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&gt;&gt; WE ARE RECORDING.  

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&gt;&gt; THANK YOU. GOOD MORNING. THI 

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IS A SPECIAL MEETING OF THE 

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GOVERNANCE  NATIVE COMMUNITIES  

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AND TRIBAL GOVERNMENTS  

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COMMITTEE. THE DATE IS MONDAY,  

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MAY 15th AND THE TIME IS 9:34.  

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APOLOGIZE FOR BEING LATE. I AM  

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THE CHAIR OF THIS COMMITTEE,   

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DEBORA JUAREZ. WILL THE CLERK  

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PLEASE CALL THE ROLL?   

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&gt;&gt; ALEX PEDERSEN?  

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&gt;&gt;  PRESENT.  

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&gt;&gt; COUNCILMEMBER TERESA  

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MOSQUEDA?  

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&gt;&gt;  COUNCILMEMBER SAWANT?  

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&gt;&gt; PRESENT.  

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&gt;&gt; COUNCIL PRESIDENT  DEBORA  

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JUAREZ?  

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&gt;&gt; PRESENT.  

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&gt;&gt; FOUR OR PRESENT.  

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&gt;&gt; THANK YOU FOR BEING HERE .  

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COUNCILMEMBER MOSQUEDA IS  

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EXCUSED FROM THE MEETING.  WE  

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WILL MOVE ON TO THERE ARE  

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OBJECTIONS -- THE -- I'M NOT  

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HEARING OR SEEING OBJECTIONS.  

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THE AGENDA IS ADOPTED. IS MY  

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VOICE COMING THROUGH? SORRY TO  

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DO THAT.  

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&gt;&gt; YOU SOME GREAT.  

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&gt;&gt; OKAY, GOOD. I AM GOING TO DO 

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THE CHAIR'S REPORT . WE HAVE ON 

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ITEM, AS YOU KNOW ON THE AGENDA 

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AND IT IS A RESOLUTION ON THE  

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LONG-AWAITED REDEVELOP AND  OF  

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MEMORIAL STADIUM. THIS COMMITTE 

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MEETING WILL ALSO BE AN  

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OPPORTUNITY TO LEARN MORE ABOUT 

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THE MEMORIAL STADIUM  

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REDEVELOPMENT PROJECT MORE  

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BROADLY, INCLUDING SOME  

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BACKGROUND AND DESCRIPTIONS OF  

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THE PROJECT AND FUNDING AND THE 

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HISTORY AND NEGOTIATIONS BETWEE 

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THE SEATTLE PUBLIC SCHOOL  

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DISTRICT AND THE MAYOR'S OFFICE 

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AND THE LEGISLATIVE BRANCH AND  

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WE HAVE  BRIAN HERE AS WELL. WE 

51
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WILL HAVE A POWERPOINT AND I  

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WANT TO GIVE A BRIEF HISTORY OF 

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SOME OF THE ISSUES THAT I THINK 

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ARE IMPORTANT. I WILL MAKE SURE 

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I INCLUDE THIS IN ANOTHER EMAIL 

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TO MY COLLEAGUES BECAUSE I AM  

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GOING TO ASK -- I WILL DO THIS  

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LEADER. SO, LET ME JUST GIVE YO 

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A LITTLE BIT OF BACKGROUND THAT 

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THIS ISSUE AND REDEVELOPING  

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MEMORIAL STADIUM  GOES BACK  

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ALMOST 30 YEARS. SO, I WANT TO  

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BRING YOU UP TO DATE ON THE MOS 

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RECENT AGREEMENTS BETWEEN THE  

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CITY AND THE SCHOOL DISTRICT.  

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SO, IN 2017, YOURS TRULY, WITH  

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OTHER MAYORS, DID A PARTNERSHIP 

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AGREEMENT IN 2021. WE DID A  

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LETTER OF INTENT AND FEBRUARY  

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2022, AS YOU KNOW, THE SCHOOL  

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DISTRICT, A CAPITAL LEVY WAS  

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PASSED, KNOWN AS -- WHICH  

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INCLUDED 66.5 MILLION FOR  

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FUNDING FOR THE REPLACEMENT OF  

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MEMORIAL STADIUM. IN NOVEMBER O 

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2022, WE DID A MEMORANDUM OF  

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AGREEMENT WITH SEATTLE PUBLIC  

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SCHOOLS AND THE SEATTLE PUBLIC  

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SCHOOL DISTRICT AND PUT TOGETHE 

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A TEAM AND YOU'LL HEAR MORE  

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ABOUT IT. IT IS NEGOTIATING WHA 

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THIS WOULD LOOK LIKE WITH THE  

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PRIORITY GIVEN TO THE SCHOOL  

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DISTRICT. IT IS THE SCHOOL  

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DISTRICT PROPERTY.  FINALLY, WE 

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PUT -- THERE IS MORE. THERE IS  

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REQUEST FOR A PROPOSAL THAT WAS 

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ISSUED ON MARCH 20th OF THIS  

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YEAR AND THE DEADLINE FOR  

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RESPONDING TO THAT WITH  

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PROPOSALS FOR THE PROJECT WAS  

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MAY 2nd. AS IT HAS BEEN REPORTE 

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PUBLICLY, TWO PROPOSALS WERE  

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SUBMITTED AND WE UNDERSTAND THE 

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EXECUTIVE OS GOAL AND  

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CONSULTATION WITH OUR COMMITTEE 

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AND CENTRAL STAFF IS TO SELECT  

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WINNING PROPOSAL,  A WINNING  

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PROPOSER, BY MONDAY, MAY 22nd.  

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VERY AMBITIOUS, BUT LET'S HOPE  

101
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WE CAN GET THIS DONE. NO ELECTE 

102
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OFFICIALS ARE INCLUDED OR WERE  

103
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INCLUDED OR ARE INCLUDED ON THE 

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EVALUATION COMMITTEE, HOWEVER W 

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DO HAVE COUNCIL PARTICIPATION  

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FROM THE STAFF  INCLUDING BRIAN 

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GOODNIGHT . AS YOU ALL KNOW, WE 

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HAVE AN ELECTRONIC NOTEBOOK WIT 

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ALL THE DOCUMENTS AND ALL THE  

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INFORMATION AND THE HISTORY AND 

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I AM GUESSING MY PANEL WILL  

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CORRECT ME IF I AM WRONG . THE  

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SCHOOL DISTRICT, AS YOU KNOW,  

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VOTED FOR $66.5 MILLION AND I  

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BELIEVE THE CITY WILL PUT IN $4 

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MILLION AND I BELIEVE THE STATE 

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IS PUTTING IN $4 MILLION? WE CA 

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COME BACK TO THOSE NUMBERS IN A 

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MOMENT. THAT IS MY REPORT FROM  

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THE PRESIDENT. THAT IS A BRIEF  

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OVERVIEW AND YOU WILL HEAR MORE 

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DETAIL AND YOU CAN ASK MANY MOR 

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QUESTIONS ABOUT THE FINANCING   

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FROM THE PEOPLE THAT ARE ON OUR 

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PANEL TODAY. SO, WITH THAT, WE  

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WILL MOVE TO PUBLIC COMMENT.  

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MADAM CLERK, HOW MANY COMMENTER 

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DO WE HAVE SIGNED UP?  

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&gt;&gt; THERE ARE ZERO REMOTELY AND  

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ONE IN PERSON.  

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&gt;&gt; ALL RIGHT, THIS IS OUR FRIEN 

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-- I FORGOT.   

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&gt;&gt; THIS IS OUR FRIEND AND I 

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UNDERSTAND , I WILL LET HIM  

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SPEAK. HE IS A GOOD FRIEND AND  

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THE WORK HE DOES -- HE IS  

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LEAVING THE GREAT ORGANIZATION. 

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 I WILL DO IT MY NORMALLY DO NO 

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DO AND I WILL ALLOW THE SPEAKER 

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A LITTLE MORE TIME, THREE  

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MINUTES BECAUSE I WANT TO ALSO  

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THANK HIM FOR HIS HARD WORK AND 

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EVERYTHING HE HAS DONE IN THE  

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SEVEN OR EIGHT YEARS I HAVE BEE 

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HERE WORKING WITH HIM. I WILL  

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LET THE SPEAKER  -- LET ME TELL 

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YOU WHAT THE INSTRUCTIONS ARE.  

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WE WILL NOT DO THE RECORDING.  

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THERE ARE INSTRUCTIONS THAT ARE 

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PRETTY STRAIGHTFORWARD. WE LIKE 

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THIS TO BE A GOOD PLACE WHERE  

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PEOPLE CAN HAVE AN OPINION AND  

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SPEAK TO THE AGENDA AND SPEAK T 

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ITEMS REGARDING OUR WORK PLANS  

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AND WE ASK YOU BE RESPECTFUL AN 

156
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THAT YOU LISTEN TO OTHERS SPEAK 

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AND WITH THAT, I WILL HAND IT  

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OVER TO YOU, OUR SPEAKER. GO  

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AHEAD.  

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&gt;&gt; THANK YOU, COUNCIL PRESIDENT 

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WAR AS AN THANK YOU TO THE REST 

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OF THE COUNCIL FOR YOUR SERVICE 

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TO OUR CITY. I HAVE BEEN HONORE 

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TO BE THE FOUNDATION MANAGER.   

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WAS RETIRING ON JUNE 2nd AS THE 

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EXECUTIVE DIRECTOR. I RETIRED - 

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 THEY HAVE USED COLLABORATION  

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AND PARTNERSHIPS WITH SKI  

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RESORTS AND PARKS DEPARTMENTS  

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AND HOSPITALS AND SCHOOLS TO  

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ENRICH THE LIVES OF CHILDREN AN 

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ADULTS WITH DISABILITIES. IT IS 

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CLEAR WHY WE DO SO. TOGETHER, W 

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CAN ACHIEVE MORE FOR THESE  

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INDIVIDUALS WITH DISABILITIES  

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AND THE OVERALL COMMUNITY. AS  

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THE CITY OF SEATTLE CONTINUES  

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FORWARD WITH ITS BUSINESS,  

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ENCOURAGE YOU TO CONTINUE TO 

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FOSTER  CLEAR PUBLIC-PRIVATE  

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PARTNERSHIPS AND GUIDELINES FOR 

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THESE PARTNERSHIPS AS THE MOST  

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EFFICIENT AND EFFECTIVE WAY TO  

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SERVE OUR COMMUNITY ESPECIALLY  

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IN THIS CASE WITH MEMORIAL  

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STADIUM. I HAVE BEEN TO MEMORIA 

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STADIUM ON TOO MANY OCCASIONS T 

188
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COUNT AS A PARENT AND AS A  

189
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PARTICIPANT MYSELF AND AS A  

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CONCERTGOER.  IT IS SUCH A  

191
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COMMUNITY TREASURE THAT NEEDS  

192
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OUR INVESTMENTS AND SUPPORT AND 

193
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I ENCOURAGE THIS PARTNERSHIP TO 

194
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CONTINUE WITH CLEAR GUIDELINES. 

195
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I ALSO WANT TO THANK  

196
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COUNCILMEMBER PEDEREN FOR HIS  

197
00:07:22,308 --> 00:07:23,442
SUPPORT . WE HAVE BEEN DOING  

198
00:07:23,442 --> 00:07:25,444
SOME PRETTY AMAZING THINGS FOR  

199
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PEOPLE WITH DISABILITIES  

200
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THROUGHOUT THE CITY, BUT  

201
00:07:28,815 --> 00:07:29,682
ESPECIALLY AT MAGNUSON PARK. WE 

202
00:07:29,682 --> 00:07:30,750
ARE THANKFUL FOR THEIR SUPPORT  

203
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FOR EQUITY AND USING  

204
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PARTNERSHIPS AND COLLABORATION  

205
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AS A MEANS TO DOING THAT. THANK 

206
00:07:37,523 --> 00:07:40,626
YOU VERY MUCH.  

207
00:07:40,626 --> 00:07:42,094
&gt;&gt; THANK YOU. I WANT TO TAKE A  

208
00:07:42,094 --> 00:07:43,329
POINT OF PRIVILEGE TO SAY I KNO 

209
00:07:43,329 --> 00:07:50,136
-- AM SORRY  -- WE HAVE BEEN  

210
00:07:50,136 --> 00:07:50,937
WORKING TOGETHER SINCE I GOT  

211
00:07:50,937 --> 00:07:56,976
ELECTED AND YOU HAVE BEEN SUCH  

212
00:07:56,976 --> 00:08:07,553
GOOD FRIEND . IT IS NO SECRET I 

213
00:08:09,622 --> 00:08:12,124
HAVE MS.  I WANT TO THANK YOU  

214
00:08:12,124 --> 00:08:13,392
AND I KNOW THAT YOU ARE NOT  

215
00:08:13,392 --> 00:08:21,133
GOING ANYWHERE. SO, THANK YOU.  

216
00:08:21,133 --> 00:08:31,677
ALL RIGHT,  MADAM CLERK, GUESS  

217
00:08:33,913 --> 00:08:34,981
THAT IS THE END OF THE PUBLIC  

218
00:08:34,981 --> 00:08:35,281
COMMENT?  

219
00:08:35,281 --> 00:08:36,082
&gt;&gt; THAT IS THE END.  

220
00:08:36,082 --> 00:08:37,016
&gt;&gt; ALL RIGHT, THANK YOU. WITH  

221
00:08:37,016 --> 00:08:37,917
THAT, PUBLIC COMMENT IS NOW  

222
00:08:37,917 --> 00:08:39,085
CLOSED. I DO NOT SEE ANY REASON 

223
00:08:39,085 --> 00:08:40,019
TO EXTEND IT. MADAM CLERK,  

224
00:08:40,019 --> 00:08:41,020
PLEASE READ AGENDA ITEM ONE INT 

225
00:08:41,020 --> 00:08:46,092
THE RECORD. 

226
00:08:46,092 --> 00:08:49,028
&gt;&gt;  AGENDA ITEM 1. A RESOLUTION 

227
00:08:49,028 --> 00:08:49,729
ESTABLISHING THE CITY'S SUPPORT 

228
00:08:49,729 --> 00:08:50,529
FOR NEW MEMORIAL STADIUM AT  

229
00:08:50,529 --> 00:08:51,330
SEATTLE CENTER TO BE DEVELOPED  

230
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THROUGH A PUBLIC/PRIVATE  

231
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OWNERSHIP BETWEEN THE CITY OF  

232
00:08:53,900 --> 00:08:54,567
SEATTLE AND SEATTLE PUBLIC  

233
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SCHOOLS AND A PRIVATE PARTNER.  

234
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&gt;&gt; THANK YOU, SARA.  WHAT WE  

235
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HAVE IN FRONT OF US IS THE  

236
00:09:05,144 --> 00:09:06,045
RESOLUTION AND I FORGET THE  

237
00:09:06,045 --> 00:09:07,480
NUMBER HERE. OH, RESOLUTION  

238
00:09:07,480 --> 00:09:11,384
32092. I WOULD LIKE TO INTRODUC 

239
00:09:11,384 --> 00:09:16,923
THE INTERIM DIRECTOR OF SEATTLE 

240
00:09:16,923 --> 00:09:23,896
CENTER  AND DIRECTOR FOSTER.  

241
00:09:23,896 --> 00:09:24,897
WILL YOU INTRODUCE YOUR PANEL?  

242
00:09:24,897 --> 00:09:25,932
SEE SOME LADIES HERE. GO AHEAD. 

243
00:09:25,932 --> 00:09:26,065
 

244
00:09:26,065 --> 00:09:26,799
&gt;&gt; YES, GOOD MORNING COUNCIL  

245
00:09:26,799 --> 00:09:27,533
PRESIDENT AND COMMUNITY MEMBERS 

246
00:09:27,533 --> 00:09:31,771
THIS MORNING, WE HAVE A DIRECTO 

247
00:09:31,771 --> 00:09:32,638
OF SPECIAL PROJECTS WITH THE  

248
00:09:32,638 --> 00:09:33,506
MAYOR'S OFFICE AND DAVID, THE  

249
00:09:33,506 --> 00:09:34,206
PROJECT DIRECTOR FOR SEATTLE,  

250
00:09:34,206 --> 00:09:35,708
FOR MEMORIAL STADIUM ALONG WITH 

251
00:09:35,708 --> 00:09:38,144
JACKIE KAREN.  

252
00:09:38,144 --> 00:09:43,149
&gt;&gt; OH, AND YOU ALSO HAVE BRIAN  

253
00:09:43,149 --> 00:09:46,052
GOOD NIGHT. HE IS FROM CENTRAL  

254
00:09:46,052 --> 00:09:49,355
STAFF. WE DO NOT WANT TO FORGET 

255
00:09:49,355 --> 00:09:50,323
ABOUT HIM. LET'S DO THIS THEN,  

256
00:09:50,323 --> 00:09:53,759
NOW THAT WE HAVE THAT OUT OF TH 

257
00:09:53,759 --> 00:09:58,431
WAY. I APOLOGIZE. I AM TRYING T 

258
00:09:58,431 --> 00:09:59,465
REMEMBER THIS. I WILL GO AHEAD  

259
00:09:59,465 --> 00:10:02,935
AND LET YOU DO YOUR  

260
00:10:02,935 --> 00:10:03,302
PRESENTATION.  

261
00:10:03,302 --> 00:10:04,136
&gt;&gt; ALL RIGHT. THANK YOU VERY  

262
00:10:04,136 --> 00:10:05,805
MUCH. GIVE ME JUST A SECOND.  

263
00:10:05,805 --> 00:10:09,008
&gt;&gt; I AM GUESSING YOU DID NOT  

264
00:10:09,008 --> 00:10:13,245
UPDATE THE POWERPOINT FROM  

265
00:10:13,245 --> 00:10:13,512
FRIDAY?  

266
00:10:13,512 --> 00:10:14,614
&gt;&gt; WE HAVE THE SAME ONE THIS  

267
00:10:14,614 --> 00:10:14,914
MORNING.  

268
00:10:14,914 --> 00:10:25,224
&gt;&gt; OKAY, GREAT.   

269
00:10:27,093 --> 00:10:28,127
&gt;&gt; AGAIN, GOOD MORNING AND THAN 

270
00:10:28,127 --> 00:10:29,295
YOU FOR THE TIME. WE ARE EXCITE 

271
00:10:29,295 --> 00:10:30,563
TO BE HERE IN FRONT OF YOU TO  

272
00:10:30,563 --> 00:10:31,630
TALK ABOUT, AS YOU SAID COUNCIL 

273
00:10:31,630 --> 00:10:32,498
PRESIDENT, A PROJECT THAT HAS  

274
00:10:32,498 --> 00:10:33,499
BEEN YEARS, IF NOT DECADES IN  

275
00:10:33,499 --> 00:10:34,567
THE MAKING. I THINK EVERYONE IS 

276
00:10:34,567 --> 00:10:40,239
FAMILIAR WITH MEMORIAL STADIUM. 

277
00:10:40,239 --> 00:10:41,507
 IT IS A 75-YEAR-OLD FACILITY,  

278
00:10:41,507 --> 00:10:42,308
WHICH WE HAVE BEEN IN  

279
00:10:42,308 --> 00:10:43,009
PARTNERSHIP WITH THE SCHOOL  

280
00:10:43,009 --> 00:10:43,876
DISTRICT ON ITS OPERATIONS FROM 

281
00:10:43,876 --> 00:10:45,077
VERY EARLY ON. IT IS A CRITICAL 

282
00:10:45,077 --> 00:10:46,078
PART OF THE SEATTLE CAMPUS AND  

283
00:10:46,078 --> 00:10:48,347
WE ARE VERY EXCITED TO BE AT TH 

284
00:10:48,347 --> 00:10:49,515
POINT WHERE WE ARE ABLE TO COME 

285
00:10:49,515 --> 00:10:50,716
FORWARD AND TALK TO YOU ABOUT A 

286
00:10:50,716 --> 00:10:56,589
PARTNERSHIP WITH THE DISTRICT   

287
00:10:56,589 --> 00:10:57,423
TO REDEVELOP THE STADIUM. AT  

288
00:10:57,423 --> 00:10:58,658
THIS POINT, WE THINK IT IS TIME 

289
00:10:58,658 --> 00:10:59,925
TO REPLACE IT. WE CAN HAVE AN  

290
00:10:59,925 --> 00:11:02,395
INCREDIBLE NEW STATE-OF-THE-ART 

291
00:11:02,395 --> 00:11:03,195
FACILITY FIRST AND FOREMOST A  

292
00:11:03,195 --> 00:11:03,863
SERVER PUBLIC-SCHOOL STUDENTS  

293
00:11:03,863 --> 00:11:09,568
AND ALSO TO BE A CRITICAL PART 

294
00:11:09,568 --> 00:11:12,371
OF  THE SEATTLE CENTER. I AM  

295
00:11:12,371 --> 00:11:13,439
SURE THAT YOU KNOW THAT STADIUM 

296
00:11:13,439 --> 00:11:14,340
IS A CENTER FOR OBVIOUSLY  

297
00:11:14,340 --> 00:11:14,840
STUDENT ATHLETICS AND  

298
00:11:14,840 --> 00:11:18,110
GRADUATIONS, BUT ALSO SOME OF  

299
00:11:18,110 --> 00:11:18,944
THE MAJOR, YOU KNOW, PUBLIC  

300
00:11:18,944 --> 00:11:19,645
MOMENTS AT SEATTLE CENTER,  

301
00:11:19,645 --> 00:11:25,317
WHETHER IT IS AN INCREDIBLE  

302
00:11:25,317 --> 00:11:30,456
MUSIC EXPERIENCE . MANY OF OUR  

303
00:11:30,456 --> 00:11:31,323
OTHER FESTIVALS THAT ALSO HAVE  

304
00:11:31,323 --> 00:11:32,391
ENJOYED THE USE OF THAT STADIUM 

305
00:11:32,391 --> 00:11:33,492
OVER THE YEARS. AS WE LOOK  

306
00:11:33,492 --> 00:11:34,427
FORWARD TO THE FUTURE OF SEATTL 

307
00:11:34,427 --> 00:11:35,327
CENTER, HAVING A NEW STADIUM  

308
00:11:35,327 --> 00:11:36,529
WILL BE AN ENORMOUS ASSET TO AL 

309
00:11:36,529 --> 00:11:42,234
OF THE PUBLIC PROGRAMS THAT WE 

310
00:11:42,234 --> 00:11:50,843
OFFER  THE COMMUNITY. WE ARE  

311
00:11:50,843 --> 00:11:51,811
VERY EXCITED TO HAVE THE  

312
00:11:51,811 --> 00:11:52,678
DISTRICT AS OUR PARTNER AND AS  

313
00:11:52,678 --> 00:11:53,379
YOU DESCRIBED THE COUNCIL  

314
00:11:53,379 --> 00:11:54,413
PRESIDENT TO BE LOOKING FOR A  

315
00:11:54,413 --> 00:11:55,247
PARTNER, A PRIVATE PARTNER TO  

316
00:11:55,247 --> 00:11:56,649
STEP IN AND WORK WITH US, TO BE 

317
00:11:56,649 --> 00:11:57,483
ABLE TO REDEVELOP THAT FACILITY 

318
00:11:57,483 --> 00:11:58,350
AND HAVE AN INCREDIBLE NEW  

319
00:11:58,350 --> 00:11:59,218
FACILITY FOR THE FUTURE. THE  

320
00:11:59,218 --> 00:12:00,019
RESOLUTION THAT IS BEFORE YOU  

321
00:12:00,019 --> 00:12:00,953
TODAY HAS THREE KEY THINGS.  

