Ordinance 3714-19 TABLED - Laserfiche WebLink

of the District.The Mayor shall recommend to the Council for appointment the permanent Board members from the list recommended by the Interim Ratepayers Advisory Board.The Mayor may recommend to the Council for appointment additional members to the Board beyond those recommended by the Interim Ratepayers Advisory Board to ensure a broad representation of ratepayers, provided that the additional voting members so appointed do not exceed one-fourth of the entire voting membership of the Board. The Ratepayers Advisory Board shall be responsible for adopting bylaws and policy guidelines, approving the annual recommended budget and work plan, and for providing advice and consultation to the City regarding the Everett Station District BIA. The Ratepayers Advisory Board may recommend adding or removing ratepayers to serve on the Board, subject to approval by the Mayor. The Ratepayers Advisory Board shall meet at least once quarterly; approve the annual recommend budget and work plan; address and discuss Ratepayer concerns and questions regarding the BIA district and programs; review all reports to be submitted to the City; and sponsor an Annual Ratepayers' Meeting. Ratepayers Advisory Board shall set quantitative and qualitative performance metrics to hold the administration of the BIA accountable. An annual report shall be produced to report on the performance metrics, which the Ratepayers Advisory Board shall review, approve, and submit to the City and make available to ratepayers. The administrators of the BIA shall keep a log of all complaints and incidents reported to the BIA, publish a summary of the incident log as part of the annual report, and make the log available to the City, Ratepayer Advisory Board, and ratepayers at their request. The Ratepayer Advisory Board shall notify ratepayers of the date,time, and location of the Annual Ratepayers' Meeting at least 30 (30) days prior. At the Annual Ratepayers' Meeting,the Board shall present its recommended budget and work plan for the next year. Following a presentation and an opportunity for amendment by a two-thirds vote (of assessed value), by the ratepayers present at the annual Ratepayers' meeting,the Board shall submit the recommended annual budget and work plan to the City Finance Director. Section 17. Termination of BIA. The BIA and the special assessment levy therefore shall terminate within one year(or such longer period as set forth in the termination petition)from the date of submission to the City of a petition containing the signatures of the owners of property in the BIA who pay fifty percent or more of the annual special assessment amount for the BIA, requesting termination of the BIA and special assessment levy, or by Resolution and Ordinance of the City Council.The BIA and the special assessment levy therefore shall continue for a period of five years from the effective date of this ordinance unless, at least ninety days prior to such termination, a petition is submitted to the City requesting the continued existence of the BIA, with such petition containing the signatures of the owners of property in the BIA who will pay sixty E 2019 ORDINANCE: ESDA BIA Page 8 of 12