Executive/Council Action Form (ECAF)
ITEM TITLE:
Title
Acquisition of CF24_01 Conservation Easement for Pioneer Highway and CF24_02 Conservation Easement Old Pacific Highway escrow closing documents
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DEPARTMENT: CONSERVATION AND NATURAL RESOURCES
ORIGINATOR: PEJ MORGAN
EXECUTIVE RECOMMENDATION: Approved
PURPOSE: To execute the escrow closing documents for County's acquisition of Conservation Easements on CF24_01 Pioneer Highway property and CF24_02 Old Pacific Highway authorized by Motion 24-507
BACKGROUND: Snohomish County Code Chapter 4.14 establishes the Snohomish County Conservation Futures Property Tax Fund and the Conservation Futures Program Advisory Board ("Advisory Board"), whose duties include the review and recommendation of projects to be funded with Conservation Futures Property Tax Funds. Snohomish County advertised the opportunity for project sponsors to submit applications for Conservation Futures Property Tax Funds and received 7 applications from two non-profits, two cities, and Snohomish County by the application due date of August 16, 2024. On September 4, 2024, the Advisory Board listened to project presentations, reviewed the project proposals and voted to recommend fully funding all 7 projects for a total amount of $7,295,976 through the Conservation Futures Property Tax Fund. County Council authorized and granted funds for acquisition of a Conservation Easement on CF24_01 Pioneer Highway property in the amount of $154,352 and a Conservation Easement on CF24_02 Old Pacific Highway property in the amount of $193,274. The closing documents require signatures by the Executive to close both acquisition of easements on December 5, 2025.
FISCAL IMPLICATIONS:
EXPEND: FUND, AGY, ORG, ACTY, OBJ, AU
CURRENT YR
2ND YR
1ST 6 YRS
DAC 185-5091916101
$154,352
DAC 185-5091916101
$193,274
TOTAL
$347,626
REVENUE: FUND, AGY, ORG, REV, SOURCE
CURRENT YR
2ND YR
1ST 6 YRS
TOTAL
DEPARTMENT FISCAL ...
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