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EVERETT CITY COUNCIL AGENDA ITEM COVER SHEET <br /> PROJECT TITLE: <br /> Interlocal Agreement with Briefing COUNCIL BILL# <br /> Snohomish County for Park Proposed Action Originating Department Parks <br /> Project Funding for Consent Contact Person Paul Kaftanski <br /> Hannabrook Park Action Phone Number 425-257-8335 <br /> First Reading FOR AGENDA OF Sept. 4, 2013 <br /> Second Reading <br /> Third Reading <br /> Public Hearing <br /> Budget Advisory Initialed by: <br /> Department Head , <br /> CAA ��, <br /> Council President (Sr) <br /> Location Preceding Action Attachments Department(s)Approval <br /> 5815 Brookridge Blvd. None Interlocal Agreement Legal <br /> Amount Budgeted -0- <br /> Expenditure Required -0- Account Number(s): <br /> Budget Remaining -0- <br /> Additional Required -0- <br /> DETAILED SUMMARY STATEMENT: <br /> Snohomish County authorized the issuance and sale of its limited tax general obligation bonds to provide <br /> long-term financing for certain projects. These projects included a set of"parks projects"located in <br /> Snohomish County. The County Council approved, on April 17,2013, a list of parks projects to be financed <br /> with proceeds of the bond sale. One of the projects included Hannabrook Park. <br /> The proposed Interlocal Agreement will provide up to $50,000 in matching funds to assist in the installation <br /> of a new playground at Hannabrook Park by August 31,2014. The County will match, dollar for dollar,the <br /> cost to design,acquire, and install new playground equipment up to a maximum of$50,000. This match will <br /> be on a cost-reimbursement basis. <br /> • <br /> In recognition of this partnership,the Interlocal Agreement stipulates that the City will 1) install a plaque at <br /> the park recognizing Snohomish County as a financial sponsor of the playground; and 2)recognize <br /> Snohomish County as a financial sponsor in City promotional material related to the playground. <br /> RECOMMENDATION(Exact action requested of Council): <br /> Authorize the Mayor to sign the Interlocal Agreement with Snohomish County for Park Project Funding for <br /> Hannabrook Park. <br /> 39 <br />