>> WE ARE RECORDING.
>> THANK YOU. GOOD MORNING. THI
IS A SPECIAL MEETING OF THE
GOVERNANCE NATIVE COMMUNITIES
AND TRIBAL GOVERNMENTS
COMMITTEE. THE DATE IS MONDAY,
MAY 15th AND THE TIME IS 9:34.
APOLOGIZE FOR BEING LATE. I AM
THE CHAIR OF THIS COMMITTEE,
DEBORA JUAREZ. WILL THE CLERK
PLEASE CALL THE ROLL?
>> ALEX PEDERSEN?
>> PRESENT.
>> COUNCILMEMBER TERESA
MOSQUEDA?
>> COUNCILMEMBER SAWANT?
>> PRESENT.
>> COUNCIL PRESIDENT DEBORA
JUAREZ?
>> PRESENT.
>> FOUR OR PRESENT.
>> THANK YOU FOR BEING HERE .
COUNCILMEMBER MOSQUEDA IS
EXCUSED FROM THE MEETING. WE
WILL MOVE ON TO THERE ARE
OBJECTIONS -- THE -- I'M NOT
HEARING OR SEEING OBJECTIONS.
THE AGENDA IS ADOPTED. IS MY
VOICE COMING THROUGH? SORRY TO
DO THAT.
>> YOU SOME GREAT.
>> OKAY, GOOD. I AM GOING TO DO
THE CHAIR'S REPORT . WE HAVE ON
ITEM, AS YOU KNOW ON THE AGENDA
AND IT IS A RESOLUTION ON THE
LONG-AWAITED REDEVELOP AND OF
MEMORIAL STADIUM. THIS COMMITTE
MEETING WILL ALSO BE AN
OPPORTUNITY TO LEARN MORE ABOUT
THE MEMORIAL STADIUM
REDEVELOPMENT PROJECT MORE
BROADLY, INCLUDING SOME
BACKGROUND AND DESCRIPTIONS OF
THE PROJECT AND FUNDING AND THE
HISTORY AND NEGOTIATIONS BETWEE
THE SEATTLE PUBLIC SCHOOL
DISTRICT AND THE MAYOR'S OFFICE
AND THE LEGISLATIVE BRANCH AND
WE HAVE BRIAN HERE AS WELL. WE
WILL HAVE A POWERPOINT AND I
WANT TO GIVE A BRIEF HISTORY OF
SOME OF THE ISSUES THAT I THINK
ARE IMPORTANT. I WILL MAKE SURE
I INCLUDE THIS IN ANOTHER EMAIL
TO MY COLLEAGUES BECAUSE I AM
GOING TO ASK -- I WILL DO THIS
LEADER. SO, LET ME JUST GIVE YO
A LITTLE BIT OF BACKGROUND THAT
THIS ISSUE AND REDEVELOPING
MEMORIAL STADIUM GOES BACK
ALMOST 30 YEARS. SO, I WANT TO
BRING YOU UP TO DATE ON THE MOS
RECENT AGREEMENTS BETWEEN THE
CITY AND THE SCHOOL DISTRICT.
SO, IN 2017, YOURS TRULY, WITH
OTHER MAYORS, DID A PARTNERSHIP
AGREEMENT IN 2021. WE DID A
LETTER OF INTENT AND FEBRUARY
2022, AS YOU KNOW, THE SCHOOL
DISTRICT, A CAPITAL LEVY WAS
PASSED, KNOWN AS -- WHICH
INCLUDED 66.5 MILLION FOR
FUNDING FOR THE REPLACEMENT OF
MEMORIAL STADIUM. IN NOVEMBER O
2022, WE DID A MEMORANDUM OF
AGREEMENT WITH SEATTLE PUBLIC
SCHOOLS AND THE SEATTLE PUBLIC
SCHOOL DISTRICT AND PUT TOGETHE
A TEAM AND YOU'LL HEAR MORE
ABOUT IT. IT IS NEGOTIATING WHA
THIS WOULD LOOK LIKE WITH THE
PRIORITY GIVEN TO THE SCHOOL
DISTRICT. IT IS THE SCHOOL
DISTRICT PROPERTY. FINALLY, WE
PUT -- THERE IS MORE. THERE IS
REQUEST FOR A PROPOSAL THAT WAS
ISSUED ON MARCH 20th OF THIS
YEAR AND THE DEADLINE FOR
RESPONDING TO THAT WITH
PROPOSALS FOR THE PROJECT WAS
MAY 2nd. AS IT HAS BEEN REPORTE
PUBLICLY, TWO PROPOSALS WERE
SUBMITTED AND WE UNDERSTAND THE
EXECUTIVE OS GOAL AND
CONSULTATION WITH OUR COMMITTEE
AND CENTRAL STAFF IS TO SELECT
WINNING PROPOSAL, A WINNING
PROPOSER, BY MONDAY, MAY 22nd.
VERY AMBITIOUS, BUT LET'S HOPE
WE CAN GET THIS DONE. NO ELECTE
OFFICIALS ARE INCLUDED OR WERE
INCLUDED OR ARE INCLUDED ON THE
EVALUATION COMMITTEE, HOWEVER W
DO HAVE COUNCIL PARTICIPATION
FROM THE STAFF INCLUDING BRIAN
GOODNIGHT . AS YOU ALL KNOW, WE
HAVE AN ELECTRONIC NOTEBOOK WIT
ALL THE DOCUMENTS AND ALL THE
INFORMATION AND THE HISTORY AND
I AM GUESSING MY PANEL WILL
CORRECT ME IF I AM WRONG . THE
SCHOOL DISTRICT, AS YOU KNOW,
VOTED FOR $66.5 MILLION AND I
BELIEVE THE CITY WILL PUT IN $4
MILLION AND I BELIEVE THE STATE
IS PUTTING IN $4 MILLION? WE CA
COME BACK TO THOSE NUMBERS IN A
MOMENT. THAT IS MY REPORT FROM
THE PRESIDENT. THAT IS A BRIEF
OVERVIEW AND YOU WILL HEAR MORE
DETAIL AND YOU CAN ASK MANY MOR
QUESTIONS ABOUT THE FINANCING
FROM THE PEOPLE THAT ARE ON OUR
PANEL TODAY. SO, WITH THAT, WE
WILL MOVE TO PUBLIC COMMENT.
MADAM CLERK, HOW MANY COMMENTER
DO WE HAVE SIGNED UP?
>> THERE ARE ZERO REMOTELY AND
ONE IN PERSON.
>> ALL RIGHT, THIS IS OUR FRIEN
-- I FORGOT.
>> THIS IS OUR FRIEND AND I
UNDERSTAND , I WILL LET HIM
SPEAK. HE IS A GOOD FRIEND AND
THE WORK HE DOES -- HE IS
LEAVING THE GREAT ORGANIZATION.
I WILL DO IT MY NORMALLY DO NO
DO AND I WILL ALLOW THE SPEAKER
A LITTLE MORE TIME, THREE
MINUTES BECAUSE I WANT TO ALSO
THANK HIM FOR HIS HARD WORK AND
EVERYTHING HE HAS DONE IN THE
SEVEN OR EIGHT YEARS I HAVE BEE
HERE WORKING WITH HIM. I WILL
LET THE SPEAKER -- LET ME TELL
YOU WHAT THE INSTRUCTIONS ARE.
WE WILL NOT DO THE RECORDING.
THERE ARE INSTRUCTIONS THAT ARE
PRETTY STRAIGHTFORWARD. WE LIKE
THIS TO BE A GOOD PLACE WHERE
PEOPLE CAN HAVE AN OPINION AND
SPEAK TO THE AGENDA AND SPEAK T
ITEMS REGARDING OUR WORK PLANS
AND WE ASK YOU BE RESPECTFUL AN
THAT YOU LISTEN TO OTHERS SPEAK
AND WITH THAT, I WILL HAND IT
OVER TO YOU, OUR SPEAKER. GO
AHEAD.
>> THANK YOU, COUNCIL PRESIDENT
WAR AS AN THANK YOU TO THE REST
OF THE COUNCIL FOR YOUR SERVICE
TO OUR CITY. I HAVE BEEN HONORE
TO BE THE FOUNDATION MANAGER.
WAS RETIRING ON JUNE 2nd AS THE
EXECUTIVE DIRECTOR. I RETIRED -
THEY HAVE USED COLLABORATION
AND PARTNERSHIPS WITH SKI
RESORTS AND PARKS DEPARTMENTS
AND HOSPITALS AND SCHOOLS TO
ENRICH THE LIVES OF CHILDREN AN
ADULTS WITH DISABILITIES. IT IS
CLEAR WHY WE DO SO. TOGETHER, W
CAN ACHIEVE MORE FOR THESE
INDIVIDUALS WITH DISABILITIES
AND THE OVERALL COMMUNITY. AS
THE CITY OF SEATTLE CONTINUES
FORWARD WITH ITS BUSINESS,
ENCOURAGE YOU TO CONTINUE TO
FOSTER CLEAR PUBLIC-PRIVATE
PARTNERSHIPS AND GUIDELINES FOR
THESE PARTNERSHIPS AS THE MOST
EFFICIENT AND EFFECTIVE WAY TO
SERVE OUR COMMUNITY ESPECIALLY
IN THIS CASE WITH MEMORIAL
STADIUM. I HAVE BEEN TO MEMORIA
STADIUM ON TOO MANY OCCASIONS T
COUNT AS A PARENT AND AS A
PARTICIPANT MYSELF AND AS A
CONCERTGOER. IT IS SUCH A
COMMUNITY TREASURE THAT NEEDS
OUR INVESTMENTS AND SUPPORT AND
I ENCOURAGE THIS PARTNERSHIP TO
CONTINUE WITH CLEAR GUIDELINES.
I ALSO WANT TO THANK
COUNCILMEMBER PEDEREN FOR HIS
SUPPORT . WE HAVE BEEN DOING
SOME PRETTY AMAZING THINGS FOR
PEOPLE WITH DISABILITIES
THROUGHOUT THE CITY, BUT
ESPECIALLY AT MAGNUSON PARK. WE
ARE THANKFUL FOR THEIR SUPPORT
FOR EQUITY AND USING
PARTNERSHIPS AND COLLABORATION
AS A MEANS TO DOING THAT. THANK
YOU VERY MUCH.
>> THANK YOU. I WANT TO TAKE A
POINT OF PRIVILEGE TO SAY I KNO
-- AM SORRY -- WE HAVE BEEN
WORKING TOGETHER SINCE I GOT
ELECTED AND YOU HAVE BEEN SUCH
GOOD FRIEND . IT IS NO SECRET I
HAVE MS. I WANT TO THANK YOU
AND I KNOW THAT YOU ARE NOT
GOING ANYWHERE. SO, THANK YOU.
ALL RIGHT, MADAM CLERK, GUESS
THAT IS THE END OF THE PUBLIC
COMMENT?
>> THAT IS THE END.
>> ALL RIGHT, THANK YOU. WITH
THAT, PUBLIC COMMENT IS NOW
CLOSED. I DO NOT SEE ANY REASON
TO EXTEND IT. MADAM CLERK,
PLEASE READ AGENDA ITEM ONE INT
THE RECORD.
>> AGENDA ITEM 1. A RESOLUTION
ESTABLISHING THE CITY'S SUPPORT
FOR NEW MEMORIAL STADIUM AT
SEATTLE CENTER TO BE DEVELOPED
THROUGH A PUBLIC/PRIVATE
OWNERSHIP BETWEEN THE CITY OF
SEATTLE AND SEATTLE PUBLIC
SCHOOLS AND A PRIVATE PARTNER.
>> THANK YOU, SARA. WHAT WE
HAVE IN FRONT OF US IS THE
RESOLUTION AND I FORGET THE
NUMBER HERE. OH, RESOLUTION
32092. I WOULD LIKE TO INTRODUC
THE INTERIM DIRECTOR OF SEATTLE
CENTER AND DIRECTOR FOSTER.
WILL YOU INTRODUCE YOUR PANEL?
SEE SOME LADIES HERE. GO AHEAD.
>> YES, GOOD MORNING COUNCIL
PRESIDENT AND COMMUNITY MEMBERS
THIS MORNING, WE HAVE A DIRECTO
OF SPECIAL PROJECTS WITH THE
MAYOR'S OFFICE AND DAVID, THE
PROJECT DIRECTOR FOR SEATTLE,
FOR MEMORIAL STADIUM ALONG WITH
JACKIE KAREN.
>> OH, AND YOU ALSO HAVE BRIAN
GOOD NIGHT. HE IS FROM CENTRAL
STAFF. WE DO NOT WANT TO FORGET
ABOUT HIM. LET'S DO THIS THEN,
NOW THAT WE HAVE THAT OUT OF TH
WAY. I APOLOGIZE. I AM TRYING T
REMEMBER THIS. I WILL GO AHEAD
AND LET YOU DO YOUR
PRESENTATION.
>> ALL RIGHT. THANK YOU VERY
MUCH. GIVE ME JUST A SECOND.
>> I AM GUESSING YOU DID NOT
UPDATE THE POWERPOINT FROM
FRIDAY?
>> WE HAVE THE SAME ONE THIS
MORNING.
>> OKAY, GREAT.
>> AGAIN, GOOD MORNING AND THAN
YOU FOR THE TIME. WE ARE EXCITE
TO BE HERE IN FRONT OF YOU TO
TALK ABOUT, AS YOU SAID COUNCIL
PRESIDENT, A PROJECT THAT HAS
BEEN YEARS, IF NOT DECADES IN
THE MAKING. I THINK EVERYONE IS
FAMILIAR WITH MEMORIAL STADIUM.
IT IS A 75-YEAR-OLD FACILITY,
WHICH WE HAVE BEEN IN
PARTNERSHIP WITH THE SCHOOL
DISTRICT ON ITS OPERATIONS FROM
VERY EARLY ON. IT IS A CRITICAL
PART OF THE SEATTLE CAMPUS AND
WE ARE VERY EXCITED TO BE AT TH
POINT WHERE WE ARE ABLE TO COME
FORWARD AND TALK TO YOU ABOUT A
PARTNERSHIP WITH THE DISTRICT
TO REDEVELOP THE STADIUM. AT
THIS POINT, WE THINK IT IS TIME
TO REPLACE IT. WE CAN HAVE AN
INCREDIBLE NEW STATE-OF-THE-ART
FACILITY FIRST AND FOREMOST A
SERVER PUBLIC-SCHOOL STUDENTS
AND ALSO TO BE A CRITICAL PART
OF THE SEATTLE CENTER. I AM
SURE THAT YOU KNOW THAT STADIUM
IS A CENTER FOR OBVIOUSLY
STUDENT ATHLETICS AND
GRADUATIONS, BUT ALSO SOME OF
THE MAJOR, YOU KNOW, PUBLIC
MOMENTS AT SEATTLE CENTER,
WHETHER IT IS AN INCREDIBLE
MUSIC EXPERIENCE . MANY OF OUR
OTHER FESTIVALS THAT ALSO HAVE
ENJOYED THE USE OF THAT STADIUM
OVER THE YEARS. AS WE LOOK
FORWARD TO THE FUTURE OF SEATTL
CENTER, HAVING A NEW STADIUM
WILL BE AN ENORMOUS ASSET TO AL
OF THE PUBLIC PROGRAMS THAT WE
OFFER THE COMMUNITY. WE ARE
VERY EXCITED TO HAVE THE
DISTRICT AS OUR PARTNER AND AS
YOU DESCRIBED THE COUNCIL
PRESIDENT TO BE LOOKING FOR A
PARTNER, A PRIVATE PARTNER TO
STEP IN AND WORK WITH US, TO BE
ABLE TO REDEVELOP THAT FACILITY
AND HAVE AN INCREDIBLE NEW
FACILITY FOR THE FUTURE. THE
RESOLUTION THAT IS BEFORE YOU
TODAY HAS THREE KEY THINGS.
FIRST, IT AIMS TO AFFIRM THE
DIRECTION WE ARE ON. AS YOU
MENTIONED, WE HAVE HAD SEVERAL
MOUs AND LETTER AGREEMENTS WIT
THE DISTRICT TO SORT OF SET THE
STAGE FOR THIS. BUT WE ARE NOW
AT A POINT WHERE WE ARE MOVING
DOWN THE PATH AND WE WOULD LIKE
TO AFFIRM THE OVERALL DIRECTION
MAKES SENSE IN TERMS OF THE COR
GOALS OF SUPPORTING STUDENTS AN
SUPPORTING THE FACILITIES AND
INTEGRATION WITH THE CAMPUS. TH
SECOND KEY THING IT DOES IS IT
ASKS THE EXECUTIVE TO ADVANCE
ONCE A PARTNER IS SELECTED, TO
ADVANCE NEGOTIATING AGREEMENTS
WITH THEM FOR THE BUILDING AND
THEN ULTIMATELY TO BRING THOSE
AGREEMENTS BACK FOR THE CITY
COUNCIL'S CONSIDERATION. ONE
IMPORTANT THING I WANT TO FLAG
IS WE HAD A PRETTY HIGH LEVEL.
WE DO NOT HAVE ANY DETAILED
TERMS NEGOTIATED. WE KNOW WHAT
OUR PUBLIC GOALS ARE. WHEN YOU
SEE THOSE IMPLEMENTED AGREEMENT
LATER THIS SUMMER, THAT IS WHEN
YOU WILL SEE SPECIFICS ON THE
FINANCIAL TERMS AND OTHER
ASPECTS COME FORWARD. AND THEN
THE THIRD THING THE RESOLUTION
DOES IS IT REALLY FOCUSES US O
DOING GREAT COMMUNITY
ENGAGEMENT, ROBUST ENGAGEMENT
OVER THE COURSE OF THE SUMMER
WITH THE COMMUNITY AROUND THIS
PROJECT. ONCE WE HAVE THAT
PARTNER SELECTED, WE CAN REALLY
ROLL UP OUR SLEEVES AND DO THAT
WORK. SO, THAT IS JUST A QUICK
INTRO OVERALL. I WILL TURN IT
OVER TO DAVID, WHO WILL WALK YO
THROUGH A HIGH-LEVEL SUMMARY OF
A LITTLE MORE ABOUT THE STADIUM
AND HOW THE PROCESS WILL WORK.
>> ALL RIGHT, THANK YOU,
MARSHALL. THANK YOU,
COUNCILMEMBERS. AS MENTIONED, I
WALKED THROUGH A HIGH LEVEL. MY
PARTNERS MAY JUMP IN IF NEED BE
BUT WE WILL HIT THE POINTS YOU
HAVE HEARD AND SOME ADDITIONAL
ONES. THE HIGHLIGHTED ONES, AS
NOTED, THIS SITE HAS BEEN AN
IMPORTANT PART OF SEATTLE AND
NORTHWEST HISTORY. OBVIOUSLY,
SINCE THE WORLD'S FAIR.
CURRENTLY, IT IS WELL LOVED AN
SINCE WORKING ON THIS PROJECT,
EVERYONE WE HAVE SPOKEN TO HAS
STORY ABOUT THIS FACILITY AND
THAT IS VERY EXCITING, WHETHER
YOU ARE A STUDENT ATHLETE OR YO
HAVE ATTENDED AN EVENT HERE. IT
SEEMS LIKE THIS THIS LOCATION
HAS A SPECIAL PLACE IN PEOPLE'S
HEARTS. SO, OBVIOUSLY THIS IS
PART OF WHAT WE ARE TRYING TO
CAPTURE. NEXT. SO, THE EXISTING
CONDITIONS, I THINK WE ARE ALL
VERY MUCH AWARE OF THE
CONDITIONS OF THE FACILITY. THE
DISTRICT HAS BEEN ABLE TO KEEP
UP WHAT IS NECESSARY TO KEEP I
ACTIVE FOR STUDENT ATHLETES, BU
AS YOU CAN SEE, EVEN FROM THIS
IMAGE, THERE ARE A LOT OF
DIFFERENT MAINTENANCE LOCATIONS
WE ARE AT A POINT NOW WHERE WE
BELIEVE WE ARE COMING TO THE EN
ITS USEFUL LIFE AND IN ADDITION
TO THAT, AS YOU CAN IMAGINE,
THERE ARE A MYRIAD OF CODES THA
WE WOULD LIKE TO GET THIS
FACILITY UP TO, SO IN ADDITION
TO DOING THE SORT OF FUNCTIONAL
REQUIREMENTS, IT REALLY CRATES
AN OPPORTUNITY. THAT IS REALLY
WHAT WE ARE HERE TO TALK ABOUT.
