22-106 - King County et al - Interlocal Agreement: Duwamish Basin Stewardship

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5. OBLIGATIONS OF PARTIES; BUDGET; RULES. 5.1 Each Party shall be responsible for meeting only its individual obligations hereunder and as established in the annual budget adopted by the DBMT under this Agreement, including all such obligations related to the DBMT funding, technical support, and participation in related planning, and activities as set forth herein. It is anticipated that separate actions by the legislative bodies of the Parties will be necessary from time to time in order to carry out these obligations. 5.2 The DBMT shall, by October 1 of each year, establish an annual budget that provides for the level of funding and total resource obligations of the Parties for the following calendar year. Such obligations are to be allocated on a proportional basis in accordance with the initial allocation formula for 2022 set forth in Exhibit B. The Exhibit B data shall be updated by King County every year, with automatic adjustments for inflation, based on the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI -W). If an additional government becomes party to this Agreement, the additional government's initial cost share shall be determined jointly by the Parties and will be included in Exhibit B. Parties to this Agreement may elect to secure grant funding to meet their individual obligations. 5.3 By November 1 of each year, the Parties shall provide a status update on their continued participation in this Agreement for the following year. 5.4 The DBMT will work collaboratively to identify and secure additional, regular funding for the Duwamish Basin Steward position, as described in Section 5.4.2 below, and the Duwamish Program, and set priorities for which entity(ies) pursue which grants for what purpose. The allocation of these funds to support the position and/or the work program shall be determined by the DBMT, subject to any conditions attached to such funding. Parties to this Agreement may also elect to secure grant funding to meet their individual obligations. 5.5 King County shall: 5.5.1 provide services as described in Exhibit A; 5.5.2 Hire and maintain a full-time Duwamish Basin Steward to lead delivery of services described in Exhibit A and assist the DBMT; 5.5.3 work with representatives of the other Parties to coordinate provision of services, as described in Exhibit A; 5.5.4 designate one representative to serve on the DBMT and participate in DBMT meetings to carry out DBMT responsibilities in Section 4; 5.5.5 maintain the budget established by the DBMT consistent with RCW 39.34; and Duwamish Basin Stewardship — ILA 2022-2027 Page 5