Resolution 1030NO. 1030
A Resolution opposing Initiative 776
WHEREAS, The voters in King, Pierce, and Snohomish Counties voted to impose a Motor Vehicle Excise Tax (MVET) of
up to 0.8% to support the creation of the Sound Transit regional transit authority; and
WHEREAS, Douglas, King, Pierce, and Snohomish Counties have by statue imposed an optional $15 local option vehicle
license fee, a portion of which is distributed to the City of Edmonds to be used solely for transportation
purposes; and
WHEREAS, Initiative 776 takes away local voter control by having voters in all of Washington's 39 counties repeal the
above -mentioned funds that were approved locally in four counties; and
WHEREAS, the loss of the revenues voted in by the voters in King, Pierce, and Snohomish Counties will significantly
impact the transportation system in the Puget Sound area including Sound Transit, the Washington State
Ferry system, and the local communities' street capital and maintenance programs; and
WHEREAS, Initiative 776 will significantly impact the City of Edmonds with the loss of approximately $350,000 per year,
which is used for the city's transportation capital fund, including street overlays, and leads to a potential
$2,100,000 negative cash balance in our adopted six -year capital improvement program; and
WHEREAS, the impact on the City of Edmonds' street overlay program results in over a $1,000,000 cut in street overlays,
which leads to a 53-year replacement cycle rather than the current 30-year cycle; and
WHEREAS, the impact on the city's walkway and bikeway projects would be over $600,000 over six years.
NOW, THEREFORE BE IT RESOLVED, that the Mayor and Cit Council oppose Initiative 776.
Passed, (Approved, and Adopted this 29th day of October
C, A . t '1
, Mayor
nkett, Cou
t/�2 ---
Deanna Dawson, Councilmember
Jeff it �Coun cilmember
Attest: City Clerk
President
ncil
ic(ad�d\1L.Marlin, C un'cbe
Dave Orvis, Counc' ember
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