Resolution 7837 - Laserfiche WebLink

2012 RESOLUTION to initiate creation of Everett Station District BIA Page 6 of 6 Attachment B Everett Station District Business Improvement Area (BIA) PROGRAM ACTIVITIES & BUDGET The BIA Special Assessment revenues shall be used for the authorized purposes pursuant to RCW 35.87A, which includes: A. The acquisition, construction or maintenance of parking facilities for the benefit of the area; B. Decoration of any public place in the area; C. Sponsorship or promotion of public events which are to take place on or in public places in the area; D. Furnishing of music in any public place in the area; E. Providing professional management, planning, and promotion for the area, including the management and promotion of retail trade activities in the area; F. Providing maintenance and security for common, public areas; and G. Providing transportation services for the benefit of the area. These authorized uses are a recitation of the authorized purposes listed in RCW 35.87A.010. The authorized programs and services of the BIA shall be all those authorized by RCW 35.87A. The following budget, programs, and services for the first year (2023) of the operation of the BIA shall be as follows: Program Budget $ Safe & Clean $230,000 Parking Monitoring $15,000 Neighborhood Enhancement $20,000 Promotion, Communications, and Economic Development $15,000 Management & Accounting $30,000 Start-up Costs $3,500 GRAND TOTAL $313,500 Uncollected Assessments $12,090 Any unanticipated additional revenue shall be put in a reserve for future years. Budgets for future years (2024, 2025, 2026, and 2027), will be proposed and recommended by the Ratepayers Advisory Board, approved by the ratepayers at the Annual Meeting, and approved by the Finance Director on an annual basis.