HomeMy WebLinkAbout1255 ResolutionCITY OF KENNEWICK RESOLUTION NO. 79-48
CITY OF PASCO RESOLUTION NO. 1255
A JOINT RESOLUTION OF THE CITIES OF KENNEWICK AND PASCO
CONCERNING FINANCING THE LOCAL SHARE OF CONSTRUCTION
COSTS OF THE INTER -CITY BRIDGE
WHEREAS, the City of Kennewick and the City of Pasco under-
took a project for the construction of a new bridge across the
Columbia River between the two cities; and
WHEREAS, said bridge is now in place and is proficiently
serving the transportation needs of the two cities in particular and
the transportation needs of the entire Tri -Cities in general; and
WHEREAS, the construction of said bridge resulted in a sub-
stantial debt owed to the State of Washington; and
WHEREAS, both cities are committed to the obligation to
expeditiously settle the debt owed to the State of. Washington; and
WHEREAS, both cities have had to issue disparate amounts of
general obligation bonds in 1976 to assist in the financing of
this bridge; and
WHEREAS, both cities have examined past agreements in an effort
to determine the proportionate split of the debt applying to each of
the cities; and
WHEREAS, the cities have been unsuccessful in reaching a
common understanding as to the meaning of these past agreements; and
WHEREAS, both cities desire to maintain a relationship of
mutual cooperation and mutual concern about the welfare and financial
liability of the two cities; and
WHEREAS, the two cities believe that an understanding on the
ratio of financial participation in the cost of construction of the
new bridge is desirable;
NOW, THEREFORE, BE'IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF KENNEWICK AND THE CITY COUNCIL OF THE CITY OF PASCO AS FOLLOWS:
Section 1. Wherever provisions of previous joint resolutions
between the City of Kennewick and the City of Pasco conflict with
the intent of this joint resolution, they shall be superseded by
the provisions of this resolution.
Section 2. The general obligation bonds issued in equal
amounts by the City of Pasco and the City of Kennewick in 1971
shall continue to be paid equally by each of the cities.
Section 3. The total combined debt service payment on the 1976
councilmanic bonds issued by the City of Kennewick and the City of
Pasco shall be paid off on a ratio of 55 percent allocable to the
City,of Kennewick and 45 percent allocable to the City of Pasco.
Section 4. The loan from the Washington State Department of
Transportation shall be paid off by councilmanic bonds at a ratio
of 45 percent by the City of Pasco and 55 percent by the City of
Kennewick. If the City of Pasco is unable to issue bonds to cover
its total 45 percent share because of debt limitation laws, then
the City of Pasco will issue councilmanic bonds to its limit
and the City of Kennewick will issue douncilmanic bonds for the
difference. The City of Pasco and the City of Kennewick will pay
the debt service on their allocable portion of the combined bonds
according to the aforementioned ratio.
Section 5. To affect a ratio of 45 percent for the City of
Pasco and 55 percent for the City of Kennewick on past debt service
payments on the 1976 councilmanic bonds, the City of. Pasco shall
pay to the City of Kennewick $15,465 by July 1, 1979..
Section 6. To affect a ratio of 45 percent for the City of
Pasco and 55 percent for the City of Kennewick for gas tax payments
made to the Washington State Department of Transportation up to
July 1, 1979, the City of Pasco shall pay to the City of Kennewick
$16,373 by July 1, 1979.
Section 7. Except for costs covered by Section 2, any costs
associated with the cost of the original construction of the new
bridge will be shared 45 percent by the City of Pasco and 55 percent
by the City of Kennewick.
Section 8. Should funds pertaining to the new bridge remain after
payment of all design, construction, and administrative costs have
been made, or should any other refunds applicable to the new bridge
be made, these funds shall be returned to the cities by ratio of
45 percent to the City of Pasco and 55 percent to the City of
Kennewick.
Section 9. As stated in a motion adopted at a joint meeting
of the Cities of Pasco and Kennewick on September 12, 1978, the
cities will share equally in the cost of maintaining Ahe old bridge.
As long as the main span on the old bridge is still standing, this
cost shall be shared.
Section 10. As stated in City of Kennewick Resolution No. 79-26
and the City of Pasco Resolution No. 1247, the cities confirm that
each will share equally in the 20 percent local cost of demolishing
the old bridge, with 10 percent of the local cost being chargeable
to each of the cities.
Section 11. This resolution does not supersede provisions of
Pasco Council action of April 2, 1979, approving Pasco contributing
$4,212.50 as its part of the local matching requirement for the
$31,500 Kennewick Triangle Project.
PASSED BY THE CITY COUNCIL OF THE CITY OF KENNEWICK, WASHINGTON,
this J� sday of June, 1979 and signed in authentication of its
passage this_S7�!;e day of June, 1979.
DONALD E. KUHNS, Mayor
Page Two
Attest:
M. A. PRICE, City Clerk
Approved as to fgrm.4,
W LLII . CAMERON,
City Attorney
PASSED BY THE CITY COUNCIL OF THE CITY OF PASCO, WASHINGTON,
this day day of June, 1979 and signed in authentication of its
passage this % r day of June, 1979.
CHET BAILIE, Mayor
At t e,s t-:
kVELYN WELLS, City Clerk
Approved as to form:
I ijl�� 1. n h op
DENNIS DE FELUCE,
City Attorney
Page Three
I . ,
June 19, 1979
Mr. Joe Painter-
City Manager
City of Kennewick
P.O. Box 0,108
Kennewick, 'Washington.99336
Dear Mr.,Painter:
At the regular meeting of the Pasco City Council, held June 13,
1979, they passed joint Resolution No. 1255 with the City of
Kennewick concerning financing the local share of construction
costs of the Inter-City Bridge. A signed copy.of that Resolution
is attached for your perusal.
Thank you'for your mutual cooperation in this matter.
Sincerely yours,.
Evelyn Wells
City Clerk
ew
cc to: Lee Kraft, City Manager I