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HomeMy WebLinkAbout3024ORDINANCE NO. 3024 AN ORDINANCE of the City of Port Angeles, Washington, establishing the Electric Utility Rural Economic Development Revolving Fund, designating the Economic Development Steering Committee to serve as the Board of Directors to oversee and direct the activities of said fund, and amending Ordinances 2890 and 2982 and Chapters 2.66 and 3.15 of the Port Angeles Municipal Code. WHEREAS, pursuant to RCW 35.21.703, the state legislature has declared it a public purpose for cities to engage in economic development programs; and WHEREAS, the City of Port Angeles has established the Economic Development and Port Angeles Works Funds to support an economic development program for the City; and WHEREAS, the City of Port Angeles has established an Economic Development Steering Committee to make recommendations to the City Council on matters related to economic development opportunities; and WHEREAS, the State Legislature has adopted ESHB 2260, which allows public electric utilities to receive a utility excise tax refund for the utilization of electric utility funds to promote economic development in rural areas, providing that a revolving fund and a local board are established for the administration of said funds; NOW, THEREFORE, the City Council of the City of Port Angeles does hereby ordain as follows: Section 1. Ordinance 2890 and Chapter 3.15 of the Port Angeles Municipal Code are hereby amended by adopting PAMC 3.15.017 to read as follows: 3.15.017 Electric Utility Rural Economic Development Revolving Fund Created. There is hereby established in the City Treasury a fund for the fiscal administration and accounting of revenue appropriated by the City Council from the Lighting Fund for economic development activities to be overseen and directed by the Economic Development Steering Committee. Said fund shall be entitled "Electric Utility Rural Economic Development Revolving Fund No. 150" and shall -1- be administered consistent with the requirements of Chapter 82.16 RCW. Section 2. Ordinance 2982 and Chapter 2.66 of the Port Angeles Municipal Code are hereby amended by amending PAMC 2.66.030 and by adopting PAMC 2.66.060 to read as follows: 2.66.030 - Membership. A. Composition. The Economic Development Steering Committee shall be omposed of the following nine members: 1. Three City Council members. 2. Five members who are residents of the City or representatives of businesses within the City. 3. One member who is a representative of the Port of Port Angeles. 4. At least three of the nine members shall represent local businesses and community groups. B. Terms. 1. The term of office of the five lay members shall be one three years.- , provided that initially the appointments shall be staggered so that two members are appointed for three year terms, two members are appointed for two year terms, and one member is appointed for a one year term. 2. Members may be appointed by the City Council for successive terms. 3. Appointments to fill in unexpired terms shall be only for the remainder of that term, after which a reappointment may be made. (Ord. 2982 (part), 3/13/98) 2.66.060 - Electric Utility Rural Economic Development Oversight Responsibility. The Committee shall have the authority and responsibility to oversee and direct the activities, and to serve as the Board of Directors, of the Electric Utility Rural Economic Development Revolving Fund as set forth in PAMC 3.15.017 and Chapter 82.16 RCW. The Committee shall have the authority and responsibility to determine all criteria and conditions for the expenditure of funds from the Electric Utility Rural Economic Development Revolving Fund and for the terms and conditions of repayment. Section 3 - Effective Date. This Ordinance shall take effect five days after the date of publication. 2 PASSED by the City Council of the City of Port Angeles at a regular meeting of said ouncil held on the 7th . day of September , 1999. ATTEST: Becky J. Upton, City Clerk APPROVED AS TO FORM: Craig D. Knutson, City Attorney PUBLISHED: September 12, 1999 By Summary 99.13 3 Summary of Ordinance Adopted by the Port Angeles City Council on September 7, 1999 Ordinance No. 3024 This Ordinance of the City of Port Angeles, Washington, establishes the Electric Utility Rural Economic Development Revolving Fund, designates the Economic Development Steering Committee to serve as the Board of Directors to oversee and direct the activities of said fund, changes the length of terms of the members of the Economic Development Steering Committee, and amends Ordinances 2890 and 2982 and Chapters 2.66 and 3.15 of the Port Angeles Municipal Code. The full text of the Ordinance is available at City Hall in the City Clerk's office or will be mailed upon request. Office hours are Monday through Friday from 8:00 a.m. to 5:00 p.m. This Ordinance shall take effect five days after the date of publication of this summary. Becky J. Upton City Clerk Publish: September 12, 1999