Executive/Council Action Form (ECAF)
ITEM TITLE:
Title
INTERLOCAL COOPERATION AGREEMENT BETWEEN SNOHOMISH COUNTY AND THE CITY OF LAKE STEVENS CONCERNING ACQUISITION OF PROPERTY WITH CONSERVATION FUTURES FUNDS
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DEPARTMENT: CONSERVATION AND NATURAL RESOURCES
ORIGINATOR: PEJ MORGAN
EXECUTIVE RECOMMENDATION: Approved
PURPOSE: For County to execute an interlocal cooperation agreement between County and City of Lake Stevens. The City of Lake Stevens applied for resources from Snohomish County Conservation Futures Property Tax Fund to acquire fee simple interest to approximately 6.82 acres of real property located in the City of Lake Stevens, referred to as Lower Stevens Creek Land Acquisition.
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 6.82 acres of real property located in the City of Lake Stevens, referred to as Lower Stevens Creek Land Acquisition, and more particularly described in Section 1 below (hereinafter referred to as the “Property”). Whereas, on September 25, 2023, the Conservation Futures Program Advisory Board (the “Board”) in a special 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 Five Hundred Thirteen Thousand Eight Hundred Seventy-Five ($513,875.00) Dollars, to assist with purchase of the Property. On May 15, 2024, the Snohomish County Council, approved and authorized a new Motion 24-176 revising the grant award total amount from $326,125 to the correct amount of $513,875, and allocated funding in the amount of Five Hundred Thirteen Thousand Eight Hundred Seventy-Five ($513,875.00) Dollars to the City of Lake Stevens from the Snohomish County Conservation Futures Property Tax Fund for that purpose. In consideration of the mutual promises set out below and for other good and valuable consideration the Parties agree, the unimproved Property is located in the City of Lake Stevens, Washington, the Property is to be acquired for the purpose of conserving open spaces and areas as authorized by RCW 84.34.200 et seq., and for conservation and for passive, public recreation.
FISCAL IMPLICATIONS:
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EXPEND: FUND, AGY, ORG, ACTY, OBJ, AU |
CURRENT YR |
2ND YR |
1ST 6 YRS |
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Conservation Future Tax Fund Program |
$513,875.00 |
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TOTAL |
$513,875.00 |
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REVENUE: FUND, AGY, ORG, REV, SOURCE |
CURRENT YR |
2ND YR |
1ST 6 YRS |
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TOTAL |
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DEPARTMENT FISCAL IMPACT NOTES: Click or tap here to enter text.
CONTRACT INFORMATION:
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ORIGINAL |
X |
CONTRACT# |
CF23-09 |
AMOUNT |
$513,875.00 |
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AMENDMENT |
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CONTRACT# |
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AMOUNT |
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Contract Period
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ORIGINAL |
START |
Upon Execution by Co. |
END |
N/A |
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AMENDMENT |
START |
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END |
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OTHER DEPARTMENTAL REVIEW/COMMENTS: Click or tap here to enter text.