Legislation Details

File #: ORD 6915   
In control: City Council Regular Meeting
On agenda: 5/5/2026
Title: Ordinance (1) authorizing execution of a funding agreement with KidsQuest Children’s Museum to provide up to $10,000,000 in funds over the next two biennia to be used by KidsQuest to open a new facility in Bellevue, and (2) amending the City of Bellevue 2025-2026 General Fund budget to increase the appropriation by $4,500,000 from the Long-Range Planning Reserve to fund the initial installment.
Attachments: 1. Agenda Memo, 2. A. Phase 2 Funding Agreement between City of Bellevue and KidsQuest Children’s Museum with attachments, 3. B. Intercreditor Agreement, 4. C. Priority and Subordination Agreement, 5. Ordinance
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Title

Ordinance (1) authorizing execution of a funding agreement with KidsQuest Children’s Museum to provide up to $10,000,000 in funds over the next two biennia to be used by KidsQuest to open a new facility in Bellevue, and (2) amending the City of Bellevue 2025-2026 General Fund budget to increase the appropriation by $4,500,000 from the Long-Range Planning Reserve to fund the initial installment.