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Port drops request for city financial contingency; Anacortes-Port event center talks continue
Summary
The Port City Liaison Committee reported progress on draft agreements for the proposed Port City Event Center: port staff removed a request for city financial contingencies and outside counsel reviewed edits; staff said bond counsel will require additional agreement changes before underwriting.
At a Port City Liaison Committee update on Feb. 10, Councilmember Walters reported that Port of Anacortes staff and their outside counsel had reviewed and edited two draft agreements for a proposed Port City Event Center and that the port had dropped its request for financial contingencies…
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