2005/04/20 Council Agenda Packet

i .�_�v!°ice __......s< T..'ta.�_ yt. RESOLUTION No. 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. WHEREAS,over the past two years the monthly expenditures for the BIA have been paid from a balance which the Downtown Everett Association had in its account but now the current balance is insufficient to pay for the current expenses of cleaning and maintenance; and WHEREAS,the City has a balance in its BIA assessment account sufficient to fund the Downtown Everett Association's expenditures to carry on its cleaning and maintenance functions in the BIA downtown area but needs City Council authorization for disbursement to the Downtown Everett Association; and WHEREAS,this authorization will cover the months of April,May and June and further, 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; and WHEREAS,the Downtown Everett Association has submitted a proposed budget covering its projected expenditures for the months of April,May and June, 2005, a copy of which is attached; BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF EVERETT: 1. The proposed budget of the Downtown Everett Association is approved in the amount of$26,550.00 for the months of April, May and June 2005, or $8,850.00 per month. 2. The Finance Department is authorized to disburse from its BIA account balance the amount of$26,550.00 for the months of April, May and June 2005, or$8,850.00 per month. Passed and approved this 20th day of April, 2005. Councilperson Introducing Resolution Council President e ')