A RESOLUTION granting conceptual approval of a Significant Structure Term Permit to Seattle Arena Company, LLC to construct, maintain, and operate a tunnel under and across Thomas Street, east of 1st Avenue North and west of Warren Avenue North, to enable the renovation of KeyArena at the Seattle Center.
The Report of the City Council Agenda Item one Resolution 31857. A resolution granting conceptual approval of a significant structured term permit to Seattle Arena Company LLC to construct, maintain and operate a tunnel under and across Thomas Street, east of First Avenue, north and west of Warren Avenue North, to enable the renovation of Key Arena at the Seattle Center, introduced November 26, 2018. Thank you very much. I'll sort of introduce the matter and if any of my colleagues have has anything to add, please just sort of jump in. So this is a resolution, as you may recall, we had a select committee on Civic Arena is meeting just this morning to sort of talk about it. In short, gives a conceptual approval for what's called a significant structure term permit to the Seattle Arena Company. And I think if you're following the news at all, we know that what's happening in a key arena is an exciting project. And this basically allows the the developers and the city to proceed down a path of conceptual approval for a tunnel that will be used for the final structure. There will be another ordinance forthcoming tentatively scheduled around the first quarter of next year that will actually the permit part of the process. And between then and now, the city will be involved in the development of that with the Seattle the Seattle Arena Company, LLC. So basically, again, it's just a conceptual approval to keep going down that path. And as one of the co-chairs of the Civic Arena Committee, we recommend approval of the resolution. Any questions or comments? I'm going to have to make a an amendment to it. That's just a technical name. And I'll do that in a second. Unless there's any questions. Any questions on the base resolution? No, go ahead, Councilmember. I'll just I want to tell you how supportive I am of this. Thank you all for being here, all four of my colleagues. Thank you. To those of you who have been working on this for over a year and a half, I'm very pleased that our neighborhood has come together. The work that Oak View Group has done to reach out to the neighbors in Uptown and Belltown and Queen in South Lake Union. This is going to make a big difference. So I appreciate the fact that you're moving forward. I believe tomorrow we are hoping to hear from the NHL board of governors. Is the event in the morning open to the public? So tomorrow morning, I believe at 8:00 in the morning, there is going to be a get together of hopeful hockey fans in South Lake Union, Henry's Tavern. And as I understand, it's open to the public. I'm intending to be there. Nothing like starting your morning off in a bar, but I'll be there at 8:00. Yeah. Thank you for that. Okay. So I'm going to move to amend resolution 31857 by substituting the fourth recital with the following language entitled quote. Whereas on November 2nd, 2018, Oak View Group, LLC and Seattle Arena Company, LLC entered into an agreement titled Assignment and Assumption of Seattle Center Arena Project Permits and approvals by which Seattle Arena Company LLC was assigned and assumed. Oak View Group LLC Rights and Obligations related to Oak View Group LLC. Application for a significant structure, term permit and end of quote. And basically because you have to be a lawyer to understand what's going on there. But we're just separating the correct names of the parties as a technical correction, as we discussed this morning in committee, any questions on the amendment? We're just going to vote on the amendment. I will move that amendment. Second, all those in favor of the amendment, please vote I. I opposed. The ayes have it. And I think we have an imminent resolution. And I could just do that as a resolution. All those in favor of the resolution as amended. Please vote I. I opposed. The ayes have it. It was unanimous and the chair will sign it. And please read the next agenda item into the record.