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HomeMy WebLinkAboutord2020-033Whatcom County COUNTY COURTHOUSE 311 Grand Avenue, Ste #105 Bellingham, WA 98225-4038 (360) 778-5010 Agenda Bill Master Report File Number: AB2020-164 File ID: AB2020-164 Version: 1 Status: Adopted File Created: 03/24/2020 Entered by: MCaldwel@co.whatcom.wa.us Department: Finance Division File Type: Ordinance Assigned to: Council Finance and Administrative Services Committee Final Action: 06/16/2020 Agenda Date: 06/16/2020 Enactment #: ORD 2020-033 Primary Contact Email: mcaldwel@co.whatcom.wa.us TITLE FOR AGENDA ITEM: Ordinance closing the Lighthouse Marine Park Improvement Fund 362 SUMMARY STATEMENT OR LEGAL NOTICE LANGUAGE: Requests closing of the 2015 Lighthouse Marine Park Improvement Fund 362 and remaining funds be returned to the Real Estate Excise Tax II Fund. HISTORY OF LEGISLATIVE FILE Date: Acting Body: Action: Sent To: 04/07/2020 Council INTRODUCED Council Aye: 5 Browne, Buchanan, Donovan, Frazey, and Kershner Nay: 2 Byrd, and Elenbaas Absent: 0 06/16/2020 Council Finance and Administrative RECOMMENDED FOR Services Committee ADOPTION Aye: 3 Browne, Byrd, and Kershner Nay: 0 Absent: 0 06/16/2020 Council ADOPTED Aye: 7 Browne, Buchanan, Byrd, Donovan, Frazey, Elenbaas, and Kershner Nay: 0 Absent: 0 Whatcom County Page 1 Punted on 611712020 Agenda Bill Master Report Continued (AB2020-164) Attachments: Proposed Ordinance Whatcom County Page 2 Printed on 611712020 PROPOSED BY: Executive INTRODUCTION DATE: 04/07/20 ORDINANCE NO. 2020-033 CLOSING LIGHTHOUSE MARINE PARK IMPROVEMENT FUND 362 WHEREAS, on November 25, 2014 Ordinance 2014-078 created 2015 Lighthouse Marine Park Improvement Fund 362 and established a project based budget for this capital project; and WHEREAS, Real Estate Excise Tax II (REET II) Fund contributed $328,500 towards the project; and WHEREAS, the project has now been completed; and WHEREAS, the project fund is no longer needed, and WHEREAS, the current cash balance in the project fund is $721; and WHEREAS, remaining cash in the fund should be returned to the REET II Fund; NOW, THEREFORE, BE IT ORDAINED by the Whatcom County Council that the 2015 Lighthouse Marine Park Improvement Fund 362 be dissolved and its remaining cash balance returned to the REET II Fund. ��®Fgtg41iB6ifpp��® o �tJt7P�DUt1ta G'rT6t6,,day of June jx- ATE Dana'`Rrown-Davis; Cou"nctl°Clerk RPROVED AS TO FORM; ivil Deputy Prosecutor 2020. WHATCOM COUNTY COUNCIL /--'WHATCO COUNTY�WASHINGTON Baky_ buchangn, Chair of the Council Approved ( ) De - d Satpal Sidhu, u ty Executive Date: 1K1 Z0?-e>