322
00:12:00,953 --> 00:12:05,691
FIRST, IT AIMS TO AFFIRM THE  

323
00:12:05,691 --> 00:12:06,725
DIRECTION WE ARE ON. AS YOU  

324
00:12:06,725 --> 00:12:12,364
MENTIONED, WE HAVE HAD SEVERAL 

325
00:12:12,364 --> 00:12:16,102
MOUs  AND LETTER AGREEMENTS WIT 

326
00:12:16,102 --> 00:12:17,269
THE DISTRICT TO SORT OF SET THE 

327
00:12:17,269 --> 00:12:18,471
STAGE FOR THIS. BUT WE ARE NOW  

328
00:12:18,471 --> 00:12:19,705
AT A POINT WHERE WE ARE MOVING  

329
00:12:19,705 --> 00:12:20,940
DOWN THE PATH AND WE WOULD LIKE 

330
00:12:20,940 --> 00:12:22,141
TO AFFIRM THE OVERALL DIRECTION 

331
00:12:22,141 --> 00:12:23,008
MAKES SENSE IN TERMS OF THE COR 

332
00:12:23,008 --> 00:12:23,843
GOALS OF SUPPORTING STUDENTS AN 

333
00:12:23,843 --> 00:12:24,543
SUPPORTING THE FACILITIES AND  

334
00:12:24,543 --> 00:12:26,745
INTEGRATION WITH THE CAMPUS. TH 

335
00:12:26,745 --> 00:12:28,347
SECOND KEY THING IT DOES IS IT  

336
00:12:28,347 --> 00:12:38,891
ASKS THE EXECUTIVE TO ADVANCE   

337
00:12:44,063 --> 00:12:45,097
ONCE A PARTNER IS SELECTED, TO  

338
00:12:45,097 --> 00:12:45,764
ADVANCE NEGOTIATING AGREEMENTS  

339
00:12:45,764 --> 00:12:46,565
WITH THEM FOR THE BUILDING AND  

340
00:12:46,565 --> 00:12:47,366
THEN ULTIMATELY TO BRING THOSE  

341
00:12:47,366 --> 00:12:48,234
AGREEMENTS BACK FOR THE CITY  

342
00:12:48,234 --> 00:12:48,868
COUNCIL'S CONSIDERATION. ONE  

343
00:12:48,868 --> 00:12:49,802
IMPORTANT THING I WANT TO FLAG  

344
00:12:49,802 --> 00:12:50,970
IS WE HAD A PRETTY HIGH LEVEL.  

345
00:12:50,970 --> 00:13:01,480
WE DO NOT HAVE ANY DETAILED   

346
00:13:02,481 --> 00:13:03,315
TERMS NEGOTIATED. WE KNOW WHAT  

347
00:13:03,315 --> 00:13:04,350
OUR PUBLIC GOALS ARE. WHEN YOU  

348
00:13:04,350 --> 00:13:05,084
SEE THOSE IMPLEMENTED AGREEMENT 

349
00:13:05,084 --> 00:13:05,951
LATER THIS SUMMER, THAT IS WHEN 

350
00:13:05,951 --> 00:13:06,986
YOU WILL SEE SPECIFICS ON THE  

351
00:13:06,986 --> 00:13:07,720
FINANCIAL TERMS AND OTHER  

352
00:13:07,720 --> 00:13:08,587
ASPECTS COME FORWARD. AND THEN  

353
00:13:08,587 --> 00:13:09,488
THE THIRD THING THE RESOLUTION  

354
00:13:09,488 --> 00:13:17,163
DOES IS IT REALLY  FOCUSES US O 

355
00:13:17,163 --> 00:13:17,663
DOING GREAT COMMUNITY  

356
00:13:17,663 --> 00:13:18,330
ENGAGEMENT, ROBUST ENGAGEMENT  

357
00:13:18,330 --> 00:13:19,231
OVER THE COURSE OF THE SUMMER  

358
00:13:19,231 --> 00:13:20,199
WITH THE COMMUNITY AROUND THIS  

359
00:13:20,199 --> 00:13:20,966
PROJECT. ONCE WE HAVE THAT  

360
00:13:20,966 --> 00:13:21,867
PARTNER SELECTED, WE CAN REALLY 

361
00:13:21,867 --> 00:13:23,536
ROLL UP OUR SLEEVES AND DO THAT 

362
00:13:23,536 --> 00:13:24,703
WORK. SO, THAT IS JUST A QUICK  

363
00:13:24,703 --> 00:13:25,804
INTRO OVERALL. I WILL TURN IT  

364
00:13:25,804 --> 00:13:27,840
OVER TO DAVID, WHO WILL WALK YO 

365
00:13:27,840 --> 00:13:28,641
THROUGH A HIGH-LEVEL SUMMARY OF 

366
00:13:28,641 --> 00:13:29,742
A LITTLE MORE ABOUT THE STADIUM 

367
00:13:29,742 --> 00:13:40,319
AND HOW THE PROCESS WILL WORK.  

368
00:13:40,820 --> 00:13:40,886
 

369
00:13:40,886 --> 00:13:41,620
&gt;&gt; ALL RIGHT, THANK YOU,  

370
00:13:41,620 --> 00:13:42,188
MARSHALL. THANK YOU,  

371
00:13:42,188 --> 00:13:42,888
COUNCILMEMBERS. AS MENTIONED, I 

372
00:13:42,888 --> 00:13:45,991
WALKED THROUGH A HIGH LEVEL. MY 

373
00:13:45,991 --> 00:13:47,259
PARTNERS MAY JUMP IN IF NEED BE 

374
00:13:47,259 --> 00:13:48,427
BUT WE WILL HIT THE POINTS YOU  

375
00:13:48,427 --> 00:13:49,361
HAVE HEARD AND SOME ADDITIONAL  

376
00:13:49,361 --> 00:13:53,065
ONES. THE HIGHLIGHTED ONES, AS  

377
00:13:53,065 --> 00:13:54,099
NOTED, THIS SITE HAS BEEN AN  

378
00:13:54,099 --> 00:13:57,436
IMPORTANT PART OF SEATTLE AND  

379
00:13:57,436 --> 00:13:58,103
NORTHWEST HISTORY. OBVIOUSLY,  

380
00:13:58,103 --> 00:14:00,272
SINCE THE WORLD'S FAIR.  

381
00:14:00,272 --> 00:14:10,850
CURRENTLY, IT IS WELL LOVED  AN 

382
00:14:11,884 --> 00:14:12,751
SINCE WORKING ON THIS PROJECT,  

383
00:14:12,751 --> 00:14:13,953
EVERYONE WE HAVE SPOKEN TO HAS  

384
00:14:13,953 --> 00:14:14,753
STORY ABOUT THIS FACILITY AND  

385
00:14:14,753 --> 00:14:15,654
THAT IS VERY EXCITING, WHETHER  

386
00:14:15,654 --> 00:14:16,855
YOU ARE A STUDENT ATHLETE OR YO 

387
00:14:16,855 --> 00:14:17,890
HAVE ATTENDED AN EVENT HERE. IT 

388
00:14:17,890 --> 00:14:20,960
SEEMS LIKE THIS THIS LOCATION  

389
00:14:20,960 --> 00:14:21,994
HAS A SPECIAL PLACE IN PEOPLE'S 

390
00:14:21,994 --> 00:14:22,795
HEARTS. SO, OBVIOUSLY THIS IS  

391
00:14:22,795 --> 00:14:27,499
PART OF WHAT WE ARE TRYING TO  

392
00:14:27,499 --> 00:14:28,400
CAPTURE. NEXT. SO, THE EXISTING 

393
00:14:28,400 --> 00:14:29,435
CONDITIONS, I THINK WE ARE ALL  

394
00:14:29,435 --> 00:14:30,603
VERY MUCH AWARE OF THE  

395
00:14:30,603 --> 00:14:33,739
CONDITIONS OF THE FACILITY. THE 

396
00:14:33,739 --> 00:14:39,478
DISTRICT HAS BEEN ABLE TO KEEP 

397
00:14:39,478 --> 00:14:46,452
UP  WHAT IS NECESSARY TO KEEP I 

398
00:14:46,452 --> 00:14:47,286
ACTIVE FOR STUDENT ATHLETES, BU 

399
00:14:47,286 --> 00:14:48,487
AS YOU CAN SEE, EVEN FROM THIS  

400
00:14:48,487 --> 00:14:49,521
IMAGE, THERE ARE A LOT OF  

401
00:14:49,521 --> 00:14:51,290
DIFFERENT MAINTENANCE LOCATIONS 

402
00:14:51,290 --> 00:14:52,691
WE ARE AT A POINT NOW WHERE WE  

403
00:14:52,691 --> 00:14:53,826
BELIEVE WE ARE COMING TO THE EN 

404
00:14:53,826 --> 00:14:57,796
ITS USEFUL LIFE AND IN ADDITION 

405
00:14:57,796 --> 00:14:58,831
TO THAT, AS YOU CAN IMAGINE,  

406
00:14:58,831 --> 00:14:59,999
THERE ARE A MYRIAD OF CODES THA 

407
00:14:59,999 --> 00:15:01,066
WE WOULD LIKE TO GET THIS  

408
00:15:01,066 --> 00:15:11,644
FACILITY UP TO,  SO IN ADDITION 

409
00:15:17,016 --> 00:15:17,950
TO DOING THE SORT OF FUNCTIONAL 

410
00:15:17,950 --> 00:15:18,651
REQUIREMENTS, IT REALLY CRATES  

411
00:15:18,651 --> 00:15:19,485
AN OPPORTUNITY. THAT IS REALLY  

412
00:15:19,485 --> 00:15:20,686
WHAT WE ARE HERE TO TALK ABOUT. 

413
00:15:20,686 --> 00:15:21,987
IT IS CREATING AN OPPORTUNITY T 

414
00:15:21,987 --> 00:15:22,721
NOT ONLY REPLACE A FACILITY IN  

415
00:15:22,721 --> 00:15:23,756
KIND BUT ALSO MAKE IT SOMETHING 

416
00:15:23,756 --> 00:15:24,456
MUCH GREATER THAT REALLY  

417
00:15:24,456 --> 00:15:25,124
INTEGRATES WITH THE SEATTLE  

418
00:15:25,124 --> 00:15:26,125
CENTER CAMPUS AND MEETS SOME OF 

419
00:15:26,125 --> 00:15:27,192
THE GOALS OF THE CITY IN  

420
00:15:27,192 --> 00:15:33,065
ADDITION TO THE PARTNER AT THE  

421
00:15:33,065 --> 00:15:33,932
SCHOOL. MARSHALL? SO, THIS LIGH 

422
00:15:33,932 --> 00:15:35,034
HIGHLIGHTS SOME OF THE WORK THA 

423
00:15:35,034 --> 00:15:36,135
HAS BEEN DONE TO DATE WITH OUR  

424
00:15:36,135 --> 00:15:37,002
SCHOOL DISTRICT PARTNERS.  THER 

425
00:15:37,002 --> 00:15:39,972
HAS BEEN WORK WITH STAKEHOLDERS 

426
00:15:39,972 --> 00:15:40,839
AND VARIOUS ELEMENTS WITHIN THE 

427
00:15:40,839 --> 00:15:43,575
CITY AND THE SCHOOL DISTRICT,  

428
00:15:43,575 --> 00:15:44,543
TRYING TO BRING SOME OF THE  

429
00:15:44,543 --> 00:15:49,481
VALUE FORWARD FOR THE PROJECT  

430
00:15:49,481 --> 00:15:50,683
AND A FEW THAT I WILL HIGHLIGHT 

431
00:15:50,683 --> 00:15:51,784
HERE THAT ARE IN THE CENTER OF  

432
00:15:51,784 --> 00:15:58,691
THIS SCREEN REALLY STOOD  HERE  

433
00:15:58,691 --> 00:15:59,591
WITH THE COMMUNITY AND SEATTLE  

434
00:15:59,591 --> 00:16:00,392
CENTER. YOU KNOW, THE STUDENT  

435
00:16:00,392 --> 00:16:03,128
FOCUS, THE STUDENT CENTER IS  

436
00:16:03,128 --> 00:16:06,932
VERY IMPORTANT HERE AND IT IS  

437
00:16:06,932 --> 00:16:07,800
EXCITING. IT IS ABOUT STUDENT  

438
00:16:07,800 --> 00:16:08,801
ATHLETES BUT IT IS MUCH BROADER 

439
00:16:08,801 --> 00:16:12,071
THAN THAT. IT IS ABOUT STUDENTS 

440
00:16:12,071 --> 00:16:12,938
IN WHATEVER THEY MIGHT INTERSEC 

441
00:16:12,938 --> 00:16:17,943
WITH THE FACILITY CURRENTLY AND 

442
00:16:17,943 --> 00:16:18,944
HOW THEY MIGHT INTERSECT IN THE 

443
00:16:18,944 --> 00:16:24,616
FUTURE. WE ARE REALLY LOOKING  

444
00:16:24,616 --> 00:16:26,952
FOR OPPORTUNITIES  TO INTEGRATE 

445
00:16:26,952 --> 00:16:27,820
STUDENTS INTO NOT ONLY SPORTS,  

446
00:16:27,820 --> 00:16:28,654
BUT OTHER ELEMENTS OF STUDENT  

447
00:16:28,654 --> 00:16:29,621
LIFE AND THE FUNCTION OF THE  

448
00:16:29,621 --> 00:16:34,793
FACILITY AS WELL. WE HAVE CAST  

449
00:16:34,793 --> 00:16:36,662
WIDE NET WITH THE RFP AND ACTIN 

450
00:16:36,662 --> 00:16:37,863
THEM TO SEE ALL THE WAYS THAT  

451
00:16:37,863 --> 00:16:43,736
THEY MIGHT BE INCLUDED IN ALL  

452
00:16:43,736 --> 00:16:44,570
THE ELEMENTS, INCLUDING THE WAY 

453
00:16:44,570 --> 00:16:45,671
THAT THE FACILITY MIGHT BE RUN  

454
00:16:45,671 --> 00:16:48,907
IN HOSPITALITY AND MAINTENANCE  

455
00:16:48,907 --> 00:16:49,675
AND TECHNOLOGY AND EVERYTHING  

456
00:16:49,675 --> 00:16:57,483
LIKE THAT. MARSHALL?  THIS IS  

457
00:16:57,483 --> 00:16:58,150
ANOTHER LIST OF THESE  

458
00:16:58,150 --> 00:16:59,018
PRINCIPLES. THESE ARE REALLY TH 

459
00:16:59,018 --> 00:17:04,556
VALUES THAT CAME FORWARD AND  

460
00:17:04,556 --> 00:17:05,758
THEN WORK THAT WAS DONE WITH TH 

461
00:17:05,758 --> 00:17:06,558
STAKEHOLDERS AND COMMUNITY 

462
00:17:06,558 --> 00:17:07,259
STAKEHOLDERS IN ADDITION TO THE 

463
00:17:07,259 --> 00:17:09,328
DISTRICT AND THE CITY AND I WIL 

464
00:17:09,328 --> 00:17:10,396
NOT RUN THROUGH THE LIST, BUT  

465
00:17:10,396 --> 00:17:11,597
YOU CAN SEE THE VALUES THAT WE  

466
00:17:11,597 --> 00:17:16,902
HAVE REALLY EMBEDDED INTO  

467
00:17:16,902 --> 00:17:17,903
EVERYTHING WITH OUR PARTNER AND 

468
00:17:17,903 --> 00:17:18,871
THAT WILL BE IMPORTANT. WE HAVE 

469
00:17:18,871 --> 00:17:19,705
ASKED THEM THROUGH THE PROCESS  

470
00:17:19,705 --> 00:17:27,379
TO REALLY HIGHLIGHT THESE EQUIT 

471
00:17:27,379 --> 00:17:29,515
THINGS.  ALSO THE PUBLIC PROCES 

472
00:17:29,515 --> 00:17:35,220
THAT ALSO WILL FOLLOW HERE.   

473
00:17:35,220 --> 00:17:36,088
CENTERING STUDENTS, AGAIN, IT I 

474
00:17:36,088 --> 00:17:37,056
GOING TO BE VERY IMPORTANT. THE 

475
00:17:37,056 --> 00:17:38,123
DISTRICT HAS PLACED A HIGH VALU 

476
00:17:38,123 --> 00:17:42,394
ON HOW WE ARE GOING TO BE  

477
00:17:42,394 --> 00:17:43,262
REVIEWING THESE RFPs WHEN THEY  

478
00:17:43,262 --> 00:17:46,865
COME IN. IN ADDITION TO THE DEA 

479
00:17:46,865 --> 00:17:47,933
TERMS, WE WILL BE VERY MUCH  

480
00:17:47,933 --> 00:17:57,276
FOCUSED ON THAT. NEXT.  I WILL  

481
00:17:57,276 --> 00:17:58,377
SPEND A LITTLE BIT OF TIME ON  

482
00:17:58,377 --> 00:17:59,611
THIS SLIDE BECAUSE I THINK IT I 

483
00:17:59,611 --> 00:18:00,412
IMPORTANT TO UNDERSTAND AND IT  

484
00:18:00,412 --> 00:18:01,513
WILL BE VERY IMPORTANT WHEN WE  

485
00:18:01,513 --> 00:18:05,651
COME FORWARD WITH A PROPOSAL.  

486
00:18:05,651 --> 00:18:06,852
SO, IF YOU LOOK AT THIS, PARCEL 

487
00:18:06,852 --> 00:18:09,555
A AND PARCEL B ARE BOTH OWNED B 

488
00:18:09,555 --> 00:18:15,861
THE SCHOOL DISTRICT.  PARCEL A  

489
00:18:15,861 --> 00:18:16,695
IS PRIMARILY WHERE THE STADIUM  

490
00:18:16,695 --> 00:18:17,629
SITS CURRENTLY. YOU CAN SEE THA 

491
00:18:17,629 --> 00:18:21,967
IN THE PURPLE COLOR. AND THEN  

492
00:18:21,967 --> 00:18:23,035
THE HASH ELEMENTS ON PARCEL B,  

493
00:18:23,035 --> 00:18:28,006
THAT IS A PARKING LOT. AGAIN,  

494
00:18:28,006 --> 00:18:29,007
THAT IS OWNED ON FIFTH AVENUE  

495
00:18:29,007 --> 00:18:30,209
AND THEY USE THAT AS AN INCOME  

496
00:18:30,209 --> 00:18:35,414
SOURCE WITH THE RENTAL FOR THAT 

497
00:18:35,414 --> 00:18:36,482
HOWEVER, OF NOTE IS THE FACT  

498
00:18:36,482 --> 00:18:37,149
THAT THE STADIUM ACTUALLY  

499
00:18:37,149 --> 00:18:39,852
CROSSES THE CURRENT STADIUM,  

500
00:18:39,852 --> 00:18:43,355
BOTH PARCELS. THE MEMORIAL WALL 

501
00:18:43,355 --> 00:18:53,899
IS, IN FACT,  TO THE RIGHT OF  

502
00:18:54,299 --> 00:18:55,134
THE PURPLE, RIGHT ON THE LINE.  

503
00:18:55,134 --> 00:18:56,168
THANK YOU, MARSHALL. THAT IS  

504
00:18:56,168 --> 00:18:56,869
HELPFUL. THE WALL IS RIGHT  

505
00:18:56,869 --> 00:18:57,903
THERE. IN THE RFP, WE ARE  

506
00:18:57,903 --> 00:18:58,604
OFFERING THE PROPOSAL TO  

507
00:18:58,604 --> 00:19:04,476
BASICALLY LOOK AT PARCEL A AND  

508
00:19:04,476 --> 00:19:06,512
PART OF  PARCEL B FOR THE  

509
00:19:06,512 --> 00:19:07,346
LOCATION OF THE STADIUM. THEY  

510
00:19:07,346 --> 00:19:13,452
MAY ALSO, IF THEY WISH IN THEIR 

511
00:19:13,452 --> 00:19:17,789
PROPOSAL, CONSIDER  THE REST OF 

512
00:19:17,789 --> 00:19:19,024
PARCEL B. IT IS IMPORTANT TO TH 

513
00:19:19,024 --> 00:19:19,758
DISTRICT, OF COURSE, THAT THEY  

514
00:19:19,758 --> 00:19:20,459
WOULD BE COMPENSATED FOR  

515
00:19:20,459 --> 00:19:21,260
WHATEVER THE PROPOSAL MIGHT BE  

516
00:19:21,260 --> 00:19:22,494
ON THAT PART OF THE SITE .  

