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The City of Seattle
Ordinance
Council Bill
title
An ordinance relating to the Ballard Business Improvement Area; amending Section 6 of Ordinance 126911 to clarify provisions on assessment escalations.
body
Recitals:
In June 2016, ratepayers representing 60 percent of the total assessments expressed their support by petition to establish a new Ballard Improvement Area.
On September 19, 2023, the City Council passed Ordinance 126911, which established an expanded Ballard Business Improvement Area.
The Ballard Business Improvement Area has levied the special assessment on property owners since first created in 2016.
Ordinance 126911 contains language in subsection 6.E.2.b around assessment installments and annual increments, that is subject to conflicting interpretations.
It is the intent of this ordinance to remedy the ambiguity to ensure consistent and equitable application of the inflation adjustment factor across all ratepayer classifications.
The Ballard Business Improvement Area ratepayers requested a technical amendment to clarify the inflationary clause. Therefore,
Be it ordained by The City of Seattle as follows:
Section 1. Section 6 of Ordinance 126911 is amended as follows:
Section 6. Levy of special assessments. To finance the programs authorized in Section 5 of this ordinance and as described in the Ballard Alliance Renewal and Business Plan, a 12-year special assessment shall be levied upon and collected from all owners of commercial property, multifamily residential property (buildings containing four or more residential units), and mixed-use property (multifamily residential and commercial) located within the boundaries of the Ballard Improvement Area (BIA) described in Section 4 of this ordinance and shown in Attachment A to this ordinance. Initial assessment calculations will be based on property information from the King County ...
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