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HomeMy WebLinkAbout03/17/2026 07.I. Ordinance amend YMC 3.127 Transportation Benefit Dist Fund 'V S ii ri ..„, t,::,,;RnTT,,,....,.,. 1 ..:,, a c= ______ BUSINESS OF THE CITY COUNCIL YAKIMA, WASHINGTON AGENDA STATEMENT Item No. 7.1. For Meeting of: March 17, 2026 ITEM TITLE: Ordinance amending YMC 3.127 Transportation Benefit District Fund SUBMITTED BY: Craig Warner, Director of Finance and Budget SUMMARY EXPLANATION: This ordinance amends Chapter 3.127 of the Yakima Municipal Code to reflect recent changes to the funding sources for the Transportation Benefit District (TBD) Fund. The amendment updates the code to align with Council action taken on February 17, 2026, establishing a 0.1% sales and use tax and repealing the prior$20 annual vehicle license fee. ITEM BUDGETED: STRATEGIC PRIORITY 24-25: RECOMMENDATION: Pass Ordinance. ATTACHMENTS: Ordinance_amend YMC 3.127 TBD Fund 3.127 TBD_ORDINANCE_2026.pdf 59 ORDINANCE NO. 2026- AN ORDINANCE amending the City of Yakima Municipal Code Chapter 3.127 WHEREAS, the City Council adopted Ordinance No. 2022-005 establishing a Capital Fund entitled the"Transportation Benefit District Fund" (TBD Fund)for the purpose of segregating revenues to fund transportation improvements within the Transportation Benefit District; and WHEREAS, Ordinance 2022-005 specified that the TBD Fund shall consist of monies collected from vehicle license registration fees; and WHEREAS, on February 17, 2026, the City Council adopted Ordinance No. 2026-006 establishing a 0.1% sales and use tax pursuant to RCW 82.14.0455 to fund the Transportation Benefit District project list; and WHEREAS, on February 17, 2026 the City Council adopted Ordinance 2026-007 repealing Ordinance 2017-033 which established a $20.00 annual vehicle license fee to fund the Transportation Benefit District project list; and WHEREAS, the City Council finds that it is in the best interest of the City and its residents to amend Chapter 3.127 of the Yakima Municipal Code to reflect the change in funding sources for the Transportation Benefit District Fund; therefore BE IT ORDAINED BY THE CITY OF YAKIMA: Section 1. Chapter 3.127 of the Yakima Municipal Code is hereby amended to read as follows: 3.127 Transportation Benefit District Fund. A. There is hereby created the Transportation Benefit District Fund 344. B. The transportation benefit district fund shall consist of monies collected, as authorized by Revised Code of Washington to be used for all lawful purposes of the Transportation Benefit District. Section 2. This ordinance shall be in full force and effect 30 days after its passage, approval, and publication as provided by law and by the City Charter. PASSED BY THE CITY COUNCIL, signed and approved this 17th day of March, 2026. ATTEST: Matt Brown, Mayor Rosalinda Ibarra, CMC, City Clerk Publication Date: March 21, 2026 Effective Date: April 20, 2026 60 ORDINANCE NO. 2026- AN ORDINANCE amending the City of Yakima Municipal Code Chapter WHEREAS, the City Council adopted Ordinance No. 2022-005 establishing a Capital Fund entitled the"Transportation Benefit District Fund" (TBD Fund)for the purpose of segregating revenues to fund transportation improvements within the Transportation Benefit District; and WHEREAS, Ordinance 2022-005 specified that the TBD Fund shall consist of monies collected from vehicle license registration fees; and WHEREAS, on February 17, 2026, the City Council adopted Ordinance No. 2026-006 establishing a 0.1% sales and use tax pursuant to RCW 82.14.0455 to fund the Transportation Benefit District project list; and WHEREAS, on February 17, 2026, the City Council adopted Ordinance 2026-007 repealing Ordinance 2017-033, which established a $20.00 annual vehicle license fee to fund the Transportation Benefit District project list; and WHEREAS, the City Council finds that it is in the best interest of the City and its residents to amend Chapter 3.127 of the Yakima Municipal Code to reflect the change in funding sources for the Transportation Benefit District Fund; therefore BE IT ORDAINED BY THE CITY OF YAKIMA: Section 1. Chapter 3.127 of the Yakima Municipal Code is hereby amended to read as follows: 3.127 Transportation Benefit District Fund. A. There is hereby created the Transportation Benefit District Fund 344. B. The transportation benefit district fund shall consist of monies collected from vchicic license registration fees for the purpose of funding TBD eligible projects., as authorized by Revised Code of Washington to be used for all lawful purposes of the Transportation Benefit District. Section 2. This ordinance shall be in full force and effect 30 days after its passage, approval, and publication as provided by law and by the City Charter. PASSED BY THE CITY COUNCIL, signed and approved this 17th day of March 2026. ATTEST: Matt Brown, Mayor 61 Rosalinda Ibarra, CMC, City Clerk Publication Date: Effective Date: 62