517
00:19:22,494 --> 00:19:30,035
HOWEVER, IT IS OPEN TO PROPOSAL 

518
00:19:30,035 --> 00:19:31,236
 TO BRING FORWARD SOMETHING THA 

519
00:19:31,236 --> 00:19:32,504
NOT ONLY MEETS THE NEEDS OF THE 

520
00:19:32,504 --> 00:19:33,405
STADIUM, BUT SOMETHING LARGER I 

521
00:19:33,405 --> 00:19:34,540
THEY WISH. I ALSO WANTED TO NOT 

522
00:19:34,540 --> 00:19:38,644
A COUPLE OF THE OTHER DASHED  

523
00:19:38,644 --> 00:19:39,378
LINES. THOSE ARE EXISTING  

524
00:19:39,378 --> 00:19:40,212
EASEMENTS, INCLUDING THE ONE IN 

525
00:19:40,212 --> 00:19:41,246
RED, WHICH IS TO THE NORTH,  

526
00:19:41,246 --> 00:19:44,149
WHICH IS THE CURRENT STANCE  

527
00:19:44,149 --> 00:19:45,017
WHICH CROSSES OVER CITY PROPERT 

528
00:19:45,017 --> 00:19:48,120
AND BRINGS IT CLOSE TO McCALL  

529
00:19:48,120 --> 00:19:48,954
HALL. THANK YOU, MARSHALL. IN  

530
00:19:48,954 --> 00:19:49,855
TERMS OF THE PROGRAM  

531
00:19:49,855 --> 00:20:00,132
REQUIREMENTS, THE RFP  GOES INT 

532
00:20:00,132 --> 00:20:01,033
GREAT DETAIL ABOUT THE STADIUM  

533
00:20:01,033 --> 00:20:02,067
AND ALL THE ELEMENTS THAT ARE  

534
00:20:02,067 --> 00:20:03,201
INCLUDED. I DID WANT TO SPEAK T 

535
00:20:03,201 --> 00:20:04,303
SOME OF THE ELEMENTS THAT ARE  

536
00:20:04,303 --> 00:20:14,846
IMPORTANT TO SEATTLE CENTER .  

537
00:20:18,784 --> 00:20:19,685
THE OPEN-SPACE EXPANSION IS AN  

538
00:20:19,685 --> 00:20:20,485
IMPORTANT ONE. WE ARE ALWAYS  

539
00:20:20,485 --> 00:20:21,286
LOOKING AT WAYS TO INTEGRATE  

540
00:20:21,286 --> 00:20:22,321
INTO THE CAMPUS AND ALLOW MORE  

541
00:20:22,321 --> 00:20:23,021
OPPORTUNITY FOR PROGRAMMING INT 

542
00:20:23,021 --> 00:20:24,022
OPEN SPACES. WE DO HAVE SOME  

543
00:20:24,022 --> 00:20:24,723
PHYSICAL ELEMENTS THAT ARE  

544
00:20:24,723 --> 00:20:25,624
IMPORTANT TO US TO INTEGRATE,  

545
00:20:25,624 --> 00:20:26,391
SHOPS AND WAREHOUSES. I WILL  

546
00:20:26,391 --> 00:20:27,092
HIGHLIGHT THESE PARTICULAR ONES 

547
00:20:27,092 --> 00:20:27,993
THAT IS CURRENTLY OFF-SITE AND  

548
00:20:27,993 --> 00:20:29,027
WE CURRENTLY LEASE A SPACE AND  

549
00:20:29,027 --> 00:20:32,130
WE WOULD LOVE TO BRING THAT BAC 

550
00:20:32,130 --> 00:20:35,267
TO THE CAMPUS, NOT ONLY TO  

551
00:20:35,267 --> 00:20:36,335
INTEGRATE IT, BUT ALSO TO BE  

552
00:20:36,335 --> 00:20:46,912
ABLE TO SUPPORT IT ON CAMPUS  I 

553
00:20:50,649 --> 00:20:51,683
THE FUTURE. LOOKING AT WAYS TO  

554
00:20:51,683 --> 00:20:52,250
INTEGRATE THAT INTO THE  

555
00:20:52,250 --> 00:20:52,851
FACILITY, THE EXISTING  

556
00:20:52,851 --> 00:20:53,652
WAREHOUSE, FOR EXAMPLE, IS UNDE 

557
00:20:53,652 --> 00:20:54,620
THOSE STANDS. WE DO HAVE AN  

558
00:20:54,620 --> 00:20:55,554
INTEGRATION OF SOME OF THESE  

559
00:20:55,554 --> 00:20:56,388
HOUSE SPACES CURRENTLY. WE ARE  

560
00:20:56,388 --> 00:20:59,958
LOOKING TO CONTINUE THAT, OF  

561
00:20:59,958 --> 00:21:00,826
COURSE. AND THEN THIS PARTICULA 

562
00:21:00,826 --> 00:21:06,832
AREA, THIS IS A PUBLIC BIKE AND 

563
00:21:06,832 --> 00:21:09,268
WALK PATH  THAT PASSES THROUGH  

564
00:21:09,268 --> 00:21:10,469
PART OF THE CAMPUS. IT DOES NOT 

565
00:21:10,469 --> 00:21:11,536
CONNECT ALL THE WAY TO FIFTH  

566
00:21:11,536 --> 00:21:12,371
AVENUE. WE WOULD LOVE TO  

567
00:21:12,371 --> 00:21:14,740
COMPLETE THAT AS A WAYFINDING  

568
00:21:14,740 --> 00:21:15,440
AND IMPORTANT EGRESS POINT  

569
00:21:15,440 --> 00:21:24,049
ACROSS CAMPUS IF WE ARE ABLE TO 

570
00:21:24,049 --> 00:21:25,317
 AND THEN, FINALLY, THE LAST  

571
00:21:25,317 --> 00:21:26,184
THING TO HIGHLIGHT IS THE  

572
00:21:26,184 --> 00:21:26,852
INTERROGATION CONNECTIONS. ONE  

573
00:21:26,852 --> 00:21:30,889
OF THE BIGGEST GOALS OF THIS  

574
00:21:30,889 --> 00:21:31,990
PROJECT IS TO BRING DOWN THE  

575
00:21:31,990 --> 00:21:32,991
WALLS OF THE CURRENT STADIUM AN 

576
00:21:32,991 --> 00:21:33,859
TO MAKE IT MORE VISUALLY  

577
00:21:33,859 --> 00:21:42,067
INTEGRATIVE BUT ALSO  ALL THE 

578
00:21:42,067 --> 00:21:42,968
EDGES AROUND THOSE SPACES ARE  

579
00:21:42,968 --> 00:21:43,535
IMPORTANT AND THOSE ARE 

580
00:21:43,535 --> 00:21:44,269
IMPORTANT FOR PROGRAMMING TO  

581
00:21:44,269 --> 00:21:45,070
SEATTLE CENTER'S. WE CAN SUPPOR 

582
00:21:45,070 --> 00:21:48,140
NOT ONLY LARGE VENDORS WHO CALM 

583
00:21:48,140 --> 00:21:49,007
AND PERHAPS PERFORM, BUT ALSO  

584
00:21:49,007 --> 00:21:50,409
VERY SMALL ONES AS WELL AND ALL 

585
00:21:50,409 --> 00:21:55,881
OF THOSE SPACES MAKE THOSE  

586
00:21:55,881 --> 00:21:56,782
OPPORTUNITIES. AND THEN I WANT  

587
00:21:56,782 --> 00:21:57,482
TO HIGHLIGHT DESIGN EXCELLENCE  

588
00:21:57,482 --> 00:22:01,053
WILL BE VERY IMPORTANT AS WE TR 

589
00:22:01,053 --> 00:22:02,054
TO INTEGRATE TO OUR EXISTING  

590
00:22:02,054 --> 00:22:02,721
CAMPUS. THANK YOU, MARSHALL.  

591
00:22:02,721 --> 00:22:08,260
THIS IS A VERY HIGH-LEVEL 

592
00:22:08,260 --> 00:22:14,499
SCHEDULE.  IT IS REALLY INTENDE 

593
00:22:14,499 --> 00:22:15,867
TO LAY OUT THE STEPS. ONCE WE D 

594
00:22:15,867 --> 00:22:17,169
HAVE A PARTNER, AND WE DO ENTER 

595
00:22:17,169 --> 00:22:17,903
INTO CONTRACT NEGOTIATIONS, WE  

596
00:22:17,903 --> 00:22:18,804
CAN GET MORE SERIOUS ABOUT THAT 

597
00:22:18,804 --> 00:22:19,771
I JUST WANTED TO HIGHLIGHT THE  

598
00:22:19,771 --> 00:22:26,211
PROCESS AFTER WE HAVE SELECTED  

599
00:22:26,211 --> 00:22:28,580
PARTNER , NEGOTIATIONS WILL BE  

600
00:22:28,580 --> 00:22:29,581
VERY IMPORTANT. IT IS HARD TO  

601
00:22:29,581 --> 00:22:30,649
KNOW WHAT THAT WILL LOOK LIKE  

602
00:22:30,649 --> 00:22:31,850
BECAUSE WE WILL HAVE TO WAIT TO 

603
00:22:31,850 --> 00:22:32,784
SEE WHAT THE PROPOSALS ARE.  

604
00:22:32,784 --> 00:22:33,485
FOLLOWING THOSE NEGOTIATIONS IS 

605
00:22:33,485 --> 00:22:35,287
WHEN WE WOULD BE BACK TO THE  

606
00:22:35,287 --> 00:22:40,826
COUNCIL WITH THE IMPLEMENTING 

607
00:22:40,826 --> 00:22:43,028
AGREEMENTS . AND THEN IN TERMS  

608
00:22:43,028 --> 00:22:44,096
OF THE TIMING OF THE OVERALL  

609
00:22:44,096 --> 00:22:44,896
PROJECT, AGAIN, THAT WILL DEPEN 

610
00:22:44,896 --> 00:22:45,964
ON WHAT THE FINAL PROPOSAL IS.  

611
00:22:45,964 --> 00:22:46,798
WE ARE CERTAINLY HOPING TO  

612
00:22:46,798 --> 00:22:50,502
COMPLETE THE PROJECT WITH A GOA 

613
00:22:50,502 --> 00:22:59,678
OF THE END OF DECEMBER OF 2027. 

614
00:22:59,678 --> 00:23:01,246
 AND WITH THAT, I THINK THAT IS 

615
00:23:01,246 --> 00:23:02,447
THE END OF THE POWERPOINT AND I 

616
00:23:02,447 --> 00:23:03,515
WILL HAND IT BACK TO MARSHALL.  

617
00:23:03,515 --> 00:23:03,849
THANK YOU.  

618
00:23:03,849 --> 00:23:05,016
&gt;&gt; OKAY, THANK YOU SO MUCH. I  

619
00:23:05,016 --> 00:23:07,085
JUST WANTED TO, AS WE EMPHASIZE 

620
00:23:07,085 --> 00:23:08,120
ONE THING IN TERMS OF THE  

621
00:23:08,120 --> 00:23:14,226
FINANCIAL SIDE OF THE PROJECT,  

622
00:23:14,226 --> 00:23:15,160
ONE THING THAT I THINK WE HAVE  

623
00:23:15,160 --> 00:23:15,961
LEARNED FROM OTHER PARTNERSHIPS 

624
00:23:15,961 --> 00:23:16,862
LIKE THIS IS THE IMPORTANCE OF  

625
00:23:16,862 --> 00:23:17,729
BEING REALLY CLEAR ABOUT, YOU  

626
00:23:17,729 --> 00:23:22,601
KNOW, WHAT ARE THE CITY'S  

627
00:23:22,601 --> 00:23:23,502
EXPECTATIONS GOING TO BE? WE  

628
00:23:23,502 --> 00:23:28,373
INCLUDED IN THE LANGUAGE THAT A 

629
00:23:28,373 --> 00:23:29,307
THE PRESIDENT, THERE IS BOTH  

630
00:23:29,307 --> 00:23:32,811
SCHOOL DISTRICTS AND CITY  

631
00:23:32,811 --> 00:23:33,712
FUNDING THAT HAS BEEN IDENTIFIE 

632
00:23:33,712 --> 00:23:35,280
FOR THE PROJECT. BUT THAT IS TH 

633
00:23:35,280 --> 00:23:39,785
EXTENT OF THE CITY OF P█UBLIC  

634
00:23:39,785 --> 00:23:40,485
FUNDING AVAILABLE. CITY FUNDING 

635
00:23:40,485 --> 00:23:41,353
AVAILABLE FOR THE PROJECT. WE  

636
00:23:41,353 --> 00:23:42,721
REALLY ARE LOOKING AT, AS  

637
00:23:42,721 --> 00:23:44,389
PROPOSALS COME FORWARD, THAT  

638
00:23:44,389 --> 00:23:47,859
THEY'VE FOCUS ON THAT. AS THEY  

639
00:23:47,859 --> 00:23:52,264
ARE FUNDING FROM US, AND ALSO I 

640
00:23:52,264 --> 00:23:53,365
TERMS OF -- THOSE QUESTIONS AS  

641
00:23:53,365 --> 00:23:56,635
THE PROJECT DEVELOPS. WE  

642
00:23:56,635 --> 00:24:06,778
ANTICIPATE THE PROJECT PROPOSER 

643
00:24:06,778 --> 00:24:08,013
 TO CARRY THOSE RISKS. JUST  

644
00:24:08,013 --> 00:24:08,814
THINKING ABOUT, KIND OF, BEING  

645
00:24:08,814 --> 00:24:09,548
PHYSICALLY RESPONSIBLE. WE HAVE 

646
00:24:09,548 --> 00:24:10,749
BEEN CLEAR ON THOSE POINTS AS W 

647
00:24:10,749 --> 00:24:11,750
HAVE ESTABLISHED THE APPROACH.  

648
00:24:11,750 --> 00:24:12,150
&gt;&gt; SO?  

649
00:24:12,150 --> 00:24:17,656
&gt;&gt; A RIGHT AHEAD.  

650
00:24:17,656 --> 00:24:19,991
&gt;&gt; BEFORE  -- I WILL HAND IT  

651
00:24:19,991 --> 00:24:20,892
OVER TO SOME COLLEAGUES THAT  

652
00:24:20,892 --> 00:24:21,860
HAVE A LOT OF QUESTIONS. THANK  

653
00:24:21,860 --> 00:24:22,928
YOU FOR THE POWERPOINT. I WANT  

654
00:24:22,928 --> 00:24:23,929
TO CLARIFY SOME ISSUES. I THINK 

655
00:24:23,929 --> 00:24:25,163
WE ARE GOING TO NEED TO SPEND  

656
00:24:25,163 --> 00:24:29,267
SOME TIME ON PAGE 1 OF THE  

657
00:24:29,267 --> 00:24:29,935
RESOLUTION REGARDING THE 21  

658
00:24:29,935 --> 00:24:35,640
MILLION INVESTMENT AND ALSO THE 

659
00:24:35,640 --> 00:24:46,218
BUDGET ACTION  TO MAKE SURE THA 

660
00:24:47,085 --> 00:24:47,819
WE EXPRESS THE COUNCILS INTEND  

661
00:24:47,819 --> 00:24:48,854
TO WORK WITH THE MAYOR AND  

662
00:24:48,854 --> 00:24:49,855
SEATTLE CLERK SCHOOLS TO TO LOO 

663
00:24:49,855 --> 00:24:50,922
AT FUNDING ABOVE THE $25 MILLIO 

664
00:24:50,922 --> 00:24:52,123
MARK. WE PASSED THAT IN THE LAS 

665
00:24:52,123 --> 00:24:52,791
BUDGET CYCLE. HOPEFULLY, THE  

666
00:24:52,791 --> 00:24:54,025
TOTAL WILL BE ON THE CITY SIDE  

667
00:24:54,025 --> 00:24:55,227
OF $40 MILLION. I WANTED -- NEE 

668
00:24:55,227 --> 00:24:56,428
TO PUT THAT OUT THERE. SORRY, I 

669
00:24:56,428 --> 00:24:57,596
WAS NOT A LITTLE MORE CLEAR. I  

670
00:24:57,596 --> 00:24:58,797
WANT TO GO BACK TO DAVID. DAVID 

671
00:24:58,797 --> 00:24:59,865
CAN YOU LET PEOPLE KNOW YOUR  

672
00:24:59,865 --> 00:25:10,375
BACKGROUND? I GOT A  COPY OF  

673
00:25:13,545 --> 00:25:14,846
WHAT YOU DO, BUT I WOULD LIKE M 

674
00:25:14,846 --> 00:25:15,680
COLLEAGUES TO KNOW YOUR TITLE  

675
00:25:15,680 --> 00:25:17,082
AND WHAT YOU DO FOR THE CITY AN 

676
00:25:17,082 --> 00:25:18,250
THEN I HAVE A FEW FOLLOW-UP  

677
00:25:18,250 --> 00:25:19,117
&gt;&gt; THANK YOU, COUNCIL PRESIDENT 

678
00:25:19,117 --> 00:25:20,352
I HAVE BEEN WITH THE CITY COMIN 

679
00:25:20,352 --> 00:25:21,519
UP 24 YEARS. I AM TO AN  

680
00:25:21,519 --> 00:25:22,520
ARCHITECT AND I HAVE WORKED ON  

681
00:25:22,520 --> 00:25:23,088
MANY PROJECTS, INCLUDING  

682
00:25:23,088 --> 00:25:24,956
LIBRARIES FOR ALL AND ALSO THE  

683
00:25:24,956 --> 00:25:25,690
FIRE STATION REPLACEMENT PROGRA 

684
00:25:25,690 --> 00:25:29,694
AND MOST RECENTLY, FAS, AS THE  

685
00:25:29,694 --> 00:25:30,862
DIRECTOR OF CAPITAL DEVELOPMENT 

686
00:25:30,862 --> 00:25:34,766
AND I WAS ASKED TO COME AND WOR 

687
00:25:34,766 --> 00:25:41,473
SPECIFICALLY ON THIS PROJECT.   

688
00:25:41,473 --> 00:25:42,707
AM AT THE SEATTLE CENTER. I AM  

689
00:25:42,707 --> 00:25:43,675
VERY EXCITED TO COME AT THIS  

690
00:25:43,675 --> 00:25:54,252
VERY IMPORTANT MOMENT IN TIME.  

691
00:26:00,492 --> 00:26:01,359
MY BACKGROUND IS ALL IN  

692
00:26:01,359 --> 00:26:02,093
DEVELOPMENT, PUBLIC DEVELOPMENT 

693
00:26:02,093 --> 00:26:02,794
AND I APPRECIATE THE OPPORTUNIT 

694
00:26:02,794 --> 00:26:03,995
TO COMMENT. I JUST WANT TO SAY  

695
00:26:03,995 --> 00:26:05,397
HAVE BEEN PART OF A LOT OF THES 

696
00:26:05,397 --> 00:26:06,431
PROJECTS IN THE CITY AND OTHER  

697
00:26:06,431 --> 00:26:07,098
ORGANIZATIONS BEFORE, BUT IT  

698
00:26:07,098 --> 00:26:07,966
REALLY FEELS EXCITING WITH OUR  

699
00:26:07,966 --> 00:26:08,667
SCHOOL DISTRICT PARTNERS THAT  

700
00:26:08,667 --> 00:26:09,901
THE TIMING IS RIGHT AND I THINK 

701
00:26:09,901 --> 00:26:10,869
WE FINALLY HAVE GOTTEN TO A  

702
00:26:10,869 --> 00:26:11,937
POINT WHERE A LOT OF SHARED  

703
00:26:11,937 --> 00:26:13,004
VALUES ARE HERE WE HAVE THE  

704
00:26:13,004 --> 00:26:13,638
OPPORTUNITY FOR A GREAT  

705
00:26:13,638 --> 00:26:14,506
FACILITY. THANK YOU SO MUCH.  

706
00:26:14,506 --> 00:26:15,574
&gt;&gt; I KNOW YOUR BACKGROUND FROM  

707
00:26:15,574 --> 00:26:20,245
HOW YOU WERE WITH THE KING  

708
00:26:20,245 --> 00:26:21,112
COUNTY LIBRARY SYSTEM AND THE  

709
00:26:21,112 --> 00:26:26,618
SEATTLE PUBLIC LIBRARY. DOING  

710
00:26:26,618 --> 00:26:29,321
CAPITAL PROJECTS.  PUBLIC DEBT  

711
00:26:29,321 --> 00:26:30,021
FINANCING, GOVERNMENT BONDS. I  

712
00:26:30,021 --> 00:26:31,022
JUST WANTED PEOPLE TO KNOW THAT 

713
00:26:31,022 --> 00:26:32,023
WE DO HAVE THAT EXPERTISE COMIN 

714
00:26:32,023 --> 00:26:33,892
FROM THE SEATTLE SIDE AND  

715
00:26:33,892 --> 00:26:34,626
WORKING WITH THE SCHOOL  

716
00:26:34,626 --> 00:26:35,560
DISTRICT. THE OTHER ISSUE WAS  

717
00:26:35,560 --> 00:26:39,097
THERE TWO OTHER THINGS I WANT T 

718
00:26:39,097 --> 00:26:40,365
BRING UP. YOU BROUGHT IT UP IN  

719
00:26:40,365 --> 00:26:41,066
THE POWERPOINT, THAT THE  

720
00:26:41,066 --> 00:26:45,203
PRIORITY IS FOR THE SEATTLE  

721
00:26:45,203 --> 00:26:46,004
PUBLIC SCHOOL AND SEATTLE PUBLI 

722
00:26:46,004 --> 00:26:46,738
SCHOOL DISTRICT BECAUSE THEY  

723
00:26:46,738 --> 00:26:47,739
HAVE THAT PARKING LOT AND THAT  

724
00:26:47,739 --> 00:26:48,974
IS A SOURCE OF REVENUE. IT WILL 

725
00:26:48,974 --> 00:26:52,210
CONTINUE TO BE ONE. AS YOU SAID 

726
00:26:52,210 --> 00:26:53,244
IT IS ALL ABOUT PUBLIC SCHOOLS. 

