Ordinance 2391-99 - Laserfiche WebLink

WHEREAS, to initiate the accomplishment of these goals and through this ordinance, $4,500,000 will be transferred to CIP 5 from the unrestricted and undesignated funds of Fund 162, Capital Improvements Reserve (CIP 4); NOW, THEREFORE, THE CITY OF EVERETT DOES ORDAIN: SECTION 1: There is hereby created a special Program entitled the "Parks and Recreational Improvements Program 005 of 1999 (i.e., CIP 5)" which is designated a reserve account for parks and recreational purposes. Appropriations from the Parks and Recreational Improvements Fund of 1999 shall be made only by the City Council for planning, purchase, design and construction of parks and recreational projects; to match funds raised by the Everett Parks Foundation, other entities, other private contributors, or other grant sources; and for other parks and recreation purposes. SECTION 2: Appropriations from CIP 5 are intended to complement and augment appropriations from the Community and Recreational Improvements Fund of 1988. Expenses may include, but not be limited to, all necessary design and construction expenses. The Administration shall plan for and define specific parks and recreation projects to be reviewed and approved by Council. Upon the effective date of this ordinance, four and one-half million Dollars ($4,500,000) shall be transferred from Fund 162, Program 004 to Fund 162, Program 005. SECTION 3: The City Council finds that the purchase of the Simpson Property and the Glacier Park Property met the original intent of CIP 1. The City Council reaffirms its intent for high quality mixed-use redevelopment of the Snohomish Riverfront; including but not limited to the Simpson Property and the Glacier Park Property, expressed in the 1987 Pedestrian and Bicycle Access Plan for Everett's Snohomish Riverfront and the 1994 Comprehensive Plan vision for the Snohomish Riverfront south of the Highway 2 bridge. SECTION 4: Ordinance No 1420-87 is hereby amended to add a new section, that being: Nothing contained herein shall limit or restrict the uses and disposition of any real property purchased with funds authorized under Ordinance No. 1420-87 or the disposition of any proceeds from such real property. SECTION 5: Should any section, subsection, paragraph, sentence, clause or phrase of this ordinance or its application to any person or situation be declared unconstitutional or invalid for any reason, such decision shall not affect the validity of the remaining portions of this ordinance or its application to any other person or situation. The City Council of the City of Everett hereby declares that it would have adopted this ordinance and each section, subsection, 7