Resolution 1284A RESOLUTION OF THE CITY COUNCIL OF THE CITY 0
EDMONDS, WASHINGTON, INITIATING A PROPOSAL FO
A BUSINESS IMPROVEMENT DISTRICT WITHIN
PORTION OF THE CITY OF EDMONDS. 11
WHEREAS, a petition has been circulated to form a business improvement
district within the City of Edmonds downtown area gathering signatures from persons who
operate businesses in the proposed area which would pay sixty percent of the total proposed
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WHEREAS, after initiating a business improvement area by resolution, the city
ocu-icil -it w-v a second resolution of intention to establish a business improvement area; and
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improvement area; now therefore,
THE CITY COUNCIL OF THE CITY OF EDMONDS, WASHINGTON,
HEREBY RESOLVES AS FOLLOWS:
Sbgfign 1�- INITIATION OF BU�INESS IMP A proposed business
improvement area is initiated within the area shown on the map attached as Attachment A hereto,
which is incorporated herein as if set forth in full. The proposed business improvement area
includes the parcels with the tax ID numbers set forth in Attachment B hereto, which is
incorporated herein as if set forth in full.
Section 2. PROPOSED USES AND PROJECTSThe proposed special assessment revenues
would be put to the followings uses and projects:
A. Marketing & Hospitality
a. Maps/Brochures/Kiosks/Directories
b. Web Site
d. Marketing/Advertising Campaigns
e. Holiday Decorations
f. Street Performers/Artists
g. Historic Education/Heritage Advocacy
h. Special Public Events
a. Maintenance
b. Security
c. Pedestrian Environment Enhancements
I", I MW Im
a. Design Enhancements
b. Neighborhood Advocacy & Communication
c. Streetscapes/Lighting/Furniture
D. Transportation
a. Transportation Alternatives
b. Directional Signage
c. Parking Management & Mitigation
E. Business Recruitment & Retention
a. Education/Seminars
b. Market Research
c. Business Recruitment
F. Organization
a. Contract Staff & Professional Services
Section 3. ESTIMATED RATE OF LEVY. It is proposed that businesses within the BID would
pay special assessments. The proposed assessments would not apply to residential property or the
residential portion of mixed use property within the BID. The proposed special assessments
would be based on the type of business multiplied by the square footage of a business. For
special assessment purposes, there would be two business typesi "open door" businesses
(restaurants, retailers, banks, etc.). and "by appointment" businesses (hair salons, doctors,
lawyers, nail salons, insurance providers, counselors, financial advisors, and others). Open door
businesses would be assessed at a higher rate than the "by appointment" service and professional
businesses. The table below shows the annual proposed special assessment levy rate for both
categories of businesses based On their square footage within the business improvement area:
Square footage Assessment for Assessment for
"Open Door" "By Appointment"
$90 quarter ($30 per month) $3 0 quarter ($ 10 per month)
.. . .........
$105 quarter ($35 per month) $45 quarter ($15 per onth)
$120 quarter ($40 per month) $60 quarter ($20 per month)
$13 5 quarter ($45 per month) $75 quarter ($25 per month)
- ---- -- -- -
5000 and over $150 quarter ($50 per month) $90 quarter ($30 per month)
Section 4. ESTIMATED BUDGET. Based on the proposed special assessment and existin
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The Edmonds Downtown BID committee anticipates that expenditures on proposed uses ani
projects referenced in Section 2 of this resolution will equate to revenue generated.
MAYOR, DAVID 0. EARLING
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FILED WITH THE CITY CLERK: 1 1�21�WtZ
PASSED BY THE CITY COUNCIL:
RESOLUTION NO. 1284
4851-5533-38984 v. I
R,. M .
Downtown Business ImprovementDistrict
Edmonds, WA
Ity of Edmonds
11120 August 2011
Parcel Is Associated with Edmonds Downtown Business Improvement District
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