727
00:26:53,244 --> 00:26:59,117
THAT IS WHAT HAS TAKEN US SO 

728
00:26:59,117 --> 00:27:06,858
LONG.  THAT IS THEIR PROPERTY  

729
00:27:06,858 --> 00:27:08,259
AND HOW HER JOB IS TO MAKE IT  

730
00:27:08,259 --> 00:27:09,260
BETTER AND WORK WITH THEM. WE  

731
00:27:09,260 --> 00:27:10,261
HAVE A REVENUE STREAM THAT IS  

732
00:27:10,261 --> 00:27:11,162
MORE FOR THE SEATTLE PUBLIC  

733
00:27:11,162 --> 00:27:11,997
SCHOOL DISTRICT AND THE STUDENT 

734
00:27:11,997 --> 00:27:14,899
AND THAT IS WHY THE LEVY PASSED 

735
00:27:14,899 --> 00:27:16,134
IN 2022. I THINK THE GOOD VOTER 

736
00:27:16,134 --> 00:27:17,135
SAW THAT. THE OTHER POINT IS  

737
00:27:17,135 --> 00:27:18,003
THIS. WOULD YOU MIND SHARING,  

738
00:27:18,003 --> 00:27:19,738
LESS ANOTHER PANELIST WILL SAY  

739
00:27:19,738 --> 00:27:20,605
SOMETHING, THERE IS NO ONE  

740
00:27:20,605 --> 00:27:26,144
LISTING TO THE COMMUNITY  

741
00:27:26,144 --> 00:27:30,448
STAKEHOLDERS ARE . IN MY  

742
00:27:30,448 --> 00:27:31,282
PRESIDENTS REPORT, I SAID THIS  

743
00:27:31,282 --> 00:27:32,517
BEFORE AND I SAID IT LAST WEEK, 

744
00:27:32,517 --> 00:27:33,685
I WANTED TO MAKE CLEAR THAT THI 

745
00:27:33,685 --> 00:27:34,552
IS NOT A POLITICIZED POSITION.  

746
00:27:34,552 --> 00:27:36,054
THERE ARE NO ELECTIVES ON THAT  

747
00:27:36,054 --> 00:27:36,621
BOARD, MAKING THESE  

748
00:27:36,621 --> 00:27:37,255
DETERMINATIONS. THIS IS A  

749
00:27:37,255 --> 00:27:42,727
COMBINATION OF SEATTLE PUBLIC 

750
00:27:42,727 --> 00:27:45,730
SCHOOLS  THAT HAVE  

751
00:27:45,730 --> 00:27:46,398
REPRESENTATIVES. THE CITY OF  

752
00:27:46,398 --> 00:27:47,432
SEATTLE. IS THERE A DISTINCTION 

753
00:27:47,432 --> 00:27:48,166
ON THAT, THE TWO DIFFERENT  

754
00:27:48,166 --> 00:27:49,000
WORKING GROUPS OR PANELS OR  

755
00:27:49,000 --> 00:27:55,306
WHATEVER YOU ARE CALLING THEM?  

756
00:27:55,306 --> 00:27:55,440
 

757
00:27:55,440 --> 00:27:56,541
&gt;&gt; DO YOU HAVE YOUR HAND UP?  

758
00:27:56,541 --> 00:28:00,311
&gt;&gt; THANK YOU VERY MUCH. I DO  

759
00:28:00,311 --> 00:28:01,379
WANT TO CALL OUT ANOTHER PARTNE 

760
00:28:01,379 --> 00:28:02,480
THAT WE HAVE NOT TALKED ABOUT  

761
00:28:02,480 --> 00:28:05,150
AND THAT IS THE SEATTLE CENTER  

762
00:28:05,150 --> 00:28:06,017
FOUNDATION. THEY HAVE DONE SOME 

763
00:28:06,017 --> 00:28:13,124
VERY GOOD WORK CONVENING IN THE 

764
00:28:13,124 --> 00:28:17,062
COMMUNITY.  THEY HAVE HAD SOME  

765
00:28:17,062 --> 00:28:17,695
COMMUNITY CONVERSATIONS FROM  

766
00:28:17,695 --> 00:28:18,430
LAST YEAR. THEY BROUGHT TOGETHE 

767
00:28:18,430 --> 00:28:24,002
A WIDE VARIETY OF  

768
00:28:24,002 --> 00:28:24,803
REPRESENTATIVES FROM  YOUTH  

769
00:28:24,803 --> 00:28:25,503
ADVOCATES AND SPORTS ADVOCATES  

770
00:28:25,503 --> 00:28:26,204
AND PROFESSIONAL SPORTS AND  

771
00:28:26,204 --> 00:28:29,407
COMMUNITY LEADERS AND THOSE WHO 

772
00:28:29,407 --> 00:28:30,275
ARE DEDICATED TO INFUSING EQUIT 

773
00:28:30,275 --> 00:28:35,647
INTO THE PLANNING AND THE  

774
00:28:35,647 --> 00:28:36,648
DELIVERY OF THIS PROJECT. SO, W 

775
00:28:36,648 --> 00:28:40,118
HAVE A VERY GOOD START AND A  

776
00:28:40,118 --> 00:28:42,454
VERY ROBUST COMMUNITY ENGAGEMEN 

777
00:28:42,454 --> 00:28:46,124
PROCESS AND WE ARE ENGAGING  

778
00:28:46,124 --> 00:28:49,227
TOGETHER WITH THE SCHOOL  

779
00:28:49,227 --> 00:28:54,699
DISTRICT. THEY ARE HELPING US  

780
00:28:54,699 --> 00:28:55,667
DEVELOP A VERY ROBUST COMMUNITY 

781
00:28:55,667 --> 00:28:56,634
ENGAGEMENT PROCESS THAT WILL BE 

782
00:28:56,634 --> 00:29:07,178
DONE IN PARTNERSHIP  WITH THE  

783
00:29:09,214 --> 00:29:09,581
WINNING PROPOSER.  

784
00:29:09,581 --> 00:29:10,582
&gt;&gt; OKAY, THANK YOU, JACKIE. GOO 

785
00:29:10,582 --> 00:29:11,916
TO SEE YOU. SINCE WE DO NOT HAV 

786
00:29:11,916 --> 00:29:13,118
IT IN A POWERPOINT, CAN YOU REA 

787
00:29:13,118 --> 00:29:14,152
OFF WHO THE STAKEHOLDERS ARE AN 

788
00:29:14,152 --> 00:29:15,553
LET ME KNOW? I KNOW BRIAN IS ON 

789
00:29:15,553 --> 00:29:17,489
ONE OF THESE PANELS AS -- YOU  

790
00:29:17,489 --> 00:29:18,423
CAN LOOK. MAYBE HE CAN CLARIFY  

791
00:29:18,423 --> 00:29:19,390
THAT. WHO ARE THE STAKEHOLDERS  

792
00:29:19,390 --> 00:29:20,158
FOR MY COLLEAGUES TO UNDERSTAND 

793
00:29:20,158 --> 00:29:24,462
WHO IS ALL INVOLVED ON THAT  

794
00:29:24,462 --> 00:29:25,029
PIECE? PUBLIC SCHOOLS?  

795
00:29:25,029 --> 00:29:25,864
&gt;&gt; I THINK COUNCIL PRESIDENT,  

796
00:29:25,864 --> 00:29:26,931
MAYBE YOU'RE ASKING ABOUT WHO I 

797
00:29:26,931 --> 00:29:31,169
ON THE PANEL? THAT IS GOING TO  

798
00:29:31,169 --> 00:29:32,003
BE MAKING A RECOMMENDATION TO  

799
00:29:32,003 --> 00:29:39,277
THE SUPERINTENDENT AND TO THE 

800
00:29:39,277 --> 00:29:41,346
MAYOR.  I WILL GRAB THAT LIST  

801
00:29:41,346 --> 00:29:42,680
FOR YOU IN JUST A MOMENT, BUT I 

802
00:29:42,680 --> 00:29:43,615
IS A GROUP OF REPRESENTATIVES  

803
00:29:43,615 --> 00:29:44,716
FROM THE SCHOOL DISTRICT FROM  

804
00:29:44,716 --> 00:29:47,018
THE CITY AND ALSO FROM THE  

805
00:29:47,018 --> 00:29:51,656
COMMUNITY. IF YOU COULD CONTINU 

806
00:29:51,656 --> 00:29:52,624
THE QUESTIONS, I WILL GET THAT  

807
00:29:52,624 --> 00:29:58,163
LIST FOR YOU AS WELL.  

808
00:29:58,163 --> 00:29:58,396
&gt;&gt;  

809
00:29:58,396 --> 00:29:59,731
&gt;&gt; I WOULD BE HAPPY TO GRAB THA 

810
00:29:59,731 --> 00:30:00,064
FOR YOU.  

811
00:30:00,064 --> 00:30:05,670
&gt;&gt; IN ADDITION TO VARIOUS 

812
00:30:05,670 --> 00:30:07,071
MEMBERS  OF SCHOOL DISTRICTS AN 

813
00:30:07,071 --> 00:30:08,173
CITY STAFF, YOU KNOW, WE ARE  

814
00:30:08,173 --> 00:30:11,576
EXCITED ABOUT THE COMMUNITY  

815
00:30:11,576 --> 00:30:12,477
MEMBERS, INCLUDING HANNA, WHO I 

816
00:30:12,477 --> 00:30:13,978
THE PRESIDENT OF THE SEATTLE  

817
00:30:13,978 --> 00:30:18,850
CENTER FOUNDATION. ALSO MENDOZA 

818
00:30:18,850 --> 00:30:19,684
THE CHIEF OPERATING OFFICER FOR 

819
00:30:19,684 --> 00:30:24,989
THE SEATTLE SOUNDERS AND BRIAN, 

820
00:30:24,989 --> 00:30:28,760
THE CEO WITH GREATER SEATTLE  

821
00:30:28,760 --> 00:30:31,896
PARTNERS, AND GLORIA CONNORS,  

822
00:30:31,896 --> 00:30:38,069
WHO IS ON THE SEATTLE CENTER  

823
00:30:38,069 --> 00:30:42,941
ADVISORY COMMISSION.  SHE IS A  

824
00:30:42,941 --> 00:30:43,741
COMMISSIONER. YOU KNOW, WE HAVE 

825
00:30:43,741 --> 00:30:44,742
BEEN EXCITED TO HAVE THE TIME  

826
00:30:44,742 --> 00:30:45,777
AND EXPERTISE FROM SOME OF THES 

827
00:30:45,777 --> 00:30:46,611
OTHER COMMUNITY MEMBERS WHO ARE 

828
00:30:46,611 --> 00:30:47,679
REALLY HELPING US TO BROADEN. W 

829
00:30:47,679 --> 00:30:48,580
HAVE BEEN FOCUSED WITH THE  

830
00:30:48,580 --> 00:30:51,182
DISTRICT AND THE CITY ON THESE  

831
00:30:51,182 --> 00:30:51,983
ELEMENTS. THEY ARE BRINGING THA 

832
00:30:51,983 --> 00:31:00,692
BRIGHTER, WHITER BREATH  TO THE 

833
00:31:00,692 --> 00:31:01,059
CONVERSATION.  

834
00:31:01,059 --> 00:31:02,193
&gt;&gt; WHAT I WAS ASKING IS I WANTE 

835
00:31:02,193 --> 00:31:02,994
TO KNOW WHO OUR ACTUAL  

836
00:31:02,994 --> 00:31:03,828
STAKEHOLDERS ARE AND THEN WE  

837
00:31:03,828 --> 00:31:05,063
COULD ASK ABOUT THE PANEL, WHO  

838
00:31:05,063 --> 00:31:06,264
AM GETTING BRIAN IS NOT A PART  

839
00:31:06,264 --> 00:31:10,235
OF THAT PANEL THEE IF THERE IS  

840
00:31:10,235 --> 00:31:11,369
THIRD ONE, I WOULD LIKE THAT AS 

841
00:31:11,369 --> 00:31:12,470
WELL BECAUSE I THINK WHAT I'M  

842
00:31:12,470 --> 00:31:16,074
HEARING FROM MY COLLEAGUES IS W 

843
00:31:16,074 --> 00:31:17,342
DO NOT KNOW WHO IS MAKING WHAT  

844
00:31:17,342 --> 00:31:18,409
DECISIONS. I KNOW WE HAVE THE  

845
00:31:18,409 --> 00:31:23,915
BIGGER PANEL, WHICH IS THE 

846
00:31:23,915 --> 00:31:24,849
STAKEHOLDERS  LIKE THE EXECUTIV 

847
00:31:24,849 --> 00:31:25,850
AND THE LEGISLATIVE AND SOME OF 

848
00:31:25,850 --> 00:31:26,751
THE OTHER GROUPS THAT JACKIE  

849
00:31:26,751 --> 00:31:27,819
MENTIONED AND THEN WE HAVE SOME 

850
00:31:27,819 --> 00:31:28,620
PANELS THAT ARE ACTUALLY SCORIN 

851
00:31:28,620 --> 00:31:29,854
THE RFPs. THAT IS THE PIECE I  

852
00:31:29,854 --> 00:31:30,888
NEED MORE INFORMATION ON.  

853
00:31:30,888 --> 00:31:38,129
&gt;&gt; I THINK  THAT IS THE LIST  

854
00:31:38,129 --> 00:31:38,997
THAT DAVID WAS DESCRIBING. WE  

855
00:31:38,997 --> 00:31:39,998
HAVE ONE PANEL, WHICH IS GOING  

856
00:31:39,998 --> 00:31:40,665
TO BASICALLY REVIEW THE  

857
00:31:40,665 --> 00:31:43,902
PROPOSALS AND MAKE A  

858
00:31:43,902 --> 00:31:44,802
RECOMMENDATION TO THE MAYOR AND 

859
00:31:44,802 --> 00:31:48,439
THE SUPERINTENDENT OF PUBLIC  

860
00:31:48,439 --> 00:31:49,274
SCHOOLS. THAT IS ESSENTIALLY TH 

861
00:31:49,274 --> 00:31:51,009
CORE GROUP. ONCE THERE IS A  

862
00:31:51,009 --> 00:31:54,679
PROPOSAL SELECTED THAT WILL  

863
00:31:54,679 --> 00:31:55,580
ADVANCE, THEN THEY WILL BROADEN 

864
00:31:55,580 --> 00:32:03,588
OUT AND DO BROADER ENGAGEMENT   

865
00:32:03,588 --> 00:32:04,489
WITH A WIDE RANGE OF  

866
00:32:04,489 --> 00:32:05,256
STAKEHOLDERS AT THE CENTER, AS  

867
00:32:05,256 --> 00:32:06,157
WELL AS WITH THE SCHOOL  

868
00:32:06,157 --> 00:32:07,225
DISTRICT. WE ARE FOCUSED ON THE 

869
00:32:07,225 --> 00:32:09,260
CORE RECOMMENDATION RIGHT NOW.  

870
00:32:09,260 --> 00:32:10,128
&gt;&gt; OKAY, HOPEFULLY FOR TOMORROW 

871
00:32:10,128 --> 00:32:11,429
BEFORE THE END OF THE DAY, COUL 

872
00:32:11,429 --> 00:32:17,001
I PLEASE HAVE A LIST OF THOSE  

873
00:32:17,001 --> 00:32:17,702
STAKEHOLDERS SO MY COLLEAGUES  

874
00:32:17,702 --> 00:32:18,736
KNOW WHO IS MAKING DECISIONS? I 

875
00:32:18,736 --> 00:32:24,742
DON'T WANT TO PUT BRIAN ON THE  

876
00:32:24,742 --> 00:32:26,377
SPOT, BUT  WHERE DOES BRIAN FIT 

877
00:32:26,377 --> 00:32:27,345
INTO ALL THIS? YOU TALKED ABOUT 

878
00:32:27,345 --> 00:32:28,379
THAT THIS MORNING AND LAST WEEK 

879
00:32:28,379 --> 00:32:28,513
 

880
00:32:28,513 --> 00:32:29,013
&gt;&gt; SURE. THANK YOU,  

881
00:32:29,013 --> 00:32:39,557
COUNCILMEMBER. THERE IS  THIS  

882
00:32:41,659 --> 00:32:42,493
EVALUATION PANEL AND THERE ARE  

883
00:32:42,493 --> 00:32:43,361
VOTING MEMBERS ON IT AND  

884
00:32:43,361 --> 00:32:44,162
NONVOTING MEMBERS ON IT. THE  

885
00:32:44,162 --> 00:32:45,196
GROUP OF ADVISERS, SOME OF THEM 

886
00:32:45,196 --> 00:32:46,230
ARE CITY STAFF LIKE MYSELF AND  

887
00:32:46,230 --> 00:32:47,098
SOME OF THEM ARE TECHNICAL  

888
00:32:47,098 --> 00:32:48,166
EXPERTS THAT HAVE BEEN HIRED BY 

889
00:32:48,166 --> 00:32:49,167
THE CITY AND THE DISTRICT TO  

890
00:32:49,167 --> 00:32:49,701
PROVIDE THEIR TECHNICAL  

891
00:32:49,701 --> 00:32:50,702
EXPERTISE. THERE IS A LIST WE  

892
00:32:50,702 --> 00:32:51,736
CAN GET FOR YOU AFTER THE  

893
00:32:51,736 --> 00:32:52,971
MEETING. WE CAN SEND IT TO ALL  

894
00:32:52,971 --> 00:32:53,871
THE COUNCIL MEMBERS AND, YEAH.  

895
00:32:53,871 --> 00:32:54,672
THAT WILL BE ON THERE.  

896
00:32:54,672 --> 00:32:55,907
&gt;&gt; SO, THE REASON I MADE THE  

897
00:32:55,907 --> 00:32:56,908
POINT LAST WEEK AND THIS MORNIN 

898
00:32:56,908 --> 00:33:00,345
THAT THERE ARE NOT ELECTED  

899
00:33:00,345 --> 00:33:01,679
OFFICIALS ON THAT, I AM NOT ON  

900
00:33:01,679 --> 00:33:02,947
THAT. I AM NOT PART OF THE POOL 

901
00:33:02,947 --> 00:33:06,884
OF WHOEVER THE PROPOSER IS  

902
00:33:06,884 --> 00:33:08,119
SELECTED, BUT WE DO HAVE BRIAN  

903
00:33:08,119 --> 00:33:14,892
GOODNIGHT, MR. GOODNIGHT IN THE 

904
00:33:14,892 --> 00:33:19,063
ROOM,  TO BE THERE. HE IS MY  

905
00:33:19,063 --> 00:33:19,964
EYES AND EARS AND ALSO PUTTING  

906
00:33:19,964 --> 00:33:20,698
TOGETHER THE ELECTRONIC NOTEBOO 

907
00:33:20,698 --> 00:33:21,366
THAT EVERY COUNCILMEMBER HAS  

908
00:33:21,366 --> 00:33:27,605
WITH ALL THESE DOCUMENTS.   

909
00:33:27,605 --> 00:33:28,272
PERHAPS, BEFORE TOMORROW, IF  

910
00:33:28,272 --> 00:33:29,107
INDEED THIS GETS OUT OF  

911
00:33:29,107 --> 00:33:30,174
COMMITTEE AND WE CAN SUSPEND TH 

912
00:33:30,174 --> 00:33:31,376
RULES SO WE CAN VOTE ON IT  

913
00:33:31,376 --> 00:33:36,214
TOMORROW, I WOULD LIKE THE  

914
00:33:36,214 --> 00:33:37,248
MAYOR'S OFFICE AND YOU GUYS TO  

915
00:33:37,248 --> 00:33:38,082
PLEASE PUT TOGETHER A CHRONOLOG 

916
00:33:38,082 --> 00:33:39,250
OF WHAT I JUST READ INTO THE  

917
00:33:39,250 --> 00:33:40,118
RECORD OF THE FINANCING, NOW  

918
00:33:40,118 --> 00:33:43,421
SINCE I HAVE BEEN HERE SINCE  

919
00:33:43,421 --> 00:33:44,489
2016 AND 2017 UP UNTIL TODAY'S  

920
00:33:44,489 --> 00:33:45,656
DATE AND, OF COURSE, A LIST OF  

921
00:33:45,656 --> 00:33:56,167
THE ACTUAL PEOPLE  THAT ARE  

922
00:33:57,802 --> 00:33:58,569
THERE AND PEOPLE LIKE BRIAN  

923
00:33:58,569 --> 00:33:59,404
GOODNIGHT, WHO ARE STAFF. THAT  

924
00:33:59,404 --> 00:34:00,471
IS ONE OF THE QUESTIONS COMING  

925
00:34:00,471 --> 00:34:01,472
OFF THE SECOND FLOOR, WHO IS  

926
00:34:01,472 --> 00:34:02,373
DOING WHAT? I AM FAMILIAR  

927
00:34:02,373 --> 00:34:03,374
BECAUSE I HAVE BEEN INVOLVED IN 

928
00:34:03,374 --> 00:34:04,442
THIS SINCE 2015 AND 2016. I'M  

929
00:34:04,442 --> 00:34:05,443
FAMILIAR WITH IT BECAUSE THIS I 

930
00:34:05,443 --> 00:34:06,511
IN HIS DISTRICT. HE WORKED WITH 

931
00:34:06,511 --> 00:34:07,678
US TO MAKE SURE THE $21 MILLION 

932
00:34:07,678 --> 00:34:08,613
INVESTMENT AND THE ADDITIONAL - 

933
00:34:08,613 --> 00:34:09,747
MAKING SURE WE COULD GET THE $4 

934
00:34:09,747 --> 00:34:20,291
MILLION IN THE BUDGET.  THOSE  

935
00:34:27,899 --> 00:34:28,733
NUMBERS AND DATES ARE REALLY  

936
00:34:28,733 --> 00:34:29,767
IMPORTANT AND AS YOU ALL KNOW,  

937
00:34:29,767 --> 00:34:30,768
I'M A STICKLER ON MAKING SURE  

938
00:34:30,768 --> 00:34:31,969
THAT I HAVE A CHRONOLOGY SO THA 

939
00:34:31,969 --> 00:34:33,004
MY COLLEAGUES, WHO ARE NOT WAIS 

940
00:34:33,004 --> 00:34:34,072
DEEP IN THE STYLE CAN UNDERSTAN 

941
00:34:34,072 --> 00:34:35,072
AND ASK THE RIGHT QUESTIONS. I' 

942
00:34:35,072 --> 00:34:35,940
NOT REAL COMFORTABLE WITH A  

943
00:34:35,940 --> 00:34:36,808
POWERPOINT I GOT THIS MORNING.  

