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Record No: CB 120193    Version: 1 Council Bill No: CB 120193
Type: Ordinance (Ord) Status: Passed
Current Controlling Legislative Body City Clerk
On agenda: 11/22/2021
Ordinance No: Ord 126476
Title: AN ORDINANCE relating to Seattle Parks and Recreation (SPR); authorizing an administrative amendment to Ordinance 115859, which established the Beach Maintenance Trust Fund (70200) as a subsidiary fund of the Shoreline Park Improvement Fund (SPIF) (33110), which fund was established by Ordinance 115496 as part of the settlement agreement with the Municipality of Metropolitan Seattle ("Metro") for the construction of the West Point and Alki secondary sewage projects, and which expired in January 2011.
Sponsors: Teresa Mosqueda
Supporting documents: 1. Summary and Fiscal Note, 2. Signed Ordinance 126476, 3. Affidavit of Publication
CITY OF SEATTLE
ORDINANCE __________________
COUNCIL BILL __________________
title
AN ORDINANCE relating to Seattle Parks and Recreation (SPR); authorizing an administrative amendment to Ordinance 115859, which established the Beach Maintenance Trust Fund (70200) as a subsidiary fund of the Shoreline Park Improvement Fund (SPIF) (33110), which fund was established by Ordinance 115496 as part of the settlement agreement with the Municipality of Metropolitan Seattle ("Metro") for the construction of the West Point and Alki secondary sewage projects, and which expired in January 2011.
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WHEREAS, Ordinance 115496 established the Shoreline Park Improvement Fund (SPIF) (33110) in January 1991 to receive $30,000,000 in local improvement funds from the Municipality of Metropolitan Seattle ("Metro") together with any accrued interest to mitigate the loss of potential shoreline recreation, access, and other unavoidable impacts at West Point; and
WHEREAS, the principal use of the fund was to enhance public use of, access to, and access along bodies of water, including the acquisition, construction, expansion, and rehabilitation of saltwater beaches; and
WHEREAS, Ordinance 115496 referenced a $2,000,000 allocation of the local improvement funds to a permanent trust fund intended to maintain beaches in their original or restored condition; and
WHEREAS, Ordinance 115859 established the Beach Maintenance Trust Fund (70200) and appropriated $2,000,000 from the Shoreline Park Improvement Fund (SPIF) (33110) to be held in permanent trust with expenditures made only from the interest earnings on the fund; and
WHEREAS, the Shoreline Park Improvement Fund (33110) was set to expire 20 years after it was established or by January 2011; and
WHEREAS, proceeds in the Shoreline Park Improvement Fund (33110) have been fully spent down; and
WHEREAS, Ordinance 125895 appropriated $325,000 from the Beach Maintenance Trust Fund (70200) to the Building For the Future budget summary level (...

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