MEMORANDUM

Form revised: December 6, 2011

FISCAL NOTE FOR CAPITAL PROJECTS ONLY

Department:	Contact Person/Phone:	CBO Analyst/Phone:
Seattle City Light	Denise Krownbell/5-1127	Calvin Chow/4-4652

Legislation Title: AN ORDINANCE relating to the City Light Department; accepting statutory warranty deeds to the Dow, Faucett et al., Miller, and Schmitt properties in Snohomish County, Washington, and the Errol Hanson Funding Inc., Fischer, Heaphy, Raab Family Trust, TPB Properties Inc., Turner and Wall properties in Skagit County, Washington, for salmonid habitat protection purposes; ratifying the grants of Deeds of Right to the State of Washington on the Dow, Errol Hanson Funding, Inc., Faucett et al., Fischer, Miller, Schmitt, and TPB Properties Inc. properties for salmon recovery and conservation purposes; placing said lands under the jurisdiction of the City Light Department; and ratifying and confirming certain prior acts.

Summary and background of the Legislation: This legislation authorizes the Superintendent to accept statutory warranty deeds to the aforementioned properties, and grant Deeds of Right for five of those properties to the Washington State Salmon Funding Recovery Board (SRF Board). All of the properties were purchased as part of SCL’s Endangered Species Act (ESA) Early Action Program under the authority of Ordinance 121114. Both the Program and Ordinance stated criteria by which the City committed to assist in threatened species recovery and these properties meet the criteria by protecting salmonid habitat. Funding for the property acquisitions included $763,000 in SCL funds and $313,000 from the SRF Board. This legislation places the acquired properties under the jurisdiction of the City Light Department. The funding for these acquisitions was already budgeted and does not require a new appropriation.

Project Name:	Project I.D.:	Project Location:	Start Date:	End Date:
Endangered Species Mitigation	6990	Skagit County and Snohomish County	2000	2016

Please check any of the following that apply:

____ This legislation creates, funds, or anticipates a new CIP Project.

__x__ This legislation does not have any financial implications.

____ This legislation has financial implications.

Other Implications:

a) Does the legislation have indirect financial implications, or long-term implications?

The properties will require monitoring to protect current habitat conditions. A land management plan was developed for the ESA Lands and funding has been set aside for said management. Grant funds are pursued as needed to maintain or improve habitat conditions.

b) What is the financial cost of not implementing the legislation?

SCL would be out of compliance with the terms of the signed grant with the Salmon Recovery Funding Board. This may ultimately result in a loss of the award for the properties and subject SCL to funding the purchase of the properties with other resources.

c) Does this legislation affect any departments besides the originating department?

d) What are the possible alternatives to the legislation that could achieve the same or similar objectives?

No other alternatives are known at this time.

e) Is a public hearing required for this legislation?

f) Is publication of notice with The Daily Journal of Commerce and/or The Seattle Times required for this legislation?

g) Does this legislation affect a piece of property?

It accepts deeds to the properties and authorizes the granting of Deeds of Right to five of those properties. The maps are attached to this fiscal note, see below.

h) Other Issues:

List attachments to the fiscal note below:

Attachment A: ESA Salmon Habitat Lands -Snohomish, Skagit, and Whatcom Counties

Attachment B: ESA Salmon Habitat Lands - O'Brien Creek