Executive/Council Action Form (ECAF)
ITEM TITLE:
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Motion 24-176, correcting the allocation of Conservation Futures Property Tax Funds for Lower Stevens Creek Land Acquisition and the total amount approved
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DEPARTMENT: Facilities and Fleet
ORIGINATOR: Carl Jorgensen
EXECUTIVE RECOMMENDATION: Lacey Harper 4/12/24
PURPOSE: To increase the approved funding amount issued erroneously to the City of Lake Stevens from $326,125 to the intended amount of $513,875. This will allow the additional purchase of properties contained in the flood design critical to a successful drainage design be prepared and performed by the City of Lake Stevens. Also this motion is to correct the omission of $250,000 slated for the East Side Rail/Centennial Trail South project that was originally approved by the CF Board and DNCR.
BACKGROUND: Snohomish County advertised the opportunity for project sponsors to submit applications for Conservation Futures Property Tax Funds and received 11 project applications, including an application from the City of Lake Stevens for the Lower Stevens Creek Land acquisition project (CF23-09). On August 30, 2023, and September 25, 2023, the Advisory Board listened to project presentations, reviewed the project proposals and voted to recommend fully funding all 11 projects through the Conservation Futures Property Tax Fund, including $513,875 for the City of Lake Stevens’ Lower Stevens Creek Land acquisition project. The total amount of funding through the Conservation Futures Property Tax Fund for all 11 projects was $9,932,685.80. On December 13, 2023, the Council adopted Motion 23-409 to fully fund all 11 projects through the Conservation Futures Property Tax Fund, including the City of Lake Stevens’ Lower Stevens Creek Land acquisition project. Motion 23-409 erroneously stated that only $326,125 was afforded for the City of Lake Stevens’ Lower Stevens Creek Land acquisition project. The County and the City of Lake Stevens intend to move forward with Conservation Futures Property Tax funding in the correct amount of $513,875 for the Lower Stevens Creek Land acquisition project. Motion 23-409 erroneously included a total funding amount of $9,494,935.80, which failed to include the full amount for the Lower Lake Stevens Creek Land acquisition, as outlined above; and the $250,000 slated for the East Side Rail/Centennial Trail South project.
FISCAL IMPLICATIONS:
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DEPARTMENT FISCAL IMPACT NOTES: Click or tap here to enter text.
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OTHER DEPARTMENTAL REVIEW/COMMENTS: Reviewed/approved by: Risk Management (Sheila Barker 4/10/24) and Finance (Nathan Kennedy 4/12/24)