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Council amends biennial budget to fund building acquisition; authorizes mayor to close on 1333 Lloyd Parkway pending contingencies
Summary
The council adopted a budget amendment increasing an interfund transfer to Fund 302 to acquire a building and then authorized the mayor to execute documents to close on 1333 Lloyd Parkway if contingencies are satisfied, citing cost savings versus new construction for public works needs.
Port Orchard City Council adopted an amendment to the 2025–26 biennial budget to increase transfers into Fund 302 to finance acquisition and minor renovations of a building, and later in the meeting authorized the mayor to execute documents to close on the purchase of real property at 1333 Lloyd Parkway if outstanding contingencies are satisfied.
Finance staff explained the…
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