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Record No: CB 119345    Version: 1 Council Bill No: CB 119345
Type: Green Sheet (GS) Status: Passed
Current Controlling Legislative Body City Clerk
On agenda: 9/24/2018
Ordinance No: Ord 125669
Title: AN ORDINANCE related to KeyArena; authorizing the renovation of KeyArena into a world-class, multi-purpose sports and entertainment arena at Seattle Center, including its design, construction, lease, financing, and future operation; authorizing the Mayor to execute agreements with Seattle Arena Company, LLC, for the renovation and lease of the Arena, including a lease agreement, a development agreement, an integration agreement, and other related agreements; exempting the renovation and future operation of the Arena from the requirements of Chapter 20.47 of the Seattle Municipal Code; authorizing the Seattle Center Director to execute future joint purchasing agreements with Seattle Arena Company, LLC, notwithstanding Seattle Municipal Code Chapter 20.60; and ratifying and confirming certain prior acts.
Sponsors: Debora Juarez
Attachments: 1. Att 1 - Lease Agreement (Arena at Seattle Center) v2a, 2. Att 2 - Development Agreement (Arena at Seattle Center) v2a, 3. Att 3 - Seattle Center Integration Agreement (Arena at Seattle Center) v2a, 4. Att 1 - Lease Agreement (Arena at Seattle Center) v1b, 5. Att 2 - Development Agreement (Arena at Seattle Center) v1a, 6. Att 3 - Seattle Center Integration Agreement (Arena at Seattle Center) v1
Supporting documents: 1. Summary and Fiscal Note, 2. Summary Att A - Summary and Key Terms, 3. Matrix of Proposed Amendments 1 - 7 (updated; added 9/14/18), 4. Amendment 1: Handouts 1a - 1c, 5. Amendment 2: Handouts 2a - 2c, 6. Revised Amendment 6 (added 9/14/18), 7. Matrix of Proposed Amendments 1 - 7, 8. Signed Ordinance 125669, 9. Affidavit of Publication
Related files: CB 119344
CITY OF SEATTLE
ORDINANCE __________________
COUNCIL BILL __________________
title
AN ORDINANCE related to KeyArena; authorizing the renovation of KeyArena into a world-class, multi-purpose sports and entertainment arena at Seattle Center, including its design, construction, lease, financing, and future operation; authorizing the Mayor to execute agreements with Seattle Arena Company, LLC, for the renovation and lease of the Arena, including a lease agreement, a development agreement, an integration agreement, and other related agreements; exempting the renovation and future operation of the Arena from the requirements of Chapter 20.47 of the Seattle Municipal Code; authorizing the Seattle Center Director to execute future joint purchasing agreements with Seattle Arena Company, LLC, notwithstanding Seattle Municipal Code Chapter 20.60; and ratifying and confirming certain prior acts.
body
WHEREAS, on January 11, 2017, the City's Office of Economic Development released a Request for Proposals ("RFP") for the renovation of KeyArena at Seattle Center; and
WHEREAS, the City's RFP included seven objectives related to the project, summarized as follows: (1) renovate Key Arena into a world-class sports and entertainment facility, (2) integrate with Uptown's Urban Design Framework, (3) include minimal City financial participation in capital development, (4) include minimal City financial participation in ongoing operations, (5) address transportation impacts, (6) treat neighbors and impacted workers equitably, and (7) contribute to Seattle Center's vibrancy; and
WHEREAS, on February 23, 2017, the City formed an advisory body known as the Arena Community Advisory Panel ("Advisory Panel") to provide counsel to the City to consider proposals responding to the RFP, comprised of ten members chosen based on their various areas of expertise, including, but not limited to, music, sports, transportation, neighborhood interests, and design; and
WHEREAS, on April 12, 2017, O...

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