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HomeMy WebLinkAboutord2023-025Whatcom County COUNTY COURTHOUSE 311 Grand Avenue, Ste #105 Bellingham, WA 98225-4038 (360) 778-5010 • Agenda Bill Master Report File Number: AB2023-269 File ID: AB2023-269 Version: 1 Status: Adopted File Created: 03/31/2023 Entered by: MMiterko@co.whatcom.wa.us Department: Finance Division File Type: Ordinance Assigned to: Council Finance and Administrative Services Committee Final Action: 04/25/2023 Agenda Date: 04/25/2023 Enactment #: ORD 2023-025 Primary Contact Email: atangco.whatcom.wa.us TITLE FOR AGENDA ITEM: Ordinance authorizing an interfund loan for the purchase of flood response equipment SUMMARY STATEMENT OR LEGAL NOTICE LANGUAGE: Request interfund loan for purchase of flood response equipment in the amount of $4,294,850. HISTORY OF LEGISLATIVE FILE Date: Acting Body: Action: Sent To: 04/11/2023 Council INTRODUCED Council Finance and Administrative Services Committee Aye: 7 Buchanan, Byrd, Donovan, Elenbaas, Frazey, Galloway, and Kershner Nay: 0 04/25/2023 Council Finance and Administrative RECOMMENDED FOR Services Committee ADOPTION Aye: 3 Donovan, Frazey, and Kershner Nay: 0 04/25/2023 Council ADOPTED Aye: 7 Buchanan, Byrd, Donovan, Elenbaas, Frazey, Galloway, and Kershner Nay: 0 Attachments: Proposed Ordinance, Supplemental Request Whatcom County Page 1 Printed on 4/26/2023 PROPOSED BY: Executive INTRODUCTION DATE: 4/11/23 ORDINANCE NO. 2023 - 025 AN ORDINANCE AUTHORIZING AN INTERFUND LOAN FOR THE PURCHASE OF FLOOD RESPONSE EQUIPMENT WHEREAS, the Whatcom County Council has determined that it is in the best interest of the citizens of Whatcom County to purchase additional flood response equipment; and, WHEREAS, the Whatcom County Division of Emergency Management has been awarded a reimbursable grant in the amount of $4,294,850 from the Washington State Department of Commerce for the purchase of flood response equipment, and WHEREAS, the grant funds must be obligated by June 30, 2023, and WHEREAS, Fund 167 Emergency Management does not have adequate cash to finance planned purchases under this grant award; and, WHEREAS, it is the best interest of Whatcom County to finance the purchases utilizing an interfund loan from the General Fund, NOW, THEREFORE, BE IT ORDAINED by the Whatcom County Council that a loan shall be made from the General Fund to the Emergency Management Fund in the amount of $4,294,850. No interest shall be charged on the loan. The loan shall be repaid from grant proceeds upon receipt of payments from the Department of Commerce, or from return of principal once funds can no longer be obligated. `011111111111/I//' AD6PTE9D t � is Ati clay of �-�-- Daria Brawdi Dav+s,,C-,bt n-ci erk SHIN APPROVED'AS°TO' FORM: Approved by email/C Quinn/A Tan Civil Deputy Prosecutor 2023. WHATCOM COUNTY COUNCIL W-HATCOM COUNTY, WASHINGTON uchanan, Chair of Council Approved ( ) Denied satom-� &A-� Satpal Sidhu, ounty Executive Date: 4JI