Ordinance 3919-22 - Laserfiche WebLink

Attachment C 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 $ $230,000 Safe & Clean Parking Monitoring $15,000 $20,000 Neighborhood Enhancement Promotion, Communications, and Economic Development $15,000 $ 3 0,0 0 0 Management & Accounting Start-up Costs $3,500 GRAND TOTAL $313,500 Uncollected Assessments $12,090 Total annual expenditures from the ESDA BIA Fund shall not exceed the budgeted grand total. Any unanticipated additional revenue shall be put in a reserve for future years. Within program categories, any expenditures more than the budgeted amount for a given program shall be approved by the Ratepayer Advisory Board. Budgets for future years (2024, 2025, 2026, and 2027), will be proposed and recommended by the Ratepayer Advisory Board, approved by the ratepayers at the Annual Ratepayers' Meeting, and approved by the Finance Director on an annual basis. Ls 2022 ORDINANCE: ESDA BIA Page 16 of 16