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Yacolt council discusses financing options to buy proposed community center
Summary
At a Feb. 19 special meeting, Mayor Ian Shealy and town staff outlined a proposed purchase recommended by the YCC Elders and discussed financing options that hinge on possible legislative capital funds; the clerk said REET and other town funds exist but a budget amendment and reimbursement timing must be resolved. No formal vote is recorded in the transcript.
YACOLT, Wash. — At a special Yacolt Town Council meeting on Feb. 19, Mayor Ian Shealy outlined a proposed purchase price and financing structure for a community center that the YCC Elders sent to the town, and council members discussed several financing options contingent on state funding.
Shealy told the council the town is hoping to receive legislative capital funds to help pay for the…
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