Cities in Pierce County are now eligible to apply for “opportunity fund” dollars from the Pierce County Flood Control Zone District (District) to use toward flood control and storm water related projects.
The City of Sumner has been allotted $16,483 in opportunity funds for flood control, about 2.39 percent of the entire allocation budget of $689,670. Up in Bonney Lake, $16,828 has been allocated, comprising 2.44 percent of the total budget.
The Flood Control Zone District approved the Opportunity Fund June 5, 2013, which is ten percent of the assessed value in the district. Cities are eligible for ten percent of their portion of the levy and can use these funds as early as the end of this year or allow the funds to remain in an account and be used at a later date when more funds have accumulated.
“Flooding is a critical regional problem that needs to be addressed. This is also an opportunity for cities to work on local needs as well,” said Supervisor and District Chair Joyce McDonald.
According to state law, cities can use opportunity funds for flood control, storm water control and cooperative watershed management projects, and for studies and monitoring programs that support these projects.
To receive opportunity funds, cities must enter into a Inter Local Agreement (ILA) with the District and submit a Notice of Intent for how the funds will be used. If cities intend to use funds as soon as they are available, they must also provide a project Scope of Work. Progress reports will also later be required. Qualifying projects must also be part of the District’s or City’s comprehensive flood hazard management plan.
Cities will receive notice of these funds and required forms at the end of this month and may begin submitting applications immediately. The Board of Supervisors will approve eligible projects in November.