Last night the Lynnwood City Council took another step toward establishing a $20 vehicle licensing fee. It was the first meeting of the Transportation Benefit District.

They approved the charter, which outlines the purpose of the TBD, its powers, the roles/responsibilities of its officers, and the time and place of regular meetings. They also approved a resolution that outlines the policy for changes to project costs, scopes and schedules.

Elections were held for TBD board members. Council member Loren Simmonds will serve as board president and Council Vice President Stephanie Wright will serve as board vice president.

However, they did not yet approve the proposed $20 car tab fee. Only one person testified so they decided to wait until the next meeting on Aug. 9 to get more public comment. They might adopt the ordinance at that time.

The TBD would raise money to pay for road projects throughout the city. It’s expected to raise about $421,000 per year.