Notes
Memorandum dated October 21, 1996 from City Manager Frederick C. Stouder to Burien Mayor Arun Jhaveri and City Council members presenting preliminary findings from the Burien–South King County Airport Impact Assistance and Mitigation Studies Team regarding Sea-Tac Airport third runway expansion impacts. Total preliminary mitigation costs over 20 years: $3.05 billion for environmental and transportation impacts across five cities (Burien, Des Moines, Federal Way, Normandy Park, Tukwila); City of Burien share approximately $800 million. Single-family property value loss in Burien projected at $120,881,357 in year 2000 and $190,393,350 in year 2020 (1995 dollars), per Draft Sea-Tac Mitigation Study Table 4-5, page 38. Average annual property value reduction for all cities totals $500.1 million; Burien’s share is $206.5 million. Cumulative general property tax revenue loss across studied cities from single-family property: $22,520,039 over 20 years. Includes Chapter 1–4 of Socio-Economic Impact Analysis on equity issues and geographic distribution of SEA-TAC benefits vs. costs, referencing 1991 Origin/Destination study by Evans-McDonough Company for Port Of Seattle.