property is located at 700 Main Street in Edmonds and for several years has housed the City's Frances Anderson Center, public library and plaza meeting room. In reviewing the relevant Snohomish County records, the City has recently discovered that the District is still listed as the legal owner of at least a portion of this site. Apparently the appropriate conveyance documents were never filed after settlement of the City's condemnation action in 1979. To correct this omissior, J1 Have drafted, tile enclosed quit cla-lin deeds, which upon execution will formally clarify the City's ownership and remove any uncertainty surrounding the title of the subject property. I would appreciate your assistance in obtaining the necessary signatures from your client and returning these documents to me at your earliest convenience. After receiving the executed deeds from you, I will file them with the Snohomish County Auditor's office and hopefully resolve this issue permanently. I have also enclosed for your reference copies of the Order Directing Payment of Judgment from the City's condemnation proceeding, a copy of the dispersal check to Edmonds School District No. 15 dated April 11, 1979, and an April 13, 1979 utility billing memorandum from your client acknowledging transfer of the subject parcel's ownership to the City. Hopefully these records will suffice to demonstrate the previous conveyance of this property. Established 1902 A Member of the International Lawyers Network with independent member law firms worldwide VL& ML.;Yyb60a gNol5o/}Seattle, WA 98101-1686 • 206.4477000 • Fax: 206.447.0215 • Web: www.omwlaw.com Pamela Krueger, Esq. October 1, 2003 Page 2 DEN MLrCE P. L. L. C. ATTORNEYS AT LAW Thank you in advance for you assistance in this matter. Please feel free to contact me with any questions or concerns. Very truly yours, OGDEN MURPHY WAL - 'E. P.L.L.C. J. Zachary Lell JZL/ Enclosures CC" Sandra Chase, Edmonds City Clerk (w/o encl) Established 1902 A Member of the International Lawyers Network with independent member law firms worldwide 1601 Fifth Avenue,'Kite 2100 • Seattle, WA 98101-1686 • 206.447.7000 • Fax: 206,447.0215 • Web: www.omwlaw.com Date: To: From: Subject: MEMORANDUM August 15, 2002 Scott Snyder, City Attorney Sandy Chase, City Clerk ��R Frances Anderson Center Property — 700 Main Street The City of Edmonds purchased the Frances Anderson Center property in 1979 (formerly the site of Edmonds Elementary School). Attached is a copy of Ordinance No. 2058 from 1979 that discusses financing the acquisition of the Edmonds Elementary School building and grounds. The ordinance references eminent domain proceedings that took place at that time. Noel Miller, Public Works Director, is currently working with the PUD with regard to the electrical system at the Anderson Center. The PUD researched ownership records in order to enter into an easement with the city, and the Title records indicate that the ownership of the Anderson Center is still shown as Edmonds School District. Noel stated that he does not believe there will be a problem in entering into an easement with the PUD. However, there seems to be a problem with the Title for the property that needs to be cleared up. What needs to be done to resolve this issue? Thanks for your help. Attachment cc: Noel Miller, Public Works Director Arvilla Ohlde, Parks and Recreation Director City of Edmonds cgs Administrative Services City Clerk's Office October 26, 1981 MEMO TO: Harve H. Harrison Mayor FROM: Jim Jessel, Director Parks and Recreation Department SUBJECT: APPROVAL OF COMPREHENSIVE PARKS AND RECREATION P The Interagency Committee for Outdoor Recreation, who is funding the Dayton Street Park Project, requires annual City Council approval of comprehensive plans to maintain grant eligibility. Attached is our updated plan for your and the Council's review/approval. The