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EVERETT CITY COUNCIL AGENDA ITEM COVER SHEET 8 <br /> `'ROJECT TITLE: <br /> An Ordinance to assume the Briefmg COUNCIL BILL# <br /> Everett Transportation Benefit Proposed Action Originating Department Public Works <br /> District Consent Contact Person Richard Tarry <br /> X Action Phone Number 425-257-8922 <br /> First Reading FOR AGENDA OF December 16,2015 <br /> Second Reading <br /> Third Reading <br /> Public Hearing <br /> Budget Advisory Initialed by: <br /> Department Head <br /> CAA rib <br /> Council President Pv') <br /> Location Preceding Action Attachments Department(s)Approval <br /> Various Resolution announcing a Ordinance Public Works,Legal <br /> Public Hearing <br /> December 9,2015 <br /> Amount Budgeted -0- <br /> j Expenditure Required -0- Account Number(s): <br /> Budget Remaining -0- <br /> Additional Required -0- <br /> DETAILED SUMMARY STATEMENT: <br /> The City Council created the Everett Transportation Benefit District("TBD") as a separate entity in June, <br /> 2014. Under new state law, however,the City may assume the rights and obligations of the TBD. Under the <br /> new state legislation(2015 -2ESSB 5987) a city that forms a TBD with the same boundaries as the city is <br /> allowed to assume all of its"rights,powers,functions, and obligations,"with the result that the TBD would <br /> cease to exist as a separate entity.After the assumption the City continues the work and functions of the <br /> 'IBD as defined in state law and the proposed Ordinance. <br /> The main advantage of this is that it will streamline processes.The work and functions of the TBD as <br /> defined in state law and the Everett Municipal Code would be conducted through regular Council process <br /> and not require separate meetings or boards. <br /> RECOMMENDATION(Exact action requested of Council):Adopt an Ordinance to assume the Everett <br /> Transportation Benefit District. <br /> 49 <br />