CITY OF SEATTLE
ORDINANCE __________________
COUNCIL BILL __________________
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AN ORDINANCE relating to the Office of Housing and the Department of Finance and Administrative Services; authorizing the acceptance of a transfer of real property near the Mount Baker light rail station from the University of Washington for the purpose of development of affordable housing and other potential educational, research, and clinical uses by the University, including an early learning facility, and for general municipal purposes; placing the property under the jurisdiction of the Office of Housing; authorizing the Department of Finance and Administrative Services to take custodial management of the property, including leasing, collection of rents, payment of expenses, and other property management duties; and ratifying and confirming certain prior acts.
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WHEREAS, consistent with Section 7038 of Chapter 413 of the 2019 Laws of Washington, as amended by Section 7009 of Engrossed Substitute Senate Bill 6248 (2020) ("State Budget Bill"), the University of Washington is transferring to The City of Seattle three real property parcels opposite the Mount Baker Link light rail transit station that were previously used for the University of Washington Consolidated Laundry Services, known as the "UW Laundry site"; and
WHEREAS, the State Budget Bill states the transfer is for the purposes of developing affordable housing, including supportive housing, for households at or below 80 percent of the area median income, and for other potential educational, research, and clinical uses by the University of Washington, including an early learning facility; and
WHEREAS, The City of Seattle will receive the parcels at no cost; and
WHEREAS, the State Budget Bill states that the City shall seek to maximize the affordable housing development potential of the property consistent with transit-oriented development principles and that liabilities existing on the property at the time of trans...
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