HomeMy WebLinkAboutord2016-0082016 -086
WHATCOM COUNTY COUNCIL AGENDA BILL NO.
CLEARANCES
Initial
Date
Date Received in Council OffLce
Agenda Date
Assigned to:
twh
01.28.16
02.09.16
Intro
Originator:
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V
02.23.16
Finance Comm.
Division Head:
FEB O 2 2016
WHATCOM COUNTY
COUNCIL
Council
Dept. Head:
Prosecutor:
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/1XVI&
Purchasin Muudget:
ACW
Jf
Executive: T r"
TITLE OF DOCU E
Ordinance to amend Whatcom County Ordinance 2010 -040 to authorize additional capital
projects for which unexpended bond proceeds may be used by the County.
ATTACHMENTS: Ordinance amendment, Certificate and memo
SEPA review required? ( ) Yes ( ) NO
Should Clerk schedule a hearing ? ( ) Yes ( ) NO
SEPA review completed? ( ) Yes ( ) NO
Requested Date:
SUMMARY STATEMENT OR LEGAL NOTICE LANGUAGE. (If this item is an ordinance or requires a public hearing, you
mustprovide the language for use in the requiredpublic notice. Be specific and cite RCW or WCC as appropriate. Be clear in
explaining the intent of the action.)
Request County Council authorization to. amend Ordinance 2010 -040 to authorize additional capital projects for
which unexpended bond proceeds may be used by the County.
COMMITTEE ACTION. •
COUNCIL ACTION. -
2/23/2016: Forwarded to Council for approval
2/9/2016: Introduced 7 -0
2/23/2016: Adopted 6 -0, Ord. 2016 -008, Sidhu absent
Related County Contract #:
Related File Numbers:
Ordinance or Resolution Number:
Ord. 2016 -008
Please Note: Once adopted and signed, ordinances and resolutions are available for viewing and printing on the County's website
at: www.co.whatcom.wa.us /council.
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PROPOSED BY: County Executive
INTRODUCTION DATE: 02/09/16
ORDINANCE NO. 2016-
AMENDING ORDINANCE NO. 2010 -040 TO AUTHORIZE ADDITIONAL CAPITAL
PROJECTS FOR WHICH UNEXPENDED BOND PROCEEDS MAY BE USED BY THE
COUNTY
WHEREAS, the County Council of Whatcom County, Washington (the "County ")
passed Ordinance No. 2010 -040 on October 12, 2010 (the "Bond Ordinance "), providing for
the issuance of the County's Limited Tax General Obligation Bonds, 2010B (Taxable
Recovery Zone Economic Development Bonds - Direct Payment) (the "Bonds ") for the
purpose of financing a portion of the costs of replacement of the security electronics in the
County jail and juvenile detention facility, replacement of the fire safety systems in the
County jail and creation of additional emergency exits in the housing areas of the facility
(the "County Jail Project "); and
WHEREAS, the County issued and sold the Bonds on October 25, 2010 in the
aggregate principal amount of $1,825,000; and
WHEREAS, the County Jail Project has been completed and the County Council finds
it in the public interest to amend the Bond Ordinance, in order to provide authorization for
the expenditure of unspent Bond proceeds;
NOW, THEREFORE, BE IT ORDAINED BY THE WHATCOM COUNTY COUNCIL,
Ordinance No. 2010 -040 is amended as follows:
Section 1. Amendment to Section
Ordinance No. 2010 -040, is hereby amended
and deletions are shown as stricken):
Section 1. Definitions.
L of Ordinance No. 2010 -040. Section 1 of
to read as follows (additions are underscored
Project means the replacement of the security electronics in the County jail and
juvenile detention facility, replacement of the fire safety systems in the County jail, and
creation of additional emergency exits in the housing areas of the facility, and, following
completion of the foregoing, remaining unspent Bond proceeds may also be used for the
Le placement of the jail controls at the County's minimum security facility and a contract for
a study of the deficiencies in the County jail and minimum security -farility -facility and the
undertaking of related improvements.
Page 1
Section ,2. Amendment to Section 7 Ordinance No. 2010 -040. Section 7 of Ordinance
No. 2010 -040, is hereby amended to read as follows (additions are underscored and
deletions, if any, are shown as stricken):
Section 7. Application of Bond Proceeds and Redemption of the Refunded Bonds.
(a) Project Fund. The Treasurer has heretofore established a special fund of the County
designated as the '2010 Jail Improvement Fund" (the "Project Fund "). The proceeds of sale
of the Improvement Bonds and the 2010B Bonds shall be deposited in the Project Fund and
shall be expended solely to pay the cost of issuing and selling the Improvement Bonds and
the 2010B Bonds and, together with other available moneys of the County, shall be used to
pay the costs of the Project. Money in the Project Fund shall be invested by the Treasurer,
pending disbursement, in any legal investment for County funds.
Any portion of the lroceeds of the 20108 Bonds rema nin�c in the 2010 Jai[
Improvement Fund after all costs of the Project have been paid may be used for any capital
purpose of the County or may be transferred to the Bond Fund.
Section 3. Confirmation of Ordinance No. 2010 -040. Ordinance No. 2010 -040, as
amended by this amendatory ordinance, is hereby ratified, approved and confirmed.
Section 4. Effective Date. This ordinance shall become effective immediately
upon its adoption.
ADOPTED this 23rd day Of February
WHA- t0l.C�1` - 66UNCII-
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Dana BroWf -@ ;t laetk of-1-he Council
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WHATCOM COUNTY EXECUTIVE
APPROVED AS TO FORM:
Civil Deputy Prosecutor
Date Signed: 1�1 a!° // GO
011t.1
Page 2
WHATCOM COUNTY, WASHINGTON
arr BuchaKAY, Council Chair
WHATCOM COUNTY, WASHINGTON
Jack Lo ws, counA Executive
(� A' proved ( ) Denied