IT IS CREATING AN OPPORTUNITY T
NOT ONLY REPLACE A FACILITY IN
KIND BUT ALSO MAKE IT SOMETHING
MUCH GREATER THAT REALLY
INTEGRATES WITH THE SEATTLE
CENTER CAMPUS AND MEETS SOME OF
THE GOALS OF THE CITY IN
ADDITION TO THE PARTNER AT THE
SCHOOL. MARSHALL? SO, THIS LIGH
HIGHLIGHTS SOME OF THE WORK THA
HAS BEEN DONE TO DATE WITH OUR
SCHOOL DISTRICT PARTNERS. THER
HAS BEEN WORK WITH STAKEHOLDERS
AND VARIOUS ELEMENTS WITHIN THE
CITY AND THE SCHOOL DISTRICT,
TRYING TO BRING SOME OF THE
VALUE FORWARD FOR THE PROJECT
AND A FEW THAT I WILL HIGHLIGHT
HERE THAT ARE IN THE CENTER OF
THIS SCREEN REALLY STOOD HERE
WITH THE COMMUNITY AND SEATTLE
CENTER. YOU KNOW, THE STUDENT
FOCUS, THE STUDENT CENTER IS
VERY IMPORTANT HERE AND IT IS
EXCITING. IT IS ABOUT STUDENT
ATHLETES BUT IT IS MUCH BROADER
THAN THAT. IT IS ABOUT STUDENTS
IN WHATEVER THEY MIGHT INTERSEC
WITH THE FACILITY CURRENTLY AND
HOW THEY MIGHT INTERSECT IN THE
FUTURE. WE ARE REALLY LOOKING
FOR OPPORTUNITIES TO INTEGRATE
STUDENTS INTO NOT ONLY SPORTS,
BUT OTHER ELEMENTS OF STUDENT
LIFE AND THE FUNCTION OF THE
FACILITY AS WELL. WE HAVE CAST
WIDE NET WITH THE RFP AND ACTIN
THEM TO SEE ALL THE WAYS THAT
THEY MIGHT BE INCLUDED IN ALL
THE ELEMENTS, INCLUDING THE WAY
THAT THE FACILITY MIGHT BE RUN
IN HOSPITALITY AND MAINTENANCE
AND TECHNOLOGY AND EVERYTHING
LIKE THAT. MARSHALL? THIS IS
ANOTHER LIST OF THESE
PRINCIPLES. THESE ARE REALLY TH
VALUES THAT CAME FORWARD AND
THEN WORK THAT WAS DONE WITH TH
STAKEHOLDERS AND COMMUNITY
STAKEHOLDERS IN ADDITION TO THE
DISTRICT AND THE CITY AND I WIL
NOT RUN THROUGH THE LIST, BUT
YOU CAN SEE THE VALUES THAT WE
HAVE REALLY EMBEDDED INTO
EVERYTHING WITH OUR PARTNER AND
THAT WILL BE IMPORTANT. WE HAVE
ASKED THEM THROUGH THE PROCESS
TO REALLY HIGHLIGHT THESE EQUIT
THINGS. ALSO THE PUBLIC PROCES
THAT ALSO WILL FOLLOW HERE.
CENTERING STUDENTS, AGAIN, IT I
GOING TO BE VERY IMPORTANT. THE
DISTRICT HAS PLACED A HIGH VALU
ON HOW WE ARE GOING TO BE
REVIEWING THESE RFPs WHEN THEY
COME IN. IN ADDITION TO THE DEA
TERMS, WE WILL BE VERY MUCH
FOCUSED ON THAT. NEXT. I WILL
SPEND A LITTLE BIT OF TIME ON
THIS SLIDE BECAUSE I THINK IT I
IMPORTANT TO UNDERSTAND AND IT
WILL BE VERY IMPORTANT WHEN WE
COME FORWARD WITH A PROPOSAL.
SO, IF YOU LOOK AT THIS, PARCEL
A AND PARCEL B ARE BOTH OWNED B
THE SCHOOL DISTRICT. PARCEL A
IS PRIMARILY WHERE THE STADIUM
SITS CURRENTLY. YOU CAN SEE THA
IN THE PURPLE COLOR. AND THEN
THE HASH ELEMENTS ON PARCEL B,
THAT IS A PARKING LOT. AGAIN,
THAT IS OWNED ON FIFTH AVENUE
AND THEY USE THAT AS AN INCOME
SOURCE WITH THE RENTAL FOR THAT
HOWEVER, OF NOTE IS THE FACT
THAT THE STADIUM ACTUALLY
CROSSES THE CURRENT STADIUM,
BOTH PARCELS. THE MEMORIAL WALL
IS, IN FACT, TO THE RIGHT OF
THE PURPLE, RIGHT ON THE LINE.
THANK YOU, MARSHALL. THAT IS
HELPFUL. THE WALL IS RIGHT
THERE. IN THE RFP, WE ARE
OFFERING THE PROPOSAL TO
BASICALLY LOOK AT PARCEL A AND
PART OF PARCEL B FOR THE
LOCATION OF THE STADIUM. THEY
MAY ALSO, IF THEY WISH IN THEIR
PROPOSAL, CONSIDER THE REST OF
PARCEL B. IT IS IMPORTANT TO TH
DISTRICT, OF COURSE, THAT THEY
WOULD BE COMPENSATED FOR
WHATEVER THE PROPOSAL MIGHT BE
ON THAT PART OF THE SITE .
HOWEVER, IT IS OPEN TO PROPOSAL
TO BRING FORWARD SOMETHING THA
NOT ONLY MEETS THE NEEDS OF THE
STADIUM, BUT SOMETHING LARGER I
THEY WISH. I ALSO WANTED TO NOT
A COUPLE OF THE OTHER DASHED
LINES. THOSE ARE EXISTING
EASEMENTS, INCLUDING THE ONE IN
RED, WHICH IS TO THE NORTH,
WHICH IS THE CURRENT STANCE
WHICH CROSSES OVER CITY PROPERT
AND BRINGS IT CLOSE TO McCALL
HALL. THANK YOU, MARSHALL. IN
TERMS OF THE PROGRAM
REQUIREMENTS, THE RFP GOES INT
GREAT DETAIL ABOUT THE STADIUM
AND ALL THE ELEMENTS THAT ARE
INCLUDED. I DID WANT TO SPEAK T
SOME OF THE ELEMENTS THAT ARE
IMPORTANT TO SEATTLE CENTER .
THE OPEN-SPACE EXPANSION IS AN
IMPORTANT ONE. WE ARE ALWAYS
LOOKING AT WAYS TO INTEGRATE
INTO THE CAMPUS AND ALLOW MORE
OPPORTUNITY FOR PROGRAMMING INT
OPEN SPACES. WE DO HAVE SOME
PHYSICAL ELEMENTS THAT ARE
IMPORTANT TO US TO INTEGRATE,
SHOPS AND WAREHOUSES. I WILL
HIGHLIGHT THESE PARTICULAR ONES
THAT IS CURRENTLY OFF-SITE AND
WE CURRENTLY LEASE A SPACE AND
WE WOULD LOVE TO BRING THAT BAC
TO THE CAMPUS, NOT ONLY TO
INTEGRATE IT, BUT ALSO TO BE
ABLE TO SUPPORT IT ON CAMPUS I
THE FUTURE. LOOKING AT WAYS TO
INTEGRATE THAT INTO THE
FACILITY, THE EXISTING
WAREHOUSE, FOR EXAMPLE, IS UNDE
THOSE STANDS. WE DO HAVE AN
INTEGRATION OF SOME OF THESE
HOUSE SPACES CURRENTLY. WE ARE
LOOKING TO CONTINUE THAT, OF
COURSE. AND THEN THIS PARTICULA
AREA, THIS IS A PUBLIC BIKE AND
WALK PATH THAT PASSES THROUGH
PART OF THE CAMPUS. IT DOES NOT
CONNECT ALL THE WAY TO FIFTH
AVENUE. WE WOULD LOVE TO
COMPLETE THAT AS A WAYFINDING
AND IMPORTANT EGRESS POINT
ACROSS CAMPUS IF WE ARE ABLE TO
AND THEN, FINALLY, THE LAST
THING TO HIGHLIGHT IS THE
INTERROGATION CONNECTIONS. ONE
OF THE BIGGEST GOALS OF THIS
PROJECT IS TO BRING DOWN THE
WALLS OF THE CURRENT STADIUM AN
TO MAKE IT MORE VISUALLY
INTEGRATIVE BUT ALSO ALL THE
EDGES AROUND THOSE SPACES ARE
IMPORTANT AND THOSE ARE
IMPORTANT FOR PROGRAMMING TO
SEATTLE CENTER'S. WE CAN SUPPOR
NOT ONLY LARGE VENDORS WHO CALM
AND PERHAPS PERFORM, BUT ALSO
VERY SMALL ONES AS WELL AND ALL
OF THOSE SPACES MAKE THOSE
OPPORTUNITIES. AND THEN I WANT
TO HIGHLIGHT DESIGN EXCELLENCE
WILL BE VERY IMPORTANT AS WE TR
TO INTEGRATE TO OUR EXISTING
CAMPUS. THANK YOU, MARSHALL.
THIS IS A VERY HIGH-LEVEL
SCHEDULE. IT IS REALLY INTENDE
TO LAY OUT THE STEPS. ONCE WE D
HAVE A PARTNER, AND WE DO ENTER
INTO CONTRACT NEGOTIATIONS, WE
CAN GET MORE SERIOUS ABOUT THAT
I JUST WANTED TO HIGHLIGHT THE
PROCESS AFTER WE HAVE SELECTED
PARTNER , NEGOTIATIONS WILL BE
VERY IMPORTANT. IT IS HARD TO
KNOW WHAT THAT WILL LOOK LIKE
BECAUSE WE WILL HAVE TO WAIT TO
SEE WHAT THE PROPOSALS ARE.
FOLLOWING THOSE NEGOTIATIONS IS
WHEN WE WOULD BE BACK TO THE
COUNCIL WITH THE IMPLEMENTING
AGREEMENTS . AND THEN IN TERMS
OF THE TIMING OF THE OVERALL
PROJECT, AGAIN, THAT WILL DEPEN
ON WHAT THE FINAL PROPOSAL IS.
WE ARE CERTAINLY HOPING TO
COMPLETE THE PROJECT WITH A GOA
OF THE END OF DECEMBER OF 2027.
AND WITH THAT, I THINK THAT IS
THE END OF THE POWERPOINT AND I
WILL HAND IT BACK TO MARSHALL.
THANK YOU.
>> OKAY, THANK YOU SO MUCH. I
JUST WANTED TO, AS WE EMPHASIZE
ONE THING IN TERMS OF THE
FINANCIAL SIDE OF THE PROJECT,
ONE THING THAT I THINK WE HAVE
LEARNED FROM OTHER PARTNERSHIPS
LIKE THIS IS THE IMPORTANCE OF
BEING REALLY CLEAR ABOUT, YOU
KNOW, WHAT ARE THE CITY'S
EXPECTATIONS GOING TO BE? WE
INCLUDED IN THE LANGUAGE THAT A
THE PRESIDENT, THERE IS BOTH
SCHOOL DISTRICTS AND CITY
FUNDING THAT HAS BEEN IDENTIFIE
FOR THE PROJECT. BUT THAT IS TH
EXTENT OF THE CITY OF P█UBLIC
FUNDING AVAILABLE. CITY FUNDING
AVAILABLE FOR THE PROJECT. WE
REALLY ARE LOOKING AT, AS
PROPOSALS COME FORWARD, THAT
THEY'VE FOCUS ON THAT. AS THEY
ARE FUNDING FROM US, AND ALSO I
TERMS OF -- THOSE QUESTIONS AS
THE PROJECT DEVELOPS. WE
ANTICIPATE THE PROJECT PROPOSER
TO CARRY THOSE RISKS. JUST
THINKING ABOUT, KIND OF, BEING
PHYSICALLY RESPONSIBLE. WE HAVE
BEEN CLEAR ON THOSE POINTS AS W
HAVE ESTABLISHED THE APPROACH.
>> SO?
>> A RIGHT AHEAD.
