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HomeMy WebLinkAboutord2017-035WHATCOM COUNTY COUNCIL AGENDA BILL NO. 2017 -198 CLEARANCES Initial Date Date Received in Council Office Agenda Date Assigned to: Originator: ^( E C E� V E D uuu uuu 06113117 Intro Division Head: 06127117 Finance Committee; JUN 0 6 2017 Council Dept. Head: WHATCOM COUNTY COUNCIL Prosecutor: �. , �p to Purchasing /Budget: Z I Executive: TITLE OF DOC T: Ordinance Closing the 2015 Central Plaza Improvement Fund 360 ATTACHMENTS. Ordinance SEPA review required? ( ) Yes ( X ) NO Should Clerk schedule a hearing ? ( ) Yes ( X) NO SEPA review completed? ( ) Yes ( X ) 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.) 11 Request closes the 2015 Central Plaza Improvement Fund and transfers remaining funding back to the Real Estate Excise Tax I Fund. COMMITTEE ACTION.• COUNCIL ACTION.• 6/27/2017: Forwarded to Council for approval 6/13/2017: Introduced 6 -0, Donovan absent 6/27/2017: Adopted 7 -0, Ordinance 2017 -035 Related County Contract #: Related File Numbers: Ordinance'or Resolution Number: Ord. 2017 -035 PROPOSED BY: Executive INTRODUCTION DATE: 06/13/17 ORDINANCE NO. 2017 -035 CLOSING 2015 CENTRAL PLAZA IMPROVEMENT FUND 360 WHEREAS, on November 25, 2014 Ordinance 2014 -076 created the 2015 Central Plaza Improvement Fund and established a project based budget for this capital project, and WHEREAS, the Real Estate Excise Tax Fund I (REET 1) contributed $160,000 towards the endeavor, and WHEREAS, the roof replacement and sidewalk/asphalt repairs and tree removal have now been completed, and WHEREAS, the project fund is no longer needed, and WHEREAS, remaining cash in the fund should be returned to the REET I Fund, and WHEREAS, the current cash balance in the fund is $13,149.52, NOW, THEREFORE, BE IT ORDAINED by the Whatcom County Council that the 2015 Central Plaza Improvement Fund be dissolved and its remaining cash balance returned to the REET I Fund. ;A C lP . day of June • ,'i � 4f t ATTE0 Dana Brown -DDib, o0rt61il Clerk APPROVED AS O FO Civil utor 2017. WHATCOM COUNTY COUNCIL W ATCO UN Y, WASHINGTON By uch nan, Chair of the Council ( A roved ( Denied Jack Louw , ounty ecu iv Date: