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AN ORDINANCE relating to the Broadway Facility appropriation; making a supplemental appropriation of $41,568,000 to the Broadway Facility fund; and adding a new section to the 2025 Annual Budget Ordinance, Ordinance 19861.

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STATEMENT OF FACTS:

1.  Ordinance 19572 authorized and the voters approved levying the new property tax for crisis care centers beginning in 2024.

2.  The Crisis Care Levy Implementation Plan identified the Seattle Downtown core as a location for one of the five crisis care centers.

3.  The building located at 1145 Broadway, Seattle, will be known as the Broadway Facility.

4.  The proposed Broadway Facility will be the location of the central crisis care center.

5.  The acquisition of the Broadway Facility will be partially funded by bond proceeds with the debt service paid by lease and parking revenues.

                     BE IT ORDAINED BY THE COUNCIL OF KING COUNTY:

                     NEW SECTION.  SECTION 1.  There is hereby added to Ordinance 19861 a new section to read as follows:

                     BROADWAY FACILITY FUND - From the Broadway Facility fund there is hereby appropriated to:

                     Broadway Facility fund                     $41,568,000