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>>> GOOD MORNING, EVERYONE. THE 

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APRIL 26, 2023 MEETING OF THE  

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ECONOMIC DEVELOPMENT, 

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TECHNOLOGY, AND CITY LIGHT WILL 

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COME TO  ORDER. I'M SARA NELSON 

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HERBOLD HAS ASKED TO BE EXCUSED 

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PLEASE CALL OWL. 

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>> SAWANT? 

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>> PRESENT. 

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>> JUAREZ? 

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>> PRESENT. 

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>> STRAUSS? 

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>> PRESENT. 

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>>  

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>> NELSON. 

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>> PRESENT. 

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>> FOUR PRESENT, ONE EXCUSED. 

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APPOINTMENTED, AND A BRIEFING 

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AND DISCUSSION A COUNCIL BILL  

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AUTHORIZING THE FUNDS, AND THEN 

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A BRIEFING DISCUSSION AND 

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POSSIBLE VOTE ON 120537, 

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ESTABLISHING A NEW TEN-YEAR 

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BUSINESS IMPROVEMENT AREA TO BE 

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KNOWN AS THE METROPOLITAN 

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IMPROVEMENT DISTRICT, M.I.D. WE 

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DID HAVE TWO PRESENTATIONS LAST 

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MEETING, AND WE HAD EXTENSIVE  

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PUBLIC COMMENT, AND TODAY WILL  

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BE A FINISHING TOUCH AND A  

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POSSIBLE VOTE ON THAT, BUT THER 

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WILL BE OPPORTUNITY FOR MY 

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COLLEAGUES TO ASK QUESTIONS. 

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OKAY, ARE THERE ANY OBJECTIONS 

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TO THE AGENDA? SEEING NONE, THE 

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AGENDA IS NOW ADOPTED. WITH  

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THAT. WE WILL MOVING INTO PUBLI 

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COMMENT ON THE ITEMS LISTED ON 

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THE AGENDA. GOOD MORNING. WHEN  

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YOU HEAR THE CHIME, YOU WILL  

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HAVE TEN SECONDS TO -- YOU WILL 

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HAVE TEN SECONDS LEFT, PER 

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USUAL. IF YOU EXCEED THE TIME,  

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YOUR MICROPHONE MAY BE CUT OFF, 

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AND WE WILL MOVE ON TO THE NEXT 

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SPEAKER. WE NORMALLY START WITH 

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IN-PERSON SPEAKERS, BUT I'M  

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GOING TO MAKE AN EXEMPTION FOR  

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ONE REMOTE SPEAKER TODAY BECAUS 

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THAT PERSON'S NAME IS STEVE  

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HORVACK. HE CHOSE NOT TO COMMEN 

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ON MID-REAUTHORIZATION OUT OF 

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RERESPECT FOR MY REQUEST FOR TH 

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OFFICIAL PUBLIC HEARING, AND 

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SUPPORTERS WHO DID SPEAK DURING 

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THE PUBLIC COMMENT PERIOD GOT 

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TWO MINUTES. I HAD NO IDEA HOW  

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MANY PEOPLE WOULD SHOW UP TO  

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PROVIDE TESTIMONY, AND THE  

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MEETING WAS RUNNING LATE. I CUT 

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THE AMOUNT OF TIME FROM TWO  

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MINUTES TO ONE MINUTE, LEAVING  

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HIM WITH ONE MINUTE, AND THAT  

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WAS THE UNFORTUNATE RESULT OF  

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HIM FOLLOWING MY REQUEST, AND 

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TODAY WE ARE GOING TO BEGIN WIT 

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HIM AND PROVIDE THREE MINUTES. 

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SO I WILL -- WHICH IS AN 

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ADDITIONAL MINUTE FROM LAST TIM 

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AND TWO MINUTES THIS TIME. WITH 

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THAT, I WILL MOVE INTO THAT 

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PORTION OF OUR PUBLIC COMMENT, 

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AND WE WILL PROCEED WITH 

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IN-PERSON. OKAY. SO WE DO HAVE  

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MR. HORBATH PRESENT. GO AHEAD.  

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YOU HAVE TO PRESS STAR SIX.    

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>> GOOD MORNING. THANK YOU,  

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CHAIR NELSON AND COMMITTEE. I  

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WANT TO CONFIRM YOU CAN HEAR ME 

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BEFORE I WILL PROCEED. 

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>> YES, I CAN. 

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>> THANK YOU, VERY MUCH. MY NAM 

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IS STEVE HORBATH, A RESIDENT OF 

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BELLTOWN IN DOWNTOWN SEATTLE. 

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ONE OF THE THOUSANDS OF FOLKS 

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WHO OWN A CONDOMINIUM IN THE 

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DOWNTOWN AREA AND PAY INTO OUR 

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RATE PAYER ASSESSMENTS, AND EAC 

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OF US HAS BEEN ASSESS THE OVER 

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THE LAST TEN YEARS, ROUGHLY 

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$1,000 OR SO PER UNIT 

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COLLECTIVELY, PER THAT TEN 

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YEARS, AND THE REASON I FEEL 

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THIS COMMENT IS SO IMPORTANT, 

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OVERWHELMINGLY, WE HAVE ALL SEE 

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THE POSITIVE EFFECTS OF HAVING 

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THE M.I.D. AND SPENDING THE 

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EXTRA MONEY, BUT THE DRAFT 

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ORDINANCE PRESENTED FOR THE NEX 

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TEN YEARS THAT YOU'RE POSSIBLY 

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VOTING ON TODAY WAS PREPARED BY 

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THE PROGRAM MANAGER THROUGH  

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BRIAN SCOTT DURING THE LAST 

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MEETING, THE SAME CONSULTANT WH 

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DRAFTED THE 2013 ORDINANCE, AND 

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PER HIS OWN TESTIMONY TO YOU, 

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DURING THE LAST MEETING, BRIAN 

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SCOTT APPARENLY DRAFTS NEARLY 

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ALL OF THE D.I.A. ORDINANCES FO 

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THE CITY, WHICH IS VERY 

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INTERESTING. THIS DRAFT THAT YO 

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HAVE BEFORE YOU BORROWING  

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EXTENSIVELY FROM THE 2013  

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ORDINANCE TO THE EXTENT THAT TH 

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WAY APARTMENTS AND HOTELS ARE  

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PARCELED AS RATE PAYERS WILL  

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CONTINUE TO EXCLUDE THEM FOR  

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BEING ASSESSED FOR THE SAME  

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COMMERCIAL AND RETAIL USES 

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CLEARLY IDENTIFIED BY KING 

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COUNTY THAT CONDOMINIUMS HAVE 

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PAID FOR THE LAST DECADE AND 

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MORE. EXCLUDING THOSE PARCELS  

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AND RATE-PAYER USES FROM THE 

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ASSESSMENT POOL WILL CREATE AN 

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ESTIMATED LOSS OF REVENUE 

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EXCEEDING $5.5 MILLION OVER THE 

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NEXT DECADE. THAT'S ALL RIGHT 

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COST RATE PAYERS A LOSS OF $2  

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MILLION OVER THE LAST DECADE. 

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THERE ARE WELL OVER 185 UNIQUE 

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CONDOMINIUM OFFICE USES AIMED 

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UNIQUE RATE PAYERS THAT WERE 

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ASSESSED OVER $160,000, EACH OF 

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THE LAST TWO ASSESSMENT YEARS, 

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AND THE RATE PAYERS CURRENTLY 

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EXCLUDED WOULD HAVE BEEN 

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ASSESSED $300,000 EACH OF THE 

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LAST TWO YEARS. THE TOTAL IS  

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$5.5 MILLION OVER THE NEXT  

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DECADE. I HAVE NOT SEEN ANY  

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AMENDMENTS ON THE PROPOSED  

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AGENDA HERE, AND I DON'T KNOW  

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WHAT WILL HAPPEN BEFORE THE FUL 

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COUNSEL. THIS IS ONE OF A NUMBE 

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OF EQUITY CONCERNS, BUT IT SEEM 

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TO BE THE MOST PRESSING. I'M  

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EXTRAORDINARILY CONCERNED IF 

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IT'S NOT CORRECTED, YOU ARE 

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CONDONING THE STATUS QUO, A 

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CONDOMINIUM ON ONE SIDE OF THE 

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STREET WITH AN APARTMENT NEXT T 

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IT ON THE SAME PIECE OF PARCEL, 

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ESSENTIALLY, OR BLOCK, AND YOU 

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ARE SAYING THAT ONE RATE PAYER 

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IS BENEFITED DIFFERENTLY THAN 

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THE RATE PAYER NEXT TO THEM WIT 

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EXACTLY THE SAME USES. THANK YO 

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SO MUCH FOR CONSIDERING MY 

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TESTIMONY.  

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>> THANK YOU VERY MUCH. 

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APPRECIATE IT. OKAY, THERE ARE  

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NO MORE PEOPLE SIGNED UP TO GIV 

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COMMENT REMOTELY. WE WILL MOVE  

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INTO THE IN-PERSON PUBLIC  

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COMMENT, AND WE HAVE TEN 

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SPEAKERS SIGNED UP RIGHT NOW. I 

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WILL START WITH THE FIRST TWO 

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WHO ARE LLOYD GREGORY AND TAMMY 

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CARAVAN.  

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>> GOOD  MORNING. 

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COUNCILMEMBERS, THANK YOU FOR 

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HAVING THIS HEARING. I WANTED T 

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SPEAK ON BEHALF OR IN FAVOR OF  

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RENEWING THE M.I.D. I HAVE  

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WORKED DOWNTOWN FOR BASICALLY M 

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WHOLE TIME IN SEATTLE, BETWEEN  

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PYKE PLACE MARKET, WEST LAKE,  

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AND NOW PIONEER SQUARE. I HAVE  

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FOUND A CONSISTENCY IN SPIRIT. 

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THERE'S LIKE AN ENERGY IN THOSE 

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NEIGHBORHOODS, AND ONE THING, 

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EVEN WITH THE PANDEMIC, THAT WA 

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CONSISTENT THROUGHOUT ALL OF 

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THAT, WHEN SO MANY PEOPLE STAYE 

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HOME, SO MANY OF US CAME DOWN 

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EVERY DAY TO LOVE ON OUR CITY 

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AND MAKE SURE IT WAS CARED FOR, 

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AND THE CONSTANT THROUGHOUT THE 

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WHOLE TIME WAS M.I.D., THE 

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DOWNTOWN AMBASSADORS. I HAVE  

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BEEN BLESSED TO WORK WITH THEM, 

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TO WALK WITH THEM, AS A PIONEER 

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SQUARE COMMUNITY MEMBER. I RENT 

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OFFICE SPACE DOWN THERE, AND  

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IT'S FOR ME AND MY COWORKERS TO 

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STILL MEET, AND IT'S THIS 

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SPIRIT, THE SPIRIT THAT KEEPS M 

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COMING BACK, AND I WANT YOU TO 

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CONTINUE TO HELP THEM CARE FOR 

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THE CITY BECAUSE PEOPLE WILL 

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COME BACK, BUT WE ARE GOING TO 

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STILL NEED THEM TO SMILE AT THE 

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VISITORS, AND I JUST HOPE YOU 

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ALLOW THEM TO CONTINUE TO DO 

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THEIR WORK ANOTHER TEN YEARS AN 

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MAYBE EVEN GROW THE PROGRAM.  

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THAT'S IT. THANKS.   

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>> THANK YOU.  

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>> GOOD MORNING. MY NAME IS  

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TAMMY CARAVAN, THE PRESIDENT AN 

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CEO OF VISIT SEATTLE. TOURISM 

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BRINGS 35 MILLION ANNUAL 

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VISITORS TO SEATTLE, AND THEY 

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SPEND NEARLY $8 BILLION IN OUR 

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ECONOMY. THEY GENERATE $700  

218
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MILLION IN STATE AND LOCAL  

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TAXES. THESE VISITORS COME  

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EXPECTING THE EMERALD CITY, A  

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BEAUTIFUL WATER FRONT LOCATION  

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WITH VISITS LIKE THE SPACE  

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NEEDLE AND CULTURE AND SPORTING 

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EVENTS, WATER CRUISES,  

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RESTAURANTS, ALL OF THE THINGS  

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WE APPRECIATE AS RESIDENTS. 

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WITHOUT THE M.I.D., THIS BENEFI 

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TO OUR COMMUNITY WOULD BE 

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ABSOLUTELY IMPOSSIBLE. WE WOULD 

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NOT BE ABLE TO REACH THE  

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POTENTIAL. WE RELY ON THE WORK  

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OF THE M.I.D. TO MAKE SURE  

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DOWNTOWN FEELS SAFE AND VIBRANT 

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THEIR WORK IS NECESSARY, AND WE 

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ARE GRATEFUL TO THE DSA AND THE 

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M.I.D. FOR THEIR PARTNERSHIP AN 

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LEADERSHIP. PLEASE REAUTHORIZE  

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THE M.I.D. THEY ARE A CRITICAL  

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PART OF THE VIABILITY. 

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>> NEXT UP DAWN BLANKEY AND 

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ELIZABETH. PLEASE MAKE SURE THE 

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MICROPHONE IS CLOSE TO YOU. 

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>> EXCELLENT. GOOD MORNING,  

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COUNCILMEMBERS, THANK YOU FOR  

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HAVING ME. I'M THE EXECUTIVE  

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DIRECTOR OF THE U-DISTRICT  

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PARTNERSHIP. I'M HERE TO ASK YO 

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RENEW THE METROPOLITAN  

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IMPROVEMENT DISTRICT FOR ANOTHE 

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TEN YEARS. I WORKED THE LION  

251
00:10:03,736 --> 00:10:08,507
SHARE OF MY CAREER WORKING FOR  

252
00:10:08,507 --> 00:10:10,343
THE AREA. THE M.I.D. PROVIDES  

253
00:10:10,343 --> 00:10:11,944
ESSENTIAL INVESTMENTS AND  

254
00:10:11,944 --> 00:10:14,880
MAINTENANCE AND ACTIVATION OVER 

255
00:10:14,880 --> 00:10:15,948
AN IMPRESSIVE 285 SQUARE BLOCKS 

256
00:10:15,948 --> 00:10:19,352
AND 6 DOWNTOWN NEIGHBORHOODS. I 

257
00:10:19,352 --> 00:10:21,387
HAVE SPENT TEN YEARS WORKING OF 

258
00:10:21,387 --> 00:10:22,555
MY CAREER WORKING IN DOWNTOWN 

259
00:10:22,555 --> 00:10:25,725
WITH AND FOR THE M.I.D. I HAVE  

260
00:10:25,725 --> 00:10:29,228
SEEN FIRSTHAND THE IMPACT OF TH 

261
00:10:29,228 --> 00:10:30,529
BIAs ON HOMELESSNESS, PUBLIC  

262
00:10:30,529 --> 00:10:31,630
SPACES, TRANSPORTATION, AND THE 

263
00:10:31,630 --> 00:10:33,065
LOCAL ECONOMY. THE FUNDS AND  

264
00:10:33,065 --> 00:10:34,567
LEADERSHIP THE ORGANIZATION  

265
00:10:34,567 --> 00:10:36,535
BRINGS TO OUR CITY ARE IMPORTAN 

266
00:10:36,535 --> 00:10:37,503
IN NORMAL TIMES AND MORE  

267
00:10:37,503 --> 00:10:39,705
CRITICAL AS OUR CITY WORKS TO  

268
00:10:39,705 --> 00:10:41,374
CLIMB OUT OF THE PANDEMIC AND  

269
00:10:41,374 --> 00:10:44,510
ADDRESS THE DEEP IMPACTS ON  

270
00:10:44,510 --> 00:10:45,978
DOWNTOWN. THE M.I.D. WAS RENEWE 

271
00:10:45,978 --> 00:10:48,247
IN 2013 AND MUST BE RENEWED THI 

272
00:10:48,247 --> 00:10:50,216
YEAR TO MAIN IN EFFECT. I URGE  

273
00:10:50,216 --> 00:10:52,952
THE COUNCIL TO MOVE FORWARD SO  

274
00:10:52,952 --> 00:10:54,220
WE CAN HAVE A HEALTHY AND  

275
00:10:54,220 --> 00:10:55,187
VIBRANT DOWNTOWN FOR ALL. THANK 

276
00:10:55,187 --> 00:10:56,722
YOU.   

277
00:10:56,722 --> 00:11:07,166
>> IS LIZ HERE? LIZ BETH  

278
00:11:07,833 --> 00:11:08,934
FOLLOWED BY RAYZA. THEY MIGHT B 

279
00:11:08,934 --> 00:11:12,905
REGROUPING. GO AHEAD, LIZ IS NO 

280
00:11:12,905 --> 00:11:14,840
HERE RIGHT NOW, SO GO AHEAD  

281
00:11:14,840 --> 00:11:15,074
PLEASE. 

282
00:11:15,074 --> 00:11:19,812
>> SURE, THANK YOU. I'M THE  

283
00:11:19,812 --> 00:11:20,746
DIRECTOR OF GOVERNMENT AFFAIRS  

284
00:11:20,746 --> 00:11:22,548
FOR KILROY REALTY CORPORATE. I  

285
00:11:22,548 --> 00:11:24,150
APPRECIATE THE OPPORTUNITY TO 

286
00:11:24,150 --> 00:11:25,584
CHAT WITH YOU COUNCILMEMBER. I  

287
00:11:25,584 --> 00:11:26,519
SEE YOU COUNCILMEMBER STRAUSS. 

288
00:11:26,519 --> 00:11:29,488
THANK YOU FOR BOTH BEING HERE I 

289
00:11:29,488 --> 00:11:30,890
PERSON. GOVERNMENT CANNOT  

290
00:11:30,890 --> 00:11:32,224
MAXIMIZE THE EFFICIENCY OF ITS  

291
00:11:32,224 --> 00:11:33,692
EFFORTS BY DOING IT REMOTELY,  

292
00:11:33,692 --> 00:11:35,761
AND IT'S GREAT TO SEE YOU HERE  

293
00:11:35,761 --> 00:11:37,963
IN PERSON. I AM HERE TO ASK YOU 

294
00:11:37,963 --> 00:11:39,532
TO PLEASE REAUTHORIZE THE M.I.D 

295
00:11:39,532 --> 00:11:41,534
THE LAST TIME I HAD THE 

296
00:11:41,534 --> 00:11:44,070
OPPORTUNITY TO CHAT WITH YOU 

297
00:11:44,070 --> 00:11:45,938
GUYS, I EMPHASIZED THIS MENTAL 

298
00:11:45,938 --> 00:11:46,939
EXERCISE, THIS VISION OF WHAT 

299
00:11:46,939 --> 00:11:48,841
WOULD DOWNTOWN LOOK LIKE WITHOU 

300
00:11:48,841 --> 00:11:51,544
THE M.I.D., AND IT'S NOT A VERY 

301
00:11:51,544 --> 00:11:54,880
HARD THING TO IMAGINE. SO RATHE 

302
00:11:54,880 --> 00:11:56,849
THAT GO OVER WHAT I SAID LAST  

303
00:11:56,849 --> 00:11:58,184
TIME, I WANT TO EMPHASIZE, OFTE 

304
00:11:58,184 --> 00:12:00,519
TIMES IN YOUR LINE OF WORK,  

305
00:12:00,519 --> 00:12:01,654
YOU'RE NOT PRESENTED WITH  

306
00:12:01,654 --> 00:12:03,923
NO-BRAINERS, AND HERE ONE HAS  

307
00:12:03,923 --> 00:12:05,958
FALLEN IN YOUR LAP. PLEASE  

308
00:12:05,958 --> 00:12:07,226
REAUTHORIZE THE M.I.D. AND LET  

309
00:12:07,226 --> 00:12:09,495
THE GOOD PEOPLE CONTINUE TO DO  

310
00:12:09,495 --> 00:12:11,530
THEIR WORK. THANK YOU FOR YOUR  

311
00:12:11,530 --> 00:12:11,730
TIME. 

312
00:12:11,730 --> 00:12:22,208
>> I LOVE NO-BRAINERS. LIZ. 

313
00:12:22,508 --> 00:12:22,708
>> OKAY. 

314
00:12:22,708 --> 00:12:24,543
>> GO AHEAD, PLEASE. YES. 

315
00:12:24,543 --> 00:12:25,845
>> MORNING, COUNCIL, THANK YOU 

316
00:12:25,845 --> 00:12:28,214
FOR YOUR WORK. SEATTLE IS SUCH  

317
00:12:28,214 --> 00:12:30,916
BEAUTIFUL TOWN. I AM HERE THIS  

318
00:12:30,916 --> 00:12:33,753
MORNING IN SUPPORT OF THE M.I.D 

319
00:12:33,753 --> 00:12:36,722
I'M HERE FOR PERSONAL REASONS, 

320
00:12:36,722 --> 00:12:38,157
TOO. I'M A MEMBER AND LIVE IN 

321
00:12:38,157 --> 00:12:40,292
BELLTOWN, HAVE FOR FIVE YEARS. 

322
00:12:40,292 --> 00:12:41,227
COMING BACK TO THE CITY 

323
00:12:41,227 --> 00:12:43,395
VOLUNTARILY TO RETIRE BECAUSE I 

324
00:12:43,395 --> 00:12:46,132
LOVE IT. ONE OF THE THINGS THAT 

325
00:12:46,132 --> 00:12:49,001
YOU CAN TELL EVERY DAY IS THAT  

326
00:12:49,001 --> 00:12:50,269
THE DOWNTOWN AMBASSADORS ARE OU 

327
00:12:50,269 --> 00:12:52,404
THERE CLEANING IT UP AND MAKING 

328
00:12:52,404 --> 00:12:55,241
US LOOK GOOD, BUT IN JANUARY OF 

329
00:12:55,241 --> 00:12:58,844
THIS YEAR, WE HAD A LARGE WIND 

330
00:12:58,844 --> 00:13:01,547
STORM THAT GOT ME TRAPPED UP ON 

331
00:13:01,547 --> 00:13:03,516
FIRST HILL, LOOKING FOR SOME WA 

332
00:13:03,516 --> 00:13:06,919
TO GET TO MY NEXT APPOINTMENT, 

333
00:13:06,919 --> 00:13:08,554
AND IT HAPPENED THAT THE 

334
00:13:08,554 --> 00:13:10,523
DOWNTOWN AMBASSADOR, AUBREY 

335
00:13:10,523 --> 00:13:12,658
BREWER, WAS IN THE AREA, WORKIN 

336
00:13:12,658 --> 00:13:14,827
ON HIS -- OR WITH HIS BIKE. HE  

337
00:13:14,827 --> 00:13:16,829
GOT OFF HIS BIKE, WALKED ME 

338
00:13:16,829 --> 00:13:18,764
ACROSS THE STREET, WALKED ME TO 

339
00:13:18,764 --> 00:13:20,699
THE BUS STOP, AND GOT ME ON 

340
00:13:20,699 --> 00:13:23,402
SAFELY. I'M HERE TO TALK TO YOU 

341
00:13:23,402 --> 00:13:24,436
TODAY BECAUSE OF THAT. THE  

342
00:13:24,436 --> 00:13:25,337
DOWNTOWN AMBASSADORS KEEP US 

343
00:13:25,337 --> 00:13:28,407
CLEAN AND GREEN, AND THEY HELP 

344
00:13:28,407 --> 00:13:30,943
OUR VISITORS WHO WE WANT A LOT 

345
00:13:30,943 --> 00:13:33,412
OF FEEL LIKE THIS IS A 

346
00:13:33,412 --> 00:13:34,213
COMFORTABLE, SAFE, CLEAN CITY, 

347
00:13:34,213 --> 00:13:36,081
WHERE THEY ARE GOING TO HAVE A 

348
00:13:36,081 --> 00:13:38,751
GOOD TIME, AND THEY ENCOURAGE 

349
00:13:38,751 --> 00:13:40,853
PEOPLE TO COME BACK HERE. SO  

350
00:13:40,853 --> 00:13:42,721
LET'S BE INTERNATIONAL. LET'S G 

351
00:13:42,721 --> 00:13:45,324
FOR TEN YEARS, AND LET'S GET  

352
00:13:45,324 --> 00:13:46,325
THESE GUYS FUNDED WITH THEIR  

353
00:13:46,325 --> 00:13:47,359
FULL BUDGET. THANK YOU SO MUCH  

354
00:13:47,359 --> 00:13:50,229
FOR YOUR WORK AND TIME. 

355
00:13:50,229 --> 00:13:50,629
APPRECIATE YOU. 

356
00:13:50,629 --> 00:13:55,601
>> PLEASE STATE YOUR NAME. THE  

357
00:13:55,601 --> 00:13:57,369
MIC. EXCUSE ME. THAT WAS LIZ  

358
00:13:57,369 --> 00:14:01,106
BETH. ALL RIGHT, NEXT ON THE  

359
00:14:01,106 --> 00:14:03,008
LIST, WE HAVE GOT JULIA FOLLOWE 

360
00:14:03,008 --> 00:14:04,577
BY PAUL AND THEN JANE AND THEN  

361
00:14:04,577 --> 00:14:10,382
TONY AND THEN GABRIEL.  I WILL  

362
00:14:10,382 --> 00:14:12,084
REPEAT IT LATER, TOO. 

363
00:14:12,084 --> 00:14:13,919
>> HI, I'M JULIA. I'M A  

364
00:14:13,919 --> 00:14:16,288
RESIDENT, AND I BELIEVE I'M A  

365
00:14:16,288 --> 00:14:20,559
BOUNDARY RESIDENT OF THE M.I.D. 

366
00:14:20,559 --> 00:14:23,829
DOWNTOWN NEXT TO THE CONVENTION 

367
00:14:23,829 --> 00:14:26,565
CENTER. I'M ALSO SOMEONE WHO HA 

368
00:14:26,565 --> 00:14:28,500
WORKED MY ENTIRE CAREER FOR  

369
00:14:28,500 --> 00:14:29,201
ELECTEDS AND GOVERNMENT. I CAN' 

370
00:14:29,201 --> 00:14:31,503
TELL YOU HOW NERVOUS IT IS TO B 

371
00:14:31,503 --> 00:14:33,839
ON PUBLIC RECORD RIGHT NOW. IT  

372
00:14:33,839 --> 00:14:35,207
ALSO SHOWS HOW IMPORTANT IT IS  

373
00:14:35,207 --> 00:14:37,076
HERE TO SUPPORT THE M.I.D. I  

374
00:14:37,076 --> 00:14:38,410
SPEND EVERY DAY WALKING THROUGH 

375
00:14:38,410 --> 00:14:40,980
THE AREA, AND I CAN'T TELL YOU  

376
00:14:40,980 --> 00:14:41,747
HOW INCREDIBLY SUPPORTED AND  

377
00:14:41,747 --> 00:14:45,584
SAFE I FEEL WHEN I SEE THE FOLK 

378
00:14:45,584 --> 00:14:48,587
LIKE THIS WHO WALK BY ME AND MY 

379
00:14:48,587 --> 00:14:50,289
RETRIEVER. IF YOU EVER SEE  

380
00:14:50,289 --> 00:14:51,890
SOMEONE WITH A BLACK, VERY  

381
00:14:51,890 --> 00:14:53,025
FRIENDLY RETRIEVER, IT MAKES ME 

382
00:14:53,025 --> 00:14:54,126
APPRECIATE HOW MUCH THE CITY  

383
00:14:54,126 --> 00:14:55,995
VALUES THIS TIME OF 

384
00:14:55,995 --> 00:14:56,895
ORGANIZATION. I AM HERE, JUST  

385
00:14:56,895 --> 00:14:59,598
SIMPLY TO SAY I VALUE THE M.I.D 

386
00:14:59,598 --> 00:15:02,034
AND WHAT IT DOES FOR THE 

387
00:15:02,034 --> 00:15:07,506
COMMUNITY. I HOPE YOU  

388
00:15:07,506 --> 00:15:15,781
REAUTHORIZE IT. THANK YOU.  

389
00:15:15,781 --> 00:15:16,382
>> THANK YOU.  

390
00:15:16,382 --> 00:15:20,753
>> PAUL, THEN JANE.  

391
00:15:20,753 --> 00:15:22,154
>> GOOD MORNING. 

392
00:15:22,154 --> 00:15:22,721
>> GOOD MORNING. 

393
00:15:22,721 --> 00:15:30,696
>> PLEASE MAKE SURE YOU TALK  

394
00:15:30,696 --> 00:15:32,531
INTO THE MIC. 

395
00:15:32,531 --> 00:15:35,434
>> MY NAME IS PAUL COSTELLO. I' 

396
00:15:35,434 --> 00:15:36,769
IN SUPPORT OF THE COUNCIL BILL  

397
00:15:36,769 --> 00:15:42,308
OF THE DISTRICT FOR THE M.I.D. 

398
00:15:42,308 --> 00:15:42,975
M.I.D. PROVIDES SERVICES 

399
00:15:42,975 --> 00:15:43,809
ESSENTIAL TO THE DAY-TO-DAY 

400
00:15:43,809 --> 00:15:44,710
LIVABILITIES AND HELD OF THE 

401
00:15:44,710 --> 00:15:46,578
CITY AND ARE CRITICAL TO THE 

402
00:15:46,578 --> 00:15:48,380
FUTURE OF DOWNTOWN'S RECOVERY. 

403
00:15:48,380 --> 00:15:52,484
THROUGH THE COURSE OF MY DAY, I 

404
00:15:52,484 --> 00:15:53,552
SEE TONS TRASH, NEEDLES, BIWAYS 

405
00:15:53,552 --> 00:15:56,121
AND TINFOIL FROM DRUG USE. 

406
00:15:56,121 --> 00:15:57,156
WITHOUT THE M.I.D., WHO WILL 

407
00:15:57,156 --> 00:15:59,224
CLEAN THE MESS AND PICK UP THE 

408
00:15:59,224 --> 00:16:03,796
TRASH AFTER A BASEBALL GAME OR  

409
00:16:03,796 --> 00:16:05,497
SPECIAL EVENT? WHO WILL CLEAN  

410
00:16:05,497 --> 00:16:07,199
THE DOORWAYS OF THE SMALL  

411
00:16:07,199 --> 00:16:08,734
BUSINESS WHO DOES NOT HAVE THE  

412
00:16:08,734 --> 00:16:11,270
RESOURCES TO CLEAN? IT IS THE  

413
00:16:11,270 --> 00:16:12,438
M.I.D. WHO WILL PROVIDE THE  

414
00:16:12,438 --> 00:16:15,841
SERVICES AND MUCH MORE. AS A  

415
00:16:15,841 --> 00:16:17,343
RESIDENT OF SEATTLE WHO WAS BOR 

416
00:16:17,343 --> 00:16:18,944
AND RAISED HERE, I WOULD HATE T 

417
00:16:18,944 --> 00:16:21,747
SEE WHAT WOULD BECOME OF SEATTL 

418
00:16:21,747 --> 00:16:23,615
IF THE M.I.D. WAS NOT RENEWED. 

419
00:16:23,615 --> 00:16:24,683
PLEASE RENEW THE M.I.D. THANK  

420
00:16:24,683 --> 00:16:24,883
YOU. 

421
00:16:24,883 --> 00:16:32,358
>> THANK YOU.  

422
00:16:32,358 --> 00:16:36,462
>> JANE, TONY, AND THEN GABRIEL 

423
00:16:36,462 --> 00:16:40,866
BE READY TO ASSUME THE MIC. 

424
00:16:40,866 --> 00:16:42,334
>> GOOD MORNING COUNCILMEMBERS. 

425
00:16:42,334 --> 00:16:44,203
I HAVE BEEN THE M.I.D. 

426
00:16:44,203 --> 00:16:45,437
AMBASSADOR FOR 20 YEARS. I LOVE 

427
00:16:45,437 --> 00:16:49,808
MY JOB VERY MUCH. I WANT TO SAY 

428
00:16:49,808 --> 00:16:52,811
DOWNTOWN WOULDN'T BE THE SAME  

429
00:16:52,811 --> 00:16:55,881
WITHOUT OUR AMBASSADORS. THANK  

430
00:16:55,881 --> 00:16:58,717
YOU VERY MUCH. 