944
00:34:36,808 --> 00:34:37,842
THERE ARE A LOT OF LOVELY  

945
00:34:37,842 --> 00:34:38,843
FEATURES. THANK YOU FOR THAT BU 

946
00:34:38,843 --> 00:34:39,911
I WOULD'VE LOVED TO HAVE MORE  

947
00:34:39,911 --> 00:34:40,611
INFORMATION FOR MY COLLEAGUS  

948
00:34:40,611 --> 00:34:41,579
BECAUSE I KNOW THE STAFF, FROM  

949
00:34:41,579 --> 00:34:42,447
DOING CLIMATE PLEDGE AND THE  

950
00:34:42,447 --> 00:34:43,681
OTHER STUFF THAT WE DID, I KNOW 

951
00:34:43,681 --> 00:34:44,715
THE DOCUMENTS ARE GOING TO STAR 

952
00:34:44,715 --> 00:34:45,883
COMING IN AND WE WANT TO MAKE  

953
00:34:45,883 --> 00:34:53,357
SURE THAT IF WE CAN FOLLOW , YO 

954
00:34:53,357 --> 00:34:54,158
KNOW, THIS ROBUST SCHEDULE, THE 

955
00:34:54,158 --> 00:34:55,026
MORE INFORMATION WE HAVE IS  

956
00:34:55,026 --> 00:34:55,927
BETTER. I CAN ANSWER QUESTIONS  

957
00:34:55,927 --> 00:34:57,128
ON THE FLOOR AS WELL. WITH THAT 

958
00:34:57,128 --> 00:34:59,697
I'LL HANDED BACK TO THE PANEL T 

959
00:34:59,697 --> 00:35:00,798
SEE IS THERE A█NYTHING YOU NEED 

960
00:35:00,798 --> 00:35:01,999
TO ADD, BRIAN, BEFORE -- I DO  

961
00:35:01,999 --> 00:35:06,237
NOT WANT TO DO ANYTHING UNLESS  

962
00:35:06,237 --> 00:35:07,071
THERE'S SOMETHING YOU WANT TO  

963
00:35:07,071 --> 00:35:08,439
ADD AND THEN I WILL OPEN UP THE 

964
00:35:08,439 --> 00:35:09,140
FLOOR TO MY COLLEAGUES.  

965
00:35:09,140 --> 00:35:12,243
&gt;&gt; I DO NOT HAVE ANYTHING TO  

966
00:35:12,243 --> 00:35:12,477
ADD.  

967
00:35:12,477 --> 00:35:13,144
&gt;&gt; COLLEAGUES, NO COUNSELOR  

968
00:35:13,144 --> 00:35:13,945
PEDEREN HAS HIS CALCULATOR OUT. 

969
00:35:13,945 --> 00:35:16,614
COUNCILMEMBER PEDEREN?   

970
00:35:16,614 --> 00:35:17,515
&gt;&gt; THANK YOU, COUNCIL PRESIDENT 

971
00:35:17,515 --> 00:35:22,386
THANK YOU FOR THE TEAM FOR THIS 

972
00:35:22,386 --> 00:35:23,154
PRESENTATION AND THANKS FOR  

973
00:35:23,154 --> 00:35:28,593
NOTING OUR CENTRAL STAFFS  

974
00:35:28,593 --> 00:35:39,170
ONGOING INVOLVEMENT . IT WILL B 

975
00:35:41,405 --> 00:35:42,206
HELPFUL. SO, I SUPPORT THE  

976
00:35:42,206 --> 00:35:42,874
RESOLUTIONS. LET'S START WITH  

977
00:35:42,874 --> 00:35:44,041
THAT. I WILL BE VOTING IN FAVOR 

978
00:35:44,041 --> 00:35:44,775
OF THE NONBINDING RESOLUTION  

979
00:35:44,775 --> 00:35:45,776
TODAY AND THEN TOMORROW AT THE  

980
00:35:45,776 --> 00:35:46,611
FULL COUNCIL. I APPRECIATE THE  

981
00:35:46,611 --> 00:35:47,512
COLLABORATIVE AND UPBEAT TONE O 

982
00:35:47,512 --> 00:35:48,379
THE RESOLUTION FOR THIS PROJECT 

983
00:35:48,379 --> 00:35:49,213
AND THE WORKING RELATIONSHIP WE 

984
00:35:49,213 --> 00:35:56,988
HAVE WITH THE SCHOOL DISTRICT , 

985
00:35:56,988 --> 00:35:57,989
AND FOR THE BENEFIT OF MY  

986
00:35:57,989 --> 00:35:58,589
CONSTITUENTS IN NORTHEAST  

987
00:35:58,589 --> 00:35:59,357
SEATTLE, I WANT TO BETTER  

988
00:35:59,357 --> 00:36:00,024
UNDERSTAND THE FISCAL IMPACTS  

989
00:36:00,024 --> 00:36:00,725
AFTER REVIEWING THE PHYSICAL  

990
00:36:00,725 --> 00:36:01,459
VOTE THAT ACCOMPANIES THE  

991
00:36:01,459 --> 00:36:02,460
RESOLUTION. I JUST HAVE A FEW  

992
00:36:02,460 --> 00:36:03,294
QUESTIONS ABOUT THE BONDS AND  

993
00:36:03,294 --> 00:36:08,833
INTERESTS AND THINGS, TOUCHING  

994
00:36:08,833 --> 00:36:10,535
UPON SOMETHING  THAT THEY HAD  

995
00:36:10,535 --> 00:36:11,269
MENTIONED, WHICH I APPRECIATE,  

996
00:36:11,269 --> 00:36:13,204
WHICH IS HOW COST OVERRUNS MIGH 

997
00:36:13,204 --> 00:36:14,305
BE HANDLED. I KNOW THE CITY  

998
00:36:14,305 --> 00:36:19,010
STRUGGLED LAST YEAR TO FUND MAN 

999
00:36:19,010 --> 00:36:19,644
PRIORITIES, INCLUDING SEVERAL  

1000
00:36:19,644 --> 00:36:22,413
TRANSPORTATION PROJECTS AND THE 

1001
00:36:22,413 --> 00:36:23,414
CITY WAS STILL ABLE TO IDENTIFY 

1002
00:36:23,414 --> 00:36:32,890
THE INITIAL $1 MILLION  FROM ON 

1003
00:36:32,890 --> 00:36:33,791
FUND AND $300,000 FROM THE  

1004
00:36:33,791 --> 00:36:34,926
GENERAL FUND. ON PAGE 137 OF TH 

1005
00:36:34,926 --> 00:36:36,193
ADOPTED CAPITAL IMPROVEMENT  

1006
00:36:36,193 --> 00:36:38,930
PROGRAM, WE ARE LOOKING AT  

1007
00:36:38,930 --> 00:36:43,201
APPROXIMATELY $1.9 MILLION A  

1008
00:36:43,201 --> 00:36:49,140
YEAR FOR THE DEBT SERVICE ON TH 

1009
00:36:49,140 --> 00:36:51,776
BONDS . THEY ARE APPROXIMATELY  

1010
00:36:51,776 --> 00:36:52,677
$20 MILLION, BACKED BY THE FULL 

1011
00:36:52,677 --> 00:36:54,011
FAITH AND CREDIT OF THE CITY OF 

1012
00:36:54,011 --> 00:36:55,980
SEATTLE, SO THAT INTERESTS ONLY 

1013
00:36:55,980 --> 00:36:57,181
GOES OUT A FEW YEARS. IT IS  

1014
00:36:57,181 --> 00:36:59,617
SOMETHING THAT WE ARE ISSUING  

1015
00:36:59,617 --> 00:37:04,922
OVER 20 YEARS. SO, I JUST WANTE 

1016
00:37:04,922 --> 00:37:05,623
TO BASICALLY ACKNOWLEDGE THAT  

1017
00:37:05,623 --> 00:37:06,657
THERE WILL BE SOME INTEREST  

1018
00:37:06,657 --> 00:37:17,235
COSTS AS PART OF THAT AND  THAT 

1019
00:37:31,182 --> 00:37:32,216
IS IMPORTANT BECAUSE I KNOW WHE 

1020
00:37:32,216 --> 00:37:33,150
WE TALK ABOUT ISSUING BONDS FOR 

1021
00:37:33,150 --> 00:37:33,851
THINGS LIKE REPAIRING OUR  

1022
00:37:33,851 --> 00:37:34,552
BRIDGES AND AFFORDABLE HOUSING, 

1023
00:37:34,552 --> 00:37:35,519
THAT THERE IS AN ISSUE RAISED  

1024
00:37:35,519 --> 00:37:36,587
ABOUT, WELL, HOW MUCH WILL THE  

1025
00:37:36,587 --> 00:37:37,755
INTEREST COST ME? ARE WE ABLE - 

1026
00:37:37,755 --> 00:37:38,990
THE $1.9 MILLION A YEAR OVER 20 

1027
00:37:38,990 --> 00:37:40,024
YEARS, I THINK IS ABOUT $38  

1028
00:37:40,024 --> 00:37:41,192
MILLION.  SO, $20 MILLION IS TH 

1029
00:37:41,192 --> 00:37:42,093
PRINCIPAL. DOES THAT MEAN THE  

1030
00:37:42,093 --> 00:37:43,961
INTEREST IS ABOUT $18 MILLION O 

1031
00:37:43,961 --> 00:37:49,300
SO? OVER THE 20 YEARS, THE  

1032
00:37:49,300 --> 00:37:49,734
INTEREST COSTS?  

1033
00:37:49,734 --> 00:37:50,635
&gt;&gt; COUNCILMEMBER, I CAN DO  

1034
00:37:50,635 --> 00:37:54,105
SOMETHING IF THAT IS ALL RIGHT. 

1035
00:37:54,105 --> 00:38:01,012
GENERALLY, YES. THAT IS CORRECT 

1036
00:38:01,012 --> 00:38:01,879
MY UNDERSTANDING IS THOSE ARE  

1037
00:38:01,879 --> 00:38:02,913
THE PLANS THAT WILL BE ISSUED  

1038
00:38:02,913 --> 00:38:13,457
NEXT YEAR IN 2024 . IT IS VERY  

1039
00:38:15,793 --> 00:38:16,460
CONSISTENT WITH, GENERALLY, HOW 

1040
00:38:16,460 --> 00:38:17,561
ALL OF OUR BOND ISSUANCES GO. W 

1041
00:38:17,561 --> 00:38:18,562
PAY INTEREST ON THAT, ON THAT  

1042
00:38:18,562 --> 00:38:19,630
ISSUANCE AND THAT IS THE DEBT  

1043
00:38:19,630 --> 00:38:20,464
SERVICE PAYMENT YOU ARE SEEING  

1044
00:38:20,464 --> 00:38:21,198
WITH THE $1.9 MILLION.  

1045
00:38:21,198 --> 00:38:26,637
&gt;&gt; THEY ARE TAKING CARE OF THE  

1046
00:38:26,637 --> 00:38:27,505
PRINCIPAL AND THE INTEREST AND  

1047
00:38:27,505 --> 00:38:28,906
THAT IS OVER 20 YEARS. SO, IT I 

1048
00:38:28,906 --> 00:38:29,940
REALLY A COMBINED AMOUNT OF --  

1049
00:38:29,940 --> 00:38:31,008
IT IS REALLY ABOUT $58 MILLION, 

1050
00:38:31,008 --> 00:38:35,813
NOT JUST THE $40 MILLION. I AM  

1051
00:38:35,813 --> 00:38:41,619
JUST TRYING -- I THINK THE  

1052
00:38:41,619 --> 00:38:42,787
FISCAL AMOUNT  -- THEY ARE  

1053
00:38:42,787 --> 00:38:43,854
TALKING ABOUT THE $20 MILLION I 

1054
00:38:43,854 --> 00:38:53,798
BONDS AND THE INITIAL $1 MILLIO 

1055
00:38:53,798 --> 00:38:55,132
, AND THEN AN ADDITIONAL $19  

1056
00:38:55,132 --> 00:38:55,833
MILLION. WE HAVE NOT IDENTIFIED 

1057
00:38:55,833 --> 00:38:56,434
WHERE THAT ADDITIONAL $19  

1058
00:38:56,434 --> 00:38:57,401
MILLION WILL COME FROM. IS THAT 

1059
00:38:57,401 --> 00:38:57,702
CORRECT?  

1060
00:38:57,702 --> 00:38:58,636
&gt;&gt; THAT IS CORRECT. WHAT THE  

1061
00:38:58,636 --> 00:38:59,503
COUNCIL, THE BUDGET ACTION LAST 

1062
00:38:59,503 --> 00:39:00,338
FALL STIPULATED WAS THAT OUR  

1063
00:39:00,338 --> 00:39:03,641
INTENT WOULD BE TO FIND THAT BY 

1064
00:39:03,641 --> 00:39:08,412
2026.  

1065
00:39:08,412 --> 00:39:09,447
&gt;&gt; OKAY. SO, THE LATEST REVENUE 

1066
00:39:09,447 --> 00:39:10,347
FORECAST WE RECEIVED, I KNOW  

1067
00:39:10,347 --> 00:39:16,854
THERE IS SOME CONCERN ABOUT   

1068
00:39:16,854 --> 00:39:17,755
WHAT OUR FISCAL SITUATION WILL  

1069
00:39:17,755 --> 00:39:23,694
BE IN 2025 AND 2026. SO, JUST 

1070
00:39:23,694 --> 00:39:28,065
ACKNOWLEDGING  THAT IT IS GOING 

1071
00:39:28,065 --> 00:39:29,066
TO BE AT LEAST THE CURRENT  

1072
00:39:29,066 --> 00:39:29,767
REVENUE FORECAST IS ENDING  

1073
00:39:29,767 --> 00:39:30,601
TINGLING THERE COULD BE SOME  

1074
00:39:30,601 --> 00:39:31,469
CHALLENGES TO THIS. HOWEVER, WE 

1075
00:39:31,469 --> 00:39:32,503
ARE STILL MAKING BEST EFFORTS T 

1076
00:39:32,503 --> 00:39:33,871
IDENTIFY THOSE FUNDS. I THINK  

1077
00:39:33,871 --> 00:39:39,410
FOR THE FISCAL NOTE, YOU  

1078
00:39:39,410 --> 00:39:40,411
MENTIONED IN THE FISCAL NOTE TH 

1079
00:39:40,411 --> 00:39:41,278
ADDITIONAL $19 MILLION HE WILL  

1080
00:39:41,278 --> 00:39:49,019
TRY TO FIND . I JUST THINK IT  

1081
00:39:49,019 --> 00:39:50,254
NEEDS TO BE NOTED THAT THERE AR 

1082
00:39:50,254 --> 00:39:50,888
INTEREST COSTS. BASICALLY,  

1083
00:39:50,888 --> 00:39:51,555
DIFFERENTIATING HOW MUCH MONEY  

1084
00:39:51,555 --> 00:39:52,456
IS GOING TO THE DEVELOPER AND  

1085
00:39:52,456 --> 00:39:53,290
THE PROJECT VERSUS HOW MUCH  

1086
00:39:53,290 --> 00:39:57,628
MONEY IS ACTUALLY THE FULL  

1087
00:39:57,628 --> 00:39:59,296
FISCAL IMPACT TO SEATTLE AND TH 

1088
00:39:59,296 --> 00:40:05,636
TAXPAYERS. I THINK IT IS  THE  

1089
00:40:05,636 --> 00:40:06,670
INTEREST COST THAT WOULD MAKE I 

1090
00:40:06,670 --> 00:40:13,277
A $58 MILLION TO THE CITY OF 

1091
00:40:13,277 --> 00:40:20,518
SEATTLE  BUT $40 MILLION GOING  

1092
00:40:20,518 --> 00:40:21,585
TO THE PROJECT BECAUSE YOU HAVE 

1093
00:40:21,585 --> 00:40:22,553
THAT AMOUNT OF INTEREST THAT WE 

1094
00:40:22,553 --> 00:40:23,587
ARE BEARING. I THINK THE FISCAL 

1095
00:40:23,587 --> 00:40:24,622
AMOUNT WOULD WANT TO FLESH THAT 

1096
00:40:24,622 --> 00:40:27,124
OUT MORE AND DIFFERENTIATE  

1097
00:40:27,124 --> 00:40:27,892
BETWEEN WHAT THEY ARE GETTING  

1098
00:40:27,892 --> 00:40:28,759
VERSUS WHAT WE ARE ACTUALLY  

1099
00:40:28,759 --> 00:40:29,593
PAYING AND WE ARE PAYING  

1100
00:40:29,593 --> 00:40:30,628
INTEREST. IT IS A HIGHER NUMBER 

1101
00:40:30,628 --> 00:40:37,134
ON OUR SIDE.  AND THEN WILL THE 

1102
00:40:37,134 --> 00:40:38,035
$19 MILLION, DO YOU THINK THAT  

1103
00:40:38,035 --> 00:40:39,336
WILL BE PURCHASED IN THE FORM O 

1104
00:40:39,336 --> 00:40:40,137
BONDS AS WELL IN 2026?  

1105
00:40:40,137 --> 00:40:44,108
&gt;&gt; IT IS HARD TO SAY, HOWEVER I 

1106
00:40:44,108 --> 00:40:45,142
IS NOT UNLIKELY. THE CITY DOES  

1107
00:40:45,142 --> 00:40:49,280
USE BONDS A GOOD BIT BUT WE  

1108
00:40:49,280 --> 00:40:50,447
CANNOT SAY YET BECAUSE WE DO NO 

1109
00:40:50,447 --> 00:40:51,315
HAVE THAT SPECIFIC PROPOSAL IN  

1110
00:40:51,315 --> 00:40:51,816
FRONT OF YOU.  

1111
00:40:51,816 --> 00:40:52,183
&gt;&gt; OKAY.  

1112
00:40:52,183 --> 00:40:55,753
&gt;&gt; ONE OTHER THING. I WANT TO 

1113
00:40:55,753 --> 00:41:00,458
NOTE REGARDLESS OF WHAT THE  

1114
00:41:00,458 --> 00:41:01,525
AMOUNT IS, THE FUNDS THAT THE  

1115
00:41:01,525 --> 00:41:02,526
CITY WOULD BE PUTTING INTO THE  

1116
00:41:02,526 --> 00:41:05,129
PROJECT ARE REALLY SPECIFICALLY 

1117
00:41:05,129 --> 00:41:05,796
ABOUT THE ELEMENTS DAVID  

1118
00:41:05,796 --> 00:41:06,664
DESCRIBED. WE ARE PUTTING IN  

1119
00:41:06,664 --> 00:41:11,836
SOME CRITICAL NEW FACILITIES FO 

1120
00:41:11,836 --> 00:41:12,703
OUR CAMPUS OPERATIONS. WE ARE  

1121
00:41:12,703 --> 00:41:13,370
REPLACING SOME OTHER SERVICE  

1122
00:41:13,370 --> 00:41:15,940
FACILITIES, WHERE WE ARE RENTIN 

1123
00:41:15,940 --> 00:41:16,774
SPACE WITH THIS CONSOLIDATED AT 

1124
00:41:16,774 --> 00:41:22,713
THE HEART OF THE CAMPUS. WE ARE 

1125
00:41:22,713 --> 00:41:30,688
COMPLETING  -- THAT IS A KEY  

1126
00:41:30,688 --> 00:41:31,655
CAMPUS CONNECTION THAT HAS BEEN 

1127
00:41:31,655 --> 00:41:32,489
IDENTIFIED FOR YEARS AS A  

1128
00:41:32,489 --> 00:41:33,257
PRIORITY TO COMPLETE. AND THEN  

1129
00:41:33,257 --> 00:41:34,325
WE ARE CREATING AN OPEN SPACE  

1130
00:41:34,325 --> 00:41:35,025
WITH CONNECTION BETWEEN THE  

1131
00:41:35,025 --> 00:41:35,759
INTERNATIONAL FOUNTAIN AND THE  

1132
00:41:35,759 --> 00:41:36,594
NEW STADIUM. THE POINT BEING  

1133
00:41:36,594 --> 00:41:37,595
THAT THE CITY DOLLARS GOING INT 

1134
00:41:37,595 --> 00:41:40,364
THIS HAVE A VERY SPECIFI PUBLIC 

1135
00:41:40,364 --> 00:41:41,065
PURPOSE. THAT MAKES SENSE.  

1136
00:41:41,065 --> 00:41:43,234
&gt;&gt; THAT IS VERY HELPFUL. THANK  

1137
00:41:43,234 --> 00:41:48,939
YOU. JUST A COUPLE MORE 

1138
00:41:48,939 --> 00:41:50,608
QUESTIONS . I SEE JACKIE'S HAND 

1139
00:41:50,608 --> 00:41:50,941
IS UP.  

