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Tri-Aqency Meetinq -6- 11/7/95 <br />built to earthquake <br />level 4. The goal <br />efficient way. He <br />assumptions. <br />proof at level 3 and for a 911 facility at <br />is to look at serving the public in a more <br />added again that the proposal used several <br />Bill Frey (Transit) stated that the financing is only in the <br />beginning stages. <br />Marcia Kelley (Transit) added that over the next 20 years 3/5 of <br />other participants will be accessing the transit use as analysis <br />is made pertaining to change of traffic, etc. <br />Mr. Andersen-Wyckoff concluded that <br />the project. Much work and planning <br />bring the project to fruition. <br />C. PROPERTY TAX MANAGEMENT PLAN <br />Background <br />this is only the beginning of <br />must take place in order to <br />Larry Wacker (City) reviewed that in 1990 voters passed a <br />property tax limitation measure, thereby getting governments' <br />attention. We are dependent on taxes to fund the major portion <br />of government operations. The measure established a$10 per <br />1,000 cap. In 91/92 we had to live within the compressed $10 cap <br />requiring each government had to budget with less general fund <br />resources. In the Fall of 1993 a Property Tax Management Plan <br />was formed. Assessed values have improved and drove the tax <br />value down. It was advocated that a plan should be in place for <br />each government to talk to others to best utilize the tax dollars <br />for.the services required by citizens. <br />A commitment was reached that Urban Renewal assistance up to $2 <br />million could assist the County in developing a county <br />administration facility. <br />Ms. Pearmine commented that it was agreed to look at the plan and <br />get citizen involvement each year. This did not happen until <br />facilities impact. <br />Then and Now <br />Mr. Andersen-Wyckoff reviewed the different happenings that <br />brought the Tax Management Plan to the present status. He noted <br />that the Plan which, besides providing a vehicle for tax <br />coordination, provided for: • <br />1. Financing of the Riverfront Park over 5 years. <br />2. Transit District to seek additional tax funding. <br />3. City to increase urban renewal funding. <br />