RESOLUTION NO. 3626
A RESOLU'VION   of the Port Co~nmissionof the Port of Seattle removing the
Port of Seattle as a participating taxing district in the Cities
of Auburn, Bellevuc, Fedcral Way and Renton's proposed
Revitalization Area (s)
WIIEREAS, the Washington State Legislature enacted Chapter 270, Laws of 2009 (the "Act"),
which permits eligible local governments to create revilalization areas and allows them to use certain
increases in local property tax revenues generated from within the revitalization area, including those
otherwise accruing to other taxing districts with jurisdiction over the revitalization area, to repay bonds
issued to I'inance local public improvements within thc revitalization arca; and

WI.IERI;AS: on June 26, 2009, the City 01'Bcllcvuc nolificd the I'ort of Seattle (the "Port") that it
intends to declare a revitalization area under thc Act; and

WI-lBREAS, on July 8, 2009. the City of Auburn notified the Port that it intends to dcclare a
revitalization area under thc Act; and

WI-IIIREAS,on July 10,2009, the City of Renton notified the Port that it intends to consider
establishing two revitalization areas under the Act; and

W1-IEREAS, on July 13, 2009, the City of Federal Way notified the Port that it intends to declare a
rcvitalization area under the Act; and

WHEREAS, the notices from the City of Auburn aiiri the City of Bcllevue, each informed the Port
of its right under the Act to opt out of the use of its property tax rcvenues for the local revitalization
financing of public improvements in the rcvitalization area proposed by the City of Auburn and the City
oSBcllevuc by adopting a resolution to that cffect and delivering notice of the I'ort's decision to opt out
as a participating taxing district in the local revitalization area to the City of Auburn dl?d tfic City of
Bellevue, together with a copy of the resolution, prior to August 3, 2009.

WHEREAS, the notice from the City of Federal Way informed the Port that the earliest possible
date for City Council adoption of the proposed Coinmuility Revitalization Area would be August 4,
2009.
WIIF.I

            

                
Limitations of Translatable Documents
                

                    PDF files are created with text and images are placed at an exact position on a page of a fixed size.
                
                

                    Web pages are fluid in nature, and the exact positioning of PDF text creates presentation problems.
                
                

                    PDFs that are full page graphics, or scanned pages are generally unable to be made accessible,  In these cases, viewing whatever plain text could be extracted is the only alternative.