1140
00:41:50,941 --> 00:41:52,076
&gt;&gt; I JUST WANTED TO ADD ONE  

1141
00:41:52,076 --> 00:41:52,977
DETAIL TO WHAT MARSHALL JUST  

1142
00:41:52,977 --> 00:41:58,749
SAID. IN REPLACING THE  OFF-SIT 

1143
00:41:58,749 --> 00:41:59,783
SERVICE SHOPS FOR WHICH WE NOW  

1144
00:41:59,783 --> 00:42:03,888
PAY HALF $1 MILLION IN A LEASE  

1145
00:42:03,888 --> 00:42:04,788
PAYMENT ANNUALLY, THERE WILL BE 

1146
00:42:04,788 --> 00:42:06,357
A LONG-TERM OPERATING SAVINGS  

1147
00:42:06,357 --> 00:42:09,827
WHEN WE GET THE ON-SITE  

1148
00:42:09,827 --> 00:42:10,127
FACILITY.  

1149
00:42:10,127 --> 00:42:15,900
&gt;&gt; THAT IS REALLY HELPFUL TO  

1150
00:42:15,900 --> 00:42:24,608
POINT OUT.  WITH THE CITY'S SID 

1151
00:42:24,608 --> 00:42:25,476
IS CONTRIBUTING IS GOING TOWARD 

1152
00:42:25,476 --> 00:42:26,543
MANY THINGS THAT THE CITY NEEDS 

1153
00:42:26,543 --> 00:42:27,678
TO REPLACE AND WHAT THEY WANT T 

1154
00:42:27,678 --> 00:42:28,679
ADD VALUE TO AND EVEN SOME  

1155
00:42:28,679 --> 00:42:29,547
SAVINGS. YOU MENTIONED THAT.  

1156
00:42:29,547 --> 00:42:30,414
THANK YOU. THE QUESTION ABOUT  

1157
00:42:30,414 --> 00:42:31,649
THE ISSUE OF COST OVERRUNS AND  

1158
00:42:31,649 --> 00:42:33,350
APPRECIATE THE EXECUTIVE TEAM  

1159
00:42:33,350 --> 00:42:34,151
HIGHLIGHTING THAT EARLIER IN TH 

1160
00:42:34,151 --> 00:42:38,155
PRESENTATION. I NOTICED THAT ON 

1161
00:42:38,155 --> 00:42:40,724
PAGE 20 OF THE REQUEST FOR  

1162
00:42:40,724 --> 00:42:43,360
PROPOSALS, I THINK IT IS PRETTY 

1163
00:42:43,360 --> 00:42:49,266
CLEAR THAT IT IS UNDER THE  

1164
00:42:49,266 --> 00:42:52,236
DEVELOPMENT AGREEMENT.  THE  

1165
00:42:52,236 --> 00:42:53,103
DEVELOPER AND OPERATOR WILL BE  

1166
00:42:53,103 --> 00:42:54,004
RESPONSIBLE FOR THE BALANCE OF  

1167
00:42:54,004 --> 00:42:54,672
FUNDING TO COMPLETE THE  

1168
00:42:54,672 --> 00:42:55,339
REDEVELOPMENT AND CONSTRUCTION  

1169
00:42:55,339 --> 00:42:55,940
OF THE PROJECT, INCLUDING  

1170
00:42:55,940 --> 00:43:01,312
RESPONSIBILITY FOR COVERING COS 

1171
00:43:01,312 --> 00:43:02,646
OVERRUNS , SO IT IS DATED CLEAR 

1172
00:43:02,646 --> 00:43:03,681
IN THE RFPs. IS LOOKING FORWARD 

1173
00:43:03,681 --> 00:43:04,682
TO WHEN THAT TRANSFERS OVER TO  

1174
00:43:04,682 --> 00:43:05,950
WHAT IT IS THAT THE COUNCIL WIL 

1175
00:43:05,950 --> 00:43:06,717
BE APPROVING WHEN WE ARE  

1176
00:43:06,717 --> 00:43:08,752
APPROVING THE DEVELOPMENT  

1177
00:43:08,752 --> 00:43:09,520
AGREEMENT ITSELF, THAT THE  

1178
00:43:09,520 --> 00:43:10,321
SIMILAR LANGUAGE IS IN THERE,  

1179
00:43:10,321 --> 00:43:13,791
THAT THE COST OVER THE OVERRUNS 

1180
00:43:13,791 --> 00:43:14,825
WILL BE BORNE BY THE DEVELOPER  

1181
00:43:14,825 --> 00:43:20,664
OR THE PROJECT. I GUESS THERE  

1182
00:43:20,664 --> 00:43:21,599
ARE TWO OTHER FUNDING ELEMENTS  

1183
00:43:21,599 --> 00:43:22,700
TO ANY PROJECT. IT IS ALSO THE  

1184
00:43:22,700 --> 00:43:28,539
ONGOING MAINTENANCE AND THE  

1185
00:43:28,539 --> 00:43:31,175
CAPITAL REPLACEMENTS.  THE HVAC 

1186
00:43:31,175 --> 00:43:32,276
SYSTEMS, WHEN THEY START TO WEA 

1187
00:43:32,276 --> 00:43:33,277
DOWN IN 20 YEARS, WHO IS  

1188
00:43:33,277 --> 00:43:36,113
REPLACING THAT, THOSE COSTS. IT 

1189
00:43:36,113 --> 00:43:37,414
IS MY UNDERSTANDING IT WILL BE  

1190
00:43:37,414 --> 00:43:38,082
SEPARATE OPERATIONS AGREEMENT  

1191
00:43:38,082 --> 00:43:43,587
THAT WE WILL TALK ABOUT, WHO IS 

1192
00:43:43,587 --> 00:43:44,154
COVERING OPERATIONS AND  

1193
00:43:44,154 --> 00:43:44,955
MAINTENANCE AND WHO IS COVERING 

1194
00:43:44,955 --> 00:43:49,059
REPAIR PLACEMENTS. IS IT THE -- 

1195
00:43:49,059 --> 00:43:54,431
THE OPERATOR WOULD BE IN CHARGE 

1196
00:43:54,431 --> 00:43:55,299
OF ANY EXPENSE OVERRUNS THAT  

1197
00:43:55,299 --> 00:44:00,871
MIGHT HAPPEN ON AN ONGOING 

1198
00:44:00,871 --> 00:44:01,572
BASIS?   

1199
00:44:01,572 --> 00:44:02,639
&gt;&gt; THAT IS CERTAINLY A KEY  

1200
00:44:02,639 --> 00:44:03,540
ELEMENT THAT WE PLAN TO  

1201
00:44:03,540 --> 00:44:04,308
NEGOTIATE SPECIFICALLY WITH THE 

1202
00:44:04,308 --> 00:44:05,509
PARTNER. WE WOULD LIKE TO GET A 

1203
00:44:05,509 --> 00:44:12,616
MUCH COMMITMENT TO CAPITAL , TO 

1204
00:44:12,616 --> 00:44:13,350
FUNDING THE CAPITAL MAINTENANCE 

1205
00:44:13,350 --> 00:44:14,385
PROCESS AS POSSIBLE. THAT IS A  

1206
00:44:14,385 --> 00:44:15,419
KEY THING. I THINK IT IS  

1207
00:44:15,419 --> 00:44:18,655
IMPORTANT WITH KNOWLEDGE THOUGH 

1208
00:44:18,655 --> 00:44:19,690
THIS IS A VERY DIFFERENT PROJEC 

1209
00:44:19,690 --> 00:44:20,491
THAN SOME OTHER PUBLIC/PRIVATE  

1210
00:44:20,491 --> 00:44:23,160
PARTNERSHIPS WE HAVE DONE LIKE  

1211
00:44:23,160 --> 00:44:23,927
CLIMATE PLEDGE. THIS IS VERY,  

1212
00:44:23,927 --> 00:44:29,733
VERY LIMITED IN TERMS OF  

1213
00:44:29,733 --> 00:44:30,734
COMMERCIAL REVENUE  POTENTIAL.  

1214
00:44:30,734 --> 00:44:31,735
THIS IS REALLY ABOUT PROVIDING  

1215
00:44:31,735 --> 00:44:32,403
PUBLIC STADIUM OR COMMUNITY  

1216
00:44:32,403 --> 00:44:33,270
STADIUM THAT WILL SERVE STUDENT 

1217
00:44:33,270 --> 00:44:34,438
AND SERVE CAMPUS EVENTS. THERE  

1218
00:44:34,438 --> 00:44:37,041
ARE VERY LIMITED WINDOWS FOR  

1219
00:44:37,041 --> 00:44:47,584
REVENUE GENERATION, SO WE ARE   

1220
00:44:53,991 --> 00:44:54,925
-- ELEMENTS WE WILL HAVE TO  

1221
00:44:54,925 --> 00:44:55,926
NEGOTIATE AND THAT IS ONE OF  

1222
00:44:55,926 --> 00:44:56,994
THEM. THE THINGS WE FEEL IN  

1223
00:44:56,994 --> 00:44:57,895
TERMS OF MITIGATING OUR RISK  

1224
00:44:57,895 --> 00:44:58,729
AFFRONTS THAT ARE MOST IMPORTAN 

1225
00:44:58,729 --> 00:44:59,963
AND WE HAVE BEEN CLEAR ABOUT IN 

1226
00:44:59,963 --> 00:45:00,931
THE LANGUAGE, AS YOU CITED, IS  

1227
00:45:00,931 --> 00:45:01,799
THINGS LIKE CAPITAL RISK TO  

1228
00:45:01,799 --> 00:45:02,666
BUILDING A PROJECT. THAT THOSE  

1229
00:45:02,666 --> 00:45:13,110
BE BORN BY THE PARTNER.   

1230
00:45:18,916 --> 00:45:19,783
&gt;&gt; THANK YOU. I APPRECIATE THIS 

1231
00:45:19,783 --> 00:45:20,884
WILL COME BACK TO THE COUNCIL 

1232
00:45:20,884 --> 00:45:21,819
AGAIN TO LOOK AT THE DEVELOPMEN 

1233
00:45:21,819 --> 00:45:22,453
AGREEMENT AND THE OPERATING  

1234
00:45:22,453 --> 00:45:23,454
AGREEMENT AND TO MAKE THE REAL  

1235
00:45:23,454 --> 00:45:24,354
DECISIONS AT THAT POINT. SO,  

1236
00:45:24,354 --> 00:45:25,389
THANK YOU FOR THE OPPORTUNITY T 

1237
00:45:25,389 --> 00:45:25,923
ASK THOSE QUESTIONS.  

1238
00:45:25,923 --> 00:45:27,458
&gt;&gt; LET ME JUST WRAP UP. I DO NO 

1239
00:45:27,458 --> 00:45:28,792
WANT TO WRAP UP YET BUT I WANT  

1240
00:45:28,792 --> 00:45:29,827
TO INSERT A FEW COMMENTS AND  

1241
00:45:29,827 --> 00:45:31,895
OPEN THE FLOOR FOR MY COLLEAGUE 

1242
00:45:31,895 --> 00:45:32,930
QUICKLY WHILE WE ARE ON THE  

1243
00:45:32,930 --> 00:45:33,764
SUBJECT, BUT MARSHA, LEE ACRES  

1244
00:45:33,764 --> 00:45:34,498
IS SEATTLE CENTER, THE  

1245
00:45:34,498 --> 00:45:35,032
FOOTPRINT, THE CAMPUS?  

1246
00:45:35,032 --> 00:45:35,566
&gt;&gt; 74 TOTAL.  

1247
00:45:35,566 --> 00:45:36,533
&gt;&gt; 74? AND THE SEATTLE PUBLIC  

1248
00:45:36,533 --> 00:45:41,739
SCHOOL PROPERTY IS ABOUT 25?  

1249
00:45:41,739 --> 00:45:42,039
&gt;&gt; 10.  

1250
00:45:42,039 --> 00:45:42,606
&gt;&gt; 10 ACRES?  

1251
00:45:42,606 --> 00:45:43,073
&gt;&gt; APPROXIMATELY.  

1252
00:45:43,073 --> 00:45:48,712
&gt;&gt; THAT IS INCLUDING THE PARKIN 

1253
00:45:48,712 --> 00:45:54,518
LOT?  RIGHT, SO YOU DO NOT WANT 

1254
00:45:54,518 --> 00:45:55,886
TO PUT ON THE SPOT, BUT IT WILL 

1255
00:45:55,886 --> 00:45:57,020
COME BACK TO YOU. WHAT I WAS  

1256
00:45:57,020 --> 00:45:58,255
TRYING TO MAKE SURE IS WE HAVE  

1257
00:45:58,255 --> 00:45:59,089
MORE INFORMATION ON WHAT COUNCI 

1258
00:45:59,089 --> 00:45:59,890
MEMBER PEDEREN PRODUCT, WHICH I 

1259
00:45:59,890 --> 00:46:01,024
HEARD FROM MY COLLEAGUES , AND  

1260
00:46:01,024 --> 00:46:01,959
WE HAVE SEEN THIS. THIS PUBLIC  

1261
00:46:01,959 --> 00:46:02,826
ASSET BELONGS TO THE SEATTLE  

1262
00:46:02,826 --> 00:46:03,894
SCHOOL DISTRICT, NOT THE CITY O 

1263
00:46:03,894 --> 00:46:04,762
SEATTLE. IT WAS DIFFERENT FROM  

1264
00:46:04,762 --> 00:46:06,296
WHEN WE DO THE OTHER ONE. WE  

1265
00:46:06,296 --> 00:46:15,405
STILL HAVE THE DUTY TO TAX   

1266
00:46:15,405 --> 00:46:16,673
PAYERS AND I JUST WANT TO MAKE  

1267
00:46:16,673 --> 00:46:17,674
SURE THAT WE EMPHASIZE THAT THE 

1268
00:46:17,674 --> 00:46:18,642
PUBLIC BENEFIT IS NOT JUST WITH 

1269
00:46:18,642 --> 00:46:19,743
THE SCHOOL DISTRICT AND THOSE 1 

1270
00:46:19,743 --> 00:46:21,411
ACRES. IT EXTENDS BEYOND THAT T 

1271
00:46:21,411 --> 00:46:27,618
ENHANCE AND REPAIR AND DEVELOP  

1272
00:46:27,618 --> 00:46:28,352
ALL THOSE INFRASTRUCTURES THAT  

1273
00:46:28,352 --> 00:46:29,186
SUPPORT MEMORIAL STADIUM AND WE 

1274
00:46:29,186 --> 00:46:33,657
TRY TO TAKE A RUN AT THIS AND - 

1275
00:46:33,657 --> 00:46:35,025
JACKIE KNOWS. IT DID NOT QUITE  

1276
00:46:35,025 --> 00:46:38,795
WORK OUT. WHEN WE WANTED TO MOV 

1277
00:46:38,795 --> 00:46:39,763
DIRT ONE TIME AND WHOEVER GOT  

1278
00:46:39,763 --> 00:46:47,237
THE CONTRACT BACK THEN TO DO TH 

1279
00:46:47,237 --> 00:46:51,608
CLIMATE PLEDGE  AS IT WAS  

1280
00:46:51,608 --> 00:46:52,442
FINALLY CALLED, WE COULD NOT  

1281
00:46:52,442 --> 00:46:53,377
COME TO TERMS WITH GETTING THE  

1282
00:46:53,377 --> 00:46:54,278
SCHOOL DISTRICT AND MAKING SURE 

1283
00:46:54,278 --> 00:46:55,312
WE WERE CLEAR. THAT IS ANOTHER  

1284
00:46:55,312 --> 00:46:56,513
STORY, BUT THE POINT IS WE ARE  

1285
00:46:56,513 --> 00:46:57,714
HERE NOW. AT LEAST IN 2016, WE  

1286
00:46:57,714 --> 00:47:03,420
HAVE KNOWN THAT PIECE OF  

1287
00:47:03,420 --> 00:47:06,857
PROPERTY NEEDED , DESPERATELY  

1288
00:47:06,857 --> 00:47:08,091
NEEDED TO BE TAKEN CARE OF. WE  

1289
00:47:08,091 --> 00:47:09,426
HAD HOPED TO GET IT DONE WHEN W 

1290
00:47:09,426 --> 00:47:10,327
DID SEATTLE CLIMATE PLEDGE, BUT 

1291
00:47:10,327 --> 00:47:11,461
IT DID NOT HAPPEN. THAT IS WHER 

1292
00:47:11,461 --> 00:47:14,097
WE ARE AT NOW. MY UNDERSTANDING 

1293
00:47:14,097 --> 00:47:15,265
IS, PLEASE CORRECT ME IF I AM  

1294
00:47:15,265 --> 00:47:16,466
WRONG ON THE NUMBERS, BUT ARE W 

1295
00:47:16,466 --> 00:47:25,642
ESTIMATING THAT IF WE PUT IN ,  

1296
00:47:25,642 --> 00:47:26,643
IF WE ARE SECURING $66.5 MILLIO 

1297
00:47:26,643 --> 00:47:27,644
FROM THE SCHOOL DISTRICT AND -- 

1298
00:47:27,644 --> 00:47:28,846
I AM SORRY. $40 MILLION BY THE  

1299
00:47:28,846 --> 00:47:30,047
END OF THE DAY AND $40 MILLION  

1300
00:47:30,047 --> 00:47:30,914
IN TODAY'S DOLLARS, THAT THE  

1301
00:47:30,914 --> 00:47:40,891
TOTAL PROJECT COST  FOR THIS  

1302
00:47:40,891 --> 00:47:41,992
PUBLIC ASSET THAT BELONGS TO TH 

1303
00:47:41,992 --> 00:47:42,826
SCHOOL DISTRICT, THAT SITS IN  

1304
00:47:42,826 --> 00:47:43,827
OUR CAMPUS, IS $250 MILLION? I  

1305
00:47:43,827 --> 00:47:44,728
HAVE SEEN THAT NUMBER SOMEWHERE 

1306
00:47:44,728 --> 00:47:44,862
 

1307
00:47:44,862 --> 00:47:45,862
&gt;&gt; THAT IS A NUMBER THAT HAS  

1308
00:47:45,862 --> 00:47:47,097
BEEN OUT THERE. I DO NOT THINK  

1309
00:47:47,097 --> 00:47:47,931
OUR CURRENT PROPOSAL REQUIRES A 

1310
00:47:47,931 --> 00:47:54,471
PROJECT THAT EXPENSIVE , BUT, O 

1311
00:47:54,471 --> 00:47:55,372
COURSE, YOU KNOW, YOU CAN  

1312
00:47:55,372 --> 00:47:56,540
IMAGINE THERE ARE WAYS TO GET I 

1313
00:47:56,540 --> 00:47:57,574
THERE PRETTY QUICKLY. IT IS HAR 

1314
00:47:57,574 --> 00:47:58,809
TO ESTIMATE OR PUT A NUMBER ON  

1315
00:47:58,809 --> 00:47:59,810
IT BECAUSE WE ARE LOOKING AT  

1316
00:47:59,810 --> 00:48:00,744
PROPOSALS THAT ARE REALLY BASED 

1317
00:48:00,744 --> 00:48:01,845
ON THAT. I WOULD SAY, YOU KNOW, 

1318
00:48:01,845 --> 00:48:02,913
WE ARE WELL SOUTH OF THAT,  

1319
00:48:02,913 --> 00:48:13,457
PROBABLY IN THE $150 MILLION   

1320
00:48:16,493 --> 00:48:16,693
RANGE.  

1321
00:48:16,693 --> 00:48:17,728
&gt;&gt; WE WILL KNOW MORE AFTER YOU  

1322
00:48:17,728 --> 00:48:18,595
PICK WHOEVER AND WE START  

1323
00:48:18,595 --> 00:48:19,263
GETTING INTO THOSE UNDERLYING  

1324
00:48:19,263 --> 00:48:19,930
DOCUMENTS ABOUT FINANCING AND  

1325
00:48:19,930 --> 00:48:20,797
DEBT FINANCING AND ALL THOSE  

1326
00:48:20,797 --> 00:48:21,665
ISSUES. MARSHALL, IF YOU CAN  

1327
00:48:21,665 --> 00:48:25,102
JUST SUM UP, WHY IS THIS  

1328
00:48:25,102 --> 00:48:25,802
RESOLUTION,  WHICH COUNCIL  

1329
00:48:25,802 --> 00:48:26,503
MEMBER PEDERSEN SAYS IS  

1330
00:48:26,503 --> 00:48:27,537
NONBINDING, WHY IS THAT IN FRON 

1331
00:48:27,537 --> 00:48:28,538
OF US TODAY? WHAT IS ITS  

1332
00:48:28,538 --> 00:48:29,573
PURPOSE? I PUSH TOO HARD ON  

1333
00:48:29,573 --> 00:48:30,741
THIS.  BESIDES THE FACT I WILL  

1334
00:48:30,741 --> 00:48:41,318
BE GONE IN 230 DAYS,  WHY ARE W 

1335
00:48:44,021 --> 00:48:44,988
DOING THIS RESOLUTION? WHY AM I 

1336
00:48:44,988 --> 00:48:45,989
SUSPENDING THE RULES SO WE CAN  

1337
00:48:45,989 --> 00:48:47,257
VOTE ON IT TOMORROW? WHY ARE WE 

1338
00:48:47,257 --> 00:48:47,591
DOING THAT?  

