Ordinance 3075-08 - Laserfiche WebLink

/..6/SF"Am tival.11 ORDINANCE NO. 3075-08 An Ordinance amending Ordinance No. 2842-05 to approve a three-year budget for the existing downtown Business Improvement Area(BIA) and extend the term of the BIA and existing special assessment levy for an additional year beyond its five-year term Whereas, the City Council, pursuant to Resolution No. 6019, adopted May 14, 2008, declared its intent to approve a three-year budget for the existing downtown Business Improvement Area(BIA) and extend the term of the BIA and existing special assessment levy for an additional year beyond its current five-year term; and Whereas, as provided in Resolution No. 6019, prior to the adoption of this Ordinance, the City Council held a public hearing on June 4, 2008, in the Everett City Hall Council Chambers, to consider the three-year budget for the existing BIA, and the extension of the term of the existing BIA and the special assessment levy for one additional year beyond its current five-year term; and Whereas, it is necessary to amend certain sections of Ordinance No. 2842-05 so that they are consistent with the intent expressed in Resolution No. 6019; NOW, THEREFORE BE IT ORDAINED BY THE CITY OF EVERETT: Section 1. Section 13 of Ordinance No. 2842-05, which reads as follows: The activities, services and projects to be funded with the special assessment proceeds for the first three years, and the three year budget as set forth in the materials on file with the City Clerk, are hereby approved. There is a hereby appropriated and authorized to be expended from the District Fund the sum of $175,500, or so much thereof as may be necessary, for the purposes, projects, activities, and services approved for the each or the next three years BIA fiscal years (June 1, 2005 through June 30, 2008.). Unless otherwise authorized by the City, the total amount to be specially assessed and expended in subsequent years shall be as set forth in the budget approved by the City. The particular program and services to be provided for each subsequent period and the amount of funding thereof shall be as approved by ordinance of the City Council, after notice and hearing as provided by Section 12 hereof. The Mayor is hereby authorized and directed to contract with the downtown Everett Association, or similar organization, to administer projects and activities for the first year. Thereafter, the City may continue each year to contract with the Downtown Everett Association, or similar organization to administer the forthcoming annual program, unless a suitable successor organization is 1