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Resolution No. 2024-11 Concerning Carbon Tax Credit Trading - Approved 091024Page 1 of 2 RESOLUTION NO. 2024-11 A RESOLUTION of the City Council of Bainbridge Island, Washington, in Opposition of Washington State Ballot Initiative No. 2117 concerning carbon tax credit trading. WHEREAS, Washington State has placed a ballot measure before the voters, and the official ballot measure title is “Initiative Measure No. 2117 concerns carbon tax credit trading” (the “Initiative”); and WHEREAS, the Office of the Secretary of State Elections Division has completed and certified signature verification for the Initiative; and WHEREAS, the Initiative is scheduled to go to the voters at the Washington General Election on November 5, 2024; and WHEREAS, the Initiative reads as follows: This measure would prohibit state agencies from imposing any type of carbon tax credit trading, including “cap and trade” or “cap and tax” programs, regardless of whether the resulting increased costs are imposed on fuel recipients or fuel suppliers. It would repeal sections of the 2021 Washington Climate Commitment Act as amended, including repealing the creation and modification of a “cap and invest” program to reduce greenhouse gas emissions by specific entities; and WHEREAS, the Initiative will decrease funding for “investment in transportation, clean air, renewable energy, conservation, and emissions-reduction” according to the public investment impact disclosure prepared by the Attorney General pursuant to RCW 29A.72.027; and WHEREAS, the Initiative will end billions in funding for Washington’s transportation infrastructure programs, jeopardizing efforts to fix roads and bridges, and reduce traffic congestion; and WHEREAS, the Initiative will end funding for the Springbrook Fish Passage Project and various non-motorized improvements to connect Lynwood Center to Winslow; and WHEREAS, RCW 42.17A.555(1) authorizes the City Council to take action to express a collective decision, or to actually vote upon a motion, proposal, or ordinance, or to support or oppose a ballot measure so long as (a) the agenda includes the title and number of the ballot proposition, and (b) members of the public and councilmembers are afforded an approximately equal opportunity to express an opposing view; and WHEREAS, consistent with the procedural mandates of RCW 42.17A.555, the City Council considered a resolution in support or opposition of the Initiative at its September 10, 2024, Regular Business Meeting, and during said meeting, the City Page 2 of 2 Council afforded members of the public and Council and approximately equal opportunity for expression of a supporting or opposing view on the Initiative; and WHEREAS, with this resolution the City Council desires to oppose the Initiative. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF BAINBRIDGE ISLAND DOES RESOLVE AS FOLLOWS: Section 1. The Bainbridge Island City Council adopts this resolution to express its official position in opposition of the Initiative concerning carbon tax credit trading. Section 2. If any one or more sections, subsections, or sentences of this resolution are held to be unconstitutional or invalid, such decision shall not affect the validity of the remaining portion of this resolution and the same shall remain in full force and effect. Section 3. This resolution shall take effect and be in force immediately upon its passage. PASSED by the City Council this 10th day of September, 2024. APPROVED by the Mayor this 10th day of September, 2024. Joe Deets, Mayor ATTEST/AUTHENTICATE: By: _____________________ Christine Brown, MMC, City Clerk FILED WITH THE CITY CLERK: September 6, 2024 PASSED BY THE CITY COUNCIL: September 10, 2024 RESOLUTION NO. 2024-11