Aug. 29, 2006
King County, City of Enumclaw reach agreement on major economic development transaction
Sims and Wise partner to support rural economic development
King County and the City of Enumclaw today announced an agreement
that is expected to provide a major catalyst for economic development
on the Enumclaw Plateau. The agreement includes the transfer of King
County Fairgrounds and four nearby county-owned parcels of land to the
City of Enumclaw.
The transaction, which also
includes $2 million in county funds to help transform the properties
into a major tourist attraction, is subject to approval by the
Metropolitan King County Council and the Enumclaw City Council. The
transaction would take effect Jan. 1, 2007.
"We
see this agreement as a major catalyst for economic development in the
rural community," County Executive Ron Sims said. "The City of Enumclaw
has been very proactive in defining its future, and we're eager to
support the city in achieving its goals. This agreement will provide
many benefits for the people of the city and the county."
The City of Enumclaw recently completed the first phase of a tourism
study, which cited the fairgrounds and its potential for redevelopment
as a first-class equestrian facility and expo center as the centerpiece
of a plan to boost tourism and business.
Enumclaw
Mayor John Wise said city officials appreciated King County's
cooperation in providing the opportunity for the city to develop a new
civic amenity that would support the city's economic vitality.
"The
fairgrounds have always been important to our community and it has been
a pleasure to work with the county to help realize our dream of
creating a major destination that would attract visitors and new
revenues to our area," Wise said.
" King County is
a good community partner, and we enjoy hosting the King County Fair in
our community. We are committed to continue our strong partnership with
King County for the benefit of the City of Enumclaw and all county
citizens."
Cathy Rigg, President of the Enumclaw Chamber of Commerce, said the agreement holds promise for economic growth in the area.
"The
Enumclaw Chamber of Commerce congratulates the City of Enumclaw and
King County on working together to help develop future business and
potential growth," she said. "The surrounding community has strongly
supported the idea of a tourism plan, and has shown a great interest in
a first-class equestrian center. The chamber supports city
administrators and city council members in its upcoming mission to
determine the best fit for the property as it pertains to Enumclaw, its
businesses and our residents."
In addition
to the property, King County will invest $2 million in county funds as
part of the transaction. The money can only be spent at the fairgrounds
or other properties involved in the transaction. Of the $2 million, $1
million can be used only for capital projects; the remaining $1 million
can be used for maintenance and other operating expenses in addition to
capital projects.
Sims said the regular employees who currently work at the fairgrounds
will be offered jobs elsewhere within the King County Parks system.
Sims also said he expects the King County Fair to continue.
"We
are already budgeting for a fair in 2007," he said, noting that the
agreement gives King County the ability to use the fairgrounds free of
charge for a fair or similar event.
In addition
to the fairgrounds, the City of Enumclaw will also receive four other
parcels of county-owned land on the Enumclaw Plateau. The land includes
two parcels across the street from the fairgrounds, Sportsman Park at
290th Avenue Southeast and Southeast 448th Street, and Farmers Park at
228th Avenue Southeast and Southeast 436th Street.
Under the terms of the agreement, the fairgrounds and other properties
involved in the transaction must continue to be used for park and
recreation purposes.
Sims said the agreement with Enumclaw is
part of a larger initiative to help improve economic opportunities in
King County's rural communities. He recently led the development of a
new
Web site, which highlights specific county features and programs that are available to King County's rural residents.