RES 2004-08 WATERFRONT PARK PLAN FAR RATIO FUNDSRESOLUTION NO. 2004-08
A RESOLUTION of the City of Bainbridge Island, Washington,
committing financial support for the Waterfront Park
Plan from bonus floor area ratio funds.
WHEREAS, the City Council passed Ordinance 98-11 on May 21, 1998, adopting
the Winslow Master Plan as a sub -area plan of the Comprehensive Plan; and
WHEREAS, the Winslow Master Plan includes policies that allow for the
purchase of bonus floor area ratio in the Mixed Use Town Center and High School Road
Districts, provided that a portion of the resultant funds are used to develop public
amenities that enhance the vitality and livability of Winslow; and
WHEREAS, as of this date approximately $128,000 from the purchase of bonus
floor area ratio is currently available in the public amenities sub -fund; and
WHEREAS, Waterfront Park in Winslow is an invaluable asset to the Island
community which the. City wishes to preserve and enhance; and
WHEREAS, the City. Council adopted the Waterfront Park Plan in November
1997, and that Plan is currently being updated; and
WHEREAS, the Council wishes to support the implementation of the final,
updated Waterfront Park Plan, and has determined that the use of bonus floor area ratio
funds is appropriate for this purpose;
THE CITY COUNCIL OF THE CITY OF BAINBRIDGE ISLAND,
WASHINGTON, DOES RESOLVE THAT:
Section 1. The City Council supports earmarking bonus floor area ratio funds for
future use for the Waterfront Park Plan, with the amount to be determined by the Council.
City Council Meeting
March 24, 2004
Section 2. These funds may be used as a match to grants that the City applies for
in support of the Waterfront Park Plan.
PASSED by the City Council this 24th day of March, 2004.
APPROVED by the Mayor this 25`h day of March, 2004.
ATTEST/AUTHENTICATE
USAN P. KASPER, City Clerk
FILED WITH THE CITY CLERK:
PASSED BY THE CITY COUNCIL:
RESOLUTION NO.:
City Council Meeting
March 24, 2004
Darlene Kordonowy, Mayor
March 18, 2004
March 24, 2004
2004-08