Executive/Council Action Form (ECAF)
ITEM TITLE: INTERLOCAL COOPERATION AGREEMENT BETWEEN SNOHOMISH COUNTY AND THE CITY OF LYNNWOOD CONCERNING ACQUISITION OF PROPERTY WITH CONSERVATION FUTURES FUNDS
Title
CONSERVATION FUTURES GRANT FUND INTERLOCAL AGREEMENT
body
DEPARTMENT: FACILITIES MANAGEMENT
ORIGINATOR: Pej Morgan
EXECUTIVE RECOMMENDATION: Approved
PURPOSE: This is an Interlocal Cooperation Agreement between Snohomish County and City of Lynnwood (City) regarding the Conservation Futures (CF) Grant Funding Program and the awarded CF grant funding terms and conditions concerning acquisition of property by the City with CF grant funding awarded to acquire property for conservation purposes.
BACKGROUND: The County manages a Conservation Futures funding program pursuant to RCW 84.34.200 et seq. and Chapter 4.14 Snohomish County Code. Cities and towns located in Snohomish County, nonprofit historic preservation corporations, and nonprofit nature conservancy corporations or associations as such are described in RCW 84.34.210 are eligible to apply to the County for resources to fund acquisition of interests or rights in real property located within Snohomish County that meet the conservation criteria described in RCW 84.34.210 et seq. The City applied for resources from the Snohomish County Conservation Futures Property Tax Fund to acquire fee simple interest to approximately 4.48 acres of real property located in the City of Lynnwood, referred to as “Lund’s Gulch South Addition.”. Whereas, on August 8, 2023, the Conservation Futures Program Advisory Board (the “Board”) at its regularly scheduled meeting listened to the presentation, reviewed the project proposal and voted to recommend project funding, through the Conservation Futures Property Tax Fund in the amount of Seven Hundred Eighty-Three Thousand Nine Hundred and Forty Dollars ($783,940.00) to assist with purchase of the Property. On December 13, 2023, the Snohomish County Council, by Motion No. 23-409, allocated funding in the amount of Seven Hundred Eighty-Three Thousand Nine Hundred and Forty ($783,940.00) Dollars to the City of Lynnwood from the Snohomish County Conservation Futures Property Tax Fund for that purpose.
FISCAL IMPLICATIONS:
|
EXPEND: FUND, AGY, ORG, ACTY, OBJ, AU |
CURRENT YR |
2ND YR |
1ST 6 YRS |
|
|
$783,940.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
TOTAL |
$783,940.00 |
|
|
|
REVENUE: FUND, AGY, ORG, REV, SOURCE |
CURRENT YR |
2ND YR |
1ST 6 YRS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
TOTAL |
|
|
|
DEPARTMENT FISCAL IMPACT NOTES: Conservation Futures Grant Funds awarded in 2023
CONTRACT INFORMATION:
|
ORIGINAL |
x |
CONTRACT# |
CF23-01 |
AMOUNT |
$783,940.00 |
|
AMENDMENT |
|
CONTRACT# |
|
AMOUNT |
|
Contract Period
|
ORIGINAL |
START |
At execution date |
END |
24 months post County execution |
|
AMENDMENT |
START |
|
END |
|
OTHER DEPARTMENTAL REVIEW/COMMENTS: Click or tap here to enter text.