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Partnerships & Local Improvement District July 2017

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Page 1: Partnerships & Local Improvement Districtwsg.washington.edu/wacoast/meetings/2017-07-July/Curtis... · 2017-07-24 · Partnerships Public • City Departments –Office of the Waterfront

Partnerships & Local Improvement DistrictJuly 2017

Page 2: Partnerships & Local Improvement Districtwsg.washington.edu/wacoast/meetings/2017-07-July/Curtis... · 2017-07-24 · Partnerships Public • City Departments –Office of the Waterfront

Partnerships

Public• CityDepartments

– OfficeoftheWaterfront– SDOT– Parks– SPU/CityLight

• WSDOT• PortofSeattle• Tribes• KingCountyMetro• GonzagaUniversity

Private/Non-Profit• CentralWaterfrontCommittee• FriendsofWaterfrontSeattle• SeattleAquarium• PikePlaceMarket• HistoricPierOwners• DowntownSeattleAssociation• BOMA• ChamberofCommerce• SeattleParksFoundation• DevelopmentCommunity• AllianceforPioneerSquare• NeighborhoodOrgs

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Page 3: Partnerships & Local Improvement Districtwsg.washington.edu/wacoast/meetings/2017-07-July/Curtis... · 2017-07-24 · Partnerships Public • City Departments –Office of the Waterfront

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FUNDING

Page 4: Partnerships & Local Improvement Districtwsg.washington.edu/wacoast/meetings/2017-07-July/Curtis... · 2017-07-24 · Partnerships Public • City Departments –Office of the Waterfront

A special benefit district in which capital improvements will specially benefit primarily the

property in the district.

LOCALIMPROVEMENTDISTRICT

Page 5: Partnerships & Local Improvement Districtwsg.washington.edu/wacoast/meetings/2017-07-July/Curtis... · 2017-07-24 · Partnerships Public • City Departments –Office of the Waterfront

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SPECIALBENEFIT

Page 6: Partnerships & Local Improvement Districtwsg.washington.edu/wacoast/meetings/2017-07-July/Curtis... · 2017-07-24 · Partnerships Public • City Departments –Office of the Waterfront

1. Total Assessments not more than Special Benefits

2. Total Assessments not more than total cost

3. Assessments are proportionate to each other

LID CRITERIASTATUTORY REQUIREMENTS

Page 7: Partnerships & Local Improvement Districtwsg.washington.edu/wacoast/meetings/2017-07-July/Curtis... · 2017-07-24 · Partnerships Public • City Departments –Office of the Waterfront

Property Owner Petitions

50% + 1 Approval Threshold

City Council Initiated

60% ProtestThreshold

Form the District

Confirm Assessments

Collect Assessments

LID PROCESSCITY + PROPERTY OWNER APPROVAL

Page 8: Partnerships & Local Improvement Districtwsg.washington.edu/wacoast/meetings/2017-07-July/Curtis... · 2017-07-24 · Partnerships Public • City Departments –Office of the Waterfront

Council Announces Intent to Form LID(by resolution)

Establish LID(by ordinance)

Assessment Amounts Set (by ordinance)

Collection Notice

Refinements and Key Decisions

Special Benefit Baseline Study

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STEPS TO LID FORMATION

Page 9: Partnerships & Local Improvement Districtwsg.washington.edu/wacoast/meetings/2017-07-July/Curtis... · 2017-07-24 · Partnerships Public • City Departments –Office of the Waterfront
Page 10: Partnerships & Local Improvement Districtwsg.washington.edu/wacoast/meetings/2017-07-July/Curtis... · 2017-07-24 · Partnerships Public • City Departments –Office of the Waterfront

QUESTIONS?

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VISITWATERFRONTSEATTLE.ORG TOREADTHE2016WORKPLAN ORCONTACTUSWITHQUESTIONS!