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19-184 - King County - Interlocal Cooperation Agreement for Conservation Futures-Funded Open Space Acquisition Projects
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19-184 - King County - Interlocal Cooperation Agreement for Conservation Futures-Funded Open Space Acquisition Projects
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Last modified
3/12/2024 3:20:42 PM
Creation date
12/9/2019 4:43:17 PM
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Interlocal Agreements
Contract No (example 17-139)
19-184
Contractor (example *sabey*)
King County
Description (example *tourism*)
Interlocal Cooperation Agreement
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may be used only to pay capital costs related to property acquisition. Those costs include <br />appraisals, title searches, negotiations, administrative overhead, and the cost of actual <br />acquisition or purchase options, and all other costs meeting the requirements of K.C.C. <br />26.12.010. The City shall have the property valued by an appraisal performed by an <br />independent state -certified real estate appraiser with a current general real estate <br />appraiser license, and reviewed by an independent state -certified general real estate <br />appraiser. In requesting reimbursement of proceeds for the Project, the City shall <br />demonstrate to the County compliance with this Section 5.2. Proceeds utilized pursuant <br />to this Agreement may not be used to purchase land obtained through the exercise of <br />eminent domain. <br />Section 5.3 -- Completion/Substitution/Deletion of Projects. The City shall <br />complete the Project described in Section 5.1 of this Agreement within a two year period <br />from the effective date of the County ordinance appropriating funding for the Project. If <br />the City does not meet this two year requirement, unless the City demonstrates to the <br />Advisory Committee a compelling reason for continuance of CFT funding for the Project <br />beyond the two-year limit or a reprogramming request is timely approved as provided for <br />below, the County shall be released from any obligation to fund the Project, and the <br />County in its sole discretion may reallocate such proceeds for other projects in other <br />jurisdictions. The City may submit specific requests for project reprogramming to the <br />County for its approval within the two year period. All projects proposed for <br />reprogramming must meet open space criteria as described in chapter 84.34 RCW and <br />K.C.C. chapter 26.12, be submitted for recommendation by the County's Advisory <br />5 <br />
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