431
00:16:58,717 --> 00:17:02,187
>> THANK YOU. THANK YOU FOR YOU 

432
00:17:02,187 --> 00:17:02,388
WORK. 

433
00:17:02,388 --> 00:17:03,489
>> HI THERE, COUNCILMEMBERS, I' 

434
00:17:03,489 --> 00:17:05,023
TONY PETERSON. I HAVE BEEN WITH 

435
00:17:05,023 --> 00:17:07,192
THE M.I.D. FOR TWO YEARS NOW. 

436
00:17:07,192 --> 00:17:10,729
NOT ONLY DOES THE M.I.D. HELP 

437
00:17:10,729 --> 00:17:15,434
THE CITY, THE M.I.D. ALSO GIVES 

438
00:17:15,434 --> 00:17:17,403
OPPORTUNITIES TO OTHER 

439
00:17:17,403 --> 00:17:19,071
INDIVIDUALS, LIKE MYSELF, AND I 

440
00:17:19,071 --> 00:17:21,373
WAS HOMELESS FOR OVER TEN YEARS 

441
00:17:21,373 --> 00:17:24,376
ON THESE STREETS. I HAVE SLEPT  

442
00:17:24,376 --> 00:17:25,544
IN MANY DOORWAYS. I HAVE  

443
00:17:25,544 --> 00:17:26,545
APPROACHED PEOPLE AND TALKED TO 

444
00:17:26,545 --> 00:17:28,447
THEM TO SEE IF THEY NEED HELP.  

445
00:17:28,447 --> 00:17:30,783
HAVE BEEN GIVEN THE SKILLS TO B 

446
00:17:30,783 --> 00:17:32,184
ABLE TO HELP PEOPLE OUT HERE, 

447
00:17:32,184 --> 00:17:33,519
AND I WOULD NOT HAVE BEEN GIVEN 

448
00:17:33,519 --> 00:17:35,187
THIS OPPORTUNITY IF IT WASN'T 

449
00:17:35,187 --> 00:17:37,056
FOR THE M.I.D. AND ALL OF THESE 

450
00:17:37,056 --> 00:17:38,323
GOOD PEOPLE HERE. THE WORK THAT 

451
00:17:38,323 --> 00:17:41,960
WE DO OUT THERE DAY IN AND DAY  

452
00:17:41,960 --> 00:17:44,630
OUT, IT IS INVALUABLE TO THE  

453
00:17:44,630 --> 00:17:47,900
CITY, WHETHER IT'S CLEANING  

454
00:17:47,900 --> 00:17:48,700
THINGS, WHETHER IT'S HELPING  

455
00:17:48,700 --> 00:17:50,736
PEOPLE, OR WHETHER IT'S OVER I  

456
00:17:50,736 --> 00:17:53,172
THINK WHERE WE ARE AT 60 PEOPLE 

457
00:17:53,172 --> 00:17:54,640
WE HAVE SAVED FROM OVERDOSES  

458
00:17:54,640 --> 00:17:57,009
THROUGH THE USE OF NARCAN WE DO 

459
00:17:57,009 --> 00:17:59,645
NOW. IT'S A LOT OF LIVES SAVED, 

460
00:17:59,645 --> 00:18:00,946
AND I JUST PLEASE ASK THAT YOU  

461
00:18:00,946 --> 00:18:02,414
GUYS CONTINUE TO HELP US AND  

462
00:18:02,414 --> 00:18:03,949
HELP THE CITY AND RENEW THE  

463
00:18:03,949 --> 00:18:04,383
M.I.D. THANK YOU. 

464
00:18:04,383 --> 00:18:09,488
>> THANK YOU.  

465
00:18:09,488 --> 00:18:14,059
>> GABRIEL  NEWMAN?  

466
00:18:14,059 --> 00:18:18,464
>> GOOD MORNING. I'M GABRIEL  

467
00:18:18,464 --> 00:18:19,097
NEWMAN, GOVERNMENT RELATIONS  

468
00:18:19,097 --> 00:18:20,632
MANAGER AT WAWA'S LBGTQ+ CHAMBE 

469
00:18:20,632 --> 00:18:22,968
OF COMMERCE. I'M HAPPY TO  

470
00:18:22,968 --> 00:18:25,971
TESTIFY IN SUPPORT OF DOWNTOWN  

471
00:18:25,971 --> 00:18:27,706
SEATTLE M.I.D. PROGRAM. WHEN I  

472
00:18:27,706 --> 00:18:29,942
ASKED VISIONS TO ENVISION THE  

473
00:18:29,942 --> 00:18:31,009
NEIGHBORHOOD THAT BEST MEETS 

474
00:18:31,009 --> 00:18:32,744
THEIR NEEDS, THEY CONSISTENTLY 

475
00:18:32,744 --> 00:18:37,649
PAINT THE PICTURE OF A SAFE 

476
00:18:37,649 --> 00:18:41,119
RETAIL CORE. M.I.D. IS ESSENTIA 

477
00:18:41,119 --> 00:18:44,389
TO THE VISION. THEY STRENGTHEN  

478
00:18:44,389 --> 00:18:46,658
SEATTLE'S REPUTATION AS A MAJOR 

479
00:18:46,658 --> 00:18:47,292
METROPOLITAN DESTINATION, 

480
00:18:47,292 --> 00:18:48,994
DRIVING CUSTOMERS TO GO FURTHER 

481
00:18:48,994 --> 00:18:52,097
INTO THE CITY. STREET CLEANING  

482
00:18:52,097 --> 00:18:53,799
AND PUBLIC SAFETY INITIATIVES  

483
00:18:53,799 --> 00:19:00,472
ARE ESSENTIAL TO THE SMALL  

484
00:19:00,472 --> 00:19:05,577
BUSINESS LANDSCAPE. M.I.D. PLAY 

485
00:19:05,577 --> 00:19:07,579
A KEY ROLE. THEY ENSURE THERE'S 

486
00:19:07,579 --> 00:19:08,680
ALWAYS SOMETHING TO DRAW PEOPLE 

487
00:19:08,680 --> 00:19:10,883
TO THE ECONOMIC CITY HOT SPOTS. 

488
00:19:10,883 --> 00:19:12,751
ATTENTION TO HOSTING EVENTS FOR 

489
00:19:12,751 --> 00:19:13,652
A MULTITUDE OF ORGANIZATIONS 

490
00:19:13,652 --> 00:19:15,954
HIGHLIGHTS THE DIVERSITY IN A 

491
00:19:15,954 --> 00:19:19,024
WAY THAT ALLOWS THE SEATTLE 

492
00:19:19,024 --> 00:19:19,791
PERSONALITY TO SHINE. THE  

493
00:19:19,791 --> 00:19:21,093
DIVERSE PROGRAMMING ENSURES THE 

494
00:19:21,093 --> 00:19:23,228
PEOPLE OF SEATTLE AND TOURISTS  

495
00:19:23,228 --> 00:19:24,663
HAVE A REASON TO VISIT DOWNTOWN 

496
00:19:24,663 --> 00:19:27,833
SEATTLE THROUGHOUT THE ENTIRE  

497
00:19:27,833 --> 00:19:29,401
YEAR. THE EFFORTS FEED ECONOMIC 

498
00:19:29,401 --> 00:19:31,370
ACTIVITY BACK INTO THE COMMUNIT 

499
00:19:31,370 --> 00:19:32,638
AND ALLOW THE UNIQUE PERSONALIT 

500
00:19:32,638 --> 00:19:33,138
TO SHINE. THANK YOU. 

501
00:19:33,138 --> 00:19:36,208
>> THANK YOU.  

502
00:19:36,208 --> 00:19:40,746
>> I BELIEVE ONE MR. SPEAKER WH 

503
00:19:40,746 --> 00:19:41,813
ADDED THEIR NAME. THIS IS JILL 

504
00:19:41,813 --> 00:19:46,051
BILEAGLE.  

505
00:19:46,051 --> 00:19:52,958
>> GOOD MORNING. AS YOU  

506
00:19:52,958 --> 00:19:54,426
MENTIONED I'M JILL BILEAGLE. I  

507
00:19:54,426 --> 00:19:55,627
REACHED OUT TO MY COLLEAGUES TO 

508
00:19:55,627 --> 00:19:57,629
SAY I'M GOING TO GO TALK AND 

509
00:19:57,629 --> 00:19:58,964
WHAT SHOULD I SAY? WHAT  

510
00:19:58,964 --> 00:20:01,600
INTERACTIONS HAVE YOU HAD WITH  

511
00:20:01,600 --> 00:20:05,304
THE M.I.D.? I GOT SO MANY  

512
00:20:05,304 --> 00:20:07,239
RESPONSES. THE FIFTH LOVES THE  

513
00:20:07,239 --> 00:20:09,575
M.I.D. I FOUND ONE THAT MAY BE 

514
00:20:09,575 --> 00:20:10,442
COMPELLING. A FUN FACT, THE  

515
00:20:10,442 --> 00:20:12,878
ENTRANCE TO THE FIFTH AVENUE  

516
00:20:12,878 --> 00:20:15,247
THEATER IS AN ALLEY BETWEEN  

517
00:20:15,247 --> 00:20:17,316
FIFTH AND SIXTH AVENUES. AN  

518
00:20:17,316 --> 00:20:18,350
ALLEY IN DOWNTOWN SEATTLE MAY 

519
00:20:18,350 --> 00:20:20,786
NOT BE THE CLEANEST PLACE IN TH 

520
00:20:20,786 --> 00:20:22,888
WORLD, BUT APPARENTLY WE HAVE A 

521
00:20:22,888 --> 00:20:24,323
VERY, VERY CLEAN ALLEY. I WOULD 

522
00:20:24,323 --> 00:20:26,158
LIKE TO SAY IT'S BECAUSE OF THE 

523
00:20:26,158 --> 00:20:28,026
FIFTH, BUT WE ARE BUSY INSIDE O 

524
00:20:28,026 --> 00:20:30,095
THE BUILDING, AND WE RELY ON TH 

525
00:20:30,095 --> 00:20:32,264
M.I.D. TO HELP KEEP IT CLEAN. 

