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HomeMy WebLinkAboutres2016-049WHATCOM COUNTY COUNCIL AGENDA BILL NO. 2016 CLEARANCES r Initial Date fce Date Received in Council Of Agenda Date Assigned to Orininator: Weimer 11/9/2016 11/9/2016 Introduction Division Head.• 11/22/2016 Council Dept. Head. • fj Prosecutor: f Purchasin /Bud el: Executive: TITLE OF DOCUMENT. Res. Request Exec prepare alternative financing option for select water resource ATTACHMENTS: Resolution SEPA review required? ( ) Yes ( ) NO Should Clerk schedule a hearing ? ( ) Yes ( X ) 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 must provide the language for use in the required public notice. Be specific and cite RCW or WCC as appropriate. Be clear in explaining the intent of the action.) This resolution requests the County Executive to (1) develop long -term deficit reduction alternatives that maintain or enhance current levels of service; (2) present alternative to the Council no later than the second quarter of 2017; and (3) after receiving guidance from the Council, develop a final proposal in the third quarter of 2017, ready for implementation in the 2018 budget. The Council proposes to authorize $40,000 in the 2017 FCZD budget to enable this work. COMMITTEE ACTION: COUNCIL ACTION: 11/9/2016: Introduced 7 -0 11/22/2016: Approved 7 -0, Res. 2016 -049 6 _ Related County Contract #: Related File Numbers: Ordinance or Resolution Number: Res. 2016 -049 g 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. j 1 2 3 PROPOSED BY: Weimer 4 INTRODUCED: 11/09/2016 5 6 7 RESOLUTION NO. 2016 -049 8 9 10 RESOLUTION OF THE WHATCOM COUNTY COUNCIL 11 REQUESTING THAT THE EXECUTIVE PREPARE ALTERNATIVE 12 FINANCING OPTIONS FOR SELECTED WATER RESOURCE 13 SERVICES 14 15 16 WHEREAS, Resolution 2014 -015 declared the Whatcom County 17 Council's intention to create a Water Action Plan to steer the growth 18 water resource services; and 19 20 WHEREAS, the Council authorized additional expenditures from the 21 Flood Fund to accommodate new water resource services; and 22 23 WHEREAS, the long -term effect of continuing these additional 24 expenditures is to diminish the Flood Fund balance unless preexisting 25 services are reduced or additional revenues are secured; and 26 27 WHEREAS, current biennial budget predictions show that Flood Fund 28 reserves will approach the $5M emergency flood response and 29 operating threshold established by Resolution 2010 -055 during the 30 2018 fiscal year and, thereby, substantially diminish the Flood Control 31 Zone District's capacity to improve flood control infrastructure. 32 33 NOW THEREFORE BE IT RESOLVED that the Whatcom County 34 Council declares its intent to arrest the decline in flood fund balance, 35 while maintaining and improving existing water resource services. 36 37 BE IT FURTHER RESOLVED that the Council requests the County 38 Executive to (1) develop long -term deficit reduction alternatives that 39 maintain or enhance current levels of service; (2) present alternatives 40 to the Council no later than the second quarter of 2017; and (3) after 41 receiving guidance from the Council, develop a final proposal in the 42 third quarter of 2017, ready for implementation in the 2018 budget 43 yea r. 1 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 BE IT FINALLY RESOLVED that the County Council proposes to authorize $40,000 in the 2017 FCZD budget to enable this work. Approved this 22nd day of November, 2016. Qana'BBro i � Clerk of °e C -o nc (,. APPROVED AS TO FORM: (Name) Civil Deputy Prosecutor WHATCOM COUNTY COUNCIL WHATCOM COUNTY, WASHINGTON Berry Buchanan, Chairman Whatcom County Council 2