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Record No: CB 119460    Version: 1 Council Bill No: CB 119460
Type: Ordinance (Ord) Status: Passed
Current Controlling Legislative Body City Clerk
On agenda: 3/11/2019
Ordinance No: Ord 125786
Title: AN ORDINANCE relating to the 2008 Parks and Green Spaces Levy; utilizing the resources provided by the taxpayers within the Development Category Inflation Adjustment and the Neighborhood Parks and Playgrounds subcategory; increasing appropriations to the Department of Parks and Recreation in the 2019 Adopted Budget; and amending the 2019-2024 Adopted Capital Improvement Program; all by a three-fourths vote of the City Council.
Sponsors: Debora Juarez
Attachments: 1. Att 1 – 2008 Parks Levy Project Page Revised
Supporting documents: 1. Summary and Fiscal Note, 2. Presentation, 3. Signed Ordinance 125786, 4. Affidavit of Publication
CITY OF SEATTLE
ORDINANCE __________________
COUNCIL BILL __________________
title
AN ORDINANCE relating to the 2008 Parks and Green Spaces Levy; utilizing the resources provided by the taxpayers within the Development Category Inflation Adjustment and the Neighborhood Parks and Playgrounds subcategory; increasing appropriations to the Department of Parks and Recreation in the 2019 Adopted Budget; and amending the 2019-2024 Adopted Capital Improvement Program; all by a three-fourths vote of the City Council.
body
WHEREAS, Ordinance 122749 authorized a proposition to be submitted to Seattle's voters that would levy for up to six years regular property taxes in excess of the limitation on levies in Chapter 84.55 RCW, for the purposes of acquiring, developing, or restoring parks, recreation facilities, cultural facilities, green spaces, playfields, trails, community gardens, and shoreline areas; and
WHEREAS, the proposed 2008 Parks and Green Spaces Levy ("Parks Levy") was approved by Seattle voters on November 4, 2008; and
WHEREAS, the Parks Levy program created four major funding categories for levy funds: 1) Acquisitions, 2) Development, 3) Environment, and 4) Opportunity Fund; and
WHEREAS, the Parks and Green Spaces Levy included a $14 million inflation contingency to cover escalating costs on construction and improvement projects in future years in the Development Category; and
WHEREAS, $11,594,000 of the inflation contingency has been appropriated year to date; and
WHEREAS, Parks Levy projects have experienced inflation to date and have experienced a very challenging bid climate due to the recent economic boom; and
WHEREAS, the remaining $2,408,000 of levy inflation adjustment dollars will be used to support the remaining projects within the Development Category as intended; and
WHEREAS, it is anticipated that appropriations for the recommended projects will be included in the 2019-2024 Capital Improvement Program; NOW, THEREFORE,
BE IT ORDAINED BY THE CIT...

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