1339
00:48:47,591 --> 00:48:48,358
&gt;&gt; I THINK, FUNDAMENTALLY,  

1340
00:48:48,358 --> 00:48:49,092
COUNCIL PRESIDENT, WE THOUGHT I 

1341
00:48:49,092 --> 00:48:49,960
WAS IMPORTANT TO ACKNOWLEDGE TH 

1342
00:48:49,960 --> 00:48:55,032
PROCESS THAT WE ARE ON. YES, WE 

1343
00:48:55,032 --> 00:48:55,966
HAVE HAD SEVERAL STEPS TO DATE  

1344
00:48:55,966 --> 00:48:57,034
WITH THE DISTRICT, BUT FOR A  

1345
00:48:57,034 --> 00:48:57,734
PUBLIC PARTNERSHIP BETWEEN THE  

1346
00:48:57,734 --> 00:48:58,735
DISTRICT AND THE CITY OF THIS  

1347
00:48:58,735 --> 00:48:59,936
SCALE, WE WANTED TO MAKE SURE W 

1348
00:48:59,936 --> 00:49:01,171
HAD A MOMENT WHERE WE SORT OF  

1349
00:49:01,171 --> 00:49:02,005
CONFIRM THAT WITH THE CITY  

1350
00:49:02,005 --> 00:49:02,839
COUNCIL AS WE MOVE INTO  

1351
00:49:02,839 --> 00:49:09,913
SELECTING A PARTNER . I DO NOT  

1352
00:49:09,913 --> 00:49:10,947
THINK THIS IS A SURPRISE TO  

1353
00:49:10,947 --> 00:49:12,149
ANYONE. AS YOU HAVE SAID, IT HA 

1354
00:49:12,149 --> 00:49:12,983
BEEN DECADES OF ATTEMPTING TO  

1355
00:49:12,983 --> 00:49:14,084
GET TO THIS PARTNERSHIP BUT NOW 

1356
00:49:14,084 --> 00:49:15,252
THAT WE ARE THERE, WE WANTED TO 

1357
00:49:15,252 --> 00:49:16,353
MAKE SURE THAT WAS AFFIRMED AND 

1358
00:49:16,353 --> 00:49:17,120
EVERYONE FELT STRONG ABOUT IT.  

1359
00:49:17,120 --> 00:49:21,658
THE OTHER KEY PIECE IS WE ARE  

1360
00:49:21,658 --> 00:49:22,459
BEING UP-FRONT AND CLEAR THAT,  

1361
00:49:22,459 --> 00:49:23,560
YES, THIS IS NONBINDING AND THI 

1362
00:49:23,560 --> 00:49:27,998
IS A STATEMENT OF INTENT  

1363
00:49:27,998 --> 00:49:28,665
ESSENTIALLY. GETTING EVERYONE  

1364
00:49:28,665 --> 00:49:29,566
AWARE THAT WE WILL BE COMING  

1365
00:49:29,566 --> 00:49:35,472
LATER IN THE SUMMER WITH MORE  

1366
00:49:35,472 --> 00:49:40,377
FORMAL AGREEMENTS.  THAT WILL  

1367
00:49:40,377 --> 00:49:41,244
BE, YOU KNOW, CONTRAST TO  

1368
00:49:41,244 --> 00:49:42,245
ACTUALLY DO THE PROJECT. WE DID 

1369
00:49:42,245 --> 00:49:43,480
NOT WANT THAT TO BE A SURPRISE, 

1370
00:49:43,480 --> 00:49:44,514
THAT THAT WAS COMING DOWN THE  

1371
00:49:44,514 --> 00:49:44,748
ROAD.  

1372
00:49:44,748 --> 00:49:45,949
&gt;&gt; MY JOB AND MY PURPOSE OF  

1373
00:49:45,949 --> 00:49:46,883
GOING THROUGH THIS AND THANK YO 

1374
00:49:46,883 --> 00:49:47,951
FOR THE FISCAL NOTE. AGAIN, I  

1375
00:49:47,951 --> 00:49:50,087
UNDERSTAND A BIT MORE OF THE  

1376
00:49:50,087 --> 00:49:56,727
DETAILS. THIS IS NOT JUST A  

1377
00:49:56,727 --> 00:50:03,400
TAXPAYER-FUNDED --  THIS IS  

1378
00:50:03,400 --> 00:50:04,468
ACTUALLY, FOR THE FIRST TIME, I 

1379
00:50:04,468 --> 00:50:05,335
THINK, CORRECT ME IF I'M WRONG, 

1380
00:50:05,335 --> 00:50:06,436
THAT THE CITY OF SEATTLE AND  

1381
00:50:06,436 --> 00:50:07,270
SEATTLE PUBLIC SCHOOLS IS COMIN 

1382
00:50:07,270 --> 00:50:08,105
TOGETHER FOR A CAPITAL PROJECT  

1383
00:50:08,105 --> 00:50:09,005
IN WHICH THEY ARE BOTH  

1384
00:50:09,005 --> 00:50:09,706
CONTRIBUTING MONEY BECAUSE THER 

1385
00:50:09,706 --> 00:50:13,777
IS A NEED AND WE FINALLY GOT IT 

1386
00:50:13,777 --> 00:50:14,945
DONE. IS THAT FAIR? IS THAT A  

1387
00:50:14,945 --> 00:50:15,379
FAIR STATEMENT?  

1388
00:50:15,379 --> 00:50:16,513
&gt;&gt; YEAH, THIS IS VERY MUCH A  

1389
00:50:16,513 --> 00:50:19,983
FIRST. WE HAVE CITY AND SCHOOL  

1390
00:50:19,983 --> 00:50:20,851
DISTRICTS COMMITMENT. WE HAVE A 

1391
00:50:20,851 --> 00:50:21,685
PROPOSAL, WHICH REALLY PUTS A  

1392
00:50:21,685 --> 00:50:22,719
VERY STRONG LINE DOWN IN TERMS  

1393
00:50:22,719 --> 00:50:23,887
OF THE PUBLIC USE OF THE  

1394
00:50:23,887 --> 00:50:24,654
BUILDING. THAT IS ABSOLUTELY  

1395
00:50:24,654 --> 00:50:26,623
WHAT THIS IS ABOUT. WE ARE  

1396
00:50:26,623 --> 00:50:32,496
BASICALLY AIMING TO LEVERAGE   

1397
00:50:32,496 --> 00:50:33,697
THE PARTNER TO BE ABLE TO FULLY 

1398
00:50:33,697 --> 00:50:34,765
FUND THE PROJECT THAT WE WOULD  

1399
00:50:34,765 --> 00:50:45,342
NOT OTHERWISE BE ABLE TO ACHIEV 

1400
00:50:48,979 --> 00:50:50,280
 WITH THE PUBLIC USE OF THE  

1401
00:50:50,280 --> 00:50:51,448
BUILDING, AS WELL AS TO HELP US 

1402
00:50:51,448 --> 00:50:52,482
GET THE FACILITIES WE NEED TO  

1403
00:50:52,482 --> 00:50:53,016
OPERATE SEATTLE CENTER.  

1404
00:50:53,016 --> 00:50:54,017
&gt;&gt; THE PUBLIC BENEFIT PIECE IS  

1405
00:50:54,017 --> 00:50:54,718
SOMETHING WE HAVE BEEN  

1406
00:50:54,718 --> 00:50:55,619
DISCUSSING SINCE 2016 AND I  

1407
00:50:55,619 --> 00:50:56,653
THINK WHEN THE VOTERS VOTED YES 

1408
00:50:56,653 --> 00:50:57,954
ON THE LEVY IN 2022, AND I WENT 

1409
00:50:57,954 --> 00:50:59,022
BACK AND LOOKED AT THE VOTER,  

1410
00:50:59,022 --> 00:51:00,223
THE ACTUAL WORDING, A LOT OF MY 

1411
00:51:00,223 --> 00:51:01,091
COLLEAGUES AND SOME PEOPLE DO  

1412
00:51:01,091 --> 00:51:02,092
NOT UNDERSTAND THAT WE WORK WIT 

1413
00:51:02,092 --> 00:51:02,959
THE SCHOOL DISTRICT AND PUSHED  

1414
00:51:02,959 --> 00:51:04,027
REALLY HARD TO MAKE SURE THAT  

1415
00:51:04,027 --> 00:51:14,571
WAS IN THE LEVY  BECAUSE THEY  

1416
00:51:15,305 --> 00:51:16,473
COULD NOT JUST TAKE IT OUT OF  

1417
00:51:16,473 --> 00:51:17,240
THE REGULAR COFFERS. WE WANTED  

1418
00:51:17,240 --> 00:51:18,442
THE VOTERS TO SAY, YES, WE WILL 

1419
00:51:18,442 --> 00:51:19,142
PROVIDE $66.5 MILLION FOR  

1420
00:51:19,142 --> 00:51:20,177
MEMORIAL STADIUM IF THE CITY IS 

1421
00:51:20,177 --> 00:51:24,681
GOING TO PROVIDE $40 MILLION AN 

1422
00:51:24,681 --> 00:51:25,549
THE STATE PROVIDES $4 MILLION  

1423
00:51:25,549 --> 00:51:26,516
BECAUSE THE GREATER GOOD AND TH 

1424
00:51:26,516 --> 00:51:27,384
PUBLIC BENEFIT IS MAINLY GOING  

1425
00:51:27,384 --> 00:51:32,456
TO THE SEATTLE SCHOOL DISTRICT. 

1426
00:51:32,456 --> 00:51:33,323
THAT IS A PHENOMENAL FUNDING  

1427
00:51:33,323 --> 00:51:34,291
SOURCE, REVENUE SOURCE, AND I A 

1428
00:51:34,291 --> 00:51:35,325
GUESSING, ONE OF THE ISSUES THA 

1429
00:51:35,325 --> 00:51:36,359
WAS A STICKING POINT WHEN WE  

1430
00:51:36,359 --> 00:51:45,302
WERE DOING SEATTLE ARENA  WAS  

1431
00:51:45,302 --> 00:51:46,269
WHAT WAS THE PUBLIC BENEFIT TO  

1432
00:51:46,269 --> 00:51:47,170
THE SEATTLESCHOOL DISTRICT IF  

1433
00:51:47,170 --> 00:51:48,205
THEY WANTED TO, YOU KNOW, TRIPL 

1434
00:51:48,205 --> 00:51:49,139
THEIR PARKING LOT? THE SEATTLE  

1435
00:51:49,139 --> 00:51:50,006
PUBLIC SCHOOLS GETS REVENUE FRO 

1436
00:51:50,006 --> 00:51:51,141
PARKING. SO, IT HAD TO GO BEYON 

1437
00:51:51,141 --> 00:51:51,975
PARKING AND THAT WAS OUR  

1438
00:51:51,975 --> 00:51:54,411
DISCUSSION WITH THEM. SOMEBODY  

1439
00:51:54,411 --> 00:51:59,349
WAS SELECTED. THAT WAS -- THERE 

1440
00:51:59,349 --> 00:52:00,450
ARE A LOT OF STICKING POINTS  

1441
00:52:00,450 --> 00:52:05,655
THAT DID NOT GET ADDRESSED. WHE 

1442
00:52:05,655 --> 00:52:06,656
THEY FINALLY WENT TO THE VOTERS 

1443
00:52:06,656 --> 00:52:07,624
AND THE VOTERS SAID YES, THAT  

1444
00:52:07,624 --> 00:52:13,864
WAS THE BOTTLENECK. FOR ME,  IT 

1445
00:52:13,864 --> 00:52:14,831
IS NOT JUST THE MAYOR'S OFFICE  

1446
00:52:14,831 --> 00:52:15,866
OR THE SEATTLE CITY COUNCIL. TH 

1447
00:52:15,866 --> 00:52:21,738
VOTERS HAVE TOLD US LOUD AND  

1448
00:52:21,738 --> 00:52:25,041
CLEAR THAT  IT NEEDS TO GET  

1449
00:52:25,041 --> 00:52:25,909
FIXED. IT IS AN INCREDIBLE  

1450
00:52:25,909 --> 00:52:26,710
ENHANCEMENT WITHIN THE CAMPUS O 

1451
00:52:26,710 --> 00:52:27,744
SEATTLE CENTER AND I THINK WE  

1452
00:52:27,744 --> 00:52:28,812
OWE THAT TO THE SCHOOL DISTRICT 

1453
00:52:28,812 --> 00:52:29,613
AND CERTAINLY THE CHILDREN OF  

1454
00:52:29,613 --> 00:52:30,680
THE SCHOOL DISTRICT.  THINK OF  

1455
00:52:30,680 --> 00:52:33,383
THE CHILDREN, COUNCILMEMBER  

1456
00:52:33,383 --> 00:52:34,451
PEDERSEN.  WITH THAT, I HAVE  

1457
00:52:34,451 --> 00:52:35,652
SAID ENOUGH. I WILL PUT UP THE  

1458
00:52:35,652 --> 00:52:36,853
FLOOR TO MY COLLEAGUES TO SEE I 

1459
00:52:36,853 --> 00:52:37,854
THEY HAVE ANY MORE QUESTIONS AN 

1460
00:52:37,854 --> 00:52:43,827
THEN HAND IT BACK TO YOU, MR. 

1461
00:52:43,827 --> 00:52:47,931
FOSTER  IF YOUR PANEL WANTS TO  

1462
00:52:47,931 --> 00:52:48,965
ADD ANYTHING TO WHAT I HAVE  

1463
00:52:48,965 --> 00:52:49,566
ALREADY SAID. COUNCILMEMBER  

1464
00:52:49,566 --> 00:52:49,866
STRAUSS?  

1465
00:52:49,866 --> 00:52:50,600
&gt;&gt; THANK YOU, COUNCIL PRESIDENT 

1466
00:52:50,600 --> 00:52:52,502
THANK YOU, MARSHALL, JACKIE, MR 

1467
00:52:52,502 --> 00:52:53,570
BURGESS, MR. GOOD NIGHT. I HAVE 

1468
00:52:53,570 --> 00:52:56,673
BEEN WORKING ON THIS SINCE I WA 

1469
00:52:56,673 --> 00:53:04,648
HERE WITH BAGSHAW . I CANNOT  

1470
00:53:04,648 --> 00:53:05,849
WAIT TO GET THIS DONE. THIS IS  

1471
00:53:05,849 --> 00:53:06,816
AMAZING, THAT WE ARE HERE AND  

1472
00:53:06,816 --> 00:53:08,051
THE CITY WILL NEED TO ADD THE  

1473
00:53:08,051 --> 00:53:08,952
ADDITIONAL REVENUE THAT WE HAVE 

1474
00:53:08,952 --> 00:53:09,753
NOT ALLOCATED YET. I'M EXCITED  

1475
00:53:09,753 --> 00:53:14,958
TO VOTE YESTERDAY. THANK YOU.  

1476
00:53:14,958 --> 00:53:16,159
&gt;&gt; CAN I ASK A QUICK QUESTION?  

1477
00:53:16,159 --> 00:53:18,728
WHO IS REPRESENTING THE SEATTLE 

1478
00:53:18,728 --> 00:53:24,801
PUBLIC SCHOOL? WHO IS ON THE  

1479
00:53:24,801 --> 00:53:25,068
PANEL?  

1480
00:53:25,068 --> 00:53:28,071
&gt;&gt; ON THE EVALUATION PANEL?  

1481
00:53:28,071 --> 00:53:29,206
LET'S SEE. CORRECT ME IF I AM  

1482
00:53:29,206 --> 00:53:39,482
WRONG. WE HAVE FRED , WHO I  

1483
00:53:39,482 --> 00:53:40,350
THINK EVERYBODY KNOWS. HE PLAYS 

1484
00:53:40,350 --> 00:53:41,318
A KEY ROLE. ALSO RICHARD BEST,  

1485
00:53:41,318 --> 00:53:42,352
WHO IS THE DIRECTOR OF THE 

1486
00:53:42,352 --> 00:53:43,186
CAPITAL PROGRAMS. ALSO BECKY IS 

1487
00:53:43,186 --> 00:53:45,855
ON HIS STAFF. AND DAVID -- YOU  

1488
00:53:45,855 --> 00:53:52,128
HAVE THE LIST IN FRONT OF YOU.  

1489
00:53:52,128 --> 00:53:53,029
YOU CAN DO THE OTHERS.  

1490
00:53:53,029 --> 00:53:54,064
&gt;&gt; YOU ARE DOING WELL FROM  

1491
00:53:54,064 --> 00:53:54,764
MEMORY. NICELY DONE. STEPHEN  

1492
00:53:54,764 --> 00:53:55,699
NIELSEN, WHO IS THE FORMER  

1493
00:53:55,699 --> 00:53:56,366
DEPUTY SUPERINTENDENT AND IS  

1494
00:53:56,366 --> 00:54:02,906
ALSO ON THE PANEL. AND THEN GAI 

1495
00:54:02,906 --> 00:54:03,840
IS THE PROGRAM MANAGER, ON THE  

1496
00:54:03,840 --> 00:54:09,579
VISUAL PERFORMING ARTS SIDE FOR 

1497
00:54:09,579 --> 00:54:10,480
THE DISTRICT. SHE IS VERY  

1498
00:54:10,480 --> 00:54:13,183
ENTWINED WITH EQUITY AT THE  

1499
00:54:13,183 --> 00:54:14,084
SCHOOL DISTRICT. SHE IS VERY  

1500
00:54:14,084 --> 00:54:15,085
FOCUSED ON WHAT THAT MIGHT LOOK 

1501
00:54:15,085 --> 00:54:19,155
AT. THOSE ARE THE PRIMARY  

1502
00:54:19,155 --> 00:54:21,591
MEMBERS. ONE OTHER IS PAT  

1503
00:54:21,591 --> 00:54:25,095
McCARTHY. PAT IS THEIR EXECUTIV 

1504
00:54:25,095 --> 00:54:35,639
DIRECTOR OF ATHLETICS.  HE HAS  

1505
00:54:41,478 --> 00:54:42,445
THAT OFFICE THAT IS IN THE  

1506
00:54:42,445 --> 00:54:43,280
PARKING LOT CURRENTLY RIGHT NEX 

1507
00:54:43,280 --> 00:54:44,514
TO THE STADIUM AND HE OVERSEES 

1508
00:54:44,514 --> 00:54:45,181
AND ADMINISTERS THE FUNCTIONING 

1509
00:54:45,181 --> 00:54:45,749
OF THE CURRENT FACILITY.  

1510
00:54:45,749 --> 00:54:46,716
&gt;&gt; WHO IS FROM THE SEATTLE  

1511
00:54:46,716 --> 00:54:47,517
PUBLIC SCHOOL DISTRICT THAT IS  

1512
00:54:47,517 --> 00:54:48,585
ELECTED AS PART OF THIS PROCESS 

1513
00:54:48,585 --> 00:54:48,718
 

1514
00:54:48,718 --> 00:54:49,452
&gt;&gt; SIMILAR TO YOUR PREVIOUS  

1515
00:54:49,452 --> 00:54:50,320
STATEMENT, THERE ARE NO ELECTED 

1516
00:54:50,320 --> 00:54:56,026
MEMBERS ON THE PANEL ITSELF. TH 

1517
00:54:56,026 --> 00:55:01,364
STAFF  IS THERE ONLY AND THEY  

1518
00:55:01,364 --> 00:55:02,032
PROVIDE, SIMILAR WITH BRIAN,  

1519
00:55:02,032 --> 00:55:03,066
THEY PROVIDE THAT LINK BACK TO  

1520
00:55:03,066 --> 00:55:03,433
THE ELECTORS.  

1521
00:55:03,433 --> 00:55:04,634
&gt;&gt; YOU ARE THE ELECTIVES ON THE 

1522
00:55:04,634 --> 00:55:05,602
SEATTLE PUBLIC SCHOOLS SIDE?  

1523
00:55:05,602 --> 00:55:12,309
ISN'T VIVIAN ON THERE? NO?  

1524
00:55:12,309 --> 00:55:22,585
&gt;&gt; NO.  SO, WHO DO WE WORK WITH 

1525
00:55:22,585 --> 00:55:27,691
ON THE -- NOT THE PANEL. WHO AR 

1526
00:55:27,691 --> 00:55:28,391
THE STAKEHOLDERS? COUNCILMEMBER 

1527
00:55:28,391 --> 00:55:28,892
SORRY, MR. BURGESS?  

1528
00:55:28,892 --> 00:55:30,927
&gt;&gt; THANK YOU, COUNCIL PRESIDENT 

1529
00:55:30,927 --> 00:55:33,830
THEY ARE THE BOARD MEMBER THAT  

1530
00:55:33,830 --> 00:55:39,569
THE BOARD DESIGNATED AS HOUR  

1531
00:55:39,569 --> 00:55:46,409
LIAISON WITH  THIS BOARD, AND  

1532
00:55:46,409 --> 00:55:47,444
THEN, OF COURSE, WE WORK WITH  

1533
00:55:47,444 --> 00:55:48,111
SUPERINTENDENT JONES ON THIS  

1534
00:55:48,111 --> 00:55:48,611
PROJECT AS WELL.  

1535
00:55:48,611 --> 00:55:50,647
&gt;&gt; SOME OF MY COLLEAGUES WANTED 

1536
00:55:50,647 --> 00:55:51,848
SCHOOLS SIDE -- I AM SORRY. WHA 

1537
00:55:51,848 --> 00:55:57,987
IS VIVIAN'S LAST NAME AGAIN?   

1538
00:55:57,987 --> 00:55:58,688
&gt;&gt; [ INAUDIBLE ].  

