2005/04/20 Council Agenda Packet

• EVERETT CITY COUNCIL AGENDA ITEM COVER SHEET PROJECT TITLE: Resolution authorizing the City Consent COUNCIL BILL# to disburse funds to the X Action Originating Department Legal Downtown Everett Association First Reading Contact Person Ned Johnston from the City's Current BIA Second Reading Phone Number 257-8727 balance for the months of Third Reading FOR AGENDA OF April 20, 2005 April, May and June 2005 in Public Hearing the amount of$8,850 per Initialed by: month for a total of$26,550. Department Head CAA Council President Location Preceding Action Attachments Department(s) Approval Resolution Legal Finance Economic Development Amount Budgeted Expenditure Required $26,550.00 Account Number(s): 665-2399 000 000 Budget Remaining Additional Required DETAILED SUMMARY STATEMENT: Over the past two years the monthly expenditures for the BIA have been made from a balance which the Downtown Everett Association had in its account. That account is now insufficient to pay for the current expenses of cleaning and maintenance. This authorization will cover the months of April, May and June. It is anticipated that sometime during that three month period the work redefining the area and assessment base of the BIA will be finished and a revised BIA Resolution, Ordinance and Assessment will be ready for City Council consideration. RECOMMENDATION (Exact action requested of Council): Adopt resolution authorizing the City to disburse funds to the Downtown Everett Association from the City's Current BIA balance for the months of April,May and June 2005 in the amount of$8,850 per month for a total of$26,550. 15