MEMO TO: Members of the City Council
FROM: Mayor Angela Birney
SUBJECT:
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Authorize the Mayor to Sign a Contract with King County to Receive Funds from the King County Parks Property Tax Levy
I. RECOMMENDED ACTION
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Authorize the Mayor to Sign a Contract with King County for the Parks Property Tax Levy Agreement on the February 18, 2020 Consent Agenda
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II. DEPARTMENT CONTACTS
Carrie Hite, Parks & Recreation Director 425-556-2341
Sandy Yeager, Senior Financial Analyst - Parks CIP 425-556-2717
III. DESCRIPTION/BACKGROUND
Since 2008, the City of Redmond has received funding from King County through their six-year park levy. Between 2008-2013, Redmond received $915,000 from the King County Parks Levy. These funds were used to support the design and construction of the Redmond Bike Park and Redmond Central Connector Phase I. Between 2014 and 2019, Redmond received $1,119,000 from the King County Parks Levy. These funds were used to support the design and construction of the Redmond Central Connector Phase II and Downtown Park.
On August 6, 2019, King County voters approved Proposition No. 1 Parks Levy that authorized an additional six-year property tax levy for 2020 through 2026 at a rate of $0.1832 per $1,000 assessed value in the first year, with subsequent levies adjusted by inflation. These revenues will be used for maintaining and operating King County's open space system; improving parks, recreation, access, and mobility in the King County open space system by acquiring lands and continuing to develop regional trails; improving parks and trails in and acquiring lands by metropolitan parks districts, towns, and cities in King County; funding environmental education, maintenance, and conservation programs at the Woodland Park Zoo; finding capital construction at the Seattle Aquarium; and funding for capital improvements at publicly owned pools, for all King County residents.
The 2020-2025 Parks Levy allocates 8...
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