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Chair’s package creates a Central District and Southeast Seattle Reinvestment Fund with $1.35 million seed
Summary
The balancing package includes a technical appropriation of $1,350,000 to establish a Central District and Southeast Seattle Reinvestment Fund; staff said enabling legislation will create the fund and a separate ordinance will set program parameters next year.
The chair’s balancing package contains a technical step to seed a new Central District and Southeast Seattle Reinvestment Fund with $1,350,000 moved through finance general, staff told the committee. Director Noble said enabling legislation will be transmitted to create the fund and that a second ordinance defining the fund’s parameters will be held for committee consideration next…
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