TO: Members of the City Council
FROM: Mayor Angela Birney
DEPARTMENT DIRECTOR CONTACT(S):
Finance
Kelley Cochran
425-556-2748
DEPARTMENT STAFF:
N/A
N/A
N/A
TITLE:
title
Conduct a Public Hearing and Adopt a Resolution Approving a Petition Filed by Microsoft to Amend Community Facilities District (CFD) 2016-01
a. Resolution No. 1591: A Resolution of the City Council of the City of Redmond, Washington, Approving a Petition by Microsoft Corporation to Amend Redmond Community Facilities District No. 2016-01; Modifying the Purpose of said Community Facilities District to include Financing the Construction of the Extension of Shared Use Path on South Side of NE 40th Street from 163rd Avenue NE to 172nd Avenue NE and Related Improvements, Perform ADA Ramp Improvements and Push Button Activation for Crosswalks at Select Locations to be Determined, Install Adaptive Traffic Signal Controls at Multiple Intersections Along 148th Avenue NE, 156th Avenue NE, and NE 40th Street in the Overlake Neighborhood, Install Bike Lane Improvements on 150th Avenue NE, Work Includes Pavement Widening, New Curb and Gutter, and Associated Stormwater Improvements; Making Findings in Support of the Amendment; and Incorporating Terms and Conditions Set Forth in the Petition
OVERVIEW STATEMENT:
recommendation
Community Facilities District (CFD) 2016-01 was established June 21, 2016, via Resolution No. 1453 as a partnership between the City of Redmond and Microsoft to finance multimodal improvements. A petition has been filed by Microsoft to amend CFD 2016-01 via resolution. A public hearing will be conducted to receive public comment, and Council will consider the adoption of a resolution to amend CFD 2016-01.
body
? Additional Background Information/Description of Proposal Attached
REQUESTED ACTION:
? Receive Information ? Provide Direction ? Approve
REQUEST RATIONALE:
* Relevant Plans/Policies:
Transportation Master Plan, ADA Transition Plan
* Required:
Community Facili...
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