Planning Advisory Board has reviewed and approved this document. On October 13, 1981, I reviewed the Comprehensive Plan with the City Council's Public Works Committee who noted that our Capital Improvements Plan priorities (page 20) are generally valid. Specifically, they recommended that the Meadowdale Playfield Project (priority #7) be maintained and that we should provide staff assistance to the Edmonds School District and to the City of Lynnwood in this develop- ment. Also, Larry Naughten asked for the Frances Anderson Center as noted in Plan and this list is attached. JJ/mw Attachment long-range needs for the the Capital Improvements FRANCES ANDERSON CENTER IMPROVEMENT NEEDS 1980-1985 IMPROVEMENT COST Handicap Access Improvements. $ 345,000 Complete Rest Room Renovation. Replace all plumbing fixtures in building. 50,000 Improve Hallways, Stairs, Classrooms: 80,000 Flooring. Lighting. Celings. Fixtures. Paint Exterior. 30,000 Improve Playfield. Add play equipment. 30,000 Paint Interior. 16,000 Build Dumpster Shelter/Screen. 5,000 Add Fitness Room to Gym (stage area). 15,000 Renovate Showers; Add Sauna. 50,000 Remodel Front Office; Complete Back Office Remodel. 10,000 Remodel Downstairs Kitchen. 6,000 Replace All Windows and Frames in Old Building and Wings. 120,000 Repour Gym Floor or Find a Final Solution to Floor Problems. 25,000 Rewire Buildings; Electrical Renovation 80,000 Repair Storm Drains to Eliminate Seepage in East Basement Wall. 45,000 Improve Drainage Around Building. 25,000 Landscape Grounds. 150,000 Provide Security Light for Exterior. 12,000 Add Closed Circuit T.V. for Halls/Doors for Vandalism Prevention. 10,000 Replace All Exterior Doors, Except Front. 2,000 STATUS Completed. ANDERSON CENTER IMPROVEMENT NEEDS Page two IMPROVEMENT Ventilate Gym. Add Hot Water Tank Separate from Boiler Replace All Heater Controls and Add Vent System. Add Bicycle Racks. Provide Janitor's Closets on Second and Third Floors. Replace Lights in Gym. Purchase Equipment for Activity Rooms: Universal Gym. Scoreboard. Mats for Gym Walls. Gymnastic Equipment. Projectors, Screens. Tape Recorders. Tables. Additional Darkroom Equipment. Remodel Classrooms for: Kitchen/Meeting Room. Tiered Meeting Room (projection/sound) Vandal Guard Exterior. Build Stage and Improve Lights for Amphitheater. Repair Cracked Concrete, Broken Blocks, Entry Ways, Etc. Add Solarium to Sough Side of Gym. Repair Roof. Insulated Curtains. Boiler Repairs. Solar Heating of Facility. Parking Improvement on Dayton Street Side. Signage. SUBTOTAL INFLATION THRU 1985 TOTAL COST _ $ 1,500 1,500 25,000 500 5,000 6,000 17,000 25,000 25,000 10,000 30,000 80,000 30,000 15,000 17,000 325,000 90,000 8,000 $1 ,800 ,500 179 ,500 $2 ,000 ,000 STATUS Completed. Completed. Completed. Presented and "not paid for want CITY -I✓`' - - - _ of funds." This warrant draw/ . interest at the rate of. r7� =9 �dt m4 - Waabingeon _ __ .---G—il _L._. Per cent per ,annom from datt _ . • - - of issue until redeemed. - :AAA Ar 5+D Pay to Rainior fa _.. Fi.Y.�_KL111.��@�:. �i7�'�Y---�>t�*a►�*r�,���r�'**rr****�i*,rw**�� Out of-_UM9"! ds_ E1 emei]ta tot ti>►'purpose of Acquisition-ti R_: -+ruder Ordinance No, not otherwise approprlat *OT Of tk Oit7 of Edmonds and is Papabic only out of the proceeds fma the V-' r REGISTERED WARRANj-- .f January 18, 1980 MEMO TO: Harve H. Harrison Mayor FROM: Steve Simpson, Recreation Administrator Parks and Recreation Division SUBJECT: AUTHORIZE MAYOR TO SIGN LEASES FOR FRANCES ANDERSON CENTER Attached are the 1980 Frances Anderson Center leases. All are 1979 tenants who would like to continue theirleases through 1980. The lease cost of 32(,% per square foot is the same as for 1979. Lease costs for new tenants will be 35� per square foot. The Parks and Recreation Division requests the City Council authorize the Mayor to execute the contracts. 