Drafter
Clerk 06/15/2006
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AN ORDINANCE calling for a special election for the purpose of submitting to the voters of King County on November 8, 2006, a proposition authorizing the sale or exchange of certain real property owned by King County and purchased with the proceeds of the Harbor Bonds passed by the voters in 1910; appointing a committee to write the voters' pamphlet statement for the November 8, 2006, special election and declaring an emergency.
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PREAMBLE:
The purpose of this ordinance is to call for a special election to submit to the qualified electors of King County the question of whether the county should be authorized to sell or exchange certain real property owned by the county and purchased with proceeds of the 1910 Harbor Bond Issue.
BE IT ORDAINED BY THE COUNCIL OF KING COUNTY:
SECTION 1. Findings: The King County council specifically finds as follows:
A. On September 25, 1910, the King County board of commissioners approved a resolution placing a measure on the November 1910 ballot to determine whether the county should issue bonds to pay for the improvement and enlargement of county harbors.
B. In the election held on November 8, 1910, the voters approved the ballot measure authorizing the issuance of bonds "for the purpose of the improvement and enlargement of harbors of King County."
C. A total of $1,750,000 of such bonds was issued during 1911 and 1912. The proceeds of the bonds were used to improve and enlarge the harbors of King County. Specific activities included purchase of those properties listed in Attachment A, improvement of the Lake Washington Canal, and improvement of the Duwamish Waterway.
D. The last of the bonds were redeemed in 1931 and the county has no remaining indebtedness on the bonds.
E. The Harbor Bond properties listed in Attachment A were acquired by King County as potential public sites for wharves and docks and other harbor improvements. Private facilities have been develo...
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