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2005/06/15 Council Agenda Packet
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2005/06/15 Council Agenda Packet
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Council Agenda Packet
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6/15/2005
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I <br />ATTACHMENT A <br />REVENUES <br />2005, 20069 2007 fiscal year assessment per year ......$175,500 <br />Assessment 30% assessed value 70% lineal foot 122,503 <br />City Grant 52,997 <br />175,500 <br />Fiscal Years <br />EXPENDITURES 2005 2006 <br />CLEANING AND MAINTENANCE OF <br />DOWNTOWN (Cleaning sidewalks, alleys, <br />weeding, emptying trash containers, removing <br />graffiti, etc. <br />BIA MANAGER <br />SUPPLIES <br />$125,000 <br />$25,000 <br />12,000 <br />$162,000 <br />THREE YEAR BUDGET $510,706 <br />3% UNCOLLECTABLE 15,706 <br />TOTAL THREE YEAR BUDGET $526,027 <br />AVERAGE ANNUAL BUDGET <br />ROUNDED UP FROM $175,342 ..........................$175,500 <br />$131,250 <br />26,250 <br />12,600 <br />170,100 <br />ATTACHMENT B <br />DOWNTOWN EVERETT BUSINESS IMPROVEMENT AREA SPECIAL <br />ASSESSMENT <br />2007 <br />$137,813 <br />27,553 <br />13,320 <br />178,606 <br />FOR THE BIA FISCAL YEARS 2005, 2006, 2007 <br />To finance programs and services authorized in Attachment A, for the BIA <br />fiscal years (July 1 through June 30 of the subsequent year) of 2005, 2006 and 2007 in <br />the annual amount of $175,500 there is levied and shall be collected annual special <br />assessments upon the buildings and other real property within the Downtown Everett <br />Business Improvement Area (and the owners thereof), as follows: <br />Seventy percent (70%) of the annual BIA levy of $175,500 shall be based on <br />lineal footage of each individual property within the geographical limits of the <br />BIA and thirty percent (30%) of the annual BIA levy of $175,500 shall be based <br />on the assessed value of each individual property within the geographical limits of <br />the BIA. <br />
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