1980 Anderson Center Tenants Revenue 1. Edmonds Arts Festival Museum $ 89.60/month (Continuing lease began October 1, 1979) 2. Edmonds Recreation Preschool $ 55.83/week (Continuing lease began September 4, 1979) 3. Work Opportunities $1298.00/month* (Continuing lease began June 1, 1979) 4. Mildred Irene Greybeck Brandauer (artist) $ 25.00/month (Continuing lease began December 14, 1979) 5. Edmonds Day Care $1779.30/month* (Continuing lease began June 1, 1979) 6. Youth Club of Edmonds/Lynnwood $ 268.80/month (Continuing lease began November 1, 1979) 7. D.R. Brudvik, Inc. (Western Refrigeration) $ 618.00/month (Continuing lease began June 1, 1979) 1 8. The Elm Club $ 646.00/month (Continuing lease began September 20, 1979) *At $ .30 per square foot because lessee does all of area maintenance. SOS/mw Attachments - 8 CITY OF EDiQJiCNOG CIVIC CENTER • EDMONDS. WASHINGTON 99020 (206) 775-2525 COMMUNITY DEVELOPMENT DEPARTMENT January 17, 1980 Dear Citizen: Subject: Frances Anderson Center Development HARVE H. HARRISON MAYOR Several weeks ago we promised you copies of our Opinion Survey on the future development at the Frances Anderson Center. We hope that you will distribute the enclosed survey forms to your neighbors and friends in preparation for our January 30th public meeting. If you have any question on the survey or on the January 30th meeting, please contact Jim Jessel, Manager of Parks and Recrea- tion, at 775-2525. Thank you for your contribution in the development of this community facility. Sincerely, fKaZ Columbro, Chairman Parks and Recreation Advisory Board JJ/mw Duplicate Letter Sent To: Ad Hoc Citizens Katherine Allen Norma Bruns Ray Gould Laura Hall Sharon Johnson Jim Kreiss Larry Naughten Joanne Nelson Vivian Smith Joe Wermus Parks Advisory Board Dick Fray Doug Gerbing Bill Harold Sharon Johnson Rod McLeod Mary Ann Sawyer Library Board Richard Kirschner Victor Schoch Anne Wermus Mayumi White Shirley Betham CITY OF EDMONDS ANDERSON CENTER OPINION SURVEY The following six planning divisions represent the activities, criteria, methods and options that must be evaluated by the comnunity to -assist in the development of the Francis Anderson Center Master Plan. 1. Existing Building Use 2. Existing Building Potential Use 3. Potential Site Development 4. Site Planning 5. Development Construction Funding 6. Maintenance and operation funding Please enclose your name and address if you wish the results of this opinion survey. All results shall be kept confidential. NAME ZIP The Anderson Center Master Plan Site includes 4.9 acres bordered by Main Street, 8th Avenue South, Dayton Street and Durbin Way. (See enclosed site plan) PIING DIVISION 1 Existing Building Use evaluate the following revenue Undesirable Desirable producing activities for continuing One (1) thru ten (10) use at the existing building Activities 1. Day Care 2. Preschool 3. City Parks & Recreation 4. Work Opportunities 5. Youth Club DI , . " -• Evaluation PLANKM DIVISION 1 Existing Building Use con't Activities 7. Unity Church of Everett 8. Driftwood Players 9. Gymnasium 10. Western Refrigeration 11. Edmonds Arts Caumission 12. Pottery by Park & Recreation 13. Resident Artist PLAITING DIVISICN 2 Existing Building Potential Use Evaluation evaluate the following activities Undesirable Desirable for potential new use of the One (1) thru Ten (10) existing building Activities 1. Performing Arts 2. Creative Arts 3. Historic Museum 4. Senior Citizens 5. Handicapped Training 6. Educational Enterprises 7. Governmental S. Private Enterprises 9. Public Social Service Evaluation 2 PLANNING DIVISION 2 Existing Building Potential Use con't Activities 10, Social & Special Events 11. Individual & Dual Sports 12. Group Sports 13. Others PLANNING DIVISION 3 Potential Site Development Evaluation evaluate the following potential Undesirable Desirable NEW DE"VII.EPHERT