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osb/mma <br /> RESOLUTION NO. 5619 <br /> A RESOLUTION of the City Council of the City of Everett, initiating and <br /> expressing intent to disestablish the existing downtown Business <br /> Improvement Area (BIA), and establish a new BIA pursuant to Chapter <br /> 35.87A RCW, and setting a public hearing before the City Council on the 29th <br /> day of June, 2005, at 8:30 A.M. <br /> WHEREAS, a BIA has existed and operated in City of Everett(City) since 1995 pursuant to <br /> Chapter 35.87A RCW; and <br /> WHEREAS,the downtown area of the City has changed by the addition of new businesses, <br /> residential properties and condominiums and by the addition of the Everett Events Center on <br /> Hewitt Avenue, thus enjoying additional business revenue and visitors to the downtown area <br /> especially along Hewitt Avenue; and <br /> WHEREAS, as a consequence of such changes in the downtown area there is a need to establish <br /> a new BIA with different boundaries and the method used in calculating the assessments against <br /> the properties in the BIA; and <br /> WHEREAS,the City engaged the services of a consultant, expert in the affairs of downtown <br /> business improvement areas of districts, who is in agreement that there is a need to reconfigure <br /> both the boundaries of the BIA and the method used in calculating the assessments against the <br /> properties in the BIA and to use assessed valuation as well as front footages as an basis for <br /> assessments; and <br /> WHEREAS,the most expeditious way to accomplish the reconfiguration of boundaries and <br /> assessment method is to terminate the existing BIA and substitute a new reconfigured BIA in its <br /> place, incorporating both the existing boundaries and the new boundaries along Hewitt Avenue; <br /> and <br /> WHEREAS,the City Council is willing to initiate and declare its intentions to disestablish such <br /> BIA and set a time for public hearing thereon, all as herein below more specifically set forth; <br /> NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br /> EVERETT: <br /> Section 1. Pursuant to Chapter 35.87A RCW, it is the intention of the Everett City Council <br /> to disestablish, terminate and dissolve the existing BIA established by Resolutions No. 4149 and <br /> 4151 and Ordinance No. 2097-95 in 1995 effective the effective date of the establishment of a <br /> new BIA pursuant to Council actions to be taken June 29, 2005 or thereafter as may be <br /> determined by Council as was created by Council in 1995 with the following described <br /> boundaries: <br /> 1 <br />