526
00:20:32,264 --> 00:20:33,966
MOST IMPORTANTLY WE DO A PROGRA 

527
00:20:33,966 --> 00:20:36,401
EVERY YEAR, AND THIS YEAR IT WA 

528
00:20:36,401 --> 00:20:38,737
JANUARY TO MARCH, AND WE MENTOR 

529
00:20:38,737 --> 00:20:40,205
50 TO 100 HIGH SCHOOL STUDENTS 

530
00:20:40,205 --> 00:20:42,007
WHO COME INTO THE THEATER 

531
00:20:42,007 --> 00:20:44,042
THROUGH THE ALLEY EVERY SINGLE 

532
00:20:44,042 --> 00:20:45,310
DAY, AND I THINK IT'S A 

533
00:20:45,310 --> 00:20:46,745
TESTAMENT THAT IN THREE MONTHS 

534
00:20:46,745 --> 00:20:51,450
WE DID NOT GET A COMPLAINT FROM 

535
00:20:51,450 --> 00:20:52,484
A MENTOR, STUDENT, OR MOST 

536
00:20:52,484 --> 00:20:53,752
IMPORTANTLY A PARENT THAT ANYON 

537
00:20:53,752 --> 00:20:55,687
WAS COMING IN THROUGH THE ALLEY 

538
00:20:55,687 --> 00:20:58,423
THAT IS BECAUSE WE HAVE THE 

539
00:20:58,423 --> 00:20:59,224
CLEANEST AND SAFEST ALLEY 

540
00:20:59,224 --> 00:21:02,027
BECAUSE OF THE M.I.D. I ASK YOU 

541
00:21:02,027 --> 00:21:03,261
TO PLEASE CONSIDER CONTINUING  

542
00:21:03,261 --> 00:21:03,996
THE FUNDING BECAUSE WE REALLY  

543
00:21:03,996 --> 00:21:10,636
LOVE THEM. THANK YOU SO MUCH.  

544
00:21:10,636 --> 00:21:16,141
>> THANK YOU VERY MUCH. OKAY,  

545
00:21:16,141 --> 00:21:17,209
CHECKING ONLINE. THERE ARE NO  

546
00:21:17,209 --> 00:21:19,878
MR. SPEAKERS. SO THANK YOU VERY 

547
00:21:19,878 --> 00:21:21,647
MUCH FOR COMING OUT, AGAIN, AND 

548
00:21:21,647 --> 00:21:24,716
SHARING YOUR COMMENT WITH US. I 

549
00:21:24,716 --> 00:21:28,654
REALLY APPRECIATE YOU COMING IN 

550
00:21:28,654 --> 00:21:30,022
TO CHAMBERS, AND ESPECIALLY 

551
00:21:30,022 --> 00:21:31,957
BECAUSE YOU ALL HAVE VERY BUSY 

552
00:21:31,957 --> 00:21:34,192
JOBS AS WE KNOW OUTSIDE. SO  

553
00:21:34,192 --> 00:21:37,462
MOVING ON, I WILL NOW CLOSE THE 

554
00:21:37,462 --> 00:21:39,231
PUBLIC COMMENT, AND I WILL ASK  

555
00:21:39,231 --> 00:21:43,168
THE CLERK TO PLEASE READ ITEM  

556
00:21:43,168 --> 00:21:44,503
NUMBER ONE INTO THE AGENDA. 

557
00:21:44,503 --> 00:21:49,875
>> ONE THROUGH THREE?  

558
00:21:49,875 --> 00:21:51,977
>> JUST A SECOND HERE. 

559
00:21:51,977 --> 00:21:53,945
>> ONE THROUGH THREE? 

560
00:21:53,945 --> 00:21:54,946
>> YEAH. 

561
00:21:54,946 --> 00:21:57,582
>> YES, THE FIRST CLUMP OF ITEM 

562
00:21:57,582 --> 00:22:00,018
IS GOING TO BE THREE 

563
00:22:00,018 --> 00:22:01,920
REAPPOINTMENTS. BE AHEAD AND  

564
00:22:01,920 --> 00:22:07,759
PLEASE READ THOSE ITEMS INTO TH 

565
00:22:07,759 --> 00:22:07,993
RECORD. 

566
00:22:07,993 --> 00:22:08,794
>> ONE, APPOINTMENT 02520. 

567
00:22:08,794 --> 00:22:10,028
APPOINTMENT OF OKSANA SAVOLYUK 

568
00:22:10,028 --> 00:22:12,431
AS A MEMBER OF THE CITY LIGHT 

569
00:22:12,431 --> 00:22:19,171
REVIEW PANEL FOR A TERM TO APRI 

570
00:22:19,171 --> 00:22:20,105
11, 2024. APPOINTMENT 02521, 

571
00:22:20,105 --> 00:22:22,407
REAPPOINTMENTS OF SCOTT HASKINS 

572
00:22:22,407 --> 00:22:25,444
TO THE CITY LIGHT REVIEW PANEL 

573
00:22:25,444 --> 00:22:32,884
FOR A TERM OF APRIL 11, 2026 AN 

574
00:22:32,884 --> 00:22:33,585
APPOINTMENT 2522, REAPPOINTMENT 

575
00:22:33,585 --> 00:22:36,021
OF TIMOTHY O. SKEEL AS A MEMBER 

576
00:22:36,021 --> 00:22:40,792
OF THE CITY LIGHT REVIEW PANEL 

577
00:22:40,792 --> 00:22:45,964
FOR A TERM TO APRIL 10, 2026. 

578
00:22:45,964 --> 00:22:48,366
BRIEFING, DISCUSSION AND 

579
00:22:48,366 --> 00:22:49,201
POSSIBLE VOTE. 

580
00:22:49,201 --> 00:22:51,937
>> LEIGH BARRECA IS HERE. 

581
00:22:51,937 --> 00:22:53,805
COUNCILMEMBERS CAN MAKE COMMENT 

582
00:22:53,805 --> 00:22:55,340
AFTER EACH AFTER THEY ARE 

583
00:22:55,340 --> 00:22:58,210
PRESENTED. WE WILL MOVE AND VOT 

584
00:22:58,210 --> 00:23:01,046
AS A GROUP. PLEASE GO AHEAD. 

585
00:23:01,046 --> 00:23:04,549
>> THANK YOU, LEIGH BARRECA. 

586
00:23:04,549 --> 00:23:09,855
CITY LIGHT. WE HAVE TWO  

587
00:23:09,855 --> 00:23:10,522
REAPPOINTMENTS TO SECOND TERMS. 

588
00:23:10,522 --> 00:23:13,625
THAT WOULD BE TIMOTHY O. SKEEL  

589
00:23:13,625 --> 00:23:14,559
IN THE MAYORAL APPOINTMENT, HIS 

590
00:23:14,559 --> 00:23:17,462
SECOND TERM ON THE PANEL. THE  

591
00:23:17,462 --> 00:23:18,797
SECOND IS POSITION NUMBER TWO,  

592
00:23:18,797 --> 00:23:20,599
SCOTT HASKINS, AND HE IS OUR  

593
00:23:20,599 --> 00:23:22,667
FINANCIAL ANALYST ON THE CITY  

594
00:23:22,667 --> 00:23:25,170
LIGHT REVIEW PANEL, AND THAT'S  

595
00:23:25,170 --> 00:23:26,605
COUNCIL APPOINTEE. IT WILL ALSO 

596
00:23:26,605 --> 00:23:28,673
BE HIS SECOND TERM. THEY HAVE  

597
00:23:28,673 --> 00:23:31,376
BOTH BEEN VERY ACTIVE MEMBERS O 

598
00:23:31,376 --> 00:23:33,011
THE PANEL, AND BOTH PRIOR SPU  

599
00:23:33,011 --> 00:23:34,379
EMPLOYEES. THEY CAME TO THE  

600
00:23:34,379 --> 00:23:38,083
PANEL WITH A LOT OF BACKGROUND  

601
00:23:38,083 --> 00:23:39,384
IN UTILITY, CITY WORK, AND WHAT 

602
00:23:39,384 --> 00:23:39,951
HAVE YOU. 

603
00:23:39,951 --> 00:23:42,454
>> THANK YOU. CAN YOU EXPLAIN A 

604
00:23:42,454 --> 00:23:44,423
LITTLE BIT ABOUT WHAT THE REVIE 

605
00:23:44,423 --> 00:23:44,723
PANEL DOES? 

606
00:23:44,723 --> 00:23:47,859
>> WHAT THE REVIEW PANEL DOES? 

607
00:23:47,859 --> 00:23:48,126
>> YES. 

608
00:23:48,126 --> 00:23:50,896
>> YES, THE REVIEW PANEL WAS 

609
00:23:50,896 --> 00:23:52,631
ESTABLISHED IN 2010 TO ADVISE, 

610
00:23:52,631 --> 00:23:54,566
AN ADVISORY PANEL, TO ADVISE 

611
00:23:54,566 --> 00:23:56,401
CITY LIGHT ON THE STRATEGIC PLA 

612
00:23:56,401 --> 00:24:00,338
AND OUR RATE TRAJECTORY. WE WOR 

613
00:24:00,338 --> 00:24:02,441
WITH THEM VERY CLOSELY DURING,  

614
00:24:02,441 --> 00:24:04,042
ESPECIALLY THE STRATEGIC 

615
00:24:04,042 --> 00:24:04,976
PLANNING PROCESS TO ENSURE WE 

616
00:24:04,976 --> 00:24:06,945
ARE ALL -- THAT YOU KNOW, WE AR 

617
00:24:06,945 --> 00:24:09,881
ALL ON THE SAME PAGE IN TERMS O 

618
00:24:09,881 --> 00:24:11,416
PRIORITIES, CITY PRIORITIES, AN 

619
00:24:11,416 --> 00:24:15,120
THEN A GOOD UNDERSTANDING OF TH 

620
00:24:15,120 --> 00:24:17,289
RATE PATH THAT ACCOMPANIES THE 

621
00:24:17,289 --> 00:24:18,190
STRATEGIC PLAN. THAT'S THE  

622
00:24:18,190 --> 00:24:19,858
PRIMARY FOCUS FOR US. 

623
00:24:19,858 --> 00:24:24,963
>> I MUST SAY THAT AS AN ELECTE 

624
00:24:24,963 --> 00:24:26,431
LEADER, IT'S IMPORTANT THEY HAV 

625
00:24:26,431 --> 00:24:30,569
THAT OUTSIDE PERSPECTIVE WHEN I 

626
00:24:30,569 --> 00:24:32,637
COMES TO MAKING DECISIONS ABOUT 

627
00:24:32,637 --> 00:24:34,072
UTILITY BILLS. 

628
00:24:34,072 --> 00:24:34,439
>> ABSOLUTELY. 

629
00:24:34,439 --> 00:24:36,308
>> AS PART OF EVERY STRATEGIC 

630
00:24:36,308 --> 00:24:38,143
PLAN PACKAGE, THERE'S A LETTER 

631
00:24:38,143 --> 00:24:41,213
ACCOMPANYING THE PACKAGE FROM 

632
00:24:41,213 --> 00:24:45,116
THE REVIEW PANEL SPEAKING TO HO 

633
00:24:45,116 --> 00:24:46,284
THEY FEEL ABOUT THE PROPOSED 

634
00:24:46,284 --> 00:24:48,587
STRATEGIC PLAN AND RATE PATH. 

