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EVE1 BTT CITY QUNCIL AGENDA'ITEM COVER SFIEET _ xz n , � „ 7�.e :: <br /> PROJECT TITLE: <br /> An Addendum to the Interlocal Consent COUNCIL BILL# <br /> Agreement between the City of X Action Originating Department <br /> Everett and the Everett Public First Reading Contact Person Debra Bryant <br /> Facilities District Relating to Second Reading Phone Number X8608 <br /> the City's Hotel-Motel Tax Third Reading FOR AGENDA OF 1/24/07 <br /> Distribution Public Hearing <br /> Initialed by: <br /> Department Head citl„e.,5,_ <br /> CAA <br /> Council President <br /> Location Preceding Action Attachments Department(s) Approval <br /> Amount Budgeted <br /> Expenditure Required Account Number(s): <br /> Budget Remaining <br /> Additional Required <br /> DETAILED SUMMARY STATEMENT: On February 25, 2002, City Council approved an Interlocal <br /> Agreement to distribute $100,000 of Hotel-Motel Tax proceeds to the Everett Public Facilities District <br /> (EPFD) annually for ten years to assist in paying debt service and operations costs associated with the Everett <br /> Events Center. This amends the Interlocal Agreement to extend the commitment up to the year 2036. <br /> RECOMMENDATION: Approve the Addendum to the Interlocal Agreement between the City of Everett <br /> and the Everett Public Facilities District Relating to the City's Hotel-Motel Tax Distribution. <br /> 15 <br />