Title
AN ORDINANCE establishing a new unincorporated King County capital fund and adding a new section to K.C.C. chapter 4A.200.
Body
BE IT ORDAINED BY THE COUNCIL OF KING COUNTY:
NEW SECTION. 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 unincorporated King County capital fund.
B. The fund shall be a first tier fund. It is a capital projects fund.
C. The director of the department of local services shall be the manager of the fund.
D. All moneys appropriated to the department of local services for community service area subarea plan capital projects and any bond proceeds for the same purpose shall be deposited in the fund.
E. The fund shall be used for capital projects serving the needs of the
unincorporated area of the county consistent with the King County Comprehensive Plan and any relevant subarea plans.