The City Council will receive a briefing on the Enterprise Initiative, Sound Transit’s response to an estimated $35 billion revenue gap, and consider directing staff to prepare a letter to Sound Transit Board members based on Bellevue’s Guiding Principles for the Enterprise Initiative. The briefing will cover the latest developments, including a proposal by Sound Transit Board Chair that would meet the agency’s requirements for long-term affordability.
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Summary
The City Council will receive a briefing on the Enterprise Initiative, Sound Transit’s response to an estimated $35 billion revenue gap, and consider directing staff to prepare a letter to Sound Transit Board members based on Bellevue’s Guiding Principles for the Enterprise Initiative. The briefing will cover the latest developments, including a proposal by Sound Transit Board Chair that would meet the agency’s requirements for long-term affordability.