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EVERETT CITY COUNCIL AGENDA ITEM COVER SHEET 2 <br /> PROJECT TITLE: <br /> Agreement to Fund Everett Briefing COUNCIL BILL# <br /> Station District Alliance Proposed Action Originating Department Administration <br /> Economic Development Consent Contact Person Bob Bolerjack <br /> Activities Action Phone Number 425-257-8727 <br /> First Reading FOR AGENDA OF December 13,2017 <br /> Second Reading <br /> Third Reading <br /> Public Hearing <br /> Initialed by: <br /> Department Head <br /> CAA <br /> Council President <br /> Location Preceding Action Attachments Department(s)Approval <br /> Administration,Legal <br /> Amount Budgeted -0- <br /> Expenditure Required $50,000 Account Number(s): 004-575 0000 410 <br /> Budget Remaining -0- <br /> Additional Required -0- <br /> DETAILED SUMMARY STATEMENT: <br /> The City is a member of the Everett Station District Alliance(ESDA), a nonprofit corporation formed to <br /> promote development within the Everett Station District. This agreement provides $50,000 to ESDA to fund <br /> economic development work within the District,including: exploring the viability of creating a Business <br /> Improvement Area; exploring the merits of converting the ESDA into a public development authority to lead <br /> the development process for the Everett Station District; exploring a partnership with the City to create a <br /> master plan for neighborhood development;and developing a proposed Green Neighborhood Plan for the <br /> District. Reports would be produced and delivered to the City upon completion of each of these tasks. <br /> RECOMMENDATION (Exact action requested of Council): <br /> Authorize the Mayor to sign the Agreement to Fund Everett Station District Alliance Economic Development <br /> Activities at a cost of$50,000. <br /> 1 <br />