HomeMy WebLinkAbout011022ca02 JEFFERSON COUNTY
BOARD OF COUNTY COMMISSIONERS
CONSENT AGENDA REQUEST
TO: Board of County Commissioners
FROM: Mark McCauley,Interim County Administrator
DATE: January 10, 2022
SUBJECT: Request for Board of County Commissioners approval of a public hearing
notice to consider a proposed ordinance inactivating Fund 202-000-030-Road
Improvement Bonds and Fund 602-000-010—Road Improvement Guaranty Fund
STATEMENT OF ISSUE: On January 22, 2001,the Board of County Commissioners voted
unanimously to create Fund 602-000-010—Road Improvement Guaranty Fund. The fund was required in
conjunction with the creation of Road Improvement District No. 4 and the sale of bonds to finance related
road improvements. Five thousand($5,000)was deposited into the fund upon its creation. The fund's
purpose was to help make bond payments to avoid a default in the event one or more property owners
failed to make required payments. The bonds have since been retired eliminating the need for the Road
Improvement Guaranty Fund.
ANALYSIS: RCW 35.54.095 authorizes the transfer funds of this nature to the General Fund, by
ordinance, once the County Treasurer certifies there is no longer a need for these funds to help service the
related debt. The County Treasurer, Stacie Prada, has so certified—please see the attached memo.
The attached proposed ordinance directs the inactivation of Fund 202—Road Improvement Bonds and
Fund 602-000-010—Road Improvement Guaranty Fund and directs that the cash in these funds be
transferred to the General Fund.
A public hearing notice announcing the county's intent to consider the proposed ordinance is also
attached.
FISCAL IMPACT: This request has no fiscal impact.
RECOMMENDATION: That the Board of County Commissioners approve the attached public hearing
notice announcing its intent to consider an ordinance inactivating Fund 602-000-010—Road
Improvement Guaranty Fund.
REVI D Y•i4
Mark McCaul y nterim County Admi strator D e
Publish in Legal Newspaper twice: January 12 and January 19, 2022.
Bill: Jefferson County
County Administrator
P.O. Box 1220
Port Townsend,WA 98368
NOTICE OF PUBLIC HEARING
JEFFERSON COUNTY WILL CONSIDER AN ORDINANCE INACTIVATING
FUND 202-000-030—ROAD IMPROVEMENT BONDS AND FUND 602-000-010—ROAD
IMPROVEMENT GUARANTY FUND
NOTICE IS HEREBY GIVEN that a public hearing is scheduled by the Jefferson County
Board of Commissioners for MONDAY, January 24, 2022 at 10:30 a.m. in the Commissioners'
Chambers, County Courthouse, 1820 Jefferson Street, Port Townsend, WA 98368 for the
purpose of taking public testimony regarding a proposed ordinance, attached, inactivating
Fund 602-000-010— Road Improvement Guaranty Fund. (NOTE: No In-Person Attendance
Allowed(Per Jefferson County RESOLUTION No. 45-21)), and said notice of said hearing be
published in the official newspaper of Jefferson County, and that at said hearing any interested
person may appear virtually and be heard for or against the Ordinance. To view documents,go to
hups://test.co.j efferson.wa.us/WebLinkExternal/O/doc/3366052/F'agel.aspx
To participate/provide testimony, you will need to join the meeting by 10:30 a.m. To participate via
Zoom, click on https://zoom.us/j/93777841705. To participate/provide testimony via telephone dial
1-253-215-8782 and enter access code: 937-7784-1705#by 10:30 a.m. To view this meeting live
with no participation, go to www.co jefferson.wa.us Follow the links under "Quick Links: Videos of
Meetings: Today. "Access for the hearing impaired and others can be accommodated using Washington
Relay Service at 1-800-833-6384.
On January 22, 2001, the Board of County Commissioners voted unanimously to create Fund 602-
000-010—Road Improvement Guaranty Fund. The fund was required in conjunction with the
creation of Road Improvement District No. 4 and the sale of bonds to finance related road
improvements. Five thousand($5,000)was deposited into the fund upon its creation. The fund's
purpose was to help make bond payments to avoid a default in the event one or more property
owners failed to make required payments. The bonds have since been retired eliminating the need for
the Road Improvement Guaranty Fund.
Similarly, the Board established Fund 202-000-030 to account for funds associated with Road
Improvement District#1 and a related financing bond. This fund is inactive and no longer needed.
RCW 35.54.095 authorizes the transfer funds of this nature to the General Fund, by ordinance,
once the County Treasurer certifies there is no longer a need for these funds to help service the
related debt.
In addition, written testimony is also invited beginning on January 12, 2022 and ending on
January 24, 2022 at the end of the Public Hearing, unless extended by the Board of County
Commissioners. Written public testimony may be submitted by Email to:
jeffbocc@,co.iefferson.wa.us; or by Mail to: Jefferson County Commissioners' Office; PO
Box 1220, Port Townsend, WA 98368. Testimony must be received by the Board of County
Commissioners by the end of the hearing public comment period.
For additional information contact Mark McCauley, Jefferson County Interim County
Administrator, 1820 Jefferson Street, Port Townsend, WA 98368, 360-385-9130, or email
mmccauley@co.jefferson.wa.us.
jefferson.wa.us.
JEFFERSON COUNTY
BOARD OF COMMISSIONERS
Heidi Eisenhour, Chair
Date
JEFFERSON COUNTY
STATE OF WASHINGTON
IN THE MATTER OF INACTIVATING } ORDINANCE NO.
FUND 202-000-030—ROAD IMPROVEMENT }
BOND FUND AND FUND 602-000-010 - }
ROAD IMPROVEMENT GUARANTY FUND }
WHEREAS, Jefferson County on January 22, 2001, through a unanimous vote of the Board of County
Commissioners, created a Road Improvement Guaranty Fund, Fund 602-000-010; and
WHEREAS, the Road Improvement Guaranty Fund, Fund 602-000-010, was created in conjunction
with the creation of Road Improvement District (RID)No. 4; and
WHEREAS, $5,000 was deposited into the fund so that if a property owner didn't make a required
payment the County had a source of funds with which to make the payment and avoid a default on bonds sold
to fund the related road improvements; and
WHEREAS, the bonds related to the RID No. 4 road improvements have been retired eliminating the
need for the Road Improvement Guaranty Fund; and
WHEREAS, Road Improvement Bonds Fund, Fund 202-000-030 was created in conjunction with Road
Improvement District No. 1 and related road improvement bond; and
WHEREAS, this fund is no longer needed, either; and
WHEREAS, funds of this nature, when no longer needed for their original purpose as certified by the
County Treasurer, may be transferred to the General Fund (per RCW 35.54.095); and
WHEREAS, the County Treasurer has so certified;
NOW, THEREFORE, BE IT RESOLVED that the Jefferson County Board of Commissioners hereby
directs the Jefferson County Auditor to inactivate Fund 202-000-030—Road Improvement Bonds and Fund
602-000-010—Road Improvement Guaranty Fund and further directs that the County Treasurer transfer the
cash in both funds to the General Fund.
APPROVED this day of , 2022.
JEFFERSON COUNTY
BOARD OF COMMISSIONERS
SEAL:
Heidi Eisenhour, Chair
ATTEST:
Kate Dean, Member
Carolyn Gallaway,
Clerk of the Board Greg Brotherton, Member