activities for One (1) thru ten (10) the Anderson Center Site Activities 1. Library 2. Multi -purpose Sports Field 3. Outdoor Amphitheater 4. Passive Open Picnic Areas 5. Public/Private Racquet Club, i.e. tennis, racquet ball, pickle ball, basketball, volleyball 6. Jogging path and activity stations 7. No change S. Partial demolition of existing building for open space use 9. Others Evaluation 3 PLANNING DIVISICN 4 Site Planning evaluate each of the following site planning criteria I. One Way Traffic for 8th Avenue South, Dayton Street & Durbin Way 2. More Landscaping 3. No Landscaping Change 4. Less Landscaping 5. Parking on the Anderson Center Site 6. Developed Urban Site Use; Tot Lot, Band Stand, Hard Surface Areas, etc. 7. Natural Non -Specific Site Use 8. High Activity Site Use; Sports, etc. 9. Other PLANNING DIVISICK 5 Development Construction Funding Undesirable Desirable One (1) thru Ten (10) Evaluation evaluate each of the Undesirable Desirable following methods to finance One (1) thru Ten (10) the Anderson Center development construction Methods I Evaluation 1. Public Bond M PLANNING DIVISIM 5 Development Construction Funding con't Evaluation 2. Federal and State Funding (if available) 3. Combination of Bond Issue, PRIVATE DEVELOP, Private Financing and Federal Funding PLANNING DIVISION 6 maintenance & Operation Funding evaluate the following Undesirable Desirable methods of maintenance One (1) thru Ten (10) and operation funding options Options 1. Continue Existing Revenue Support with Lease Space, Entrance Fees, Event Revenues, etc. 2. Provide FREE Use of Existing & Future Developed Facilities, Publically Supported by Taxes, Bonds, etc. 3. COMBINE Continued Existing Revenue Support of Lease Space, Entrance Fees, etc. With a PRIVATE DEVELCM and Private Financing for Future Developed Facilities 4. Others Evaluation Enclosed find the plot plan for the Anderson Center. make design drawings as is necessary to express your ideas. 5 i d �i •i � i I� d •i 1 r �� M �1 •f� 0 Phan T I HF:F CBy rr__R T1; dd Tt 101Y OFFIC L �� _ fit= rhi CITY OF EDMONDS, WASHINGTON CITY Cl_IF;i< ORDINANCE NO. 2125 AN ORDINANCE of the City of Edmonds, Washington, relating to the incurring of indebtedness for the purpose of financing the acquisition, re- modeling, maintenance and repair of the Edmonds Elementary School building and grounds; providing for the issuance of interest -bearing warrants drawn upon the special acquisition and development fund heretofore created pending the issuance and sale of limited general obligation bonds and/or unlimited general obligation bonds; providing for the issuance of interest -bearing warrants to fund the warrants heretofore issued; accepting the offer of Rainier National Bank to purchase such interest -bearing warrants and fixing the interest rate the same are to bear; and amending Section 2 and 3 of Ordinance No. 2058. THE CITY COUNCIL OF THE CITY OF EDMONDS, WASHINGTON, DO ORDAIN as follows: Section 1. Section 2 of Ordinance No. 2058 is amended to read as follows: Section 2. The City hereby authorizes the issuance and sale of limited tax general obligation bonds of the City to provide the funds necessary to pay the total estimated costs of acquisition, remodeling, repair and maintenance of such building in the approximate amount of $6.00,000, such bonds to be issued and sold by November 1, 1980, except that if the City Council shall hereafter determine to submit to the qualified electors of the City at a special election to be held therein a proposition authorizing the issuance and sale of unlimited tax general obligation bonds of the City in the approximate principal amount of $541,500, such bonds to be payable from annual taxes to be levied upon all property in the City subject to taxation without limitation as to rate or amount, and to be issued for capital purposes only other than the