Marshland Flood Control District 10/8/2019

compliance so that concrete refurbishing is the most pressing and apropos CIP and use of CIF; and WHEREAS, MFCD has been engaged for the past several years in repairing several dike sections, using an environmentally preferred soil wrap methodology, at cost between $1,000 and 51,E per lineal foot; and WHEREAS, MFCD expects, with assistance from the Snohomish County Flood Damage Reduction Grant program, to continue dike repairs which have a known cost per lineal foot which will require between$10,000 and$37,500 of MFCD funds per year; and WHEREAS, a Pump Plant CIP and OF, as well as a Dike Repair OP and OF, are desirable; but WHEREAS, MFCD membership cannot afford, during a recession, to bear a significant increase in per acre assessments in order to fund CIFs for the Pump Plant and Dike Repair, NOW, THEREFORE THE BOARD OF COMMISSIONERS OF THE MARSHLAND FLOOD CONTROL DISTRICT HEREBY RESOLVES THAT: 1. Account No. 522 shall henceforth be designated as the CIF for MFCD's Pump Plant; 2. Account No. 526 shall henceforth be designated d as the OF for Dike Repair; 3. Account No. 526, which has a current balance of $8*063.76, shall be and hereby is reduced to a level of$ , ,04,3, and the excess shall be transferred to Account 522 for aid in implermmting the Pump Plant CIP as soon as possible; 4, The Aecoturt No. 522 per acre assessment of approximately $4.75 since 2004 orad clad Account No. 526 per acre assessment of between $1.90 ' $2.50 since 2002 shall be totaled and a level of assessment of between $6,65 and 37.25 per acre shall be maintained for both the Pump Plant and Dike Repair CIPS • that per acre level of assessment shall be maintained until otherwise amended by the Board of Commissioners for both Pump Plant Dike Repair CIFs in order to avoid a significart increase in per acre assessments for the MFCD membership; 5. The Account 522 CIP for the Pump Plant OP shall receive large as possible a share of the combined total CIF assessment of$6.65 to $7.25 per acre, the exact amount to be determined during each year's budget cycle; 6. The estimated per acre assessments for 2013 are expected to be approximately for the Pump Plant CIF in Account 522 and $ f, p for the Dike Repair CIF in Account 526; 7. Based on the above information, MFCD hopes to undertake concrete refurbishing of the Pump Plant as soon as x 6;:ible, with implementation to be determined after more precise estimates are solicited from contractors in order In determine how quickly Page 2 of 3 INTERLOCAL AGREEMENT REGARDING INCREASED HILLSIDE RUNOFF IN pg.24 THE MARSHLAND DRAINAGE BASIN DUE TO UPLAND DEVELOPMENT 09/09/2019