>> BEFORE -- I WILL HAND IT
OVER TO SOME COLLEAGUES THAT
HAVE A LOT OF QUESTIONS. THANK
YOU FOR THE POWERPOINT. I WANT
TO CLARIFY SOME ISSUES. I THINK
WE ARE GOING TO NEED TO SPEND
SOME TIME ON PAGE 1 OF THE
RESOLUTION REGARDING THE 21
MILLION INVESTMENT AND ALSO THE
BUDGET ACTION TO MAKE SURE THA
WE EXPRESS THE COUNCILS INTEND
TO WORK WITH THE MAYOR AND
SEATTLE CLERK SCHOOLS TO TO LOO
AT FUNDING ABOVE THE $25 MILLIO
MARK. WE PASSED THAT IN THE LAS
BUDGET CYCLE. HOPEFULLY, THE
TOTAL WILL BE ON THE CITY SIDE
OF $40 MILLION. I WANTED -- NEE
TO PUT THAT OUT THERE. SORRY, I
WAS NOT A LITTLE MORE CLEAR. I
WANT TO GO BACK TO DAVID. DAVID
CAN YOU LET PEOPLE KNOW YOUR
BACKGROUND? I GOT A COPY OF
WHAT YOU DO, BUT I WOULD LIKE M
COLLEAGUES TO KNOW YOUR TITLE
AND WHAT YOU DO FOR THE CITY AN
THEN I HAVE A FEW FOLLOW-UP
>> THANK YOU, COUNCIL PRESIDENT
I HAVE BEEN WITH THE CITY COMIN
UP 24 YEARS. I AM TO AN
ARCHITECT AND I HAVE WORKED ON
MANY PROJECTS, INCLUDING
LIBRARIES FOR ALL AND ALSO THE
FIRE STATION REPLACEMENT PROGRA
AND MOST RECENTLY, FAS, AS THE
DIRECTOR OF CAPITAL DEVELOPMENT
AND I WAS ASKED TO COME AND WOR
SPECIFICALLY ON THIS PROJECT.
AM AT THE SEATTLE CENTER. I AM
VERY EXCITED TO COME AT THIS
VERY IMPORTANT MOMENT IN TIME.
MY BACKGROUND IS ALL IN
DEVELOPMENT, PUBLIC DEVELOPMENT
AND I APPRECIATE THE OPPORTUNIT
TO COMMENT. I JUST WANT TO SAY
HAVE BEEN PART OF A LOT OF THES
PROJECTS IN THE CITY AND OTHER
ORGANIZATIONS BEFORE, BUT IT
REALLY FEELS EXCITING WITH OUR
SCHOOL DISTRICT PARTNERS THAT
THE TIMING IS RIGHT AND I THINK
WE FINALLY HAVE GOTTEN TO A
POINT WHERE A LOT OF SHARED
VALUES ARE HERE WE HAVE THE
OPPORTUNITY FOR A GREAT
FACILITY. THANK YOU SO MUCH.
>> I KNOW YOUR BACKGROUND FROM
HOW YOU WERE WITH THE KING
COUNTY LIBRARY SYSTEM AND THE
SEATTLE PUBLIC LIBRARY. DOING
CAPITAL PROJECTS. PUBLIC DEBT
FINANCING, GOVERNMENT BONDS. I
JUST WANTED PEOPLE TO KNOW THAT
WE DO HAVE THAT EXPERTISE COMIN
FROM THE SEATTLE SIDE AND
WORKING WITH THE SCHOOL
DISTRICT. THE OTHER ISSUE WAS
THERE TWO OTHER THINGS I WANT T
BRING UP. YOU BROUGHT IT UP IN
THE POWERPOINT, THAT THE
PRIORITY IS FOR THE SEATTLE
PUBLIC SCHOOL AND SEATTLE PUBLI
SCHOOL DISTRICT BECAUSE THEY
HAVE THAT PARKING LOT AND THAT
IS A SOURCE OF REVENUE. IT WILL
CONTINUE TO BE ONE. AS YOU SAID
IT IS ALL ABOUT PUBLIC SCHOOLS.
THAT IS WHAT HAS TAKEN US SO
LONG. THAT IS THEIR PROPERTY
AND HOW HER JOB IS TO MAKE IT
BETTER AND WORK WITH THEM. WE
HAVE A REVENUE STREAM THAT IS
MORE FOR THE SEATTLE PUBLIC
SCHOOL DISTRICT AND THE STUDENT
AND THAT IS WHY THE LEVY PASSED
IN 2022. I THINK THE GOOD VOTER
SAW THAT. THE OTHER POINT IS
THIS. WOULD YOU MIND SHARING,
LESS ANOTHER PANELIST WILL SAY
SOMETHING, THERE IS NO ONE
LISTING TO THE COMMUNITY
STAKEHOLDERS ARE . IN MY
PRESIDENTS REPORT, I SAID THIS
BEFORE AND I SAID IT LAST WEEK,
I WANTED TO MAKE CLEAR THAT THI
IS NOT A POLITICIZED POSITION.
THERE ARE NO ELECTIVES ON THAT
BOARD, MAKING THESE
DETERMINATIONS. THIS IS A
COMBINATION OF SEATTLE PUBLIC
SCHOOLS THAT HAVE
REPRESENTATIVES. THE CITY OF
SEATTLE. IS THERE A DISTINCTION
ON THAT, THE TWO DIFFERENT
WORKING GROUPS OR PANELS OR
WHATEVER YOU ARE CALLING THEM?
>> DO YOU HAVE YOUR HAND UP?
>> THANK YOU VERY MUCH. I DO
WANT TO CALL OUT ANOTHER PARTNE
THAT WE HAVE NOT TALKED ABOUT
AND THAT IS THE SEATTLE CENTER
FOUNDATION. THEY HAVE DONE SOME
VERY GOOD WORK CONVENING IN THE
COMMUNITY. THEY HAVE HAD SOME
COMMUNITY CONVERSATIONS FROM
LAST YEAR. THEY BROUGHT TOGETHE
A WIDE VARIETY OF
REPRESENTATIVES FROM YOUTH
ADVOCATES AND SPORTS ADVOCATES
AND PROFESSIONAL SPORTS AND
COMMUNITY LEADERS AND THOSE WHO
ARE DEDICATED TO INFUSING EQUIT
INTO THE PLANNING AND THE
DELIVERY OF THIS PROJECT. SO, W
HAVE A VERY GOOD START AND A
VERY ROBUST COMMUNITY ENGAGEMEN
PROCESS AND WE ARE ENGAGING
TOGETHER WITH THE SCHOOL
DISTRICT. THEY ARE HELPING US
DEVELOP A VERY ROBUST COMMUNITY
ENGAGEMENT PROCESS THAT WILL BE
DONE IN PARTNERSHIP WITH THE
WINNING PROPOSER.
>> OKAY, THANK YOU, JACKIE. GOO
TO SEE YOU. SINCE WE DO NOT HAV
IT IN A POWERPOINT, CAN YOU REA
OFF WHO THE STAKEHOLDERS ARE AN
LET ME KNOW? I KNOW BRIAN IS ON
ONE OF THESE PANELS AS -- YOU
CAN LOOK. MAYBE HE CAN CLARIFY
THAT. WHO ARE THE STAKEHOLDERS
FOR MY COLLEAGUES TO UNDERSTAND
WHO IS ALL INVOLVED ON THAT
PIECE? PUBLIC SCHOOLS?
>> I THINK COUNCIL PRESIDENT,
MAYBE YOU'RE ASKING ABOUT WHO I
ON THE PANEL? THAT IS GOING TO
BE MAKING A RECOMMENDATION TO
THE SUPERINTENDENT AND TO THE
MAYOR. I WILL GRAB THAT LIST
FOR YOU IN JUST A MOMENT, BUT I
IS A GROUP OF REPRESENTATIVES
FROM THE SCHOOL DISTRICT FROM
THE CITY AND ALSO FROM THE
COMMUNITY. IF YOU COULD CONTINU
THE QUESTIONS, I WILL GET THAT
LIST FOR YOU AS WELL.
>>
>> I WOULD BE HAPPY TO GRAB THA
FOR YOU.
>> IN ADDITION TO VARIOUS
MEMBERS OF SCHOOL DISTRICTS AN
CITY STAFF, YOU KNOW, WE ARE
EXCITED ABOUT THE COMMUNITY
MEMBERS, INCLUDING HANNA, WHO I
THE PRESIDENT OF THE SEATTLE
CENTER FOUNDATION. ALSO MENDOZA
THE CHIEF OPERATING OFFICER FOR
THE SEATTLE SOUNDERS AND BRIAN,
THE CEO WITH GREATER SEATTLE
PARTNERS, AND GLORIA CONNORS,
WHO IS ON THE SEATTLE CENTER
ADVISORY COMMISSION. SHE IS A
COMMISSIONER. YOU KNOW, WE HAVE
BEEN EXCITED TO HAVE THE TIME
AND EXPERTISE FROM SOME OF THES
OTHER COMMUNITY MEMBERS WHO ARE
REALLY HELPING US TO BROADEN. W
HAVE BEEN FOCUSED WITH THE
DISTRICT AND THE CITY ON THESE
ELEMENTS. THEY ARE BRINGING THA
BRIGHTER, WHITER BREATH TO THE
CONVERSATION.
>> WHAT I WAS ASKING IS I WANTE
TO KNOW WHO OUR ACTUAL
STAKEHOLDERS ARE AND THEN WE
COULD ASK ABOUT THE PANEL, WHO
AM GETTING BRIAN IS NOT A PART
OF THAT PANEL THEE IF THERE IS
THIRD ONE, I WOULD LIKE THAT AS
WELL BECAUSE I THINK WHAT I'M
HEARING FROM MY COLLEAGUES IS W
DO NOT KNOW WHO IS MAKING WHAT
DECISIONS. I KNOW WE HAVE THE
BIGGER PANEL, WHICH IS THE
STAKEHOLDERS LIKE THE EXECUTIV
AND THE LEGISLATIVE AND SOME OF
THE OTHER GROUPS THAT JACKIE
MENTIONED AND THEN WE HAVE SOME
PANELS THAT ARE ACTUALLY SCORIN
THE RFPs. THAT IS THE PIECE I
NEED MORE INFORMATION ON.
>> I THINK THAT IS THE LIST
THAT DAVID WAS DESCRIBING. WE
HAVE ONE PANEL, WHICH IS GOING
TO BASICALLY REVIEW THE
PROPOSALS AND MAKE A
RECOMMENDATION TO THE MAYOR AND
THE SUPERINTENDENT OF PUBLIC
SCHOOLS. THAT IS ESSENTIALLY TH
CORE GROUP. ONCE THERE IS A
PROPOSAL SELECTED THAT WILL
ADVANCE, THEN THEY WILL BROADEN
OUT AND DO BROADER ENGAGEMENT
WITH A WIDE RANGE OF
STAKEHOLDERS AT THE CENTER, AS
WELL AS WITH THE SCHOOL
DISTRICT. WE ARE FOCUSED ON THE
CORE RECOMMENDATION RIGHT NOW.
