Resolution 5644 - Laserfiche WebLink

f 1 of lot 19, block 687, Plat of Everett and the westerly projection thereof to intersect the centerline of the alley lying west of Rockefeller Avenue at a point, said point being the westerly projection of the north line of lot 28, block 684, Plat of Everett with the centerline of said alley, thence south along the centerline of the alley west of Rockefeller Avenue to the intersection of the centerline of Pacific Avenue, thence west along the centerline of Pacific • Avenue to the point of beginning. Situated in the City of Everett, County of Snohomish, State of Washington. Section 4. That in order to improve the general appearance of the BIA, to improve the economic climate and foster economic development within the BIA, the City of Everett would levy special assessments upon buildings and other real property(and/or the owners thereof), within the BIA, deposit the funds collected in a special City fund, and expend them only for the purposes or activities that benefit the BIA as proposed and outlined in this resolution, and as may be more specifically defined by ordinance of the Everett City Council to be adopted in accordance with the procedures as set forth in RCW Chapter 35.87A. Section 5. The City of Everett would levy a special yearly assessment, for the purpose of operating, security,pedestrian environment maintenance programs and economic development as follows: The yearly assessment shall use lineal footage and assessed value. Seventy percent (70%) of the annual BIA revenue shall be based on lineal footage of each individual property within the geographical limits of the BIA and thirty percent(30%) of the annual BIA revenue shall be based on the assessed value of each individual property within the geographical limits of the BIA. Section 6. The assessment formula used in establishing the BIA and the yeaerly budget for BIA levy expenditures would be subject to annual revision and review in accordance with the procedures and in the manner to be set forth in the City ordinance establishing the BIA and the special assessments therefor; said ordinance being hereafter referred to as the "BIA ordinance." Section 7. Property owned by the State and federal government would be exempt from assessment,provided that nothing herein would preclude the State or federal government from agreeing to make payment for any such assessment. Section 8. Special assessment revenues would be used for the following types of purposes, programs and services: A. The operation of a security program to provide enhanced security for common areas and for people, which may include, but is not limited to, dissemination of information relative to security and for the purpose of generating favorable publicity, and to promote the BIA and the property and businesses therein as a clean, safe and inviting area; to the providing of additional security through a combination of public and private personnel and facilities, and such other measures or activities as will accomplish the above-stated objectives, and also assist in changing the perception that the BIA is an undesirable or unsafe area. 3