A RESOLUTION approving the proposed budget of the Skagit Environmental Endowment Commission for fiscal year 2005.

WHEREAS, on March 30, 1984, the City of Seattle and the Province of British Columbia signed an agreement settling their long-standing dispute over construction of the High Ross Dam; and

WHEREAS, Appendix D to that agreement provided for the establishment of the Skagit Environmental Endowment Commission to administer the Skagit Environmental Endowment Fund established by the City of Seattle and the Province of British Columbia; and

WHEREAS, in 1985, the Skagit Environmental Endowment Commission was duly constituted with four members appointed by the Mayor of Seattle and four members appointed by the Premier of British Columbia; and

WHEREAS, Article II of Appendix D establishing the Skagit Environmental Endowment Commission provided that the annual budget of the Commission shall be subject to review and approval by Seattle and British Columbia; and

WHEREAS, the Commission has agreed upon a budget for fiscal year 2005; and

WHEREAS, the budget of the Commission for fiscal year 2005 has been duly reviewed by the City Council and the Mayor; NOW, THEREFORE,

BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SEATTLE, THE MAYOR CONCURRING, THAT:

Section 1. The budget for the Skagit Environmental Endowment Commission (SEEC) fiscal year 2005 (April 1, 2005-March 31, 2006) as set forth in documents attached to this Resolution, is hereby approved by the City of Seattle.

Section 2. Projected expenditures detailed in the attached budget may be carried forward into fiscal year 2006, until such time as they are incorporated into a fiscal 2006 budget approved by the City of Seattle. The fiscal 2005 budget of the Commission need be resubmitted to the City Council only if the aggregate budget amounts for projects or administrative expenditures are expected to be exceeded before approval of an annual budget for fiscal year 2006. The Commission may amend individual grant accounts and the contingency account, provided the cumulative changes do not exceed the total capital budget. Individual grant funds shall be available for authorized reimbursements to grantees until projects are completed and grants closed out within the times specified in the grants.

Section 3. Any act pursuant to the authority and prior to the effective date of this resolution is hereby ratified and confirmed.

Adopted by the City Council the ____ day of _________, 2005, and signed by me in open session in authentication of its adoption this _____ day of __________, 2005.

_________________________________

President __________of the City Council

THE MAYOR CONCURRING:

_________________________________

Gregory J. Nickels, Mayor

Filed by me this ____ day of _________, 2005.

____________________________________

City Clerk

(Seal)

Attachment: 2005 Skagit Environmental Endowment Commission Budget

Celia Grether/kts

SCL SEEC 2005 RES

3/15/05

version 2

1

2005 Skagit Environmental Endowment Commission Budget

SKAGIT ENVIRONMENTAL ENDOWMENT COMMISSION

For the period April 1, 2005 to March 31, 2006

(All amounts in U.S. Dollars)

SUMMARY

I. ADMINISTRATION (5%) $85,000

II. CAPITAL

A. Agency Partnerships $180,000

B. U.S./Canadian RFPs $200,000

C. Grant Projects $26,055

D. Contingency * $1,000000

$1,406,055

TOTAL BUDGET $1,491,055

* Set aside to cover costs of converting unprotected land in Watershed to protected status.

SKAGIT ENVIRONMENTAL ENDOWMENT COMMISSION

2005 ADMINISTRATIVE BUDGET for the period April 1, 2005 to March 31, 2006

(All amounts in U.S. Dollars)

U.S. CANADIAN COMBINED SECTION SECTION EXPENDITURES

I. Administrative Expenditures

A. Meetings $ 2,500 $ 2,500 $ 5,000

Includes three scheduled Commission meetings and other meetings to conduct specific business; e.g., commissioner orientation, meeting with applicants to discuss proposals; meeting with resource managers to discuss cross boundary issues

B. Strategic Planning Exercise $ 10,000 $ 10,000 $ 20,000

(Purpose: To craft a strategic plan from the four needs assessments. Costs cover retreat facilitation and plan preparation.)

C. Office and Project Operating $ 4,000 $ 0 $ 4,000 Expense

1. Postage/courier 500

2. Office supplies

3. Insurance 3,500

D. Consultant Advice $ 8,000 $ 0 $ 8,000

1. Website redesign 3,000

2. Electronic conversion of 5,000 past studies

E. Financial Services $ 0 $ 47,000 $ 47,000

1. Audit 10,000

2. Endowment management 37,000

F. Miscellaneous $ 500 $ 500 $ 1,000

(Staff travel, advertising)

GRAND TOTAL $ 25,000 $ 60,000 $ 85,000 ADMINISTRATIVE BUDGET

AGENCY PARTNERSHIPS

FISCAL YEAR 2005

TITLE APPROVED (US $) SEEC

05-P1 National Park Service-North Cascades $40,000 Hozomeen Interpretive Communications Project et al

05-P2 North Cascades Institute $80,000 Mountain School/ Skagit Watershed Education

U.S. $120,000 Total

TITLE APPROVED (US $) SEEC

05-P3 BC: Ministry of Land, Air and Water $60,000 Protection

Can. $60,000 Total

TOTAL PARTNERSHIPS $180,000

TITLE APPROVED (US $) SEEC

Allocation for Targeted Contracts $200,000

$200,000

Grant-Funded Projects

TITLE APPROVED (US $) SEEC

05-01 Student Conservation Association $26,055 2005 Canada U.S. Conservation Crew

U.S. $26,055 Total

GRAND $406,055 TOTAL

* Contingency funds for moving unprotected land to protected status US $1,000,000

Attachment to Resolution A