Drafter
Clerk 03/30/2021
Title
AN ORDINANCE establishing the Harborview Medical Center capital program 2020 Proposition 1 capital project fund; and adding a new section to K.C.C. chapter 4A.200.
Body
BE IT ORDAINED BY THE COUNCIL OF KING COUNTY:
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 Harborview Medical Center capital program 2020 Proposition 1 capital project fund.
B. The fund shall be a first tier fund. It is a capital project fund.
C. The director of the department of executive services shall be the manager of the fund.
D. Revenue approved by the voters of King County at the November 4, 2020, general election as described in Ordinance 19117 shall be deposited in the fund.
E. The fund shall be used to account for the capital costs of the Harborview Medical Center capital project as described in Ordinance 19117.
F. Any subfund of the fund created to hold and manage bond proceeds shall be treated as a first tier fund.