A RESOLUTION establishing a Watch List of large, complex, discrete capital projects that will require enhanced quarterly monitoring reports for the 2020 calendar year.
The bill passes and the chair will sign it. Thank you. Thank you. Let's continue with our agenda. So first matter on our agenda, item number one, finance and housing. The report on the Finance and Housing Committee. Please read the report. Agenda item one Resolution 31931. A resolution establishing a watch list of large, complex, discrete capital projects that will require enhanced quarterly monitoring reports for the 2020 calendar year. The committee recommends the resolution be adopted as amended. Casper Mosquito. Thank you, Madam President. This resolution adopts the 2020 watch list of projects from the Cities Capital Improvement Program, for which the executive will provide quarterly reports. This is a list of 17 large, discrete, complex projects that will be subject to in-depth quarterly reporting this year. This watchlist was established, as you all know, I think, in by ordinance in 2018 after several projects had significant overruns and delays. Without the council or the public's knowledge involvement, including the $70 million overrun at the Seattle seawall and streetcar. So this watch list is a result of the hard work of my colleagues, Councilmember Herbold and former colleague Councilmember Johnson. Thank you for all of your work on this. And I'm excited that we were able to have an in-depth conversation in our committee. Add to the watch list. This watch list now contains projects that would like that. We would like to have additional oversight and transparency on making sure that there's clear scope and that we watch for shifting estimates in cost or uncertain capital funding plans. If there's ill defined operation costs, plans or other funding plans, we will be able to have clear, I think, heads up on that and be able to have the legislative branch weigh in on our perceived priorities, identify significant, significant questions and ask questions about scope, schedule and budget so that we can ensure that the public's dollars is being well accounted for and that we are on track to fulfilling the Council's desired outcomes for these projects. Happy to bring forward this resolution today and thank our colleagues from the Finance and Housing Committee for their work to make this resolution even better. Thank you. Any more comments? Casper Hubbell. I just want to flag that. One of the things that we talked about in committee was a recognition that the intent of the resolution was for the Finance Committee to be the designated committee to hear the reports overall. But there is a hope that individual committees that have responsibility for capital improvement projects that are on the watch list, that those individual committee communities do a deeper dove on monitoring projects that are in the watch list and consider spending limitations where appropriate, as yet another way to enhance oversight, perhaps by using stage gating or budget provisos to have additional oversight on some of those projects. And thanks to Chair Mascara, I appreciate that. She has indicated that she also has interest in figuring out a way whether or not we can, as a council, identify some ways, some checks and balances on ourselves to make sure that that enhanced oversight is happening. We can't we can't rely totally on the Budget Office and we can't totally rely on our central staff. I think we have to also think creatively about ways that we can do our part in monitoring. Some of these projects. Thank you for your comments, Councilor Muscat, you want to make a motion? Thank you, Madam Chair. I move that the full council approve resolution 31931 as amended in the Finance and Housing Committee. Second motion and a second. With that, let's go to a vote. All those in favor say I. I don't suppose they know the ayes have it. Thank you. The resolution passes. Thank you. Let's go to item number two on the report of the Transportation Utilities Committee. Please read the short title agenda item to Council Bill 119744 an ordinance relating to the Department of Transportation's Hazard Mitigation Program. The committee recommends the bill pass.