>> OKAY, HOPEFULLY FOR TOMORROW
BEFORE THE END OF THE DAY, COUL
I PLEASE HAVE A LIST OF THOSE
STAKEHOLDERS SO MY COLLEAGUES
KNOW WHO IS MAKING DECISIONS? I
DON'T WANT TO PUT BRIAN ON THE
SPOT, BUT WHERE DOES BRIAN FIT
INTO ALL THIS? YOU TALKED ABOUT
THAT THIS MORNING AND LAST WEEK
>> SURE. THANK YOU,
COUNCILMEMBER. THERE IS THIS
EVALUATION PANEL AND THERE ARE
VOTING MEMBERS ON IT AND
NONVOTING MEMBERS ON IT. THE
GROUP OF ADVISERS, SOME OF THEM
ARE CITY STAFF LIKE MYSELF AND
SOME OF THEM ARE TECHNICAL
EXPERTS THAT HAVE BEEN HIRED BY
THE CITY AND THE DISTRICT TO
PROVIDE THEIR TECHNICAL
EXPERTISE. THERE IS A LIST WE
CAN GET FOR YOU AFTER THE
MEETING. WE CAN SEND IT TO ALL
THE COUNCIL MEMBERS AND, YEAH.
THAT WILL BE ON THERE.
>> SO, THE REASON I MADE THE
POINT LAST WEEK AND THIS MORNIN
THAT THERE ARE NOT ELECTED
OFFICIALS ON THAT, I AM NOT ON
THAT. I AM NOT PART OF THE POOL
OF WHOEVER THE PROPOSER IS
SELECTED, BUT WE DO HAVE BRIAN
GOODNIGHT, MR. GOODNIGHT IN THE
ROOM, TO BE THERE. HE IS MY
EYES AND EARS AND ALSO PUTTING
TOGETHER THE ELECTRONIC NOTEBOO
THAT EVERY COUNCILMEMBER HAS
WITH ALL THESE DOCUMENTS.
PERHAPS, BEFORE TOMORROW, IF
INDEED THIS GETS OUT OF
COMMITTEE AND WE CAN SUSPEND TH
RULES SO WE CAN VOTE ON IT
TOMORROW, I WOULD LIKE THE
MAYOR'S OFFICE AND YOU GUYS TO
PLEASE PUT TOGETHER A CHRONOLOG
OF WHAT I JUST READ INTO THE
RECORD OF THE FINANCING, NOW
SINCE I HAVE BEEN HERE SINCE
2016 AND 2017 UP UNTIL TODAY'S
DATE AND, OF COURSE, A LIST OF
THE ACTUAL PEOPLE THAT ARE
THERE AND PEOPLE LIKE BRIAN
GOODNIGHT, WHO ARE STAFF. THAT
IS ONE OF THE QUESTIONS COMING
OFF THE SECOND FLOOR, WHO IS
DOING WHAT? I AM FAMILIAR
BECAUSE I HAVE BEEN INVOLVED IN
THIS SINCE 2015 AND 2016. I'M
FAMILIAR WITH IT BECAUSE THIS I
IN HIS DISTRICT. HE WORKED WITH
US TO MAKE SURE THE $21 MILLION
INVESTMENT AND THE ADDITIONAL -
MAKING SURE WE COULD GET THE $4
MILLION IN THE BUDGET. THOSE
NUMBERS AND DATES ARE REALLY
IMPORTANT AND AS YOU ALL KNOW,
I'M A STICKLER ON MAKING SURE
THAT I HAVE A CHRONOLOGY SO THA
MY COLLEAGUES, WHO ARE NOT WAIS
DEEP IN THE STYLE CAN UNDERSTAN
AND ASK THE RIGHT QUESTIONS. I'
NOT REAL COMFORTABLE WITH A
POWERPOINT I GOT THIS MORNING.
THERE ARE A LOT OF LOVELY
FEATURES. THANK YOU FOR THAT BU
I WOULD'VE LOVED TO HAVE MORE
INFORMATION FOR MY COLLEAGUS
BECAUSE I KNOW THE STAFF, FROM
DOING CLIMATE PLEDGE AND THE
OTHER STUFF THAT WE DID, I KNOW
THE DOCUMENTS ARE GOING TO STAR
COMING IN AND WE WANT TO MAKE
SURE THAT IF WE CAN FOLLOW , YO
KNOW, THIS ROBUST SCHEDULE, THE
MORE INFORMATION WE HAVE IS
BETTER. I CAN ANSWER QUESTIONS
ON THE FLOOR AS WELL. WITH THAT
I'LL HANDED BACK TO THE PANEL T
SEE IS THERE A█NYTHING YOU NEED
TO ADD, BRIAN, BEFORE -- I DO
NOT WANT TO DO ANYTHING UNLESS
THERE'S SOMETHING YOU WANT TO
ADD AND THEN I WILL OPEN UP THE
FLOOR TO MY COLLEAGUES.
>> I DO NOT HAVE ANYTHING TO
ADD.
>> COLLEAGUES, NO COUNSELOR
PEDEREN HAS HIS CALCULATOR OUT.
COUNCILMEMBER PEDEREN?
>> THANK YOU, COUNCIL PRESIDENT
THANK YOU FOR THE TEAM FOR THIS
PRESENTATION AND THANKS FOR
NOTING OUR CENTRAL STAFFS
ONGOING INVOLVEMENT . IT WILL B
HELPFUL. SO, I SUPPORT THE
RESOLUTIONS. LET'S START WITH
THAT. I WILL BE VOTING IN FAVOR
OF THE NONBINDING RESOLUTION
TODAY AND THEN TOMORROW AT THE
FULL COUNCIL. I APPRECIATE THE
COLLABORATIVE AND UPBEAT TONE O
THE RESOLUTION FOR THIS PROJECT
AND THE WORKING RELATIONSHIP WE
HAVE WITH THE SCHOOL DISTRICT ,
AND FOR THE BENEFIT OF MY
CONSTITUENTS IN NORTHEAST
SEATTLE, I WANT TO BETTER
UNDERSTAND THE FISCAL IMPACTS
AFTER REVIEWING THE PHYSICAL
VOTE THAT ACCOMPANIES THE
RESOLUTION. I JUST HAVE A FEW
QUESTIONS ABOUT THE BONDS AND
INTERESTS AND THINGS, TOUCHING
UPON SOMETHING THAT THEY HAD
MENTIONED, WHICH I APPRECIATE,
WHICH IS HOW COST OVERRUNS MIGH
BE HANDLED. I KNOW THE CITY
STRUGGLED LAST YEAR TO FUND MAN
PRIORITIES, INCLUDING SEVERAL
TRANSPORTATION PROJECTS AND THE
CITY WAS STILL ABLE TO IDENTIFY
THE INITIAL $1 MILLION FROM ON
FUND AND $300,000 FROM THE
GENERAL FUND. ON PAGE 137 OF TH
ADOPTED CAPITAL IMPROVEMENT
PROGRAM, WE ARE LOOKING AT
APPROXIMATELY $1.9 MILLION A
YEAR FOR THE DEBT SERVICE ON TH
BONDS . THEY ARE APPROXIMATELY
$20 MILLION, BACKED BY THE FULL
FAITH AND CREDIT OF THE CITY OF
SEATTLE, SO THAT INTERESTS ONLY
GOES OUT A FEW YEARS. IT IS
SOMETHING THAT WE ARE ISSUING
OVER 20 YEARS. SO, I JUST WANTE
TO BASICALLY ACKNOWLEDGE THAT
THERE WILL BE SOME INTEREST
COSTS AS PART OF THAT AND THAT
IS IMPORTANT BECAUSE I KNOW WHE
WE TALK ABOUT ISSUING BONDS FOR
THINGS LIKE REPAIRING OUR
BRIDGES AND AFFORDABLE HOUSING,
THAT THERE IS AN ISSUE RAISED
ABOUT, WELL, HOW MUCH WILL THE
INTEREST COST ME? ARE WE ABLE -
THE $1.9 MILLION A YEAR OVER 20
YEARS, I THINK IS ABOUT $38
MILLION. SO, $20 MILLION IS TH
PRINCIPAL. DOES THAT MEAN THE
INTEREST IS ABOUT $18 MILLION O
SO? OVER THE 20 YEARS, THE
INTEREST COSTS?
>> COUNCILMEMBER, I CAN DO
SOMETHING IF THAT IS ALL RIGHT.
GENERALLY, YES. THAT IS CORRECT
MY UNDERSTANDING IS THOSE ARE
THE PLANS THAT WILL BE ISSUED
NEXT YEAR IN 2024 . IT IS VERY
CONSISTENT WITH, GENERALLY, HOW
ALL OF OUR BOND ISSUANCES GO. W
PAY INTEREST ON THAT, ON THAT
ISSUANCE AND THAT IS THE DEBT
SERVICE PAYMENT YOU ARE SEEING
WITH THE $1.9 MILLION.
>> THEY ARE TAKING CARE OF THE
PRINCIPAL AND THE INTEREST AND
THAT IS OVER 20 YEARS. SO, IT I
REALLY A COMBINED AMOUNT OF --
IT IS REALLY ABOUT $58 MILLION,
NOT JUST THE $40 MILLION. I AM
JUST TRYING -- I THINK THE
FISCAL AMOUNT -- THEY ARE
TALKING ABOUT THE $20 MILLION I
BONDS AND THE INITIAL $1 MILLIO
, AND THEN AN ADDITIONAL $19
MILLION. WE HAVE NOT IDENTIFIED
WHERE THAT ADDITIONAL $19
MILLION WILL COME FROM. IS THAT
CORRECT?
>> THAT IS CORRECT. WHAT THE
COUNCIL, THE BUDGET ACTION LAST
FALL STIPULATED WAS THAT OUR
INTENT WOULD BE TO FIND THAT BY
2026.
>> OKAY. SO, THE LATEST REVENUE
FORECAST WE RECEIVED, I KNOW
THERE IS SOME CONCERN ABOUT
WHAT OUR FISCAL SITUATION WILL
BE IN 2025 AND 2026. SO, JUST
ACKNOWLEDGING THAT IT IS GOING
TO BE AT LEAST THE CURRENT
REVENUE FORECAST IS ENDING
TINGLING THERE COULD BE SOME
CHALLENGES TO THIS. HOWEVER, WE
ARE STILL MAKING BEST EFFORTS T
IDENTIFY THOSE FUNDS. I THINK
FOR THE FISCAL NOTE, YOU
MENTIONED IN THE FISCAL NOTE TH
ADDITIONAL $19 MILLION HE WILL
TRY TO FIND . I JUST THINK IT
NEEDS TO BE NOTED THAT THERE AR
INTEREST COSTS. BASICALLY,
DIFFERENTIATING HOW MUCH MONEY
IS GOING TO THE DEVELOPER AND
THE PROJECT VERSUS HOW MUCH
MONEY IS ACTUALLY THE FULL
FISCAL IMPACT TO SEATTLE AND TH
TAXPAYERS. I THINK IT IS THE
INTEREST COST THAT WOULD MAKE I
A $58 MILLION TO THE CITY OF
SEATTLE BUT $40 MILLION GOING
TO THE PROJECT BECAUSE YOU HAVE
THAT AMOUNT OF INTEREST THAT WE
ARE BEARING. I THINK THE FISCAL
AMOUNT WOULD WANT TO FLESH THAT
OUT MORE AND DIFFERENTIATE
BETWEEN WHAT THEY ARE GETTING
VERSUS WHAT WE ARE ACTUALLY
PAYING AND WE ARE PAYING
INTEREST. IT IS A HIGHER NUMBER
ON OUR SIDE. AND THEN WILL THE
$19 MILLION, DO YOU THINK THAT
WILL BE PURCHASED IN THE FORM O
BONDS AS WELL IN 2026?
