Resolution 6019 - Laserfiche WebLink

RESOLUTION NO. 6019 A RESOLUTION expressing 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 five-year term, and setting a public hearing in the City Council Chambers located at 3002 Wetmore, Everett, Washington on the 4th of June, 2008, at 8:30 a.m. Whereas, on June 29, 2005, the City Council held a public hearing concerning the formation of the Downtown Business Improvement Area and the imposition of special assessments on property (and property owners)within such Business Improvement Area and adopted Ordinance No. 2842-05 establishing the existing Downtown Business Improvement Area(BIA) within the boundaries described in Section 2 of said Ordinance; and Whereas,businesses and property owners within the BIA have indicated that they value the BIA's use of special assessment revenues to fund programs and services, such as security, maintenance, and economic development; and Whereas,businesses and property owners wish to continue the special assessment levy at the rate described in Section 5 of Ordinance No. 2842-05 and wish to continue to fund the programs and services described in Section 4 of said Ordinance; and Whereas,pursuant to Section 19 of Ordinance No. 2842-05, the existing BIA terminates after a period of five years from the date the Ordinance was passed and thus is scheduled to terminate in July 2010; and Whereas,pursuant to Section 12 of Ordinance No. 2842-05,the Mayor's designee has submitted a proposed three-year budget for the period July 1, 2008-June 30, 2011, a statement of programs and activities to be conducted consistent with the description in Section 4 of said Ordinance, and a statement of assessment rates consistent with the description in Section 5 of said Ordinance; and Whereas,the extension of the BIA's term by one additional year to 2011 would allow the expiration date of the term to coincide with the expiration of the proposed three-year budget; NOW,THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF EVERETT: Section 1. Pursuant to Chapter 35.87A RCW, it is the intention of the Everett City Council to extend the term of the Downtown Business Improvement Area(BIA) established by Ordinance No. 2842-05 within the following described boundaries: Beginning at the intersection of the centerline of Pacific Avenue and the centerline of the alley west of Hoyt Avenue,thence north along the centerline of 1