CITY OF SEATTLE
ORDINANCE __________________
COUNCIL BILL __________________
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AN ORDINANCE relating to City finances; creating a fund for depositing General Fund proceeds related to preservation and revitalization of Seattle's Central District and Southeast Seattle community.
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WHEREAS, the Central District and Southeast Seattle neighborhoods have experienced significant displacement, gentrification, and cultural erosion over the past several decades; and
WHEREAS, preserving the physical character, cultural heritage, and social fabric of these communities is vital to honoring the legacy and contributions of their historic residents; and
WHEREAS, The City of Seattle recognizes the importance of place-based investment to ensure that historically rooted communities can thrive in the face of ongoing economic and demographic change; and
WHEREAS, equitable development strategies are essential to preventing further displacement and to fostering inclusive growth that benefits all residents; and
WHEREAS, cultural spaces, small businesses, and community institutions are critical to maintaining the identity and resilience of neighborhoods like the Central District's and Southeast Seattle's neighborhoods; and
WHEREAS, the City has a responsibility to support community-driven efforts that reflect the values, history, and aspirations of residents with deep ties to the neighborhood; and
WHEREAS, the establishment of a dedicated fund will provide a sustainable mechanism for channeling public and private resources into initiatives that strengthen the Central District's and Southeast Seattle's future while honoring their past; and
WHEREAS, this ordinance aligns with the City's broader goals of racial equity, social justice, and inclusive economic opportunity; and
WHEREAS, community members, organizations, and stakeholders have called for dedicated resources to support cultural preservation, economic development, and community-led revitalization in the Central District and...
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