HomeMy WebLinkAboutNew Fund 403 Water Mitigation.pdf (Updated)KITTITAS COUNTY
BOARD OF COUNTY COMMISSIONERS
RESOLUTION NO. c!)OILR -all.£?
A Resolution Establishing Fund 403 -Water Mitigation
WHEREAS, the Board of County Commissioners purchased Trust Water Rights on May 29,2014,
to be used for consumptive use water, instream flow and mitigation of domestic use, and;
WHEREAS, effective June 2,2014 mitigation is required for all new uses of ground water in Kittitas
County. Mitigation may include obtaining a portion of a senior (pre-1905) water right appropriate to offset
the new groundwater withdrawal. Kittitas County intends to offer budget neutral mitigation through a
County-owned and operated water bank starting in December 2, 2015, and;
WHEREAS, the Board of County Commissioners held a public hearing on November 24,2015, for
setting fees for the Water Mitigation and Metering program, which went into effect on December 2, 2015,
and;
WHEREAS, this fee includes an in -lieu fee for water, watershed management and water supply
improvements, and;
WHEREAS , the Board of County Commissioners determines it is necessary to create a special fund
to track the programs associated w ith water mitigation, and ;
WHEREAS, upon recommendation from the State Auditor that this fund type should be an
enterprise fund .
NOW, THEREFORE BE IT RESOLVED, the Kittitas County Board of County Commissioners
hereby establishes fund 403 -Water Mitigation.
AND, NOW THEREFORE BE IT FURTHER RESOLVED, the intangible assets of the Trust Water
Rights are placed in this fund.
AND, NOW THEREFORE BE IT FURTHER RESOLVED, the County Auditor and/or Budget &
Finance Manager will be authorized to determine the amount of monies available for investment and
request the County Treasurer to invest the funds for the maximum return and the interest will be credited to
this fund .
APPROVED, this 19th day of January 2016.