The meeting is set for 7 p.m. at City Hall, 806 W. Main St. The council could vote on a lease agreement. Under the proposed agreement, the city would lease the park to a Sammamish company for 10 years, with the potential to extend it another 15 years.
H3O Development wants to create a wakeboarding park at the south end of the lake, 14964 Fryelands Blvd., which the company says would attract visitors to the city and increase tax revenue.
Some residents argue the facility would disrupt other park activities and the noise would disrupt the calm Lake Tye is known for.
Under the proposal, H3O would pay a fixed amount, $12,000, plus 2 percent of total sales to the city as rent during the first year. The fixed amount would increase to $18,000 the second year, and to $24,000 after that.
The wakeboarding park would be open for about 150 days during the year, which would mean an estimated $58,500 in total revenue to the city. In the second year, the amount would increase to about $80,000, according to company officials.
More Local News Headlines
Three weeks out, only four 911 texts have been valid County deputy director named president of state engineers association Accident victim has endured, thanks to his family, police officer Crews try to save man pulled from Stillaguamish River State’s oldest full-time worker on the job at EdCC Lord Hill levee repairs to start July 29 Less than a week before election, only 9.1 percent of ballots returned Red Cross on the lookout for heroes
Our new comment system is not supported in IE 7. Please upgrade your browser here.