Ordinance 3554-17 - Laserfiche WebLink

The purposes, activities, services, and projects to be funded with the special assessment proceeds for the three years beginning July 1, 2017 through June 30, 2020, and the three year budget as set forth in Attachment A to this Ordinance, are hereby approved. There is hereby appropriated and authorized to be expended from the District Fund the sum of$235,994, or so much thereof as may be necessary,for the purposes, activities, services, and projects approved for each of the next three BIA fiscal years (July 1, 2017 through June 30, 2020). Unless otherwise authorized by the City, the total amount to be specially assessed and expended in subsequent years shall be as set forth in the budget approved by the City. The particular program and services to be provided for each subsequent period and the amount of funding thereof shall be as approved by ordinance of the City Council after notice and hearing as provided by Section 12 of Ordinance No. 2842-05. The Mayor is hereby authorized and directed to contract with the Downtown Everett Association, or similar organization, to administer funds for the approved purposes, activities, services, and projects for the first year. Thereafter the City may continue each year to contract with the Downtown Everett Association or similar organization to administer the forthcoming annual program, unless a suitable successor organization is recommended by (a) a majority of the votes of the ratepayers at their annual meeting weighed by the dollar value of their assessments, (b) a petition signed by ratepayers paying the majority of the assessments, or(c) by the association itself Section 4. Section 19 of Ordinance No. 2842-05, as amended by Section 2 of Ordinance No. 3075-08, Section 2 of Ordinance No. 3222-11, and Section 2 of Ordinance No. 3381-14 which reads as follows: TheBIA and the special assessment levy therefore shall terminate within one year(or such longer period as set forth in the termination petition) from the date of submission to the City of a petition containing the signatures of the owners of property in the BIA who pay fifty percent or more of the annual special assessment amount for the BIA, requesting termination of the BIA and special assessment levy, or by Resolution and Ordinance of the City Council. The BIA and the special assessment levy therefore shall continue for a period of twelve years from the effective date of Ordinance No. 2842-05 so that the term of the BIA expires in 2017, unless, at least ninety days prior to such termination, a petition is submitted to the City requesting the continued existence of the BIA, with such petition containing the signatures of the owners of property in the BIA who will pay fifty percent or more of the annual special assessment for the BIA. is hereby amended to read as follows: The BIA and the special assessment levy therefore shall terminate within one year(or such longer period as set forth in the termination petition) from the date of submission to the City of a petition containing the signatures of the owners of property in the BIA who pay fifty percent or more of the annual special assessment amount for the BIA, requesting termination of the BIA and special assessment levy, or by Resolution and Ordinance of the City Council. The BIA and the special assessment levy therefore shall continue for a period of fifteen years from the effective date of Ordinance No. 2842-05 so that the term of the BIA expires in 2020, unless, at least ninety days priorto such termination, a petition is submitted to the City requesting the continued existence of the BIA, with such petition containing the signatures of the owners of property in the BIA who will pay fifty percent or more of the annual special assessment for the BIA. Page 4 of 7