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HomeMy WebLinkAbout01-149 AGENDA BILL BREMERTON CIT~ COUNCIL 1. SUBJECT: --~ FOR AGENDA OF: July 2~2001 Resolution No. ~/~ ORIGINATING DEPT: Executive Supporting Application to Public ORIGINATOR: Lynn Horton Facilities District for Conference Center ATE SUBMITTED: June 28 2001 2. CLEARANCES: (comment on back 3. EXHIBITS: if necessary) Resolution MO, ~-O ENDORSEMENT~ INFORMATION__ APPROVED BY COUNCIL PRESJ, DENT FOR SUBMITTAL: 4. SUMMARY STATEMENT AND REQUIREMENT FOR COUNCIL ACTION: The Kitsap Public Facilities District is taking applications for projects to construct or rehabilitate convention, conference or special event facilities in Kitsap County. The capital project funding would come from a partial refund of the state's portion of local sales tax, without increasing local taxes. The requirements are that it must be a regional center; government investment including the PFD funding must be at least $10 million dollars; the local match of cash, land or in-kind contributions must equal one- third of the funding to be provided by the PFD (or $2.5 million for government entities.) The City of Bremerton proposal is to build a conference center on the Bremerton waterfront and include public and private partnerships. 8. RECOMMENDATION: ~o~e '~ ~- ~SO ~Owk ~, 2~O ~Or;~ 9. RESPONSIBLE OFFICIAL: ENFORCEMENT OFFICIAL: EXPIATION DATE: REVIEW DATE: 10. NOTICE OF ACTION / PULLED TABLED APPROVED / DISAPPROVED ~ENDED COUNCIL DIRECTIVE: DATE: ll. AGENDA BILL NO: _Ol--I~ 2. CLEARANCE COMMENTS (cont.): 4. SUMMARY STATEMENT (cont.): 5. IMPACT ON NON-PASSAGE: We will not apply for PFD funding and loose the opportunity to develop the waterfront through the ?FD process. 6. IMPACT ON STAFFING, BUDGETS, FACILITIES, EQUIPMENT OR OTHER RESOURCES City contribution to project. 7. RESEARCH SOURCES: