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TBD_RES_NO_2013_01TBD RESOLUTION NO. 2013 -01 (FORMERLY 2012 -03) A RESOLUTION of the Bainbridge Island Transportation Benefit District approving a $20 dollar vehicle license fee pursuant to RCW 36.73.065. WHEREAS, the City of Bainbridge Island (the "City ") established a transportation benefit district as authorized by RCW 35.21.225 and subject to the provisions of RCW 36.73; and WHEREAS, RCW 36.73.065 authorizes a transportation benefit district to impose, by majority vote of the district's governing board, up to a $20 vehicle fee authorized in RCW 82.80.140; and WHEREAS, in accordance with RCW 82.80.140, the new vehicle license fee may not be collected until six months after approval of this action by the governing board; and WHEREAS, the Board of the Bainbridge Island Transportation Benefit District (the "District ") finds it to be in the best interest of the District to establish an annual vehicle fee in the amount of $20 for the purpose of preserving, maintaining, operating, constructing or reconstructing the transportation infrastructure of the City and funding transportation improvements within the District that are consistent with existing state, regional or local transportation plans necessitated by existing or reasonably foreseeable congestion levels; now, therefore, THE BAINBRIDGE ISLAND TRANSPORTATION BENEFIT DISTRICT DOES RESOLVE AS FOLLOWS: Section 1. An annual vehicle fee in the amount of $20 is hereby established; consistent with RCW 36.73.065(4)(a)(i), to be collected by the Washington Department of Licensing on qualifying vehicles as set forth in RCW 82.80.140 and chapters 36.73 and 46.16 RCW. Section 2. The vehicle license fee shall take effect for notices mailed in 2013 for vehicle license renewals due as soon thereafter as the Washington Department of Licensing is reasonably able to incorporate collection of the $20 fee. Vehicle license fees will not be collected sooner than six months after approval as provided in RCW 82.80.140(4), Section 3. The revenues received from the $20 vehicle license fee shall only be expended on transportation projects approved by the Board of the District. The transportation projects to be funded with the revenues from the vehicle license fee shall be established by a separate resolution of the Board of the District. 11 PASSED by the Bainbridge Island Transportation Benefit District this 9`' day of January, 2013. APPROVED by the Chair this 91" day of January, 2013. By: ATTEST1AUTI?ENTICA TE: 'RI ilr.., oa.« '. ii fi g, =,: tL�- �w�w'. Rosalind D. Lassoff, Clerk of tA District FILED WITH THE CITY CLERK: October 11, 2012 PASSED BY THE BAINBRIDGE ISLAND TRANSPORTATION BENEFIT DISTRICT: January 9, 2013 T-BD- RES4EU-T-ION NO. 2013-01--(FORMERLY 2042 =03) - - -- 2