SEATTLE CITY COUNCIL - Record No: CB 120584

• Record No: CB 120584
• Version: 1
• Council Bill No: CB 120584
• Type: Ordinance (Ord)
• Status: Passed
• Current Controlling Legislative Body: City Clerk
• On agenda: 6/13/2023
• Ordinance No: Ord 126837
• Title: AN ORDINANCE relating to low-income housing; requesting that a special election be held concurrent with the November 7, 2023 general election for submission to the qualified electors of the City of a proposition to lift the limit on regular property taxes under chapter 84.55 RCW in order to authorize the City to levy additional taxes for low-income housing for up to seven years; providing for interim financing pending tax receipts; creating a levy oversight committee; requiring annual progress reports; providing for implementation of programs with funds derived from the taxes authorized; exempting certain seniors, veterans with disabilities, and other people with disabilities who qualify under RCW 84.36.381; and ratifying and confirming certain prior acts.
• Sponsors: Teresa Mosqueda
• Supporting documents: 1. Summary and Fiscal Note, 2. Presentation, 3. Signed Ordinance 126837, 4. Affidavit of Publication
• Related files: Res 32093

Date	Ver.	Action By	Action	Result
6/13/2023	1	City Clerk	attested by City Clerk
6/13/2023	1	Mayor	returned
6/13/2023	1	Mayor	Signed
6/13/2023	1	City Clerk	submitted for Mayor's signature
6/13/2023	1	City Council	passed	Pass
6/7/2023	1	Select Committee on 2023 Housing Levy	pass	Pass
5/31/2023	1	Select Committee on 2023 Housing Levy	discussed
5/31/2023	1	Select Committee on 2023 Housing Levy	discussed
5/30/2023	1	City Council	referred
3/30/2023	1	Council President's Office	sent for review
3/29/2023	1	City Clerk	sent for review
3/29/2023	1	Mayor	Mayor's leg transmitted to Council

CITY OF SEATTLE
ORDINANCE _________________
COUNCIL BILL ____________
title
AN ORDINANCE relating to low-income housing; requesting that a special election be held concurrent with the November 7, 2023 general election for submission to the qualified electors of the City of a proposition to lift the limit on regular property taxes under chapter 84.55 RCW in order to authorize the City to levy additional taxes for low-income housing for up to seven years; providing for interim financing pending tax receipts; creating a levy oversight committee; requiring annual progress reports; providing for implementation of programs with funds derived from the taxes authorized; exempting certain seniors, veterans with disabilities, and other people with disabilities who qualify under RCW 84.36.381; and ratifying and confirming certain prior acts.
body
WHEREAS, the $290,000,000 housing levy authorized in Ordinance 125028 and approved by the voters in 2016 expires with the collection of 2023 property taxes; and
WHEREAS, the $145,000,000 housing levy authorized in Ordinance 123013 was approved by the voters in 2009; and
WHEREAS, the $86,000,000 housing levy authorized in Ordinance 120823 was approved by the voters in 2002; and
WHEREAS, the $59,211,000 housing levy authorized in Ordinance 117711 was approved by the voters in 1995; and
WHEREAS, the $49,975,000 housing levy authorized in Ordinance 112904 was approved by the voters in 1986; and
WHEREAS, the $48,170,000 low-income elderly and handicapped housing bond issue authorized in Ordinance 110124 was approved by the voters in 1981; and
WHEREAS, the low-income elderly and handicapped housing bond approved in 1981 and four housing levies approved in 1986, 1995, 2002, and 2009 have all exceeded goals for producing and preserving housing, and the 2016 Housing Levy programs are meeting or exceeding goals for housing production and assistance; and
WHEREAS, according to the Market Rate housing Needs and Supply Analysis commissioned by ...