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HomeMy WebLinkAbout2017-04 RESOLUTION fVO. 2017-04 A RESOLUTION OF THE AUBURN TRANSPORTATION BENEfIT DISTRICT ADOPTING THE 2016 ANNUAL REPORT WHEREAS; RCW 36.73.160(2) specifies that a district shall issue an annual report, indicating the status of transportation improvements cos#s, #ransportation improvement expenditures, revenues and construction schedules, to the public and to newspapers of record in the district. NOW, THEREFORE, THE BOARD OF THE AUBURN TRANSPORTATION BENEFIT DISTRICT HEREBY RESOLVES as follows: Section 1. That the Board hereby accepts the report attached hereto, marked as Exhibit "A," and designates it as the Board's 2016 Annual Report, and the Board Chairperson is authorized to issue the same as the Board's 2016 Annual Report. Section 2. That Board Chairperson is authorized to implement such administrative procedures as may be necessary to carry out the direetives of this legislation. Section 3. That this Resolution shall take effect and be in full force upon passage and signatures hereon. Dated and Signed this � day of c�--�v�u , 2017. AUBURN TRANSPORTATION , BENEFIT DISTRICT NANCY BA S, BOARD CHAIR Resolution No. 2017-04 February 15, 2017 Page 1 of 2 ATTEST: �(��2,%dC,�-�r_ � Danielle E. Daskam, Clerk of the Board APPRO ED AS TO FOR . Daniel B. Heid, District Legal unsel Resolution No. 2017-04 February 15, 2017 Page 2 of 2 AUBURN TRANSPORTATION BENEFIT DISTRICT 2016 ANNUAL REPORT (RCW 36.73.160.2) DATED FEBRUARY 22, 2017 Pursuant to RCW 36.73.160.2, the Aubum Transportation Benefit District shall issue an annual report, indicating the status of transportation improvement costs, transportation improvement expenditures, revenues, and construction schedules, to the publie and to newspapers of record in the disfrict. The Auburn Transportation Benefit District was formed on September 19, 2011 with the passage of Ordinance No. 6377 by the Auburn City Council. The Auburn Transportation Benefit District was established in aecordance with the statutory provisions of RCW 36.73 (Transportation Benefit Dist�icts). Subsequent to its formation the Auburn Transportation Benefit District Board has not, through its own authority or through voter approval, implemented a funding mechanism(s) to make or fund transportation improvements necessitated by economic development and to improve the perFormance of the transportation system within the geographic boundaries of the District. Subsequent to the formation of the Auburn Transportation Benefit District and prior to December 2016, the Auburn Transportation Benefit District Board had not enacted a fee or tax autho�ized pursuant to RCW 36.74 (Transportation Benefit Districts). Therefore, and. because throughout the majority of 2016 there was no funding source in place, the Auburn Transportation Benefit District does not have any substantive report for the calendar year 2016 for the status of transportation improyement costs, transportation improvement expenditures, revenues and construction schedules. On December 13, 2016, the Auburn Transportation Benefit District adopted Resolution No. 2016-01 approving a $20.00 vehicle license fee pursuant to RCW 36.73.065. Revenue collection from this fee will occur in mid-to-late 2017. Revenues from this fee will be dedicated for the purposes of on-going transportation improvements that preserve, maintain and as appropriate, construct or reconstruct the transportation infrastructure within the boundaries of the Auburn Transportation Benefit District� The utilization of this fee for transportation improvements within the boundaries of the District will be substantively reported in future annual reports beginning in 2017. Following Board acceptance of this Annual Report, it shall be made available to the public and to newspapers of record within the Distriet.