City Council Special Meeting of July 21, 2026

The City Council of Lake Stevens held a special meeting on July 21, 2026, focusing on several procurement and budget-related topics. Key procurement discussions included the introduction of an investment policy to diversify the city's funds by investing in government agency and U.S. Treasury bonds, aiming to improve interest earnings and stabilize cash flow. The council approved a right-of-way vacation ordinance related to a mixed-use development and a roundabout project, involving the sale of city property for approximately $9,500. Additionally, the council authorized a landowner agreement with Adopt a Stream Foundation to replace two fish passage barriers on city property, leveraging a $300,000 federal grant. Updates were provided on critical area ordinance revisions, parks service levels, and strategic planning priorities, including traffic calming initiatives and infrastructure maintenance. The council also discussed the ongoing evaluation of alternatives for the replacement of the US Highway 2 trestle, emphasizing the need for a city stance on potential tolling. A motion was passed to direct staff to create a purchase agreement for a property at 2008 71st Drive Southeast. The meeting concluded with plans for further discussions on fireworks enforcement and other community concerns.