Drafter

Clerk 08/14/2025

Title

AN ORDINANCE establishing the Broadway Facility fund; and adding a new section to K.C.C. chapter 4A.200.

Body

STATEMENT OF FACTS:

The County is acquiring the property located at 1145 Broadway, Seattle, and known as the Broadway Facility building.

The acquisition and operating costs for the Broadway Facility will be funded by bond proceeds, revenues from the crisis care centers levy, the Harborview capital program, and revenues from private lease and parking.

                     BE IT ORDAINED BY THE COUNCIL OF KING COUNTY:

                     NEW SECTION.  SECTION 1.  There is hereby added to K.C.C. chapter 4A.200 a new section to read as follows:

                     A.  There is hereby created the Broadway Facility fund.

                     B.  The fund shall be a first tier fund.  It is an internal service fund.

                     C.  The director of the department of executive services shall be the manager of the fund.

                     D.  All receipts from revenues and rates charged for acquiring and operating the Broadway Facility shall be deposited in the fund.

                     E.  The fund shall provide for the receipt of bond proceeds, grants, and other

revenues and disbursement of expenditures used to support the acquisition, improvements, operations, and maintenance of the Broadway Facility.