HomeMy WebLinkAbout22-034 Adopting a 2022 Post-Annexation Tax Restriction PolicyResolution 22-034
RESOLUTION NO. 22-034
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PORT TOWNSEND,
WASHINGTON, ADOPTING A 2022 POST -ANNEXATION TAX RESTRICTION
POLICY
WHEREAS, the City signed an agreement with Jefferson Fire Protection District No. 1
doing business as East Jefferson Fire and Rescue that describes the terms for the City's
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, Resolution 18-062 outlined a written public policy to implement the terms
of the annexation agreement and ensure transparency for levying and expending of the restricted
funds; and
WHEREAS, the desires the public to have sufficient time to comment on the City
Manager's banked capacity proposal;
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Port
Townsend as follows:
Section 1. The City Council adopts the 2022 City of Port Townsend Policy
Framework for Post -Annexation Tax Restrictions in substantially the same format as in the
attached Exhibit "A."
Section 2. The City Manager is authorized to take administrative actions consistent
with this Resolution.
ADOPTED by the City Council of the City of Port Townsend at a regular meeting thereof,
held this Pt day of August 2022.
David J,. f'b�.. ,�
Mayor
Attest: Approved as to form:
................
City Clerk l li r etiwo1
Cit Attorney Y