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Record No: CB 119297    Version: Council Bill No: CB 119297
Type: Ordinance (Ord) Status: Passed
Current Controlling Legislative Body City Clerk
On agenda: 9/24/2018
Ordinance No: Ord 125678
Title: AN ORDINANCE establishing a new SODO Parking and Business Improvement Area (BIA); levying special assessments upon owners of business, multi-family residential, and mixed-use properties within the area; providing for the deposit of revenues in a special account and expenditures therefrom; providing for collection of and penalties for delinquencies; providing for the establishment of a Ratepayers Advisory Board; providing for an implementation agreement with a program manager; providing for the continuity of services and the distribution of remaining funds from the current SoDo BIA account that was established in 2013 by Ordinance 124306; and ratifying and confirming certain prior acts.
Sponsors: Bruce Harrell
Attachments: 1. Ex A – SODO Business Improvement Area
Supporting documents: 1. Summary and Fiscal Note, 2. Summary Att A - Racial Equity Toolkit Analysis, 3. SODO BIA Benefit Analysis, 4. Central Staff Memo (9/18/18), 5. Central Staff Memo (7/17/18), 6. Presentation: Introduction to Business Improvement Area (BIA) Programs (7/17/18), 7. Presentation: SODO BIA Renewal (7/17/18), 8. Signed Ordinance 125678, 9. Affidavit of Publication
Related files: RES 31823, RES 31824
CITY OF SEATTLE
ORDINANCE __________________
COUNCIL BILL __________________
title
AN ORDINANCE establishing a new SODO Parking and Business Improvement Area (BIA); levying special assessments upon owners of business, multi-family residential, and mixed-use properties within the area; providing for the deposit of revenues in a special account and expenditures therefrom; providing for collection of and penalties for delinquencies; providing for the establishment of a Ratepayers Advisory Board; providing for an implementation agreement with a program manager; providing for the continuity of services and the distribution of remaining funds from the current SoDo BIA account that was established in 2013 by Ordinance 124306; and ratifying and confirming certain prior acts.
body
WHEREAS, chapter 35.87A RCW authorizes the City to establish business improvement areas to provide special benefits to business and property owners within a defined geographic area through the imposition of special assessments; and
WHEREAS, the current SoDo Parking and Business Improvement Area (2013 SoDo BIA), which was established in 2013 by Ordinance 124306 to provide services and amenities for ratepayers paid for through a levy of special assessments, is set to expire on December 31, 2018; and
WHEREAS, the owners of business, multi-family residential, and mixed-use properties located within the area and representing at least sixty percent of the special assessments levied by this ordinance filed a petition with The City of Seattle to establish a SODO Parking and Business Improvement Area (SODO Business Improvement Area) pursuant to chapter 35.87A RCW, a copy of which is filed in Clerk File 320854; and
WHEREAS, to gauge the percentage of special assessments that were reflected in signed petitions, City staff followed RCW 35.87A.010, and calculated the dollar amount of the special assessment that each business, multi-family residential, and mixed-use property would pay, and compared the doll...

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