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AN ORDINANCE authorizing the executive to enter into an interlocal cooperation agreement for open space acquisition projects with the Vashon Park District for the Shinglemill creek acquisition project.
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STATEMENT OF FACTS:
1. Conservation futures tax levy funds are collected through King County as a dedicated portion of the property tax and are, by statute, available only for the acquisition of open space and resource lands.
2. Ordinance 13717 established a process for the annual distribution of conservation futures tax levy funds, which includes an allocation of conservation futures funds by the council through the annual budget adoption process.
3. On November 19, 2001, the King County council adopted the 2002 budget by Ordinance 14265 and allocated three hundred fifty thousand dollars in conservation futures funds to the Shinglemill creek acquisition project.
4. The county desires to disburse conservation futures funds to the Vashon Park District and must do so by executing an interlocal cooperation agreement with the park district.
5. King County is authorized to enter into an interlocal agreement with the city pursuant to chapter 39.34 RCW, the Interlocal Cooperation Act.
BE IT ORDAINED BY THE COUNCIL OF KING COUNTY:
SECTION 1. The King County executive is hereby authorized to enter into an interlocal cooperation agreement for open space acquisition projects with the Vashon
Park District, in substantially the form attached, for the Shinglemill creek acquisition project authorized under Ordinance 14265.