635
00:24:48,587 --> 00:24:50,455
THAT HAS BEEN VERY USEFUL IN TH 

636
00:24:50,455 --> 00:24:52,090
PAST WHEN WE PRESENT TO COUNCIL 

637
00:24:52,090 --> 00:24:53,792
>> THANK YOU VERY MUCH. 

638
00:24:53,792 --> 00:24:55,727
>> SO WE HAVE A THIRD 

639
00:24:55,727 --> 00:25:01,399
APPOINTMENT, AND THIS IS A NEW 

640
00:25:01,399 --> 00:25:02,767
APPOINTMENT. THIS IS OKSANA, AN 

641
00:25:02,767 --> 00:25:05,103
I'M GOING TO PROBABLY SAY HER  

642
00:25:05,103 --> 00:25:06,271
LAST NAME INCORRECTLY. WHEN SHE 

643
00:25:06,271 --> 00:25:11,409
HAS A CHANCE TO SPEAK, SHE IS O 

644
00:25:11,409 --> 00:25:12,844
VIRTUALLY. OKSANA SAVOLYUK. SHE 

645
00:25:12,844 --> 00:25:17,382
IS A MAYOR APPOINTEE INTO THE  

646
00:25:17,382 --> 00:25:18,416
LOW-INCOME ADVOCACY POSITION,  

647
00:25:18,416 --> 00:25:20,352
POSITION NUMBER SEVEN. HER FIRS 

648
00:25:20,352 --> 00:25:24,723
APPOINTMENT WOULD BE A PARTIAL  

649
00:25:24,723 --> 00:25:27,325
FIRST TERM BECAUSE WE HAD THE  

650
00:25:27,325 --> 00:25:28,260
PAST LOW-INCOME CUSTOMER 

651
00:25:28,260 --> 00:25:30,729
ADVOCATE LEAVE THE PANEL. THIS  

652
00:25:30,729 --> 00:25:35,500
WOULD BE FOR A PARTIAL TERM, AN 

653
00:25:35,500 --> 00:25:36,801
THEN HOPEFULLY REAPPOINTING HER 

654
00:25:36,801 --> 00:25:40,272
OKSANA HAS A LONG HISTORY WITH 

655
00:25:40,272 --> 00:25:41,273
CITY LIGHT, WORKING IN THE 

656
00:25:41,273 --> 00:25:42,073
LOW-INCOME ADVOCACY COMMUNITY.  

657
00:25:42,073 --> 00:25:45,243
WOULD LIKE TO LET HER SPEAK. 

658
00:25:45,243 --> 00:25:45,577
>> PLEASE. 

659
00:25:45,577 --> 00:25:47,279
>> THANK YOU. 

660
00:25:47,279 --> 00:25:47,579
>> HELLO. 

661
00:25:47,579 --> 00:25:49,848
>> GOOD MORNING, EVERYONE. CAN  

662
00:25:49,848 --> 00:25:51,616
EVERYONE HERE ME? 

663
00:25:51,616 --> 00:25:52,350
>> YES. 

664
00:25:52,350 --> 00:25:55,086
>> MY NAME IS OKSANA SAVOLYUK. 

665
00:25:55,086 --> 00:25:56,087
I'M THE ENERGY ASSISTANT 

666
00:25:56,087 --> 00:26:00,258
DIRECTOR AT MULTISERVICE CENTER 

667
00:26:00,258 --> 00:26:01,026
WE SERVE LOW-INCOME COMMUNITY 

668
00:26:01,026 --> 00:26:02,327
THROUGHOUT SOUTH KING COMPANY.  

669
00:26:02,327 --> 00:26:03,595
HAVE BEEN WITH THE COMPANY A 

670
00:26:03,595 --> 00:26:06,831
LITTLE OVER 26 YEARS. I GREW UP 

671
00:26:06,831 --> 00:26:09,467
IN AN IMMIGRANT FAMILY,  

672
00:26:09,467 --> 00:26:11,803
IMMIGRATED TO U.S. FROM UKRAINE 

673
00:26:11,803 --> 00:26:14,005
IN 1992. I REMEMBER AS A CHILD, 

674
00:26:14,005 --> 00:26:15,140
I REMEMBER THE STRUGGLES AND 

675
00:26:15,140 --> 00:26:18,209
HARDSHIP THAT MY FAMILY WENT 

676
00:26:18,209 --> 00:26:21,413
THROUGH AS A LOW-INCOME, SO I 

677
00:26:21,413 --> 00:26:23,014
HAVE A COMPASSIONATE. I LOOK  

678
00:26:23,014 --> 00:26:24,883
FORWARD WORKING. IT'S AN HONOR  

679
00:26:24,883 --> 00:26:27,352
TO WORK WITH SEATTLE CITY LIGHT 

680
00:26:27,352 --> 00:26:27,919
REPRESENTING LOW INCOME  

681
00:26:27,919 --> 00:26:28,887
COMMUNITIES. THANK YOU FOR  

682
00:26:28,887 --> 00:26:31,423
CONSIDERING ME.  

683
00:26:31,423 --> 00:26:34,492
>> THANK YOU VERY, VERY MUCH FO 

684
00:26:34,492 --> 00:26:36,828
YOUR WILLINGNESS TO SERVE. I  

685
00:26:36,828 --> 00:26:37,896
NOTICED FROM YOUR APPLICATION 

686
00:26:37,896 --> 00:26:40,265
YOU STARTED A NEW POSITION AT 

687
00:26:40,265 --> 00:26:41,733
THE DEPARTMENT OF COMMERCE. 

688
00:26:41,733 --> 00:26:45,770
CONGRATULATIONS FOR THAT. I KNO 

689
00:26:45,770 --> 00:26:49,741
THAT YOU, AS ALL OF THE MEMBERS 

690
00:26:49,741 --> 00:26:51,076
HAVE VERY BUSY PROFESSIONAL  

691
00:26:51,076 --> 00:26:53,278
LIVES, AND REALLY APPRECIATE TH 

692
00:26:53,278 --> 00:26:54,479
SPECIAL PERSPECTIVE THAT YOU  

693
00:26:54,479 --> 00:26:58,216
WILL BRING AND YOUR TIME. WITH  

694
00:26:58,216 --> 00:27:00,018
THAT, ARE THERE ANY QUESTIONS O 

695
00:27:00,018 --> 00:27:04,656
COMMENTS FROM MY COLLEAGUES?  

696
00:27:04,656 --> 00:27:06,524
OKAY. SEEING NONE, IF THERE ARE 

697
00:27:06,524 --> 00:27:08,126
NO FURTHER QUESTIONS OR  

698
00:27:08,126 --> 00:27:13,999
COMMENTS, I MOVE THAT THE  

699
00:27:13,999 --> 00:27:14,699
COMMITTEE RECOMMEND CONFIRMATIO 

700
00:27:14,699 --> 00:27:15,867
OF APPOINTMENT 02520, 02521, AN 

701
00:27:15,867 --> 00:27:18,236
02522. IS THERE A SECOND? 

702
00:27:18,236 --> 00:27:18,536
>> SECOND. 

703
00:27:18,536 --> 00:27:20,805
>> THANK YOU VERY MUCH. IT'S  

704
00:27:20,805 --> 00:27:25,276
BEEN MOVED AND SECONDED TO 

705
00:27:25,276 --> 00:27:26,411
RECOMMEND CONFIRMATION OF THE 

706
00:27:26,411 --> 00:27:28,113
APPOINTMENTS, AND 02520, 21, AN 

707
00:27:28,113 --> 00:27:33,118
22. ARE THERE ANY FURTHER  

708
00:27:33,118 --> 00:27:35,587
COMMENTS BEFORE WE TAKE A VOTE? 

709
00:27:35,587 --> 00:27:41,292
SEEING NONE, PLEASE CALL ROLL.  

710
00:27:41,292 --> 00:27:42,127
>> JUAREZ? 

711
00:27:42,127 --> 00:27:42,727
>> AYE. 

712
00:27:42,727 --> 00:27:43,528
>> SAWANT? 

713
00:27:43,528 --> 00:27:44,295
>> YES. 

714
00:27:44,295 --> 00:27:45,330
>> STRAUSS? 

715
00:27:45,330 --> 00:27:45,663
>> YES. 

716
00:27:45,663 --> 00:27:47,665
>> NELSON? 

717
00:27:47,665 --> 00:27:47,932
>> AYE. 

718
00:27:47,932 --> 00:27:49,300
>> FOUR IN FAVOR, ZERO OPPOSED. 

719
00:27:49,300 --> 00:27:50,402
>> THANK YOU VERY MUCH,  

720
00:27:50,402 --> 00:27:57,042
CONGRATULATIONS. APPRECIATE IT. 

721
00:27:57,042 --> 00:28:03,848
SO THE MOTION CARRIES, AND THE 

722
00:28:03,848 --> 00:28:05,316
APPOINTMENT RECOMMENDATION THAT 

723
00:28:05,316 --> 00:28:07,152
02520, 21, AND 22, WILL BE 

724
00:28:07,152 --> 00:28:09,521
FORWARDED TO THE COUNCIL FOR 

725
00:28:09,521 --> 00:28:12,791
CONSIDERATION ON MAY 2nd. 

726
00:28:12,791 --> 00:28:16,194
PROCEEDING WITH AGENDA ITEM 

727
00:28:16,194 --> 00:28:16,394
FOUR. 

728
00:28:16,394 --> 00:28:17,328
>> COUNCIL BILL 120556 AN 

729
00:28:17,328 --> 00:28:19,330
ORDINANCE RELATING TO THE CITY 

730
00:28:19,330 --> 00:28:20,432
LIGHT DEPARTMENT AUTHORIZING TH 

731
00:28:20,432 --> 00:28:22,567
TRANSFER OF CERTAIN FUNDS IN TH 

732
00:28:22,567 --> 00:28:25,537
LIGHT FUND INTO THE RATE 

733
00:28:25,537 --> 00:28:30,208
STABILIZATION ACCOUNT IN 2023, 

734
00:28:30,208 --> 00:28:33,645
AND SUPERSEDING CERTAIN SECTION 

735
00:28:33,645 --> 00:28:34,946
OF 21.49.086. E OF THE SEATTLE 

736
00:28:34,946 --> 00:28:35,313
MUNICIPAL CODE. 

