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<br /> KITTITAS COUNTY <br /> BOARD OF COUNTY COMMISSIONERS <br /> <br /> RESOLUTION NO. 2025-_____ <br /> <br /> A Resolution Authorizing Use of "REET 1" Revenues for Debt-service <br />Costs Relating to the Construction of a New Transfer Station Facility. <br /> <br />WHEREAS, Kittitas County will construct a new lower-county transfer station, and; <br /> <br /> WHEREAS, the County has secured a $10 Million loan to cover a portion of the <br />construction costs; and <br /> <br /> WHEREAS, management has modeled several scenarios for loan repayment utilizing <br />“REET 1” revenues and the corresponding impacts to transfer station fee increases based on the <br />differing levels of support; and <br /> <br />WHEREAS, the County recognizes that its Solid Waste fee structure is an important <br />variable in the success and sustainability of its overall economic growth, ecological, and quality <br />of life initiatives; <br /> <br /> NOW, THEREFORE BE IT RESOLVED by the Board of County Commissioners that <br />“REET 1” revenues are authorized for repayment of loan PC23-96103-132 secured for the <br />construction of the lower county transfer station. The amount of support is to be 75% of the loan’s <br />annual debt service and is subject to the annual appropriations process. The level of support is to <br />continue for the duration of the loan. This resolution is to amend the commitment made in <br />resolution 2023-155 by setting a consistent the level of debt service to be provided via “REET 1” <br />revenue. <br /> <br />APPROVED, this 16th of September 2025. <br /> <br /> BOARD OF COUNTY COMMISSIONERS <br /> KITTITAS COUNTY, WASHINGTON <br /> <br /> _______________________________ <br /> Chairman <br /> <br /> _______________________________ <br /> Vice Chairman <br />ATTEST <br /> _______________________________ <br /> Commissioner <br /> <br />_______________________________ <br />Clerk of the Board