>> IT IS HARD TO SAY, HOWEVER I
IS NOT UNLIKELY. THE CITY DOES
USE BONDS A GOOD BIT BUT WE
CANNOT SAY YET BECAUSE WE DO NO
HAVE THAT SPECIFIC PROPOSAL IN
FRONT OF YOU.
>> OKAY.
>> ONE OTHER THING. I WANT TO
NOTE REGARDLESS OF WHAT THE
AMOUNT IS, THE FUNDS THAT THE
CITY WOULD BE PUTTING INTO THE
PROJECT ARE REALLY SPECIFICALLY
ABOUT THE ELEMENTS DAVID
DESCRIBED. WE ARE PUTTING IN
SOME CRITICAL NEW FACILITIES FO
OUR CAMPUS OPERATIONS. WE ARE
REPLACING SOME OTHER SERVICE
FACILITIES, WHERE WE ARE RENTIN
SPACE WITH THIS CONSOLIDATED AT
THE HEART OF THE CAMPUS. WE ARE
COMPLETING -- THAT IS A KEY
CAMPUS CONNECTION THAT HAS BEEN
IDENTIFIED FOR YEARS AS A
PRIORITY TO COMPLETE. AND THEN
WE ARE CREATING AN OPEN SPACE
WITH CONNECTION BETWEEN THE
INTERNATIONAL FOUNTAIN AND THE
NEW STADIUM. THE POINT BEING
THAT THE CITY DOLLARS GOING INT
THIS HAVE A VERY SPECIFI PUBLIC
PURPOSE. THAT MAKES SENSE.
>> THAT IS VERY HELPFUL. THANK
YOU. JUST A COUPLE MORE
QUESTIONS . I SEE JACKIE'S HAND
IS UP.
>> I JUST WANTED TO ADD ONE
DETAIL TO WHAT MARSHALL JUST
SAID. IN REPLACING THE OFF-SIT
SERVICE SHOPS FOR WHICH WE NOW
PAY HALF $1 MILLION IN A LEASE
PAYMENT ANNUALLY, THERE WILL BE
A LONG-TERM OPERATING SAVINGS
WHEN WE GET THE ON-SITE
FACILITY.
>> THAT IS REALLY HELPFUL TO
POINT OUT. WITH THE CITY'S SID
IS CONTRIBUTING IS GOING TOWARD
MANY THINGS THAT THE CITY NEEDS
TO REPLACE AND WHAT THEY WANT T
ADD VALUE TO AND EVEN SOME
SAVINGS. YOU MENTIONED THAT.
THANK YOU. THE QUESTION ABOUT
THE ISSUE OF COST OVERRUNS AND
APPRECIATE THE EXECUTIVE TEAM
HIGHLIGHTING THAT EARLIER IN TH
PRESENTATION. I NOTICED THAT ON
PAGE 20 OF THE REQUEST FOR
PROPOSALS, I THINK IT IS PRETTY
CLEAR THAT IT IS UNDER THE
DEVELOPMENT AGREEMENT. THE
DEVELOPER AND OPERATOR WILL BE
RESPONSIBLE FOR THE BALANCE OF
FUNDING TO COMPLETE THE
REDEVELOPMENT AND CONSTRUCTION
OF THE PROJECT, INCLUDING
RESPONSIBILITY FOR COVERING COS
OVERRUNS , SO IT IS DATED CLEAR
IN THE RFPs. IS LOOKING FORWARD
TO WHEN THAT TRANSFERS OVER TO
WHAT IT IS THAT THE COUNCIL WIL
BE APPROVING WHEN WE ARE
APPROVING THE DEVELOPMENT
AGREEMENT ITSELF, THAT THE
SIMILAR LANGUAGE IS IN THERE,
THAT THE COST OVER THE OVERRUNS
WILL BE BORNE BY THE DEVELOPER
OR THE PROJECT. I GUESS THERE
ARE TWO OTHER FUNDING ELEMENTS
TO ANY PROJECT. IT IS ALSO THE
ONGOING MAINTENANCE AND THE
CAPITAL REPLACEMENTS. THE HVAC
SYSTEMS, WHEN THEY START TO WEA
DOWN IN 20 YEARS, WHO IS
REPLACING THAT, THOSE COSTS. IT
IS MY UNDERSTANDING IT WILL BE
SEPARATE OPERATIONS AGREEMENT
THAT WE WILL TALK ABOUT, WHO IS
COVERING OPERATIONS AND
MAINTENANCE AND WHO IS COVERING
REPAIR PLACEMENTS. IS IT THE --
THE OPERATOR WOULD BE IN CHARGE
OF ANY EXPENSE OVERRUNS THAT
MIGHT HAPPEN ON AN ONGOING
BASIS?
>> THAT IS CERTAINLY A KEY
ELEMENT THAT WE PLAN TO
NEGOTIATE SPECIFICALLY WITH THE
PARTNER. WE WOULD LIKE TO GET A
MUCH COMMITMENT TO CAPITAL , TO
FUNDING THE CAPITAL MAINTENANCE
PROCESS AS POSSIBLE. THAT IS A
KEY THING. I THINK IT IS
IMPORTANT WITH KNOWLEDGE THOUGH
THIS IS A VERY DIFFERENT PROJEC
THAN SOME OTHER PUBLIC/PRIVATE
PARTNERSHIPS WE HAVE DONE LIKE
CLIMATE PLEDGE. THIS IS VERY,
VERY LIMITED IN TERMS OF
COMMERCIAL REVENUE POTENTIAL.
THIS IS REALLY ABOUT PROVIDING
PUBLIC STADIUM OR COMMUNITY
STADIUM THAT WILL SERVE STUDENT
AND SERVE CAMPUS EVENTS. THERE
ARE VERY LIMITED WINDOWS FOR
REVENUE GENERATION, SO WE ARE
-- ELEMENTS WE WILL HAVE TO
NEGOTIATE AND THAT IS ONE OF
THEM. THE THINGS WE FEEL IN
TERMS OF MITIGATING OUR RISK
AFFRONTS THAT ARE MOST IMPORTAN
AND WE HAVE BEEN CLEAR ABOUT IN
THE LANGUAGE, AS YOU CITED, IS
THINGS LIKE CAPITAL RISK TO
BUILDING A PROJECT. THAT THOSE
BE BORN BY THE PARTNER.
>> THANK YOU. I APPRECIATE THIS
WILL COME BACK TO THE COUNCIL
AGAIN TO LOOK AT THE DEVELOPMEN
AGREEMENT AND THE OPERATING
AGREEMENT AND TO MAKE THE REAL
DECISIONS AT THAT POINT. SO,
THANK YOU FOR THE OPPORTUNITY T
ASK THOSE QUESTIONS.
>> LET ME JUST WRAP UP. I DO NO
WANT TO WRAP UP YET BUT I WANT
TO INSERT A FEW COMMENTS AND
OPEN THE FLOOR FOR MY COLLEAGUE
QUICKLY WHILE WE ARE ON THE
SUBJECT, BUT MARSHA, LEE ACRES
IS SEATTLE CENTER, THE
FOOTPRINT, THE CAMPUS?
>> 74 TOTAL.
>> 74? AND THE SEATTLE PUBLIC
SCHOOL PROPERTY IS ABOUT 25?
>> 10.
>> 10 ACRES?
>> APPROXIMATELY.
>> THAT IS INCLUDING THE PARKIN
LOT? RIGHT, SO YOU DO NOT WANT
TO PUT ON THE SPOT, BUT IT WILL
COME BACK TO YOU. WHAT I WAS
TRYING TO MAKE SURE IS WE HAVE
MORE INFORMATION ON WHAT COUNCI
MEMBER PEDEREN PRODUCT, WHICH I
HEARD FROM MY COLLEAGUES , AND
WE HAVE SEEN THIS. THIS PUBLIC
ASSET BELONGS TO THE SEATTLE
SCHOOL DISTRICT, NOT THE CITY O
SEATTLE. IT WAS DIFFERENT FROM
WHEN WE DO THE OTHER ONE. WE
STILL HAVE THE DUTY TO TAX
PAYERS AND I JUST WANT TO MAKE
SURE THAT WE EMPHASIZE THAT THE
PUBLIC BENEFIT IS NOT JUST WITH
THE SCHOOL DISTRICT AND THOSE 1
ACRES. IT EXTENDS BEYOND THAT T
ENHANCE AND REPAIR AND DEVELOP
ALL THOSE INFRASTRUCTURES THAT
SUPPORT MEMORIAL STADIUM AND WE
TRY TO TAKE A RUN AT THIS AND -
JACKIE KNOWS. IT DID NOT QUITE
WORK OUT. WHEN WE WANTED TO MOV
DIRT ONE TIME AND WHOEVER GOT
THE CONTRACT BACK THEN TO DO TH
CLIMATE PLEDGE AS IT WAS
FINALLY CALLED, WE COULD NOT
COME TO TERMS WITH GETTING THE
SCHOOL DISTRICT AND MAKING SURE
WE WERE CLEAR. THAT IS ANOTHER
STORY, BUT THE POINT IS WE ARE
HERE NOW. AT LEAST IN 2016, WE
HAVE KNOWN THAT PIECE OF
PROPERTY NEEDED , DESPERATELY
NEEDED TO BE TAKEN CARE OF. WE
HAD HOPED TO GET IT DONE WHEN W
DID SEATTLE CLIMATE PLEDGE, BUT
IT DID NOT HAPPEN. THAT IS WHER
WE ARE AT NOW. MY UNDERSTANDING
IS, PLEASE CORRECT ME IF I AM
WRONG ON THE NUMBERS, BUT ARE W
ESTIMATING THAT IF WE PUT IN ,
IF WE ARE SECURING $66.5 MILLIO
FROM THE SCHOOL DISTRICT AND --
I AM SORRY. $40 MILLION BY THE
END OF THE DAY AND $40 MILLION
IN TODAY'S DOLLARS, THAT THE
TOTAL PROJECT COST FOR THIS
PUBLIC ASSET THAT BELONGS TO TH
SCHOOL DISTRICT, THAT SITS IN
OUR CAMPUS, IS $250 MILLION? I
HAVE SEEN THAT NUMBER SOMEWHERE
>> THAT IS A NUMBER THAT HAS
BEEN OUT THERE. I DO NOT THINK
OUR CURRENT PROPOSAL REQUIRES A
PROJECT THAT EXPENSIVE , BUT, O
COURSE, YOU KNOW, YOU CAN
IMAGINE THERE ARE WAYS TO GET I
THERE PRETTY QUICKLY. IT IS HAR
TO ESTIMATE OR PUT A NUMBER ON
IT BECAUSE WE ARE LOOKING AT
PROPOSALS THAT ARE REALLY BASED
ON THAT. I WOULD SAY, YOU KNOW,
WE ARE WELL SOUTH OF THAT,
PROBABLY IN THE $150 MILLION
RANGE.
