I am looking forward to the meeting. The Woodway Council is considering a staff recommendation to spend $571,000 to apply new asphalt overlay to 3 streets (East and West Greystone and Woodway Lane) in the Highlands, which is well above the budgeted $450,000 – mostly due to unprecedented inflation and the Ukraine war’s impact on petroleum product prices. In 2021 Shoreline did a comprehensive analysis of the economics of road repair and selected a micro-chip sealing process that cost 1/6 of the cost of full asphalt overlay, and provided 5-7 years of useful life – compared with 20 years of useful life for the full asphalt overlay. This meant that Shoreline could apply 3 micro-chip seal repairs in 20 years to get equivalent road life at a cost of 50% of what a full asphalt overlay would cost! The Highlands streets have very few serious cracks and are in quite good condition and it is not urgent or critical to do road repairs while asphalt costs are at extraordinary levels. The Council should put the road repair projects on hold, wait for the economy to normalize and inflation to drop from 40 year highs, and adopt the proven Shoreline micro-chip seal process in 2023 or 2024. Belt tightening is the watchword for all taxpayers, and the Woodway Council should show fiscal leadership. By delaying the road repairs, waiting for asphalt prices to drop, and adopting the micro-chip sealing process, the Council could save taxpayers between $300,000 and $400,000!