AN ORDINANCE relating to the Seattle Center Department; authorizing the Seattle Center Director to execute an amendment to the facility use agreement with Force 10 Hoops, LLC, authorized by Ordinance 125323 for use and occupancy of KeyArena for playing of professional women’s basketball games; making findings of fact about the value provided by professional women’s basketball in Seattle; amending the relocation payment structure in the agreement; and exempting the amendment from the requirements of Chapter 20.47 of the Seattle Municipal Code.
Bill Pass ensures chair will sign it. Please read the next agenda in the short short time to. Please agenda item five cancel 119 549 relating to the sales center department authorizing sales center director to execute an amendment to the facility use agreement with Force Ten Hoops LLC. The committee recommends a bill pass go again. So this Council bill is relative to our. Beloved champions, the Seattle storm. And this basically modifies the facility use agreement amendment. It allows the basically it it doesn't increase our potential liability. The city was continues to remain capped at 2.6 million. But what it does is recall it modifies the formula used to calculate relocation payments. It it no longer makes a differentiation between additional costs and lost revenue. And by doing that change, it certainly encourages and incentivized the storm to play the storm to play their home games here in Seattle rather than electric the location like Everett. And I think many of you know that they're now playing it the pavilion at the University of Washington. And we want to keep our champions local. So that's what this does. And it was a agreed upon negotiation. Any other questions on this great nat please call the role on the passage of the bill. Must get to I O'Brien by Pacheco so I thank John Gonzalez purple by President Harrell. I eat in favor and unopposed. The bill passes and the chair of Senate. Please read the next agenda item.