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HomeMy WebLinkAbout5877RESOLUTION NO. 5877 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AUBURN, WASHINGTON, AUTHORIZING THE MAYOR TO EXECUTE AN AGREEMENT BETWEEN THE CITY OF AUBURN AND KING COUNTY FOR THE 2026-2031 PARKS PROPERTY TAX LEVY ALLOCATION WHEREAS, the King County Council approved Ordinance 19922 in April 2025 authorizing the placement of a property tax levy to finance King County parks operations and maintenance, park property acquisition, and park property and trail improvements, including distribution of funding to cities within King County for said purposes, in the amount of $0.2329 per $1,000 of assessed value, with escalators as outlined in said Ordinance 19922; and, WHEREAS, on August 5, 2025, King County Voters approved ballot measure Proposition 1 to renew the King County Parks Levy for another six years starting January 1, 2026; and, WHEREAS, King County requires each city in King County to approve and sign a Parks Property Tax Levy Agreement, the approval of which authorizes King County to distribute property tax levy funding to the City of Auburn and obligates the City to make specific annual reports to King County regarding the use of said property tax levy funds; and, WHEREAS, the estimated distribution to the City of Auburn in 2026 is $934,963.00, which will be deposited into the Parks Construction Fund (Fund No. 321). This estimated distribution is based on forecasting and factors such as actual levy collection, changes in assessed home values, population changes, etc. will adjust this estimate. A similar Resolution No. 5877 November 24, 2025 Page 1 of 2 Rev. 2024 distribution will take place annually through 2031; the City is estimated to receive $5,609,780 in direct pass -through funding over the entire levy. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF AUBURN, WASHINGTON, RESOLVES as follows: Section 1. The Mayor is authorized to execute an Agreement between the City and King County, which agreement will be in substantial conformity with the agreement attached hereto. Section 2. The Mayor is authorized to implement those administrative procedures necessary to carry out the directives of this Resolution. Section 3. This Resolution will take effect and be in full force on passage and signatures. Dated and Signed this 15t" day of December, 2025. Shawn Campbell, MMC, City Clerk Resolution No. 5877 November 24, 2025 Page 2 of 2 CITY OF AUBURN bQA� NANCY BA US, MAYOR on Whalen, City Attorney Rev. 2024 Docusign Envelope ID: 17580B04-B553-4FC5-9820-1255C21CB8FE Docusign Envelope ID: 17580B04-B553-4FC5-9820-1255C21CB8FE Docusign Envelope ID: 17580B04-B553-4FC5-9820-1255C21CB8FE Docusign Envelope ID: 17580B04-B553-4FC5-9820-1255C21CB8FE Docusign Envelope ID: 17580B04-B553-4FC5-9820-1255C21CB8FE Docusign Envelope ID: 17580B04-B553-4FC5-9820-1255C21CB8FE Docusign Envelope ID: 17580B04-B553-4FC5-9820-1255C21CB8FE Mayor 12/23/2025 | 12:37 PM PST12/23/2025 | 1:38 PM PST Parks and Recreation Division Director