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Council adopts updated capital facilities element to maintain eligibility for real-estate excise tax funds
Summary
Council adopted Resolution 25-60 updating the capital facilities element of the comprehensive plan to reflect the city's 20-year capital planning and to comply with state requirements for use of real-estate excise tax monies; planning commission reviewed and recommended approval and the state 60-day review returned no comments.
City planning staff presented Resolution 25-60, an annual update to the capital facilities element of the comprehensive plan. Staff said the city routinely updates the 20-year schedule and integrates information from the water facilities plan and sewer plan so that the capital facilities element remains current and eligible for use with real-estate excise tax (REET) funds.
Staff reported the planning commission held a public hearing on June 26 and recommended approval; the 60-day state review produced no comments. Because the item is a resolution, staff recommended, and the council approved, adoption at this meeting.
Council members moved and seconded the resolution and approved it by voice vote. Staff said the update keeps the city eligible to spend REET revenues on listed capital projects and improves coordination with water and sewer planning documents.
