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HomeMy WebLinkAboutord2022-049Whatcom County COUNTY COURTHOUSE 311 Grand Avenue, Ste #105 -= Bellingham, WA 98225-4038 (360)778-5010 Agenda Bill Master Report File Number: AB2022-320 File ID: AB2022-320 Version: 1 Status: Adopted File Created: 05/25/2022 Entered by: MCaldwel@co.whatcom.wa.us Department: Finance Division File Type: Ordinance Assigned to: Council Finance and Administrative Services Committee Final Action: 06/21/2022 Agenda Date: 06/21/2022 Enactment #: ORD 2022-049 Primary Contact Email: mcaldwel@co.whatcom.wa.us TITLE FOR AGENDA ITEM: Ordinance closing the Agate Heights/Estate Bay Lane Stormwater Improvements Fund 365 SUMMARY STATEMENT OR LEGAL NOTICE LANGUAGE: Request closing the Agate Heights/Estate Bay Lane Stormwater Improvements Fund 365 and remaining funds be returned to Real Estate Excise Tax II Fund. HISTORY OF LEGISLATIVE FILE Date: Acting Body: Action: Sent To: 06/07/2022 Council INTRODUCED Council Finance and Administrative Services Committee Aye: 6 Buchanan, Byrd, Donovan, Frazey, Galloway, and Kershner Nay: 1 Elenbaas Absent: 0 06/21/2022 Council Finance and Administrative RECOMMENDED FOR Services Committee ADOPTION Aye: 3 Byrd, Frazey, and Kershner Nay: 0 Absent: 0 06/21/2022 Council ADOPTED Aye: 7 Buchanan, Byrd, Donovan, Elenbaas, Frazey, Galloway, and Kershner Nay: 0 Absent: 0 Whatcom County Page 1 Printed on 612812022 Agenda Bill Master Report Continued (AB2022-320) Attachments: Proposed Ordinance Whatcom County Page 2 Printed on 612812022 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 PROPOSED BY: Public Works INTRODUCTION DATE: 06/07/2022 ORDINANCE NO. 2022-049 CLOSING AGATE HEIGHTS/ESTATE BAY LANE STORMWATER IMPROVEMENTS FUND 365 WHEREAS, on November 12, 2014 Ordinance 2014-081 created the Agate Heights Estate Fund and funded the project; and, WHEREAS, the REET II fund contributed $1,298,219 towards the project; and, WHEREAS, the project has 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 II Fund, WHEREAS, the current cash balance in the fund is approximately $194,212.76 NOW, THEREFORE, BE IT ORDAINED by the Whatcom County Council that the Agate Heights/Estate Bay Lane Stormwater Improvements Fund be dissolved and its remaining cash I nce be returned to the REET II Fund. �����► TIED I i day of June 20 22 °® COUNTY m WHATCO BOUNTY COUNCIL A (- t WHATC M CO NTY, WASHINGTON Dana. Brow -,D , if �1 �k-of"tf e Council Todd Donovan, Council Chair <�ivf WHATCOM',COUNTY EXECUTIVE APPROVED AS TO FORM: WHATCOM COUNTY, WASHINGTON Approved by email/C Quinn/M Caldwell Civil Deputy Prosecutor Page 1 e Satpal Singh Sidhu, County Executive Approved ( ) Denied Date Signed: JA-%� 1,j-M)21,