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ORD 12-725ORDINANCE NO. 12-725 AN ORDINANCE of the City of Federal Way, Washington, relating to the Community Development Block Grant (CDBG) Loan Review Advisory Committee, adding a new Chapter to Title 2 FWRC "Government" WHEREAS, the City of Federal Way Community Development Block Grant (CDBG) Consolidated Plan provided for funding of Small Business Development Programs through the City's Community Development Block Grant (CDBG) allocations and through the use of various loan products; and WHEREAS, the City Council finds it necessary and prudent to establish an Advisory Committee that carefully evaluates each loan application for funding from the City's CDBG programs and the surety of said loans, and makes recommendations to the Mayor and Council. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF FEDERAL WAY, WASHINGTON, DO ORDAIN AS FOLLOWS: Section 1. The Chapter list of Title 2 of the Federal Way Revised Code is hereby amended to read as follows: Title 2 GOVERNMENT Chapters: Division I. Officials, Departments, and Employees 2.05 Government in General 2.07 Campaign Contributions 2.08 City Council 2.10 Mayor Z.l 1 Mayor's Office Ordinance No. 12-725 Page 1 of S 2.12 Administrative Services Department 2.13 Community and Economic Development Department 2.17 Finance 2.19 Human Resources 2.21 Information Technology Department 2.23 Law Department 2.25 Police Department 2.27 Public Works/Parks, Recreation and Cultural Services Department 2.29 Municipal Court Division II. Boards, Committees, and Commissions 2.45 Civil Service Commission 2.54 Arts Commission 2.55 Human Services Commission 2.57 CDBG Loan Review Advisorv Committee 2.60 Youth Commission 2.65 Diversity Commission 2.70 Disability Board 2.75 Lodging Tax Advisory Committee 2.80 Independent Salary Commission 2.85 Parks and Recreation Commission 2.90 Planning Commission 2.95 Hearing Examiner Section 2. A new Chapter is added to Title 2 of the Federal Way Revised Code to read as follows: Chapter 2.57 CDBG LOAN REVIEW ADVISORY COMMITTEE Sections: 2.57.010 Created. 2.57.020 Composition — Terms. 2.57.030 Or�anization and meetin�s. 2.57.040 Duties and responsibilities. 2.57A10 Greated. The CDBG loan review advisorv committee is hereby created. The committee shall serve Ordinance No. 12-725 Page 2 of S in an advisorv capacity to the city council and ma,yor. 2.55.020 Comnosition — Terms. �1) The loan review advisorv committee shall consist of five members appointed bv the citv council who are qualified bv their experience and back�round to advise the mayor and city council on economic development loan products and a�plications for loan fundin�. (2) The loan review advisorv committee shall serve without compensation. (3) Three members shall be initiallv appointed to a two-vear term. Two members shall be initiallv a�pointed to three-vear terms. Thereafter, each member shall serve a term of two e�ars• The city council shall annuall�ppoint new members to fill the expirin� terms on the loan review advisorv committee. If, for anv reason, a vacancy occurs during the term of a loan review advisory committee member, the city council shall appoint a new member to fill the unexpired term of that member. The citv council may remove a loan review advisory committee member at an�time if the city council determines that the member is not fulfilling his or her responsibilities to the satisfaction of city council. All members of the loan review advisory committee shall serve until their successors are dul,�ppointed bv city council. (4) Persons a�pointed to service on the loan review advisorv committee shall reside or own a business within the corporate limits of the cit� 2.55.030 Organization and meetin�s. The loan review advisorv committee shall elect a chair and vice-chair from amon� voting members. Such officers shall hold office for one year. The mavor shall appoint appropriate staff to assist the loan review advisory committee in the�reparation of such reports and records as are necessary for the proper operation of the commission. The loan review advisorv committee shall meet upon call of the staff or chair, as necessary. A majority of the loan review advisory committee in attendance at a meetin�, constitutin�a quorum, shall be required for official action. 2.57.040 Duties and resuonsibilities. The loan review advisory committee sha11 make reports and recommendations to the citv council and mavor. The duties of the loan review advisory committee are as follows: (1) Understand the regulations, �oals and objectives �overning the use of Community Development Block Grants funds. (2) Ensure that loan a�plications com�lv with CDBG program re�ulations, goals and objectives. �3) Recommend approval or disa�proval of the funding of each application brought before the committee. (4) Provide input and recommendations on program policv issues. (5) Disclose an�potential conflicts of interest. Ordinance No. 12-725 Page 3 of 5 Section 2. Severabilitv. Should any section, subsection, paragraph, sentence, clause, or phrase of this chapter, or its application to any person or situation, be declared unconstitutional or invalid for any reason, such decision shall not affect the validity of the remaining portions of this chapter or its application to any other person or situation. The city council of the City of Federal Way hereby declares that it would have adopted this chapter and each section, subsection, sentence, clauses, phrase, or portion thereof, irrespective of the fact that any one or more sections, subsections, sentences, clauses, phrases, or portions be declared invalid or unconstitutional. Section 3. Corrections. The City Clerk and the codifiers of this ordinance are authorized to make necessary corrections to this ordinance including, but not limited to, the correction of scrivener/clerical errors, references, ordinance numbering, section/subsection numbers and any references thereto. Section 4. Ratification. Any act consistent with the authority and prior to the effective date of this ordinance is hereby ratified and affirmed. Section 5. Effective Date. This ordinance shall take effect and be in force thirty (30) days from and after its passage and publication, as provided by law. PASSED by the City Council of the City of Federal Way this 17th day of July, 2012. CITY OF FEDERAL WAY �—.. MAYO , SKIP PRIEST Ordinance No. 12-725 Page 4 of S ATTEST: CITY CLERK, CARO MCNEI LY, CMC APPROVED AS TO FORM: CI Y ATTORNEY, PATRICIA A. RICHARDSON FILED WITH THB CITY CLERK: PASSED BY THE CITY COUNCIL: PUBLISHED: EFFECTIVE DATE: ORDINANCE NO.: 6-26-2012 7-17-2012 7-20-2012 8-19-20 i 2 12-725 Ordinance 1Vo. 12-725 Page 3 of S