HomeMy WebLinkAbout17-039 Expressing the City Council’s Support for Jefferson County’s Proposition 1, a Bond Measure to Levy an Additional Property Tax to Provide Funding for Very Low-Income and Low-Income HousingResolution 17-039
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RESOLUTION NO. 17-039
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PORT TOWNSEND,
WASHINGTON, EXPRESSING THE CITY COUNCIL'S SUPPORT FOR JEFFERSON
COUNTY'S PROPOSITION 1, A BALLOT MEASURE TO LEVY AN ADDITIONAL
PROPERTY TAX TO PROVIDE FUNDING FOR VERY LOW-INCOME AND LOW-
INCOME HOUSING
WHEREAS, the Jefferson County Board of Commissioners (`BoCC") adopted
Resolution 35-17 on July 31, 2017. This Resolution declared an emergency in the availability in
affordable housing in Jefferson County and submits to the voters of the County a measure
levying an additional property tax, the proceeds of which would be dedicated to providing very
low-income and low-income housing. The measure is to be placed on the November 7, 2017
General Election ballot; and,
WHEREAS, the proposition would increase the general property tax for 7 years by up to
$0.12 per $1,000 of assessed valuation, for a total General Fund tax levy not to exceed $1.80 per
$1,000 for collection in 2018 dedicated for low-income housing. Levies for collection in 2019-
2024 would be based on the levy lid lift for 2018 and subject to the limitations prescribed in
Chapter 84.55 RCW; and,
WHEREAS, the proposition would also impose an additional regular property tax for 7
years pursuant to RCW 84.52.105 of approximately $0.24 per $1,000 of assessed valuation to
generate $1,200,000 in 2018 dedicated for very low-income housing. Levies for collection in
2019-2024 would be based on the levy collection for 2018 and subject to the limitations
prescribed in Chapter 84.55 RCW; and,
WHEREAS, the proposition contemplates creating a Home Opportunity Fund. The Fund
would be managed by County staff. Use of the funds would be approved by the BoCC, with the
advice of a newly -created Home Opportunity Fund Board; and,
WHEREAS, Council concludes that supporting the County's proposal is consistent with
Objective 3 of the City's 3 -year Strategic Plan for the City, in that providing for additional
funding will help provide greater opportunities for very low- and low-income housing;
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Port
Townsend as follows:
The City Council expresses its collective support for Jefferson County's Proposition 1
being submitted to the voters at the November 7, 2017 General Election.
Resolution 17-039
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ADOPTED by the City Council of the City of Port Townsend at a regular meeting
thereof, held this 21St day of August, 2017.
Attest:
Joanna Sanders, CMC
City Clerk
15eboraI S.. nso"n'-'- w. ....................... .
Mayor
Approved as to form:
Steven L. Gross
City Attorney