Record No: CB 118302    Version: Council Bill No: CB 118302
Type: Ordinance (Ord) Status: Passed
Current Controlling Legislative Body City Clerk
On agenda: 4/27/2015
Ordinance No: Ord 124761
Title: AN ORDINANCE establishing a new University District Parking and Business Improvement Area; levying special assessments upon owners of business property, multi-family residential property, and mixed-use property 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; disestablishing the current University District Parking and Business Improvement Area that was established in 1996 by Ordinance 118412 (“1996 UDBIA”); suspending the issuance of assessments and providing for the winding up of activities under the 1996 UDBIA; and providing for the distribution of remaining funds from and closing of the 1996 UDBIA account.
Sponsors: Nick Licata
Attachments: 1. Exhibit A: Map v2
Supporting documents: 1. Fiscal Note, 2. Proposed Amendments 1-3, 3. Map Comparison of Boundary Amendments C F and G (added 4/3/15), 4. Revenue Comparison of Boundary Amendments Current BIA (added 4/3/15), 5. Revised Revenue Effects of Boundary Change Admendment (added 4/3/15), 6. Exhibit A: Map v1, 7. U District BIA - reference slides, 8. Central Staff Memo, 3-4-2015, 9. Central Staff Memo, 2-19-2015, 10. Public Hearing Notice, 11. Potential Boundary Change Options, 12. Analysis of Option A, B and C (added 3/25/15), 13. Analysis of Option D (added 3/25/15), 14. Central Staff Memo, 4-3-2015 (Amendments and Boundary Options), 15. Amendment 11 revised (added 4/3/15), 16. Boundary Amendment, Option C, 17. Boundary Amendment, Option G, 18. Boundary Amendment, Option D, 19. Boundary Amendment, Option F, 20. Revenue Effects of Boundary Change Amendments, 21. Signed Ord 124761
CITY OF SEATTLE
ORDINANCE __________________
COUNCIL BILL __________________

AN ORDINANCE establishing a new University District Parking and Business Improvement Area; levying special assessments upon owners of business property, multi-family residential property, and mixed-use property 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; disestablishing the current University District Parking and Business Improvement Area that was established in 1996 by Ordinance 118412 ("1996 UDBIA"); suspending the issuance of assessments and providing for the winding up of activities under the 1996 UDBIA; and providing for the distribution of remaining funds from and closing of the 1996 UDBIA account.

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 University District Parking and Business Improvement Area (1996 UDBIA), which was established in 1996 by Ordinance 118412 and amended by Ordinance 120304, Ordinance 122212, and Ordinance 123995 to provide services and amenities for Ratepayers paid for through a levy of special assessments, does not provide for an expiration date; and

WHEREAS, the owners of businesses, multi-family residential, and mixed-use properties located within the area and representing nearly 67 percent of the special assessments levied by this ordinance filed a petition with The City of Seattle to establish a new and expanded University District Parking and Business Improvement Area (University District BIA) pursuant to chapter 35.87A RCW, a copy of which is filed in C.F. 313953; and

WHEREAS, to gauge th...

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