AN ORDINANCE relating to the Seattle Center Department; authorizing the Seattle Center Director to execute a facility use agreement with Force 10 Hoops, LLC, for use and occupancy of KeyArena and adjacent areas at the Seattle Center; making findings of fact about the value provided by professional women’s basketball in Seattle; exempting the agreement from the requirements of Chapter 20.47 of the Seattle Municipal Code; and superseding an earlier agreement authorized by Ordinance 122907.
The Report of the Park Seattle Center Libraries and Waterfront Committee. Agenda Item 14 Council Bill 118976. An ordinance relating to the Seattle Center Department authorizing the Seattle Center director to execute a facility use agreement with Force Ten Hoops LLC for use and occupancy of key arena and adjacent areas at the Seattle Center. The committee recommends a council bill pass. Thank you. Councilmember Bagshaw, please talk about the red hot storm. Really? And congratulations to the storm. And as we pointed out at our meeting in the Parks Department, they really are the basketball team in our city who have two world championships. So with that, we have a new lease agreement renewing an expiring lease between the city and the Seattle Storm Force Hoops LLC for use of the key arena at Seattle Center. The current lease agreement expires at the end of 2018. The new agreement would be effective as soon as it is ratified, superseding the last year of the current agreement and will be in effect through 2028. The new agreement tracks with the previous agreement, while also adjusting payments for inflation. The new agreement also provides clear guidelines on the relocation processes and commitments in the event the key arena is not available for the storm to play their games. This relocation will be necessary every fourth year when the Women's World Championship Games overlap with bumper shoot. It may also be necessary for the storm to relocate for the last two seasons if there is a redevelopment effort on the key arena site. The committee voted to recommend the full council approved the lease agreement at the May 19th committee meeting. I'm sorry that Councilmember Suarez isn't here. She's a huge Storm fan. And also I want to express my thanks to Mercedes from her office for assisting us. And I want to say thank you to our storm supporters and owners here that are in the audience today. Thank you for filling in counts for our backs. Are there any further questions on this bill? If not, please call the rule on the passage of the bill. Herbold i Johnson. O'BRIEN So aren't I? BURGESS Hi. President. Herrell All right. Seven in favor and unopposed. Bill passed and Cheryl signed it. That concludes our agenda. Is there any further business coming for the council? If not, we stand adjourned and everyone have a great rest of the day. Thank you for listening. Including.