File #: 2003-0427    Version:
Type: Ordinance Status: Passed
File created: 9/22/2003 In control: Budget and Fiscal Management Committee
On agenda: Final action: 12/8/2003
Enactment date: 12/18/2003 Enactment #: 14812
Title: AN ORDINANCE making a supplemental appropriation of $1,212,000 to the building repair and replacement fund to proceed with obtaining a master use permit and preliminary design of an approximately 261,000-rentable-square-foot building and a steam plant, authorizing executive staff to enter into a procurement process to select an appropriate nonprofit entity to serve as the required intermediary in an IRS Regulation 63-20 finance structure, pursuant to the requirements of KCC 4.56.190.B; and amending the 2003 Budget Ordinance, Ordinance 14517, Section 118 and Attachment B, as amended.
Sponsors: Larry Phillips
Indexes: Appropriation, Budget, NCOB (New County Office Building)
Attachments: 1. Ordinance 14812.pdf, 2. 2003-0427 Fiscal Note.xls, 3. 2003-0427 Revised Staff Report.doc, 4. 2003-0427 Staff Report 10-01-03.doc, 5. 2003-0427 Staff Report 12-5-03, 6. 2003-0427 Staff Report Attachments 10-01-03.cpy, 7. 2003-0427 Staff Report Attachments 12-3-03.cpy, 8. 2003-0427 Staff Report Attachments.cpy, 9. 2003-0427 Transmittal Letter.doc, 10. A. Attachment I, Adopted Ordinance 14517, Section 118: General Capital Improvement Program, 11. B. An Approach to Reducing King County Office Space Costs, 12. handout at 12-3-03 BFM Meeting.cpy
Drafter
Clerk 12/08/2003
title
AN ORDINANCE making a supplemental appropriation of $1,212,000 to the building repair and replacement fund to proceed with obtaining a master use permit and preliminary design of an approximately 261,000-rentable-square-foot building and a steam plant, authorizing executive staff to enter into a procurement process to select an appropriate nonprofit entity to serve as the required intermediary in an IRS Regulation 63-20 finance structure, pursuant to the requirements of KCC 4.56.190.B; and amending the 2003 Budget Ordinance, Ordinance 14517, Section 118 and Attachment B, as amended.
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STATEMENT OF FACTS:
1. Numerous expert review panels and past studies have concluded that it is in the county's best financial interest to transition from leased to owned office space.
2. A recent study completed by the executive, titled An Approach to Reducing King County Office Space Costs ("the report") has concluded that substantial ongoing operating savings would be realized by conversion from leased to owned office space.
3. The report has further concluded that additional ongoing savings of significant magnitude would be achieved by constructing a new central steam plant.
4. The critical functions of the Seattle-King County department of public health, the King County finance and business operations division and the King County information technology division would be located in the new county office building, and perform critical functions that require continuity of business in the event of a major earthquake. To maintain business continuity, an older office building would need to be seismically retrofit to a standard adopted for the King County Courthouse seismic project.
5. Construction of a new county office building precludes the need for expensive and risk laden retrofit and renovation of older office buildings currently available for acquisition.
6. Construction of a new county office building provides for a better...

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