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RES 2015-17 ASSUMING THE TBD AND SCHEDULING A PUBLIC HEARINGCITY OF BAINBRIDGE ISLAND WASHINGTON RESOLUTION NO. 2015-17 A RESOLUTION OF THE CITY OF BAINBRIDGE ISLAND, WASHINGTON, DECLARING THE CITY'S INTENTION TO ASSUME THE BAINBRIDGE ISLAND TRANSPORTATION BENEFIT DISTRICT AND SETTING A PUBLIC HEARING REGARDING THE SAME WHEREAS, the City of Bainbridge Island has the responsibility for the improvement, maintenance, protection and operation of public streets and ways within the corporate limits of the City; and WHEREAS, on August 22, 2012, the City Council adopted Ordinance No. 2012-14 establishing a city-wide transportation benefit district pursuant to Chapter 36.73 RCW for the improvement, preservation, maintenance and operation of the City's transportation infrastructure, to reduce the risk of transportation facility failure, to improve safety, to avoid more expensive infrastructure replacements in the future, and to reduce congestion or stem the expected increase in congestion created by failing roads ("Bainbridge Island Transportation Benefit District" or "the TBD"); and WHEREAS, on July 1, 2015, the State Legislature passed Second Engrossed Substitute Senate Bill 5987, amending Chapter 36.73 RCW and authorizing cities to assume the rights, powers, functions, and obligations of transportation benefit districts with the same boundaries as the establishing city; and WHEREAS, the City Council believes that the public interest and welfare will be satisfied by the City assuming the rights, powers, immunities, functions, and obligations of the TBD and hereby declares its intent to do the same; and WHEREAS, the new legislation requires that the City Council declare its intent to and subsequently hold a public hearing to consider the proposed assumption of the rights, powers, functions, and obligations of the TBD; NOW, THEREFORE, the City Council of the City of Bainbridge Island, Washington, do resolve as follows: Section 1. Intent to Hold Public Dearing. The City Council of the City of Bainbridge Island will hold a public hearing at 7:00 PM in City Hall Council Chambers, to consider the City's proposed assumption of the rights, powers, immunities, functions, and obligations of the Bainbridge Island Transportation Benefit District, and all persons interested may appear and be heard. Section 2. Publication. This Resolution shall be published at least two times during the two weeks preceding the scheduled hearing in newspapers of daily general circulation printed or published in the City. PASSSED BY THE CITY COUNCIL AT A REGULAR MEETING THEREOF ON THE 6TH DAY OF OCTOBER, 2015. ATTEST/AUTHENTICATED: s ,V �- Rosalind D. Lassoff, Ci y Clerk FILED WITH THE CITY CLERK: PASSED BY THE CITY COUNCIL: DATE OF PUBLICATION: RESOLUTION NO.: CITY OF BAINBRIDGE ISLAND -" L r - Anne S. Blair, Mayor September 29, 2015 October 6, 2015 October 9, 16 and 23, 2015 2015-17 -2-