replacement of equipment, for the purpose of providing the necessary funds to acquire and remodel such school building and the site thereof, such bonds shall be issued and sold, if so authorized, within one year from the date of passage of this ordinance, in which event the principal amount of such limited tax general obligation bonds shall be reduced to approximately $70,500. Section 2. Section 3 of Ordinance No. 2058 is amended to read as follows: Section 3. Pending the issuance and sale of the limited tax general obligation bonds and/or unlimited tax general obligation bonds herein authorized, the City may issue interest -bearing warrants for the purposes authorized herein drawn upon the "Edmonds Elementary School Acquisi- tion and Development Fund No. 336," within the budgetary appropriation therefor as authorized by Ordinances Nos. 2056 and 2105, such warrants to be presented to the Finance Director of the City marked "Not paid for want of funds" and to bear interest at the rate of 9.7 per annum from date of presentment until called for payment. -2- Section 3. Warrants currently outstanding drawn on the "Edmonds Elementary School Acquisition and Development Fund No. 336" and, under the terms of Sections 2 and 3 of Ordinance No. 2058 as originally passed, due for redemption on March 20, 1980, shall be redeemed, both principal and interest, by that date by the issuance of a warrant issued pursuant to Section 2 of this amendatory ordinance. Section 4. The offer of Rainier National Bank to purchase such interest -bearing warrants from the holders thereof at the interest rate above specified and pursuant to the terms of this amendatory ordinance is hereby accepted and such warrants shall be paid out of the proceeds of the sale of such unlimited tax general obligation bonds and/or limited tax general obligation bonds, or from other available City funds, to be deposited in the "Edmonds Elementary School Acquisition and Development Fund No. 336" no later than November 1, 1980. Section 5. This amendatory ordinance shall not be con- strued as affecting the rights of the holders of the currently outstanding warrants issued pursuant to Ordinance No. 2058. Section 6. This ordinance shall take effect and be in force five days after its passage, approval and legal publication. PASSED by the City Council of the City of Edmonds, Washington, at a regular open public meeting thereof and APPROVED by the Mayor -3- this 11th day of March, 1980. ATTEST: CITY OF EDMONDS, WASHINGTON By r Mayor City Clrk FORM APPROVED: City Attorn y FILED WITH THE CITY CLERK: March 7, 1980 PASSED BY THE CITY COUNCIL: March 11, 1980 POSTED: March 12, 1980 EFFECTIVE DATE: March 17, 1980 —4— AFFIDAVIT OF POSTING ORDINANCE STATE OF WASHINGTON } ) ss: COUNTY OF SNOHOMISH } IRENE VARNEY MORAN , being first duly sworn on oath deposes and says that S he is over the age of eighteen (18) years and is competent to testify as to the matter stated herein. On the 12th day of March , 1980 , affiant posted true and correct copies of the attached Ordinance No. 2125, passed by the City Council on the 11th March day of , 198 0, at the three official posting places for City notices which are the public bulletin boards at the following locations: Edmonds Civic Center 250 Fifth Avenue North Edmonds, Washington 98020 Edmonds Public Library Civic Center 250 Fifth Avenue North Edmonds, Washington 98020 Edmond Branch of the United States Post Office 201 Main Street Edmonds, Washington 98020 DATED this 12th day of March , 198 0. SUBSCRIBED AND SWORN to before me th s /Z', day of Met ,z 198 N to y Public in and for the State of a7hington, residing at 2 n T TREASURER'S RECEIPT N 0 0814 -Edmonds, Washington j A Check Item ANIMAL LICENSE ANIMAL CONTROL STATE SHARE FINGERPRINTING TRAFFIC SAFETY M. V.I.P. BUSINESS LICENSE BUILDING PERMITS R/W CONSTRUCTION ZONING/SUBDMSION PLAT