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A RESOLUTION relating to the operations and finances of the King County Flood Control Zone District; adopting a revised 2015 budget, operating budget, capital budget, six-year capital improvement program for 2015 - 2020, and subregional opportunity fund allocations; authorizing improvements; and amending Resolution FCD2014-14.3.
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WHEREAS, the King County Flood Control Zone District ("District") adopted its 2015 work program, budget, operating budget, capital budget, six-year capital improvement program, oversight budget and subregional opportunity fund allocations in Resolution FCD2014-14.3; and
WHEREAS, an annual carry-forward budget resolution is necessary to provide budget authority for unspent appropriations from the prior year and to reinstate contract encumbrances; and
WHEREAS, the carry-forward amount for unspent appropriations from 2014 to 2015 is $69,202,316; and
WHEREAS, pursuant to RCW 86.15.140, the District held a public hearing on the proposed carry-forward amount and a supplemental budget on July 13, 2015; and
WHEREAS, pursuant to RCW 86.15.110, the board of supervisors ("Board") has determined that the flood control improvements adopted by this resolution generally contribute to the objectives of the District’s comprehensive plan of development; and
WHEREAS, the Board desires to adopt amendments to the District’s 2015 budget, operating budget, capital budget, six-year capital improvement program, and subregional opportunity fund allocations; now, therefore
BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE KING COUNTY FLOOD CONTROL ZONE DISTRICT:
SECTION 1. The Board adopts a revised 2015 budget for the District, as set forth in Attachment A to this resolution, titled "2015 Reallocation Budget 7-13-15,” and amends Section 2 of FCD2014-14.3 accordingly.
SECTION 2. The Board adopts a revised 2015 operating budget for the District, applicable to King County, the District’s service provider, as set forth in Attachment B to this resolution, titled "2015 Reallocation Operating Budget 7-13-15," and amends Section 3 of FCD2014-14.3 accordingly.
SECTION 3. The Board adopts a revised 2015 capital budget for the District, consisting of the projects and expenditures, including the subregional opportunity fund, as set forth in Attachment C to this resolution, titled "2015 Reallocation Capital Budget 7-13-15," and amends Sections 4 of FCD2014-14.3 accordingly.
SECTION 4. The Board adopts a revised six-year capital improvement program for the District, as set forth in Attachment D to this resolution, titled "2015 - 2020 Reallocation Six-Year CIP 7-13-15," and amends Section 5 of FCD2014-14.3 accordingly.
SECTION 5. The Board adopts the 2015 subregional opportunity fund project list, as set forth in Attachment E to this resolution, titled "2015 Subregional Opportunity Fund Allocations," and amends Section 7 of FCD2014-14.3 accordingly.
SECTION 6. The Board adopts the 2015 Annual District Oversight Budget, as set forth in Attachment F to this resolution, titled “2015 Reallocation of Annual District Oversight Budget 7-13-15”, and amends Section 6 of FCD2014-14.3 accordingly.
SECTION 7. The Board approves a payment not to exceed $300,000 to the City of Lake Forest Park from the District’s general fund as an advance distribution of the City of Lake Forest Park’s 2015 and future Opportunity Fund allocations. The Chair of the District or designee is authorized and directed to execute an amendment to the Opportunity Fund Agreement between the District and the City of Lake Forest Park that implements this payment and advance allocation. The amendment shall protect the District’s interests, and shall include all necessary and appropriate terms and conditions, including but not limited to project description, fund use, financing costs and expenditure verification. The Director of the Water and Land Resources Division or designee shall document this advance distribution of the City of Lake Forest Park’s 2015 and future Opportunity Fund allocations in the annual budget and six-year CIP.
SECTION 8. In accordance with the interlocal agreement between the District and King County, Section 3.5, King County shall notify the District executive director in writing if the county needs to modify or reprioritize capital projects. The interlocal agreement, Section 5, provides that if King County needs to amend the annual budget or work plan, King County should prepare an amendment for the Board’s review and action by resolution. King County’s notifications to the District should include information regarding variations within project budgets of more than twenty percent in the "acquisition," "design," "construction," "contingency" and "total" expenditure categories, shown on Attachments C and D to this resolution.
SECTION 9. A. The Board authorizes the extension, enlargement, acquisition or construction of improvements, as applicable, as set forth on Attachments C, D and E of this resolution.
B. The 2006 King County Flood Hazard Management Plan ("Flood Plan"), as amended, serves as the comprehensive plan of development for flood control and floodplain management, and has been prepared for the streams or watercourses upon which the improvements will be enlarged, extended, acquired or constructed. The improvements authorized herein generally contribute to the objectives of the Flood Plan.
C. For improvements that are to be constructed, preliminary engineering studies and plans have been made, consisting of one or more of the following: the 2006 Flood Plan, as amended, preliminary feasibility analyses, conceptual designs and design manuals, and such plans and studies are on file with the county engineer.
D. Estimated costs for acquisitions and improvements together with supporting data are set forth on Attachments C, D and E.
E. The improvements set forth in Attachments C, D and E are determined to
benefit the county as a whole, as well as the zone.
SECTION 10. The Board retains all provisos contained within FCD2014-14.3.