King County - File #: 2006-0437

• File #: 2006-0437
• Version: 2
• Type: Ordinance
• Status: Passed
• File created: 9/25/2006
• In control: Capital Budget Committee
• On agenda: 10/30/2006
• Final action: 10/30/2006
• Enactment date: 10/31/2006
• Enactment #: 15633
• Title: AN ORDINANCE related to construction of facilities for Harborview Medical Center; approving the ground lease of a site at Ninth and Jefferson on the Harborview Medical Center campus from the county to NJB Properties and a project lease by NJB Properties to the county of a medical services and office building, including parking facilities, to be constructed on such site; authorizing the county executive to execute the ground lease and project lease with NJB Properties and an agreement with Harborview Medical Center; approving certain provisions of the development and financing plan of NJB Properties including the county's pledge of taxation and credit to pay rent as required by the project lease; agreeing to take unencumbered title to the building when bonds issued by NJB Properties are discharged; removing the remaining work on the Ninth and Jefferson building from the Harborview Bond Program and approving certain other provisions of the build-to-suit, lease-lease back transaction; and...
• Sponsors: Bob Ferguson
• Indexes: Executive, Harborview, Lease, TEFRA

Date	Ver.	Action By	Action	Result
10/30/2006	1	Metropolitan King County Council	Hearing Held
10/30/2006	1	Metropolitan King County Council	Passed as Amended	Pass
10/11/2006	1	Capital Budget Committee	Deferred
10/4/2006	1	Capital Budget Committee	Deferred
9/25/2006	1	Metropolitan King County Council	Introduced and Referred

title
AN ORDINANCE related to construction of facilities for Harborview Medical Center; approving the ground lease of a site at Ninth and Jefferson on the Harborview Medical Center campus from the county to NJB Properties and a project lease by NJB Properties to the county of a medical services and office building, including parking facilities, to be constructed on such site; authorizing the county executive to execute the ground lease and project lease with NJB Properties and an agreement with Harborview Medical Center; approving certain provisions of the development and financing plan of NJB Properties including the county's pledge of taxation and credit to pay rent as required by the project lease; agreeing to take unencumbered title to the building when bonds issued by NJB Properties are discharged; removing the remaining work on the Ninth and Jefferson building from the Harborview Bond Program and approving certain other provisions of the build-to-suit, lease-lease back transaction; and establishing independent project oversight of the Ninth and Jefferson Building development.
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BE IT ORDAINED BY THE COUNCIL OF KING COUNTY:
SECTION 1. Findings:
A. King County maintains Harborview Medical Center as a county hospital, pursuant to state law, for the primary purpose of providing comprehensive health care to the indigent, sick, injured or infirm of the county, and is dedicated to the control of illness and the promotion and restoration of health within the King County area.
B. The county entered into an "Agreement for Project Management Services between Harborview Medical Center Board of Trustees and King County and the University of Washington relating to the Harborview Medical Center Bond Program" dated March 13, 2002 ("management agreement") as authorized by Ordinance 14295. The management agreement authorized the University of Washington to manage the Harborview Medical Center bond program ("bond program"), which includes the design and cons...