Update Port operations fund law to secure debt payments
Police & Community SafetyBudgetOrdinance
In Plain English
The city created a special fund in 1999 to collect Port revenue and use it as collateral for Port-related loans. The current law needs updates to reflect changes in how the Port operates and borrows money. If approved, the city can continue using Port income to guarantee its debt payments.
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Votes
Motion · Official minutes
Give first reading and hold over two weeks for second reading
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