>> WE WILL KNOW MORE AFTER YOU
PICK WHOEVER AND WE START
GETTING INTO THOSE UNDERLYING
DOCUMENTS ABOUT FINANCING AND
DEBT FINANCING AND ALL THOSE
ISSUES. MARSHALL, IF YOU CAN
JUST SUM UP, WHY IS THIS
RESOLUTION, WHICH COUNCIL
MEMBER PEDERSEN SAYS IS
NONBINDING, WHY IS THAT IN FRON
OF US TODAY? WHAT IS ITS
PURPOSE? I PUSH TOO HARD ON
THIS. BESIDES THE FACT I WILL
BE GONE IN 230 DAYS, WHY ARE W
DOING THIS RESOLUTION? WHY AM I
SUSPENDING THE RULES SO WE CAN
VOTE ON IT TOMORROW? WHY ARE WE
DOING THAT?
>> I THINK, FUNDAMENTALLY,
COUNCIL PRESIDENT, WE THOUGHT I
WAS IMPORTANT TO ACKNOWLEDGE TH
PROCESS THAT WE ARE ON. YES, WE
HAVE HAD SEVERAL STEPS TO DATE
WITH THE DISTRICT, BUT FOR A
PUBLIC PARTNERSHIP BETWEEN THE
DISTRICT AND THE CITY OF THIS
SCALE, WE WANTED TO MAKE SURE W
HAD A MOMENT WHERE WE SORT OF
CONFIRM THAT WITH THE CITY
COUNCIL AS WE MOVE INTO
SELECTING A PARTNER . I DO NOT
THINK THIS IS A SURPRISE TO
ANYONE. AS YOU HAVE SAID, IT HA
BEEN DECADES OF ATTEMPTING TO
GET TO THIS PARTNERSHIP BUT NOW
THAT WE ARE THERE, WE WANTED TO
MAKE SURE THAT WAS AFFIRMED AND
EVERYONE FELT STRONG ABOUT IT.
THE OTHER KEY PIECE IS WE ARE
BEING UP-FRONT AND CLEAR THAT,
YES, THIS IS NONBINDING AND THI
IS A STATEMENT OF INTENT
ESSENTIALLY. GETTING EVERYONE
AWARE THAT WE WILL BE COMING
LATER IN THE SUMMER WITH MORE
FORMAL AGREEMENTS. THAT WILL
BE, YOU KNOW, CONTRAST TO
ACTUALLY DO THE PROJECT. WE DID
NOT WANT THAT TO BE A SURPRISE,
THAT THAT WAS COMING DOWN THE
ROAD.
>> MY JOB AND MY PURPOSE OF
GOING THROUGH THIS AND THANK YO
FOR THE FISCAL NOTE. AGAIN, I
UNDERSTAND A BIT MORE OF THE
DETAILS. THIS IS NOT JUST A
TAXPAYER-FUNDED -- THIS IS
ACTUALLY, FOR THE FIRST TIME, I
THINK, CORRECT ME IF I'M WRONG,
THAT THE CITY OF SEATTLE AND
SEATTLE PUBLIC SCHOOLS IS COMIN
TOGETHER FOR A CAPITAL PROJECT
IN WHICH THEY ARE BOTH
CONTRIBUTING MONEY BECAUSE THER
IS A NEED AND WE FINALLY GOT IT
DONE. IS THAT FAIR? IS THAT A
FAIR STATEMENT?
>> YEAH, THIS IS VERY MUCH A
FIRST. WE HAVE CITY AND SCHOOL
DISTRICTS COMMITMENT. WE HAVE A
PROPOSAL, WHICH REALLY PUTS A
VERY STRONG LINE DOWN IN TERMS
OF THE PUBLIC USE OF THE
BUILDING. THAT IS ABSOLUTELY
WHAT THIS IS ABOUT. WE ARE
BASICALLY AIMING TO LEVERAGE
THE PARTNER TO BE ABLE TO FULLY
FUND THE PROJECT THAT WE WOULD
NOT OTHERWISE BE ABLE TO ACHIEV
WITH THE PUBLIC USE OF THE
BUILDING, AS WELL AS TO HELP US
GET THE FACILITIES WE NEED TO
OPERATE SEATTLE CENTER.
>> THE PUBLIC BENEFIT PIECE IS
SOMETHING WE HAVE BEEN
DISCUSSING SINCE 2016 AND I
THINK WHEN THE VOTERS VOTED YES
ON THE LEVY IN 2022, AND I WENT
BACK AND LOOKED AT THE VOTER,
THE ACTUAL WORDING, A LOT OF MY
COLLEAGUES AND SOME PEOPLE DO
NOT UNDERSTAND THAT WE WORK WIT
THE SCHOOL DISTRICT AND PUSHED
REALLY HARD TO MAKE SURE THAT
WAS IN THE LEVY BECAUSE THEY
COULD NOT JUST TAKE IT OUT OF
THE REGULAR COFFERS. WE WANTED
THE VOTERS TO SAY, YES, WE WILL
PROVIDE $66.5 MILLION FOR
MEMORIAL STADIUM IF THE CITY IS
GOING TO PROVIDE $40 MILLION AN
THE STATE PROVIDES $4 MILLION
BECAUSE THE GREATER GOOD AND TH
PUBLIC BENEFIT IS MAINLY GOING
TO THE SEATTLE SCHOOL DISTRICT.
THAT IS A PHENOMENAL FUNDING
SOURCE, REVENUE SOURCE, AND I A
GUESSING, ONE OF THE ISSUES THA
WAS A STICKING POINT WHEN WE
WERE DOING SEATTLE ARENA WAS
WHAT WAS THE PUBLIC BENEFIT TO
THE SEATTLESCHOOL DISTRICT IF
THEY WANTED TO, YOU KNOW, TRIPL
THEIR PARKING LOT? THE SEATTLE
PUBLIC SCHOOLS GETS REVENUE FRO
PARKING. SO, IT HAD TO GO BEYON
PARKING AND THAT WAS OUR
DISCUSSION WITH THEM. SOMEBODY
WAS SELECTED. THAT WAS -- THERE
ARE A LOT OF STICKING POINTS
THAT DID NOT GET ADDRESSED. WHE
THEY FINALLY WENT TO THE VOTERS
AND THE VOTERS SAID YES, THAT
WAS THE BOTTLENECK. FOR ME, IT
IS NOT JUST THE MAYOR'S OFFICE
OR THE SEATTLE CITY COUNCIL. TH
VOTERS HAVE TOLD US LOUD AND
CLEAR THAT IT NEEDS TO GET
FIXED. IT IS AN INCREDIBLE
ENHANCEMENT WITHIN THE CAMPUS O
SEATTLE CENTER AND I THINK WE
OWE THAT TO THE SCHOOL DISTRICT
AND CERTAINLY THE CHILDREN OF
THE SCHOOL DISTRICT. THINK OF
THE CHILDREN, COUNCILMEMBER
PEDERSEN. WITH THAT, I HAVE
SAID ENOUGH. I WILL PUT UP THE
FLOOR TO MY COLLEAGUES TO SEE I
THEY HAVE ANY MORE QUESTIONS AN
THEN HAND IT BACK TO YOU, MR.
FOSTER IF YOUR PANEL WANTS TO
ADD ANYTHING TO WHAT I HAVE
ALREADY SAID. COUNCILMEMBER
STRAUSS?
>> THANK YOU, COUNCIL PRESIDENT
THANK YOU, MARSHALL, JACKIE, MR
BURGESS, MR. GOOD NIGHT. I HAVE
BEEN WORKING ON THIS SINCE I WA
HERE WITH BAGSHAW . I CANNOT
WAIT TO GET THIS DONE. THIS IS
AMAZING, THAT WE ARE HERE AND
THE CITY WILL NEED TO ADD THE
ADDITIONAL REVENUE THAT WE HAVE
NOT ALLOCATED YET. I'M EXCITED
TO VOTE YESTERDAY. THANK YOU.
>> CAN I ASK A QUICK QUESTION?
WHO IS REPRESENTING THE SEATTLE
PUBLIC SCHOOL? WHO IS ON THE
PANEL?
>> ON THE EVALUATION PANEL?
LET'S SEE. CORRECT ME IF I AM
WRONG. WE HAVE FRED , WHO I
THINK EVERYBODY KNOWS. HE PLAYS
A KEY ROLE. ALSO RICHARD BEST,
WHO IS THE DIRECTOR OF THE
CAPITAL PROGRAMS. ALSO BECKY IS
ON HIS STAFF. AND DAVID -- YOU
HAVE THE LIST IN FRONT OF YOU.
YOU CAN DO THE OTHERS.
>> YOU ARE DOING WELL FROM
MEMORY. NICELY DONE. STEPHEN
NIELSEN, WHO IS THE FORMER
DEPUTY SUPERINTENDENT AND IS
ALSO ON THE PANEL. AND THEN GAI
IS THE PROGRAM MANAGER, ON THE
VISUAL PERFORMING ARTS SIDE FOR
THE DISTRICT. SHE IS VERY
ENTWINED WITH EQUITY AT THE
SCHOOL DISTRICT. SHE IS VERY
FOCUSED ON WHAT THAT MIGHT LOOK
AT. THOSE ARE THE PRIMARY
MEMBERS. ONE OTHER IS PAT
McCARTHY. PAT IS THEIR EXECUTIV
DIRECTOR OF ATHLETICS. HE HAS
THAT OFFICE THAT IS IN THE
PARKING LOT CURRENTLY RIGHT NEX
TO THE STADIUM AND HE OVERSEES
AND ADMINISTERS THE FUNCTIONING
OF THE CURRENT FACILITY.
>> WHO IS FROM THE SEATTLE
PUBLIC SCHOOL DISTRICT THAT IS
ELECTED AS PART OF THIS PROCESS
>> SIMILAR TO YOUR PREVIOUS
STATEMENT, THERE ARE NO ELECTED
MEMBERS ON THE PANEL ITSELF. TH
STAFF IS THERE ONLY AND THEY
PROVIDE, SIMILAR WITH BRIAN,
THEY PROVIDE THAT LINK BACK TO
THE ELECTORS.
>> YOU ARE THE ELECTIVES ON THE
SEATTLE PUBLIC SCHOOLS SIDE?
ISN'T VIVIAN ON THERE? NO?
>> NO. SO, WHO DO WE WORK WITH
ON THE -- NOT THE PANEL. WHO AR
THE STAKEHOLDERS? COUNCILMEMBER
SORRY, MR. BURGESS?