737
00:28:35,313 --> 00:28:37,816
>> THANK YOU VERY MUCH. WE HAVE 

738
00:28:37,816 --> 00:28:40,852
A PANEL OF FOLKS THAT WILL  

739
00:28:40,852 --> 00:28:41,686
INTRODUCE THEMSELVES, AND JUST  

740
00:28:41,686 --> 00:28:45,690
SOME OPENING COMMENTS, WE ARE  

741
00:28:45,690 --> 00:28:48,259
HAVING A BRIEFING AND 

742
00:28:48,259 --> 00:28:50,328
DISCUSSIONING OF THE BILL TO 

743
00:28:50,328 --> 00:28:52,363
TRANSFER FUND IN THE DEBT 

744
00:28:52,363 --> 00:28:54,866
SERVICE COVERAGE TO THE RATE 

745
00:28:54,866 --> 00:28:57,669
STABILIZATION ACCOUNT, RSA IN 

746
00:28:57,669 --> 00:29:00,038
JUNE 2023 AND LATER AGAIN -- 

747
00:29:00,038 --> 00:29:04,275
THEN AGAIN LATER IN 2023 IF 

748
00:29:04,275 --> 00:29:05,810
NECESSARY. CITY LIGHT WILL GIVE 

749
00:29:05,810 --> 00:29:06,778
MORE THOROUGH DESCRIPTION IN TH 

750
00:29:06,778 --> 00:29:13,017
PRESENTATION, BUT FOR NOW, I 

751
00:29:13,017 --> 00:29:18,923
WANT TO NOTE THAT RSA SERVES AS 

752
00:29:18,923 --> 00:29:21,659
A RESERVE FUND FOR THE EXTREME 

753
00:29:21,659 --> 00:29:23,862
CONDITIONS WE FIND OURSELVES IN 

754
00:29:23,862 --> 00:29:30,235
EXTREME SWINGS IN THE WHOLESALE 

755
00:29:30,235 --> 00:29:33,605
REVENUES. CITY LIGHT HAS  

756
00:29:33,605 --> 00:29:35,507
EXTENSIVE AND VERY, VERY STRONG 

757
00:29:35,507 --> 00:29:37,475
AND DETAILED LONG TERM PLANNING 

758
00:29:37,475 --> 00:29:38,576
BUT YOU CANNOT ACCOUNT FOR THE 

759
00:29:38,576 --> 00:29:39,844
SHORT-TERM CHANGES AND 

760
00:29:39,844 --> 00:29:42,780
CONDITIONS, AND I WANT TO SAY W 

761
00:29:42,780 --> 00:29:44,883
HAVE HEARD SEVERAL PRESENTATION 

762
00:29:44,883 --> 00:29:45,683
ON THEIR LONG-TERM RESOURCE 

763
00:29:45,683 --> 00:29:49,220
PLANNING, AND I JUST WANT TO SA 

764
00:29:49,220 --> 00:29:51,055
THAT THIS IS SOMETHING THAT WE 

765
00:29:51,055 --> 00:29:52,991
CANNOT ACCOUNT FOR IN THOSE 

766
00:29:52,991 --> 00:29:56,561
PLANS, AND I INVITE YOU TO 

767
00:29:56,561 --> 00:29:57,695
INTRODUCE YOURSELVES AND THEN 

768
00:29:57,695 --> 00:30:02,967
BEGIN YOUR PRESENTATION. 

769
00:30:02,967 --> 00:30:06,604
>> GOOD MORNING. I'M KIRSTY  

770
00:30:06,604 --> 00:30:06,871
GRAINGER. 

771
00:30:06,871 --> 00:30:10,708
>> I'M EMEKA ANYANWU. 

772
00:30:10,708 --> 00:30:14,412
>> GOOD MORNING, CARSTEN CROFF. 

773
00:30:14,412 --> 00:30:16,147
>> I'M ERIC McCONAGHY AS THE 

774
00:30:16,147 --> 00:30:16,848
COUNCIL CENTRAL STAFF. 

775
00:30:16,848 --> 00:30:20,685
>> THANK YOU VERY MUCH. GO  

776
00:30:20,685 --> 00:30:20,919
AHEAD. 

777
00:30:20,919 --> 00:30:22,520
>> PERFECT. WE HAVE A  

778
00:30:22,520 --> 00:30:25,190
PRESENTATION FOR YOU TODAY. AS  

779
00:30:25,190 --> 00:30:27,659
YOU INTROD, THE FIRST SLIDE IS  

780
00:30:27,659 --> 00:30:30,161
EASY. GOING TO THE FIRST. THERE 

781
00:30:30,161 --> 00:30:32,964
YOU GO. AS YOU SAID, WE ARE HER 

782
00:30:32,964 --> 00:30:37,602
BECAUSE AT THE END OF MARCH,  

783
00:30:37,602 --> 00:30:39,237
CITY LIGHT TRIGGERED A 4% RSA  

784
00:30:39,237 --> 00:30:41,005
SURCHARGE THAT WOULD GO IN  

785
00:30:41,005 --> 00:30:43,441
EFFECT ON JUNE 1. THE  

786
00:30:43,441 --> 00:30:44,209
LEGISLATION WE ARE PROPOSING 

787
00:30:44,209 --> 00:30:46,377
AUTHORIZING THE TRANSFER OF CAS 

788
00:30:46,377 --> 00:30:48,012
INTO THE RSA SO THE SURCHARGE 

789
00:30:48,012 --> 00:30:50,181
DOES NOT NEED TO BE IMPLEMENTED 

790
00:30:50,181 --> 00:30:52,050
THE PRESENTATION TODAY TALKS 

791
00:30:52,050 --> 00:30:54,285
THROUGH A LITTLE BIT ABOUT THE 

792
00:30:54,285 --> 00:30:56,020
RSA, AND DESCRIBES THE WHOLESAL 

793
00:30:56,020 --> 00:30:57,322
MARKET CONDITIONS LEADING US TO 

794
00:30:57,322 --> 00:31:00,725
WHERE WE ARE TODAY AND THEN 

795
00:31:00,725 --> 00:31:02,026
REVIEW THE FINANCIAL POSITION 

796
00:31:02,026 --> 00:31:03,862
AND DISCUSS WHY CITY LIGHT 

797
00:31:03,862 --> 00:31:05,163
BELIEVES WE HAVE SURPLUS CASH 

798
00:31:05,163 --> 00:31:08,600
AND THE BEST AND PRUDENT ACTION 

799
00:31:08,600 --> 00:31:12,770
IS FOR US TO USE THE SURPLUS 

800
00:31:12,770 --> 00:31:15,306
CASH TO AVOID THE SURCHARGE, AN 

801
00:31:15,306 --> 00:31:16,708
IT'S THE BEST THING FOR OUR 

802
00:31:16,708 --> 00:31:18,509
CUSTOMERS AND PRUDENT MOVE 

803
00:31:18,509 --> 00:31:21,246
FINANCIALLY. ALL RIGHT, A LITTL 

804
00:31:21,246 --> 00:31:24,816
BIT OF BACKGROUND ON THE RSA. 

805
00:31:24,816 --> 00:31:26,884
OBVIOUSLY CITY LIGHTS' PURPOSE 

806
00:31:26,884 --> 00:31:28,286
IS TO DELIVER CUSTOMERS THE 

807
00:31:28,286 --> 00:31:29,621
ELECTRICITY THEY NEED EVERY HOU 

808
00:31:29,621 --> 00:31:31,890
AND EVERY DAY. THIS MEANS THAT  

809
00:31:31,890 --> 00:31:35,360
CITY LIGHT IS CONSTANTLY BUYING 

810
00:31:35,360 --> 00:31:36,894
AND SELLING POWER IN THE  

811
00:31:36,894 --> 00:31:38,863
WHOLESALE MARKET TO BALANCE  

812
00:31:38,863 --> 00:31:39,731
SUPPLY AND DEMAND. ELECTRICITY  

813
00:31:39,731 --> 00:31:42,634
IS DIFFICULT TO STORE. ON THE  

814
00:31:42,634 --> 00:31:44,435
SUPPLY SIDE, IN ADDITION TO SOM 

815
00:31:44,435 --> 00:31:45,103
LONG-TERM POWER PURCHASE 

816
00:31:45,103 --> 00:31:46,537
AGREEMENTS, AND YOU CAN SEE IT 

817
00:31:46,537 --> 00:31:48,806
IN THE CHART ON THE RIGHT, AND 

818
00:31:48,806 --> 00:31:53,878
MUCH OF OUR POWER COMING FROM 

819
00:31:53,878 --> 00:31:55,580
THE GENERATION RESOURCES WE 

820
00:31:55,580 --> 00:31:58,983
HAVE, AND THE SKAGIT PROJECT. 

