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HomeMy WebLinkAbout18-062 Adopting a Post-Annexation Tax Restriction PolicyResolution 18-062 RESOLUTION NO. 18-062 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PORT TOWNSEND, WASHINGTON, ADOPTING A POST -ANNEXATION TAX RESTRICTION POLICY WHEREAS, the City has signed an agreement with Jefferson Fire Protection District No. doing business as East Jefferson Fire and Rescue that describes the terms for the City's potential annexation into the District; and WHEREAS, the annexation agreement restricts the ability of the City to levy property tax in the amount up to $908,000 for five years following the annexation vote to certain amounts and for specific purposes; and WHEREAS, the City desires written policy to implement the terms of the annexation agreement and to ensure the transparency of the process for levying and expending the restricted funds, NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Port Townsend as follows: Sectionmm 1, The City Council adopts the City of Port Townsend Policy Framework for Post -Annexation Tax Restrictions in substantially the same format as in the attached Exhibit «A .93 Section 2. The City Manager is authorized to take administrative actions consistent with this Resolution. Section 3. This Resolution takes effect upon the certification of a successful annexation vote between the City of Port Townsend and the Jefferson Fire Protection District No. 1 doing business as East Jefferson Fire and Rescue. ADOPTED by the City Council of the City of Port Townsend at a regular meeting thereof, held this 3rd day of December 2018. ccnai S Stnsor�'......: Mayor Attest.* Joanna Sanders, MMC City Clerk Approved as to form: 1lei di Clrcenwood City Attorney Resolution 18-062 Exhibit A Page I of 2 EXHIBIT A Policy Framework for Post Annexation Tax Restrictions Per ArmexatioelAgreement Between City of Port Townsend and East Jefferson Fire and Rescue: $908,000 Eligible General City Levy Post Annexation is Subject to the following policy per Council Resolution 18-052. Eligible Uses are defined and must be contained in the following Council approved plans: • Transportation Functional Plan (Non-federal Aid Only) http//weblipk,.cmityofpt.its/weblislk8/1 toaws uaspx?dbid=0&StartID=113793W • Non -Motorized Transportation Functional Plan (Capital Only) 11µap://weblitik. ilwt)t.a;ls/\yeblitik8/Bi-owsemas1�`. ' _ t1l � 113798 • Parks and Recreation Functional Plan (Capital Only) ht t/weblink.cityof t.us/weblink8/Browse.aspxm?StartID=113795 • Utility Tax Relief (Parks Maintenance 2% Only) - Ordinance 3199 htt s://weblink.cityofpt qs/µel l,ir /0/doc/167981/Pagelm.aspx • Contributions to the City Housing Trust Fund— Ordinance 3059 .�P fl it eft, r �nicc c a 1 l is tl la er. h a1emW iid 4&clip i 7 t.. 1 _` �34� Schedule of Implementation • 2019 (Not Applicable) • 2020 ($0 Allowed) • 2021 (Up to 33% of $908,000 = $299,640 Allowed, but Restricted) • 2022 (Up to 66% of $908,000 = $599,280 Allowed, but Restricted) • 2023 (Up to 100% of $908,000 = $908,000 Allowed, but Restricted) • 2024 and thereafter (Up to 100% of $908,000 = $908,000 Allowed with No Restrictions) Public Process Annual Review and Public Hearing Starting in 2020, the City Manager will submit a plan for any use of the allowed $908,000 Property Tax Capacity by June of the current year for the next fiscal year. The plan should include the project's reference to the allowed eligible uses pursuant to the approved Eligible Uses as identified above. The City Council will conduct a workshop on the proposal and make any modifications to the City Manager's recommendation before noticing a public hearing as required above. Resolution 18-062 Exhibit A Page 2 of 2 Public Notice shall be given by publishing a notice of hearing. The notice shall be published in the newspaper of record on the same day for two consecutive weeks no sooner than in June or later than July of each year starting in 2021 and ending in 2024. The City Council shall approve, reject or modify the propose inclusion and use of the allowed post annexation property tax capacity to be included in the City Manager's proposed budget for the following year. During the years 2021 through 2023, the City Council shall disclose and report the Post Levy Annexation amount that is to be included in the City's Total Property Tax Levy request in the same manner as a special purpose levy.