INSPECTION RECORDING FEES S.E.P.A. REVIEW PHOTOSTATING MAPS/BOOKS SALES TAX RECREATION FEES DONATIONS — AID CAR CUSTOMER DEPOSIT LOCAL SALES TAX LEASEHOLD TAX REIMBURSEMENT SALE OF INVESTMENT No 081� TREASURER'S RECEIPT Edml,d', WashbWOR check--- 1"2l [AL UCENiSE AN'IMALCONTY OL BICYCLE Ix�$E iFA- E � FINGERPPG S7R AFITC SAFETY M.V.I.P. B[isemsS U06i5E is G PERMS RI W CONSnUC MN ZON NGI S[TBmissoll pLAT INSPECON jECORDING FEES S.E.P.A. REVIEW pHOTOSTATI NG MAPSIBORKS SALES TAX IiECREA ON FEES DONATIONS — A D CAR CUSTOMER DEPOSIT LOCAL SALES TAX ,ASEIIOLD TAX RFJM,xURSEM 4T SALE OF VENDOR CC TN 'OF SNO Ir Di^£� tR^ .j T OF PuFlC.8AI$RS 4th Floor Adenini>stratiaT-s p.uiEding gton 80201 7 art f Pal"! ,.�asratian city of Rdriond■ Recreation Study T"14.10'''.�;�'''. *•, [ a ,. F; r , 1 ► , ,; tt: ` hingtar+ 98201 ` c/o Katie Allen, -chalt�n r Civic center Edit nds, W"hiutoa gW20 oATt f RHO. NO.' � '1'1 , _.. - -CA1�i - J€.Mr:.: tl(." f.'I• ,r".•: _ - .. .�ICTK7lF "�„!7C;., Park-9 TJe artamt Contribution to- the � ' dch"t a p District No. 15 Itsereatiee Study', relat0* tvA.m s r=ge growth poiicils a$ appro"d by tip din wisoleftu , aid sa doe mrented in file: V48. (Funding approved in Re> olgtieai •7 d6j FUND CC1afC BisU9 ELF. �QBj. ITEMval1V '..r'• 002 23Q OOtT 533 2a 31 0261 � r k.. �} FOR REMITTANCE OF WAIMAW OKLY - +�7 4 !a DO NOT DUPLICATE ORIGINAL PURC"Asg vftft STATE OF WASH INGTON - COUNTY OF SNOHOMISH SS. 1,. THE UNDERSIGNED DO HEREBY CERTIFY UNDER PENALTY OF PIERJVAY, THAT THE MATERIALS HAVE. FURNISHED. THE SERVICE; KFNOUR40 Of! TMk •V�Q{]14 PFRFQRIvJED AS DESCRIBED HEREIN. AND THAT THE CLAIM �. A JUST, CSU iS UNPA0 0,i9LIGATION AGAINST THE COUNTY OF 6P40HOMIgo A O THAT I AM A.01140- Ri41-D TO AUTHENTICATE AND GERTIFY TO SAID CLAIM. ' SUBSCRIBED THIS zf � DAY OK • ( 1$_LZ!;?_AT EVERETT, WASH, S y, i F R [DE Y. pi'+ PA7flNG QI5T} I� ROVEi7 ANk -- I ` 9Y. 5 *Lrl.. 014J: item I= TQTAL 5 ANKI VNT . ;.:. 0.1 - 1,500.00 CHECKED BY PURCH .. lCHAIAAf1W. S S3io. 5 CO COMMiU.N6R�/ '} ic:OMM�SSloM6rw4 ; ? [COMMISSSOkERI ' .i 10 DATE ALLOWED Page 1 of 3 SnohomishOnllne Government Information & Services County4* Washington Home Other Property Data Help Property Search > Search Results > Property Summary Property Account Summary 5/1/2018 Parcel Number 100434208800000 jProperty Address 1700 MAIN ST , EDMONDS, WA 98020-3032 General Information Property Description CITY OF EDMONDS BLK 088 D-00 - ALL BLK 88 Property Category Land and Improvements Status Active, Host Other Property, Locally Assessed Tax Code Area 00210 Property Characteristics Use Code 711 Cultural Activities (Inc. Libraries) Unit of Measure Acre(s) Size (gross) 3.24 Related Properties 2870236 is Located On this property 2870238 is Located On this property 10110429 is Located On this property 10250860 is Located On this property Parties Role Percent (Name Address 'Taxpayer EDMONDS 250 5TH AVE N, 100 {CITY OF EDMONDS, WA 98020- 3146 United States ' 'EDMONDS 250 5TH AVENUE N, Owner 100 iCITY OF EDMONDS, WA 98020 United States Property Values Value Type https://www. snoco.org/proptaxl(S(2bpay 1 k2tghzzzwh 1 bg2moei))/ParcelInfo.aspx?parcel_n... 5/l /2018 Page 3 of 3 Descri tion IType 'Year Built IMore Information Francis Anderson Commercial 11928 JView Detailed Structure Information Receipts Date IReceipt No. Amount Applied Amount Due No Receipts Found Sales History Sale Date Entry Date Recording Date Recording Number SalelExcise Amount Numbe Deed Type Transfer Tye Grantor Seller Grantee Buyer) Other Parcels No Sales History Found Property Maps Neighborhood Township Range Section Quarter Parcel Map Code View parcel maps for this 5601000 27 03 24 SW Township/Range/Section Printable Version Developed by Thomson Reuters. @2005-2017 All rights reserved. Version 4.0.3.0 https://www. snoco.org/proptaxl(S(2bpay 1 k2tghzzzwh 1 bg2moei))IParcelInfo.aspx?parcel_n... 5/ 1 /2018