Resolution 7583 - Laserfiche WebLink

EVERETT WASHINGTON RESOLUTION NO. 7583 A RESOLUTION of the City of Everett setting a public hearing before the City Council December 16,2020 at 6:30pm to receive comments on the City's intent to extend the term, modify the special assessment levy and boundaries,and set a five-year budget of the Downtown Business Improvement Area WHEREAS, 1. The City, after a public hearing, adopted Ordinance No. 3582-17 establishing the current Downtown Business Improvement Area (BIA);and 2. The businesses and property owners within the BIA have indicated that they value the BIA's use of special assessment revenues to fund programs and services, such as maintenance and economic development; and 3. These businesses and property owners wish to increase the special assessment levy rate due to inflation, wish to continue to fund the programs and services described in Ordinance 3582-17, and wish to add one block to the boundary of the BIA;and 4. The City is willing to initiate and declare its intention to extend the term of the BIA for five additional years, increase the special assessment levy, expand the boundary of the BIA, and authorize a five-year budget for the existing BIA; and 5. The City will hold a public hearing to receive comments on the same. 6. The Council is resetting the public hearing previously scheduled for December 9,2020 at 6:30pm by Resolution No.7582, to the new public hearing date of December 16,2020 at 6:30pm. NOW,THEREFORE,BE IT RESOLVED BY THE MAYOR AND EVERETT CITY COUNCIL THAT: Section 1:This is a resetting of the public hearing originally scheduled for December 9, 2020 by Resolution No. 7582,which is hereby canceled.The City Council will instead hold a public hearing on the 16th day of December,2020,at 6:30 p.m.,or as soon thereafter as possible, in the City Council Chambers,3002 Wetmore Avenue, in Everett,Washington,to consider a five year extension of the existing BIA, increased special assessment levy, expansion of the BIA boundary, and to consider approval of a five-year budget for the existing BIA, as more fully specified below.