1539
00:55:58,688 --> 00:56:00,090
&gt;&gt; AM GLAD SHE IS THERE AND I  

1540
00:56:00,090 --> 00:56:01,091
HOPE SHE IS WATCHING. OF COURSE 

1541
00:56:01,091 --> 00:56:08,198
THE SUPERINTENDENT  BRENTS  

1542
00:56:08,198 --> 00:56:09,099
JONES. MR. JONES. SEE, THESE  

1543
00:56:09,099 --> 00:56:09,866
PLAYERS ARE ALL-IMPORTANT FOR M 

1544
00:56:09,866 --> 00:56:10,800
COLLEAGUES TO KNOW BECAUSE THE  

1545
00:56:10,800 --> 00:56:11,601
RESOLUTION AND THE FISCAL NOTE  

1546
00:56:11,601 --> 00:56:17,640
DOES NOT LAY OUT THE PROCESS OR 

1547
00:56:17,640 --> 00:56:21,611
THE CHRONOLOGY  WERE WHO IS  

1548
00:56:21,611 --> 00:56:22,312
DOING WHAT. THOSE ARE LEGITIMAT 

1549
00:56:22,312 --> 00:56:23,012
QUESTIONS. THEY ARE LEGITIMATE  

1550
00:56:23,012 --> 00:56:23,947
QUESTIONS THAT I HAVE THAT I GO 

1551
00:56:23,947 --> 00:56:25,048
ANSWER BECAUSE I AM THE CHAIR,  

1552
00:56:25,048 --> 00:56:26,082
BUT IF WE COULD HAVE THAT  

1553
00:56:26,082 --> 00:56:26,983
INFORMATION BEFORE THE CLOSE OF 

1554
00:56:26,983 --> 00:56:27,784
BUSINESS SO MY COLLEAGUES HAVE  

1555
00:56:27,784 --> 00:56:34,491
IT IN THEIR HAND  TOMORROW, IF  

1556
00:56:34,491 --> 00:56:35,525
THIS GETS OUT OF COMMITTEE AND  

1557
00:56:35,525 --> 00:56:36,793
WE VOTE ON IT, THAT WOULD BE  

1558
00:56:36,793 --> 00:56:37,293
VERY, VERY HELPFUL.  

1559
00:56:37,293 --> 00:56:38,495
&gt;&gt; WE WILL MAKE SURE BRIAN HAS  

1560
00:56:38,495 --> 00:56:39,662
THAT BEFORE -- WE WILL GET IT  

1561
00:56:39,662 --> 00:56:46,169
OUT TO ALL OF YOU. THAT IS NOT  

1562
00:56:46,169 --> 00:56:46,436
PROBLEM. 

1563
00:56:46,436 --> 00:56:52,175
&gt;&gt;  WE HAVE THE FEBRUARY '22 AN 

1564
00:56:52,175 --> 00:56:53,109
THE SCHOOL DISTRICT AND WHAT WE 

1565
00:56:53,109 --> 00:56:54,544
ARE DOING AND WHAT WE DID IN TH 

1566
00:56:54,544 --> 00:56:55,545
BUDGET ACTION AND WHAT WE ARE  

1567
00:56:55,545 --> 00:56:56,613
GETTING FROM THE STATE. I THINK 

1568
00:56:56,613 --> 00:56:57,480
HOUSE MEMBER PEDERSEN BROUGHT U 

1569
00:56:57,480 --> 00:56:58,314
SOME GOOD ISSUES ON THE  

1570
00:56:58,314 --> 00:56:59,516
FINANCING  AND THERE IS GOING T 

1571
00:56:59,516 --> 00:57:00,683
BE A COMBINATION BECAUSE IT IS  

1572
00:57:00,683 --> 00:57:01,584
PUBLIC PROJECT. THERE MIGHT BE  

1573
00:57:01,584 --> 00:57:03,253
TAX EXEMPT FINANCING. I KNOW I' 

1574
00:57:03,253 --> 00:57:04,287
GETTING IN THE WEEDS A LITTLE  

1575
00:57:04,287 --> 00:57:12,429
BIT, BUT I WANT  MY COLLEAGUES  

1576
00:57:12,429 --> 00:57:13,363
AND THE PUBLIC TO UNDERSTAND  

1577
00:57:13,363 --> 00:57:14,330
THAT THIS IS TRULY A PARTNERSHI 

1578
00:57:14,330 --> 00:57:14,998
BETWEEN SEATTLE PUBLIC SCHOOLS  

1579
00:57:14,998 --> 00:57:16,032
AND THE MAYOR'S OFFICE AND THE  

1580
00:57:16,032 --> 00:57:16,599
LEGISLATIVE BRANCH. THIS  

1581
00:57:16,599 --> 00:57:19,702
RESOLUTION SHOWS THE ROADMAP  

1582
00:57:19,702 --> 00:57:20,804
THAT WE ARE NOT JUST WILLY-NILL 

1583
00:57:20,804 --> 00:57:25,875
TRYING TO JAM THIS DOWN, YOU  

1584
00:57:25,875 --> 00:57:27,243
KNOW, TO CITY HALL TO GET A YES 

1585
00:57:27,243 --> 00:57:28,445
VOTE. THAT IS NOT WHAT WE ARE  

1586
00:57:28,445 --> 00:57:32,382
DOING. I WANT TO MAKE THAT  

1587
00:57:32,382 --> 00:57:32,916
CLEAR. COUNCILMEMBER?  

1588
00:57:32,916 --> 00:57:40,990
&gt;&gt; YOU ARE ON MUTE.  

1589
00:57:40,990 --> 00:57:42,392
&gt;&gt; SORRY.  WHEN MAYOR HARRELL  

1590
00:57:42,392 --> 00:57:46,162
CAME INTO OFFICE JANUARY OF LAS 

1591
00:57:46,162 --> 00:57:47,030
YEAR, SHORTLY AFTER THAT, I  

1592
00:57:47,030 --> 00:57:48,198
THINK STARTING IN FEBRUARY OR  

1593
00:57:48,198 --> 00:57:52,035
EARLY MARCH, THOSE OF US ON THI 

1594
00:57:52,035 --> 00:57:52,869
TEAM THAT ARE REPRESENTING THE  

1595
00:57:52,869 --> 00:58:00,210
EXECUTIVE SIDE HERE MET EVERY  

1596
00:58:00,210 --> 00:58:02,679
TUESDAY AFTERNOON  FROM 3:00  

1597
00:58:02,679 --> 00:58:03,546
UNTIL 4:00 AT SCHOOL DISTRICT  

1598
00:58:03,546 --> 00:58:04,214
HEADQUARTERS WEEK AFTER WEEK  

1599
00:58:04,214 --> 00:58:08,284
AFTER WEEK AFTER WEEK ALL YEAR  

1600
00:58:08,284 --> 00:58:09,085
LONG. WE WERE HAMMERING OUT  

1601
00:58:09,085 --> 00:58:12,422
EXACTLY WHAT THE SCHOOL DISTRIC 

1602
00:58:12,422 --> 00:58:13,423
NEEDED AND WHAT THE CITY NEEDED 

1603
00:58:13,423 --> 00:58:16,926
TO ENHANCE SEATTLE CENTER. SO,  

1604
00:58:16,926 --> 00:58:17,560
YOU ARE CORRECT, COUNCIL  

1605
00:58:17,560 --> 00:58:24,667
PRESIDENT JUAREZ. IT HAS BEEN A 

1606
00:58:24,667 --> 00:58:26,569
COLLABORATIVE EFFORT  WITH THE  

1607
00:58:26,569 --> 00:58:27,370
SCHOOL DISTRICT AND THE CITY,  

1608
00:58:27,370 --> 00:58:28,404
ARRIVING AT THE POINT WHERE WE  

1609
00:58:28,404 --> 00:58:32,542
ARE AT NOW.  

1610
00:58:32,542 --> 00:58:33,743
&gt;&gt; THANK YOU. A HUGE THANK YOU  

1611
00:58:33,743 --> 00:58:34,777
TO JACKIE BECAUSE I HAVE A  

1612
00:58:34,777 --> 00:58:35,778
MEETING WITH HER SINCE 2016 ON  

1613
00:58:35,778 --> 00:58:38,047
THIS. I CANNOT TELL YOU HOW MAN 

1614
00:58:38,047 --> 00:58:40,984
8:00 PRACTICES WE HAD TO DO. I  

1615
00:58:40,984 --> 00:58:46,723
AM JUST THAT WE DID NOT GET THE 

1616
00:58:46,723 --> 00:58:47,757
MEETING DONE BACK THEN BUT I'M  

1617
00:58:47,757 --> 00:58:49,025
GLAD WE CAN DO IT NOW. ARE THER 

1618
00:58:49,025 --> 00:58:49,959
ANY MORE QUESTIONS OR COMMENTS  

1619
00:58:49,959 --> 00:58:52,929
FROM EITHER THE PANEL OR MY  

1620
00:58:52,929 --> 00:58:53,263
COLLEAGUES?  

1621
00:58:53,263 --> 00:58:56,466
&gt;&gt; COUNCILMEMBER SAWANT?  

1622
00:58:56,466 --> 00:59:00,236
&gt;&gt; THANK YOU, PRESIDENT  

1623
00:59:00,236 --> 00:59:01,571
WARRIORS. I WILL BE VOTING NO O 

1624
00:59:01,571 --> 00:59:02,238
THE RESOLUTION WHICH ADVOCATES  

1625
00:59:02,238 --> 00:59:04,440
FOR A PUBLIC PARTNERSHIP TO BE  

1626
00:59:04,440 --> 00:59:06,476
USED FOR THE DEVELOPMENT OF  

1627
00:59:06,476 --> 00:59:07,477
MEMORIAL STADIUM. THIS IS NOT I 

1628
00:59:07,477 --> 00:59:14,384
ANY WAY OPPOSITION TO INVESTMEN 

1629
00:59:14,384 --> 00:59:15,552
. IN FACT, ONE OF THE BUDGET  

1630
00:59:15,552 --> 00:59:16,719
CUTS I WAS OF THE OBJECTED TO  

1631
00:59:16,719 --> 00:59:17,554
DURING THE BUDGET DELIBERATIONS 

1632
00:59:17,554 --> 00:59:23,126
LAST NOVEMBER WAS THE PROPOSED 

1633
00:59:23,126 --> 00:59:29,899
CUT  TO THE REDEVELOPMENT  

1634
00:59:29,899 --> 00:59:30,533
CAPITAL IMPROVEMENTS. AT THE  

1635
00:59:30,533 --> 00:59:31,301
TIME, HE ARGUED SEATTLE SHOULD  

1636
00:59:31,301 --> 00:59:32,168
BE TAXING BIG BUSINESS RATHER  

1637
00:59:32,168 --> 00:59:32,702
THAN CUTTING CRITICAL  

1638
00:59:32,702 --> 00:59:33,336
INFRASTRUCTURE INVESTMENTS. I  

1639
00:59:33,336 --> 00:59:34,203
PROPOSE TO INCREASE THE TAX RAT 

1640
00:59:34,203 --> 00:59:39,742
OF THE AMAZON TAX TO RESTORE  

1641
00:59:39,742 --> 00:59:40,443
THAT AND OTHER FUNDING.  

1642
00:59:40,443 --> 00:59:41,144
UNFORTUNATELY, THE MAJORITY OF  

1643
00:59:41,144 --> 00:59:42,145
THE COUNCIL DID NOT AGREE AND  

1644
00:59:42,145 --> 00:59:43,146
NOW WE ARE PRESENTED WITH A  

1645
00:59:43,146 --> 00:59:48,685
PROPOSAL TO SEEK A  

1646
00:59:48,685 --> 00:59:57,493
PUBLIC/PRIVATE PARTNERSHIP.  TH 

1647
00:59:57,493 --> 00:59:57,994
DEMOCRATIC POLITICAL  

1648
00:59:57,994 --> 00:59:58,628
ESTABLISHMENT OF SEATTLE IS  

1649
00:59:58,628 --> 00:59:59,295
PROPOSING TO ESSENTIALLY SELL  

1650
00:59:59,295 --> 01:00:00,029
OFF THE ACCESS TO PUBLIC  

1651
01:00:00,029 --> 01:00:00,797
RESOURCES TO THE VERY  

1652
01:00:00,797 --> 01:00:01,631
CORPORATIONS THAT REFUSED TO BE 

1653
01:00:01,631 --> 01:00:07,470
TAXED. THIS IS THE HISTORY OF  

1654
01:00:07,470 --> 01:00:08,104
PUBLIC/PRIVATE PARTNERSHIPS.   

1655
01:00:08,104 --> 01:00:09,172
THERE ARE NO DETAILS AS OF YET  

1656
01:00:09,172 --> 01:00:09,939
ABOUT WHAT THIS PUBLIC/PRIVATE  

1657
01:00:09,939 --> 01:00:12,241
PARTNERSHIP IS GOING TO BE OR  

1658
01:00:12,241 --> 01:00:13,142
ENTAIL BECAUSE THE SOLUTION IS  

1659
01:00:13,142 --> 01:00:16,813
JUST AGREEING TO LOOK FOR  

1660
01:00:16,813 --> 01:00:17,380
AGREEMENTS RATHER THAN  

1661
01:00:17,380 --> 01:00:18,147
PRESENTING THE ACTUAL TERMS. BU 

1662
01:00:18,147 --> 01:00:21,617
THERE ARE MANY WAYS CORPORATION 

1663
01:00:21,617 --> 01:00:22,585
COULD PROFIT AT THE EXPENSE OF  

1664
01:00:22,585 --> 01:00:24,120
REGULAR WORKING PEOPLE IN  

1665
01:00:24,120 --> 01:00:29,692
SEATTLE THROUGH THIS SO-CALLED 

1666
01:00:29,692 --> 01:00:30,526
PARTNERSHIP.  THE CONCESSIONS  

1667
01:00:30,526 --> 01:00:31,127
COULD BECOME PROHIBITIVELY  

1668
01:00:31,127 --> 01:00:32,061
EXPENSIVE AS HAS BEEN THE TREND 

1669
01:00:32,061 --> 01:00:33,730
IN STADIUMS AROUND THE COUNTRY  

1670
01:00:33,730 --> 01:00:34,630
AND SEATTLE PUBLIC SCHOOLS COUL 

1671
01:00:34,630 --> 01:00:45,141
SIGN AWAY THEIR ACCESS  TO A  

1672
01:00:45,575 --> 01:00:46,542
SPORTS FIELD THAT COULD BECOME  

1673
01:00:46,542 --> 01:00:47,377
REAL RESOURCE FOR THE SCHOOL  

1674
01:00:47,377 --> 01:00:48,411
DISTRICT. WE DO NOT HAVE ANY  

1675
01:00:48,411 --> 01:00:49,412
DETAILS YET, BUT THE HISTORY OF 

1676
01:00:49,412 --> 01:00:50,046
PUBLIC/PRIVATE PARTNERSHIPS  

1677
01:00:50,046 --> 01:00:50,847
AROUND THE WORLD GIVES ME NO  

1678
01:00:50,847 --> 01:00:51,714
CONFIDENCE IN THIS APPROACH. I  

1679
01:00:51,714 --> 01:00:52,415
BELIEVE SEATTLE SHOULD INCREASE 

1680
01:00:52,415 --> 01:00:53,449
TAXES ON BIG BUSINESS AND USE  

1681
01:00:53,449 --> 01:00:56,386
THOSE RESOURCES TO RENOVATE  

1682
01:00:56,386 --> 01:00:57,186
MEMORIAL STADIUM WITH 100% FOCU 

1683
01:00:57,186 --> 01:00:58,187
ON THE PUBLIC GOOD RATHER THAN  

1684
01:00:58,187 --> 01:01:03,226
THE PROFIT OF INVESTORS. THANK  

1685
01:01:03,226 --> 01:01:03,760
YOU, PRESIDENT JUAREZ.  

1686
01:01:03,760 --> 01:01:04,560
&gt;&gt; THANK YOU, COUNCIL MEMBERS  

1687
01:01:04,560 --> 01:01:11,167
WANT. IS THERE ANYONE ELSE?  

1688
01:01:11,167 --> 01:01:16,272
JACKIE? ALL RIGHT, SO WITH THAT 

1689
01:01:16,272 --> 01:01:17,340
LET'S SEE. I MOVED TO RECOMMEND 

1690
01:01:17,340 --> 01:01:20,710
ADOPTION OF RESOLUTION 32092. I 

1691
01:01:20,710 --> 01:01:25,314
THERE A SECOND?  

1692
01:01:25,314 --> 01:01:25,648
&gt;&gt; SECOND.  

1693
01:01:25,648 --> 01:01:26,649
&gt;&gt; THANK YOU. THE MOTION HAS  

1694
01:01:26,649 --> 01:01:36,726
BEEN MOVED AND SECONDED.  AND I 

1695
01:01:36,726 --> 01:01:37,493
UNDERSTAND THERE IS NO FURTHER  

1696
01:01:37,493 --> 01:01:38,161
DISCUSSION. WILL THE CLERK  

1697
01:01:38,161 --> 01:01:39,228
PLEASE CALL THE ROLL ON THE  

1698
01:01:39,228 --> 01:01:39,762
RECOMMENDATIONS OF THE  

1699
01:01:39,762 --> 01:01:40,430
RESOLUTION TO BE ADOPTED?  

1700
01:01:40,430 --> 01:01:41,097
&gt;&gt; COUNCILMEMBER PEDERSEN?   

1701
01:01:41,097 --> 01:01:41,531
&gt;&gt; YES.  

1702
01:01:41,531 --> 01:01:46,102
&gt;&gt; COUNCILMEMBER SAWANT?  

1703
01:01:46,102 --> 01:01:46,469
&gt;&gt; NO.  

1704
01:01:46,469 --> 01:01:47,070
&gt;&gt; COUNCILMEMBER STRAUSS?  

1705
01:01:47,070 --> 01:01:47,370
&gt;&gt; YES.  

1706
01:01:47,370 --> 01:01:52,842
&gt;&gt; COUNCIL PRESIDENT JUAREZ ? 

1707
01:01:52,842 --> 01:01:55,545
&gt;&gt;  YES.  

1708
01:01:55,545 --> 01:01:56,612
&gt;&gt; THREE IN FAVOR, ONE OPPOSED. 

1709
01:01:56,612 --> 01:01:56,746
 

1710
01:01:56,746 --> 01:01:57,480
&gt;&gt; THE COMMITTEE RECOMMENDS CIT 

1711
01:01:57,480 --> 01:02:02,985
COUNCIL ADOPT RESOLUTION 32092. 

1712
01:02:02,985 --> 01:02:11,828
WITH THAT,  IF THERE ARE NO  

1713
01:02:11,828 --> 01:02:12,595
OBJECTIONS, I MOVED TO SUSPEND  

1714
01:02:12,595 --> 01:02:13,663
THE COUNCIL ROLES TO HAVE THIS  

1715
01:02:13,663 --> 01:02:14,363
RESOLUTION PLACED ON TOMORROW'S 

1716
01:02:14,363 --> 01:02:15,364
MAY 16th CITY COUNCIL AGENDA FO 

1717
01:02:15,364 --> 01:02:16,566
A FULL VOTE IN BRIEFING FOR THE 

1718
01:02:16,566 --> 01:02:21,571
SEATTLE CITY COUNCIL.  

1719
01:02:21,571 --> 01:02:21,938
&gt;&gt; SECOND.  

1720
01:02:21,938 --> 01:02:22,939
&gt;&gt; LOOKING FOR A SECOND, BUT  

1721
01:02:22,939 --> 01:02:24,006
OKAY. HEARING NO OBJECTION. AM  

1722
01:02:24,006 --> 01:02:25,007
SUPPOSED TO GET A SECOND ON  

1723
01:02:25,007 --> 01:02:35,585
THAT? I GUESS I CAN JUST DO IT. 

1724
01:02:41,190 --> 01:02:42,625
 YOU CAN OBJECT, BUT I DO NOT  

1725
01:02:42,625 --> 01:02:43,459
SEE ANY OBJECTIONS. THANK YOU,  

1726
01:02:43,459 --> 01:02:44,393
COUNCIL MEMBER PEDERSEN FOR THA 

1727
01:02:44,393 --> 01:02:45,194
VOTE OF CONFIDENCE. HEARING NO  

1728
01:02:45,194 --> 01:02:45,928
OBJECTION. THIS RESOLUTION WILL 

1729
01:02:45,928 --> 01:02:46,796
BE CONSIDERED FOR FINAL ACTION  

1730
01:02:46,796 --> 01:02:47,430
AT TOMORROW'S CITY COUNCIL  

1731
01:02:47,430 --> 01:02:48,164
MEETING. THAT IS RESOLUTION  

1732
01:02:48,164 --> 01:02:49,332
32092 AND I WANT TO POINT OUT  

1733
01:02:49,332 --> 01:02:50,333
FOR THE PUBLIC  WATCHING THIS,  

1734
01:02:50,333 --> 01:02:51,367
THIS IS JUST THE RESOLUTION. AL 

1735
01:02:51,367 --> 01:02:52,201
THE DEFINING DOCUMENTS AND THE  

1736
01:02:52,201 --> 01:02:52,902
FINANCING DOCUMENTS AND THE  

1737
01:02:52,902 --> 01:02:53,970
AGREEMENTS, THAT IS ALL TO COME 

1738
01:02:53,970 --> 01:02:55,805
THIS JUST LAYS OUT HOW ONE WHO  

1739
01:02:55,805 --> 01:02:56,706
THE STAKEHOLDERS ARE AND THE  

1740
01:02:56,706 --> 01:02:59,675
PARTNERS AND THE FINANCING WHEN 

1741
01:02:59,675 --> 01:03:04,780
WE GET THERE, IF WE GET THERE.  

1742
01:03:04,780 --> 01:03:05,681
OKAY. WITH THAT, THAT CONCLUDES 

1743
01:03:05,681 --> 01:03:06,549
OUR ITEMS OF BUSINESS FOR  

1744
01:03:06,549 --> 01:03:07,416
TODAY'S COMMITTEE MEETING ON OU 

1745
01:03:07,416 --> 01:03:13,823
NEXT MEETING IS THURSDAY, JUNE 

1746
01:03:13,823 --> 01:03:18,461
15th . WITH THAT, COLLEAGUES,  

1747
01:03:18,461 --> 01:03:19,462
THE TIME IS 10:36 AND WE ARE  

1748
01:03:19,462 --> 01:03:20,463
ADJOURNED. THANK YOU. IT IS GOO 

1749
01:03:20,463 --> 01:03:21,864
SEEING YOU, JACKIE.  

1750
01:03:21,864 --> 01:03:22,398
&gt;&gt; RECORDING STOPPED.  

1751
01:03:22,398 --> 01:03:24,100
&gt;&gt; THANK YOU, BUDDY. 

