MONEY ALLOCATED FOR WATER AND SEWER
In another pending expenditure, water rights that city councilors agreed to buy months ago will require a bank loan of about $800,000, said Gloria Butsch, Independence finance director. She also reported that the “Storm Drain Fund” beginning fund balance is $34,541 over the budget estimate, which exceeds the 16% policy for unrestricted fund balance ($98,521).
However, taxes on marijuana – which were expected to come in lower than the budget estimate – actually were $22,000 more than anticipated, putting the tax revenue from cannabis and related products “a little bit more on track compared to the budget,” according to Ms. Butsch.
OSPREY RELOCATION
The platform upon which the birds build their nest will be placed at a nearby location, in a tall tree, across C Street but by the Willamette River, explained Shawn Irvine, Independence economic development director. They will be able to adjust to their home, he was told, if the relocation is “within the proximity of a football field.”
DEVELOPMENT CODE: Scores of Changes, Corrections Approved
COMMING UP
FINAL NOTE:
Welcome Jennifer Ranstrom-Smith, who was selected and sworn in as a city councilor at the meeting. She is the youngest councilor now – beating Michael Hicks for that spot by a mere month or two. Both are 37 years old.