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SNOHOMISH COUNTY COUNCIL <br /> Snohomish County, Washington <br /> MOTION NO. 20-284 <br /> AUTHORIZING THE COUNTY EXECUTIVE TO SIGN ADDENDUM NO. 2 <br /> TO THE INTERLOCAL AGREEMENT WITH THE CITY OF EVERETT, THE EVERETT <br /> PUBLIC FACILITIES DISTRICT, SNOHOMISH COUNTY AND THE SNOHOMISH <br /> COUNTY PUBLIC FACILITIES DISTRICT <br /> WHEREAS, the City of Everett, the Everett Public Facilities District, Snohomish <br /> County and the Snohomish County Public Facilities District (PFD) (collectively the <br /> "Parties") entered into an Interlocal Agreement dated December 20, 2001, recorded with <br /> the Auditor of the County of Snohomish, State of Washington under recording number <br /> 200201160349 (the "Interlocal Agreement")to provide for the development of a <br /> Regional Center as defined in RCW 35.57.020 known as the "Events Centel'' (the <br /> "Regional Center"); and <br /> WHEREAS, on March, 2, 2009, the Parties amended the Interlocal Agreement <br /> through Addendum No. 1 to provide for additional allocation of the Sales and Use Tax <br /> that exceeded the original Aggregate Tier 1 Allocations and created Aggregate Tier 2 <br /> Allocations; and <br /> WHEREAS, pursuant to Chapter 164, Laws of 2017, the State Legislature <br /> extended the time period for the Sales and Use Tax imposed under RCW 82.14.390 <br /> from a maximum 25-year term to a maximum 40-year term; and <br /> WHEREAS, on July 19, 2018, the Board of Directors of the Snohomish County <br /> Public Facilities District determined that the Aggregate Tier 2 Allocations, as previously <br /> allocated, should be extended through the additional funding years of 2026 through <br /> 2041, subject to applicable terms; and <br /> WHEREAS, the Board of Directors of the Snohomish County Public Facilities <br /> District approved a revised allocation of the Sales and Use Tax revenue to reflect the <br /> 40-year full term of the Sales and Use Taxes, including the extended period authorized <br /> in the 2017 legislation, which such Board action was incorporated into a Board <br /> Resolution on October 25, 2018; and <br /> WHEREAS, by this Addendum No. 2, the Parties desire to amend and restate <br /> Addendum No. 1 to the Interlocal Agreement to provide for extensions of the time period <br /> for the Tier 2 Allocations and specify the certain terms that the Board directed as part of <br /> the extension of Tier 2 Allocations; <br /> NOW, THEREFORE, ON MOTION, the Snohomish County Council authorizes <br /> the Snohomish County Executive to sign Addendum No. 2 to the Interlocal Agreement. <br /> MOTION NO.20-284 <br /> MOTION AUTHORIZING THE COUNTY <br /> EXECUTIVE TO SIGN ADDENDUM NO.2, ETC.-1 <br />