>> THANK YOU, COUNCIL PRESIDENT
THEY ARE THE BOARD MEMBER THAT
THE BOARD DESIGNATED AS HOUR
LIAISON WITH THIS BOARD, AND
THEN, OF COURSE, WE WORK WITH
SUPERINTENDENT JONES ON THIS
PROJECT AS WELL.
>> SOME OF MY COLLEAGUES WANTED
SCHOOLS SIDE -- I AM SORRY. WHA
IS VIVIAN'S LAST NAME AGAIN?
>> [ INAUDIBLE ].
>> AM GLAD SHE IS THERE AND I
HOPE SHE IS WATCHING. OF COURSE
THE SUPERINTENDENT BRENTS
JONES. MR. JONES. SEE, THESE
PLAYERS ARE ALL-IMPORTANT FOR M
COLLEAGUES TO KNOW BECAUSE THE
RESOLUTION AND THE FISCAL NOTE
DOES NOT LAY OUT THE PROCESS OR
THE CHRONOLOGY WERE WHO IS
DOING WHAT. THOSE ARE LEGITIMAT
QUESTIONS. THEY ARE LEGITIMATE
QUESTIONS THAT I HAVE THAT I GO
ANSWER BECAUSE I AM THE CHAIR,
BUT IF WE COULD HAVE THAT
INFORMATION BEFORE THE CLOSE OF
BUSINESS SO MY COLLEAGUES HAVE
IT IN THEIR HAND TOMORROW, IF
THIS GETS OUT OF COMMITTEE AND
WE VOTE ON IT, THAT WOULD BE
VERY, VERY HELPFUL.
>> WE WILL MAKE SURE BRIAN HAS
THAT BEFORE -- WE WILL GET IT
OUT TO ALL OF YOU. THAT IS NOT
PROBLEM.
>> WE HAVE THE FEBRUARY '22 AN
THE SCHOOL DISTRICT AND WHAT WE
ARE DOING AND WHAT WE DID IN TH
BUDGET ACTION AND WHAT WE ARE
GETTING FROM THE STATE. I THINK
HOUSE MEMBER PEDERSEN BROUGHT U
SOME GOOD ISSUES ON THE
FINANCING AND THERE IS GOING T
BE A COMBINATION BECAUSE IT IS
PUBLIC PROJECT. THERE MIGHT BE
TAX EXEMPT FINANCING. I KNOW I'
GETTING IN THE WEEDS A LITTLE
BIT, BUT I WANT MY COLLEAGUES
AND THE PUBLIC TO UNDERSTAND
THAT THIS IS TRULY A PARTNERSHI
BETWEEN SEATTLE PUBLIC SCHOOLS
AND THE MAYOR'S OFFICE AND THE
LEGISLATIVE BRANCH. THIS
RESOLUTION SHOWS THE ROADMAP
THAT WE ARE NOT JUST WILLY-NILL
TRYING TO JAM THIS DOWN, YOU
KNOW, TO CITY HALL TO GET A YES
VOTE. THAT IS NOT WHAT WE ARE
DOING. I WANT TO MAKE THAT
CLEAR. COUNCILMEMBER?
>> YOU ARE ON MUTE.
>> SORRY. WHEN MAYOR HARRELL
CAME INTO OFFICE JANUARY OF LAS
YEAR, SHORTLY AFTER THAT, I
THINK STARTING IN FEBRUARY OR
EARLY MARCH, THOSE OF US ON THI
TEAM THAT ARE REPRESENTING THE
EXECUTIVE SIDE HERE MET EVERY
TUESDAY AFTERNOON FROM 3:00
UNTIL 4:00 AT SCHOOL DISTRICT
HEADQUARTERS WEEK AFTER WEEK
AFTER WEEK AFTER WEEK ALL YEAR
LONG. WE WERE HAMMERING OUT
EXACTLY WHAT THE SCHOOL DISTRIC
NEEDED AND WHAT THE CITY NEEDED
TO ENHANCE SEATTLE CENTER. SO,
YOU ARE CORRECT, COUNCIL
PRESIDENT JUAREZ. IT HAS BEEN A
COLLABORATIVE EFFORT WITH THE
SCHOOL DISTRICT AND THE CITY,
ARRIVING AT THE POINT WHERE WE
ARE AT NOW.
>> THANK YOU. A HUGE THANK YOU
TO JACKIE BECAUSE I HAVE A
MEETING WITH HER SINCE 2016 ON
THIS. I CANNOT TELL YOU HOW MAN
8:00 PRACTICES WE HAD TO DO. I
AM JUST THAT WE DID NOT GET THE
MEETING DONE BACK THEN BUT I'M
GLAD WE CAN DO IT NOW. ARE THER
ANY MORE QUESTIONS OR COMMENTS
FROM EITHER THE PANEL OR MY
COLLEAGUES?
>> COUNCILMEMBER SAWANT?
>> THANK YOU, PRESIDENT
WARRIORS. I WILL BE VOTING NO O
THE RESOLUTION WHICH ADVOCATES
FOR A PUBLIC PARTNERSHIP TO BE
USED FOR THE DEVELOPMENT OF
MEMORIAL STADIUM. THIS IS NOT I
ANY WAY OPPOSITION TO INVESTMEN
. IN FACT, ONE OF THE BUDGET
CUTS I WAS OF THE OBJECTED TO
DURING THE BUDGET DELIBERATIONS
LAST NOVEMBER WAS THE PROPOSED
CUT TO THE REDEVELOPMENT
CAPITAL IMPROVEMENTS. AT THE
TIME, HE ARGUED SEATTLE SHOULD
BE TAXING BIG BUSINESS RATHER
THAN CUTTING CRITICAL
INFRASTRUCTURE INVESTMENTS. I
PROPOSE TO INCREASE THE TAX RAT
OF THE AMAZON TAX TO RESTORE
THAT AND OTHER FUNDING.
UNFORTUNATELY, THE MAJORITY OF
THE COUNCIL DID NOT AGREE AND
NOW WE ARE PRESENTED WITH A
PROPOSAL TO SEEK A
PUBLIC/PRIVATE PARTNERSHIP. TH
DEMOCRATIC POLITICAL
ESTABLISHMENT OF SEATTLE IS
PROPOSING TO ESSENTIALLY SELL
OFF THE ACCESS TO PUBLIC
RESOURCES TO THE VERY
CORPORATIONS THAT REFUSED TO BE
TAXED. THIS IS THE HISTORY OF
PUBLIC/PRIVATE PARTNERSHIPS.
THERE ARE NO DETAILS AS OF YET
ABOUT WHAT THIS PUBLIC/PRIVATE
PARTNERSHIP IS GOING TO BE OR
ENTAIL BECAUSE THE SOLUTION IS
JUST AGREEING TO LOOK FOR
AGREEMENTS RATHER THAN
PRESENTING THE ACTUAL TERMS. BU
THERE ARE MANY WAYS CORPORATION
COULD PROFIT AT THE EXPENSE OF
REGULAR WORKING PEOPLE IN
SEATTLE THROUGH THIS SO-CALLED
PARTNERSHIP. THE CONCESSIONS
COULD BECOME PROHIBITIVELY
EXPENSIVE AS HAS BEEN THE TREND
IN STADIUMS AROUND THE COUNTRY
AND SEATTLE PUBLIC SCHOOLS COUL
SIGN AWAY THEIR ACCESS TO A
SPORTS FIELD THAT COULD BECOME
REAL RESOURCE FOR THE SCHOOL
DISTRICT. WE DO NOT HAVE ANY
DETAILS YET, BUT THE HISTORY OF
PUBLIC/PRIVATE PARTNERSHIPS
AROUND THE WORLD GIVES ME NO
CONFIDENCE IN THIS APPROACH. I
BELIEVE SEATTLE SHOULD INCREASE
TAXES ON BIG BUSINESS AND USE
THOSE RESOURCES TO RENOVATE
MEMORIAL STADIUM WITH 100% FOCU
ON THE PUBLIC GOOD RATHER THAN
THE PROFIT OF INVESTORS. THANK
YOU, PRESIDENT JUAREZ.
>> THANK YOU, COUNCIL MEMBERS
WANT. IS THERE ANYONE ELSE?
JACKIE? ALL RIGHT, SO WITH THAT
LET'S SEE. I MOVED TO RECOMMEND
ADOPTION OF RESOLUTION 32092. I
THERE A SECOND?
>> SECOND.
>> THANK YOU. THE MOTION HAS
BEEN MOVED AND SECONDED. AND I
UNDERSTAND THERE IS NO FURTHER
DISCUSSION. WILL THE CLERK
PLEASE CALL THE ROLL ON THE
RECOMMENDATIONS OF THE
RESOLUTION TO BE ADOPTED?
>> COUNCILMEMBER PEDERSEN?
>> YES.
>> COUNCILMEMBER SAWANT?
>> NO.
>> COUNCILMEMBER STRAUSS?
>> YES.
>> COUNCIL PRESIDENT JUAREZ ?
>> YES.
>> THREE IN FAVOR, ONE OPPOSED.
>> THE COMMITTEE RECOMMENDS CIT
COUNCIL ADOPT RESOLUTION 32092.
WITH THAT, IF THERE ARE NO
OBJECTIONS, I MOVED TO SUSPEND
THE COUNCIL ROLES TO HAVE THIS
RESOLUTION PLACED ON TOMORROW'S
MAY 16th CITY COUNCIL AGENDA FO
A FULL VOTE IN BRIEFING FOR THE
SEATTLE CITY COUNCIL.
>> SECOND.
>> LOOKING FOR A SECOND, BUT
OKAY. HEARING NO OBJECTION. AM
SUPPOSED TO GET A SECOND ON
THAT? I GUESS I CAN JUST DO IT.
YOU CAN OBJECT, BUT I DO NOT
SEE ANY OBJECTIONS. THANK YOU,
COUNCIL MEMBER PEDERSEN FOR THA
VOTE OF CONFIDENCE. HEARING NO
OBJECTION. THIS RESOLUTION WILL
BE CONSIDERED FOR FINAL ACTION
AT TOMORROW'S CITY COUNCIL
MEETING. THAT IS RESOLUTION
32092 AND I WANT TO POINT OUT
FOR THE PUBLIC WATCHING THIS,
THIS IS JUST THE RESOLUTION. AL
THE DEFINING DOCUMENTS AND THE
FINANCING DOCUMENTS AND THE
AGREEMENTS, THAT IS ALL TO COME
THIS JUST LAYS OUT HOW ONE WHO
THE STAKEHOLDERS ARE AND THE
PARTNERS AND THE FINANCING WHEN
WE GET THERE, IF WE GET THERE.
OKAY. WITH THAT, THAT CONCLUDES
OUR ITEMS OF BUSINESS FOR
TODAY'S COMMITTEE MEETING ON OU
NEXT MEETING IS THURSDAY, JUNE
15th . WITH THAT, COLLEAGUES,
THE TIME IS 10:36 AND WE ARE
ADJOURNED. THANK YOU. IT IS GOO
SEEING YOU, JACKIE.
>> RECORDING STOPPED.
>> THANK YOU, BUDDY.