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4 INTERLOCAL AGREEMENT BETWEEN SNOHOMISH COUNTY AND THE <br /> CITY OF EVERETT FOR PARK PROJECT FUNDING <br /> This INTERLOCAL AGREEMENT BETWEEN SNOHOMISH COUNTY AND <br /> THE CITY OF EVERETT FOR PARK PROJECT FUNDING (this "Agreement"), is <br /> made and entered into this day of , 2013, by and between <br /> SNOHOMISH COUNTY, a political subdivision of the State of Washington (the <br /> "County"), and the CITY OF EVERETT, a Washington municipal corporation (the <br /> "City"),pursuant to Chapter 39.34 RCW. <br /> RECITALS <br /> A. The 2007 Comprehensive Parks and Recreation Plan, a component of the <br /> Snohomish County Growth Management Act Comprehensive Plan, has documented a <br /> County-wide need for a wide variety of recreational facilities; and <br /> B. The County Executive and the County Council have determined that it is <br /> consistent with the Comprehensive Parks and Recreation Plan and is in the public interest <br /> of County residents to participate in joint undertakings with local municipalities to <br /> increase recreational opportunities and facility capacity; and <br /> C. Pursuant to Ordinance No. 13-018 (the "Bond Ordinance") the County <br /> authorized the issuance and sale of its limited tax general obligation bonds (the "Bonds") <br /> to provide long-term financing for certain projects, which included "Parks Projects" <br /> • located in the County; and <br /> D. The Bond Ordinance defines "Parks Projects" as those capital projects for <br /> the acquisition, development, construction,renovation, improvement, and/or maintenance <br /> of public outdoor recreation areas and facilities, public athletic facilities, neighborhood, <br /> community and regional parks, backcountry recreational areas, and/or recreational trails <br /> and facilities, which are identified by the County Council by motion(as an administrative <br /> act)that meet one or more of the following criteria: (i) The project will promote wellness <br /> and improve access to recreation; (ii) The project will provide public access to water for <br /> recreational enjoyment; (iii) The project will provide a positive impact on economic <br /> growth; (iv) The project meets a recognized community need and is supported in existing <br /> planning documents; and/or (v) Funding for the project will be matched by local <br /> community dollars or volunteer efforts; and <br /> E. By Motion 13-137 on April 17, 2013, the County Council approved a list <br /> of those Parks Projects to be financed with proceeds of the Bonds, which included a <br /> project providing matching funds up to the amount of Seventy Five Thousand and no/100 <br /> • Dollars ($75,000.00) (the "Matching Funds") to the City for Senator Henry M. Jackson <br /> Park new playground equipment and amenities ("the project"); and <br /> • <br /> F. Pursuant to this Agreement and Chapter 39.34 RCW, the ,City wishes to <br /> accept the above-described matching funds from the County; and <br /> INTERLOCAL AGREEMENT BETWEEN SNOHOMISH COUNTY AND THE CITY OF EVERETT <br /> FOR PARK PROJECT FUNDING 1 of 9 <br /> 30 <br />