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County says IGA gives flexibility; cities warn population split would cut their share by ~$4M
Summary
Officials debated whether to fund projects via an intergovernmental agreement (IGA) — which the county said would allow bond financing and flexibility — or via a population‑based distribution, which city representatives said could leave cities about $4 million worse off.
County staff told attendees that choosing an intergovernmental agreement (IGA) would likely mean issuing bonds but would offer more flexibility to finance level‑one projects; the county said that a population distribution is more restrictive and could change how projects are presented on the ledger.
City representatives responded that population distribution could reduce municipal receipts by about $4 million compared with an IGA and urged the county to finalize an IGA so cities could pursue the projects they submitted. The transcript records the exchange as a core point of contention and a primary reason for continued negotiation and a brief recess to confirm financial spreadsheets.
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