Drafter
Clerk 11/08/2022
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AN ORDINANCE temporarily raising thresholds for emergent need projects; amending Ordinance 17293, Section 24, as amended, and K.C.C. 4A.10.103, Ordinance 17929, Section 21, as amended, and K.C.C. 4A.100.080 and Ordinance 17929, Section 21, as amended, and K.C.C. 4A.100.080, establishing an effective date and establishing an expiration date.
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STATEMENT OF FACTS:
1. Data from the Federal Bureau of Statistics show that in April 2022 the Consumer Price Index for the Seattle Area was 9.1 percent higher than a year ago.
2. National Bureau of Labor Statistics data on the price of construction materials show that the cost of those materials increased 45 percent from November 2020, when the current budget was adopted, to May 2022.
3. The executive's 2023-2024 Proposed Biennial Budget (Proposed Ordinance 2022-0374) includes emergent need capital projects with proposed budget amounts that would meet the thresholds as amended in this proposed ordinance.
BE IT ORDAINED BY THE COUNCIL OF KING COUNTY:
SECTION 1. Section 2 and 3 of this ordinance expire January 1, 2025.
SECTION 2. Ordinance 17293, Section 24, as amended, and K.C.C. 4A.10.103 are hereby amended to read as follows:
"Capital project exceptions notification" means a letter that describes the proposed transfer of capital project emergent need contingency appropriation authority to address changes to adopted a capital project's scope, schedule or project costs that result in an increase of ((fifteen)) twenty-five percent or more to an adopted capital project's total project costs.
SECTION 3. Ordinance 17929, Section 21, as amended, and K.C.C. 4A.100.080 are hereby amended to read as follows:
A. An emergent need contingency project may be included in any capital improvement program fund under K.C.C. 4A.100.030.
B. Emergent need contingency projects must be included in the proposed capital fund's six year capital improvement program and be consistent with the proposed f...
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