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Budget update, public facilities district contract review on Lynnwood council agenda Sept. 15

Lynnwood, WALocal News

The Lynnwood City Council will review the redevelopment plan for the Lynnwood Public Facilities District during its meeting on Sept. 15, which aims to revitalize the Lynnwood Event Center property. The proposed master plan includes creating a mixed-use district with housing, retail, green spaces, and an expanded event center. Finance staff will present a resolution for a short-term loan program to support design work and environmental remediation associated with the redevelopment. The city faces a budget deficit for 2025-26, prompting discussions about staff reductions and other cuts, with several positions already eliminated.

The council's agenda reflects the urgency of addressing financial challenges while pursuing development initiatives. A lower-than-expected fund balance and revenue shortfalls have necessitated these measures. The meeting is scheduled for 6 p. m. at Lynnwood City Hall and will also be livestreamed on the city’s website and Zoom.

This redevelopment plan could significantly impact the local economy and community engagement.

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