HomeMy WebLinkAboutMinutes 02/23/1982
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SPECIAL MEETING
Port Angeles, Washington
February 23, 1982
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CALL TO ORDER
The meeting was called to order by Mayor Duncan at 7:00 P.M. The purpose of
this meeting is to present a community briefing regarding tax-exempt Industrial
Development Bonds as a tool and incentive for local economic development. Five
members of the Council were present.
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I>'.EETING CONTENT
Ms. Patti Klug and Mr. David Beller of Seattle-Northwest Securities Corporation
explained Industrial Development financing in Washington. Mr. Beller specific-
ally lectured about what types of projects are eligible for Industrial Develop-
ment Bond financing and Ms. Klug addressed, the issuing process, issuing costs,
and length of time required to complete the process. Both Mr. Beller and Ms. Klug
entertained several questions throughout their presentations.
III ADJOURNNENT
The meeting adjourned at 8:20 P.M.
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