From our sister site The White Center Blog:
The Seattle City Council quickly and unanimously approved on Monday (Dec. 15) a so-called “placeholder” resolution that could result in a vote by residents of the North Highline Unincorporated Area as to whether or not to be annexed to Seattle.
Council President Tim Burgess said it was a placeholder resolution because action was needed before the end of 2014 to safeguard the city’s access to a potential $5 million per year sales tax credit. That credit will expire on Dec. 31. The Seattle action means the city will retain access for the credit since it took action prior to the law’s expiration.
Read Jack Mayne’s full story here.]]>
I once heard a story about what you do before buying a boat, much like annexation.
First, you take off all your clothes, then you stand in a ice cold shower, then you start stuffing $100 dollar bills down the drain and when that starts feeling good you buy the boat. The quote from the White Center Blog says it all – costs more than it brings in and nobody would ever run a business like that especially given the reward, or lack thereof.
so mean to tell us that all those people that run the fishing boats the shipping boats the cruise ships are not making any money hmm interesting. I wonder how pay for there big houses and fancy cars and all the other stuff they have. must be magic or something