Lynnwood Council greenlights a new $600 million vision for the Lynnwood Event Center

LYNNWOOD—The Lynnwood City Council on Monday, October 13, greenlit a series of pivotal motions spearheaded by Councilman David Parshall propelling the Lynnwood Public Facilities District’s (LPFD) ambitious $600 million Master Phasing Plan forward. The Council also approved changes to the Lynnwood Municipal Code. Councilman Patrick Decker did not attend Monday’s council meeting. “The Development Agreement […]
The District pursues new $15 million investment program to advance its economic redevelopment Master Plan

LYNNWOOD—The Lynnwood Public Facilities District (otherwise known as “The District”) is seeking to utilize the Snohomish County Treasurer’s Community Investment Program with the issuance of up to $15 million bonds towards its economic development goals and refinancing its existing debt obligations. A similar $15 million short-term loan was utilized by the Port of Everett back […]