821
00:31:58,983 --> 00:32:00,218
THESE ARE HYDROELECTRIC PROJECT 

822
00:32:00,218 --> 00:32:02,186
OWNED BY THE CITY OF SEATTLE, 

823
00:32:02,186 --> 00:32:03,087
PROVIDING MUCH OF THE 

824
00:32:03,087 --> 00:32:06,958
ELECTRICITY WE SERVE OUR 

825
00:32:06,958 --> 00:32:08,693
CUSTOMERS. SO THE HYDROELECTRIC 

826
00:32:08,693 --> 00:32:10,228
GENERATION VARIES WITH WEATHER, 

827
00:32:10,228 --> 00:32:13,698
HYDRO CONDITIONS, SNOW PACK, AN 

828
00:32:13,698 --> 00:32:14,499
PRECIPITATION. UNDER NORMAL,  

829
00:32:14,499 --> 00:32:15,667
TYPICAL CIRCUMSTANCES, CITY  

830
00:32:15,667 --> 00:32:17,101
LIGHT HAS MORE THAN ENOUGH POWE 

831
00:32:17,101 --> 00:32:20,371
TO SERVE ALL OF THE NEEDS OF OU 

832
00:32:20,371 --> 00:32:21,372
CUSTOMERS. IN THIS SITUATION, A 

833
00:32:21,372 --> 00:32:23,975
YOU CAN SEE ON THE LEFT SIDE OF 

834
00:32:23,975 --> 00:32:27,245
THE CHART, WE WOULD SELL THE  

835
00:32:27,245 --> 00:32:30,114
SURPLUS POWER INTO THE WHOLESAL 

836
00:32:30,114 --> 00:32:31,115
MARKET. HOWEVER, IF CONDITIONS  

837
00:32:31,115 --> 00:32:33,685
ARE DRY, AND ALSO IF WE SEE MOR 

838
00:32:33,685 --> 00:32:35,520
DEMAND THAN WOULD BE NORMAL,  

839
00:32:35,520 --> 00:32:36,754
CITY LIGHT MAY BE PURCHASING  

840
00:32:36,754 --> 00:32:40,792
POWER IN THE WHOLESALE MARKET T 

841
00:32:40,792 --> 00:32:45,430
HELP MEET THE DEMAND. SO, YOU  

842
00:32:45,430 --> 00:32:46,898
KNOW, THESE ARE FINANCIAL RISKS 

843
00:32:46,898 --> 00:32:48,032
AND UNCERTAINTIES THAT WE ARE 

844
00:32:48,032 --> 00:32:50,668
EXPOSED TO IN THE WHOLESALE 

845
00:32:50,668 --> 00:32:53,404
MARKET WE CANNOT AVOID. IN 2010 

846
00:32:53,404 --> 00:32:56,507
CITY COUNCIL ESTABLISHED THE  

847
00:32:56,507 --> 00:32:59,110
RATE STABILIZATION ACCOUNT. THI 

848
00:32:59,110 --> 00:33:00,678
IS A MECHANISM THAT PROTECTS  

849
00:33:00,678 --> 00:33:02,213
CITY LIGHTS CUSTOMERS FROM MUCH 

850
00:33:02,213 --> 00:33:03,414
OF THE FINANCIAL UNCERTAINTY 

851
00:33:03,414 --> 00:33:04,982
THAT IS COMING FROM OUR ACTIVIT 

852
00:33:04,982 --> 00:33:07,518
IN THE WHOLESALE MARKET. THE RS 

853
00:33:07,518 --> 00:33:09,587
IS $100 MILLION CASH RESERVE AS 

854
00:33:09,587 --> 00:33:11,022
WE ARE PURCHASING AND SELLING 

855
00:33:11,022 --> 00:33:14,258
POWER INTO THE MARKET. WE ARE  

856
00:33:14,258 --> 00:33:16,327
USING THE RSA TO DEPOSIT AND  

857
00:33:16,327 --> 00:33:18,730
WITHDRAW FUNDS TO BALANCE IT 

858
00:33:18,730 --> 00:33:20,932
OUT. IF IT BECOMES DEPLETED,  

859
00:33:20,932 --> 00:33:22,300
THAT'S WHEN THE AUTOMATIC  

860
00:33:22,300 --> 00:33:25,002
SURCHARGES COME ON TO REPLENISH 

861
00:33:25,002 --> 00:33:30,675
IT. THIS IS ANOTHER ILLUSTRATIO 

862
00:33:30,675 --> 00:33:32,443
OF THE SAME FINANCIAL RISKS AND 

863
00:33:32,443 --> 00:33:33,644
FINANCIAL IMPACT. WE TALKED  

864
00:33:33,644 --> 00:33:34,912
ABOUT THE SUPPLY AND DEMAND  

865
00:33:34,912 --> 00:33:36,247
BALANCE, AND IT DETERMINES IF  

866
00:33:36,247 --> 00:33:40,018
CITY LIGHT IS A SELLER IN THE  

867
00:33:40,018 --> 00:33:41,185
WHOLESALE MARKET OR A DEFICIT I 

868
00:33:41,185 --> 00:33:43,254
ANY GIVEN HOUR. THE OTHER PART  

869
00:33:43,254 --> 00:33:45,390
OF THE RISK IS THE MARKET PRICE 

870
00:33:45,390 --> 00:33:47,425
AND AS WE ARE BUYING OR SELLING 

871
00:33:47,425 --> 00:33:48,993
POWER, THE MARKET WILL DETERMIN 

872
00:33:48,993 --> 00:33:51,095
WHAT THE PRICE FOR THE POWER IS 

873
00:33:51,095 --> 00:33:55,166
AND YOU MULTIPLY THE VOLUME BY  

874
00:33:55,166 --> 00:33:56,901
THE PRICE, AND THAT DETERMINES  

875
00:33:56,901 --> 00:33:57,568
OUR FINANCIAL IMPACT. YOU KNOW, 

876
00:33:57,568 --> 00:34:00,204
WHAT I WANT TO POINT OUT, IN TH 

877
00:34:00,204 --> 00:34:03,274
PICTURE HERE, THE ARROWS ON THE 

878
00:34:03,274 --> 00:34:04,275
OUTSIDE, PRECIPITATION, RUNOFF, 

879
00:34:04,275 --> 00:34:06,177
ECONOMY, THE WEATHER, AND YOU  

880
00:34:06,177 --> 00:34:07,378
KNOW, EVEN GLOBAL IMPACTS THAT  

881
00:34:07,378 --> 00:34:09,847
ARE DRIVING UP THE PRICES OF OI 

882
00:34:09,847 --> 00:34:12,483
AND NATURAL GAS, THEY ARE ALL A 

883
00:34:12,483 --> 00:34:15,720
YOU POINTED OUT RISKS THAT ARE 

884
00:34:15,720 --> 00:34:18,456
UNCONTROLLABLE AND THAT THE 

885
00:34:18,456 --> 00:34:21,125
UTILITY IS EXPOSED TO. SO I WIL 

886
00:34:21,125 --> 00:34:23,327
TURN IT OVER TO EMEKA TO TALK A 

887
00:34:23,327 --> 00:34:25,863
LITTLE BIT ABOUT HOW THE RISKS  

888
00:34:25,863 --> 00:34:29,434
PLAYED OUT FOR CITY LIGHT THIS  

889
00:34:29,434 --> 00:34:29,767
LAST WINTER. 

890
00:34:29,767 --> 00:34:31,469
>> ALL RIGHT, THANK YOU, KIRSTY 

891
00:34:31,469 --> 00:34:32,804
>> WALKING THROUGH LAST WINTER 

892
00:34:32,804 --> 00:34:35,173
AND TALKING A LITTLE BIT ABOUT 

893
00:34:35,173 --> 00:34:38,643
HOW IT IMPACTED THE HYDRO 

894
00:34:38,643 --> 00:34:38,943
RESOURCES. 

895
00:34:38,943 --> 00:34:41,813
>> THE MAP SHOWS ON HERE THE 

896
00:34:41,813 --> 00:34:43,681
RUNOFF, AS RECORDED BY THE 

897
00:34:43,681 --> 00:34:49,086
NORTHWEST RIVER FORECAST CENTER 

898
00:34:49,086 --> 00:34:51,789
AN ARM OF NOAA. IT'S A FEDERAL  

899
00:34:51,789 --> 00:34:52,957
AGENCY THAT PROVIDES THE  

900
00:34:52,957 --> 00:34:54,792
FORECASTING. YOU CAN SEE THE  

901
00:34:54,792 --> 00:34:58,463
AVERAGES ARE LOW COMPARED TO TH 

902
00:34:58,463 --> 00:35:01,966
HISTORICAL NORMAL FLOWS, AND  

903
00:35:01,966 --> 00:35:04,502
THAT'S WHAT THE DIAGRAM SHOWS. 

904
00:35:04,502 --> 00:35:07,038
SO THE SITES CIRCLED ARE JUST U 

905
00:35:07,038 --> 00:35:13,010
THE STREAM FROM THE CITY LIGHT 

906
00:35:13,010 --> 00:35:14,412
PROJECTS. THOSE PROJECTS ARE  

907
00:35:14,412 --> 00:35:15,313
BELOW NORMAL, AND FLOWS REALLY  

908
00:35:15,313 --> 00:35:16,848
HAVE BEEN BELOW NORMAL SINCE TH 

909
00:35:16,848 --> 00:35:18,382
START OF THE WATER YEAR IN  

910
00:35:18,382 --> 00:35:21,319
OCTOBER, AND THAT IS WHEN THE  

911
00:35:21,319 --> 00:35:27,492
WATER YEAR STARTS, UP THROUGH  

912
00:35:27,492 --> 00:35:30,761
APRIL. RIGHT NOW, LOWER THAN  

913
00:35:30,761 --> 00:35:33,431
NORMAL FLOWS. THIS NEXT SLIDE,  

914
00:35:33,431 --> 00:35:37,068
YOU CAN SEE THE DRY WINTER  

915
00:35:37,068 --> 00:35:40,037
CONDITIONS MEANT THAT SKAGIT AN 

916
00:35:40,037 --> 00:35:42,073
BOUNDARY WAS FAR BELOW NORMAL  

917
00:35:42,073 --> 00:35:46,210
FOR NOVEMBER AND MARCH. 100  

918
00:35:46,210 --> 00:35:48,446
AVERAGE MEGA WATTS AND $80 

919
00:35:48,446 --> 00:35:49,647
MARKET COSTING $6 MILLION, AND 

920
00:35:49,647 --> 00:35:50,815
COSTS HAVE LARGELY BEEN ABOVE 

921
00:35:50,815 --> 00:35:52,116
THIS LEVEL SINCE THE FOURTH 

922
00:35:52,116 --> 00:35:53,718
QUARTER OF LAST YEAR, AND THE 

923
00:35:53,718 --> 00:35:55,753
SIZE OF THE DEFICITS IS NOT THE 

924
00:35:55,753 --> 00:35:58,556
ONLY STORY HERE. THE TIMING OF  

925
00:35:58,556 --> 00:36:01,058
DEFICITS IS ALSO A FACTOR AS  

926
00:36:01,058 --> 00:36:01,859
KIRSTY SAID. STORAGE IS NOT  

927
00:36:01,859 --> 00:36:04,128
REALLY AN EASY THING TO DO. 

928
00:36:04,128 --> 00:36:07,698
REALLY YOU ARE TRYING TO RESPON 

929
00:36:07,698 --> 00:36:08,799
TO THE DEMAND IN REALTIME, AND 

930
00:36:08,799 --> 00:36:11,435
IN SORT OF SHORT PERIODS. THE  

931
00:36:11,435 --> 00:36:13,304
TIMING OF THE DEFICITS IS A 

932
00:36:13,304 --> 00:36:15,506
FACTOR WITH THE MARKET PRICE 

933
00:36:15,506 --> 00:36:17,742
MOVEMENT AS YOU WILL SEE LATER. 

934
00:36:17,742 --> 00:36:22,179
NEXT SLIDE, PLEASE. SO THIS NEX 

935
00:36:22,179 --> 00:36:23,748
DIAGRAM SORT OF SHOWS WHAT WE  

936
00:36:23,748 --> 00:36:25,917
WERE LOOKING AT IN TERMS OF THE 

937
00:36:25,917 --> 00:36:32,023
WEATHER. IT WAS A COLD WINTER,  

938
00:36:32,023 --> 00:36:33,291
HIGH DEMAND FOR ELECTRICITY, AN 

939
00:36:33,291 --> 00:36:34,192
ACTUALLY 4% HIGHER THAN 

940
00:36:34,192 --> 00:36:35,526
FORECASTED OVER THE SIX MONTHS. 

941
00:36:35,526 --> 00:36:37,094
BECAUSE WE DIDN'T HAVE THE POWE 

942
00:36:37,094 --> 00:36:39,564
TO SERVE THE DEMAND FOR THE 

943
00:36:39,564 --> 00:36:40,865
CONDITIONS DESCRIBED, WE HAD TO 

944
00:36:40,865 --> 00:36:44,402
BUY POWER AT HIGH PRICES THAT 

945
00:36:44,402 --> 00:36:45,102
WAS EXPENSIVE. GENERALLY IT'S  

946
00:36:45,102 --> 00:36:46,037
WORTH NOTING THAT STRONG RETAIL 

947
00:36:46,037 --> 00:36:48,739
DEMAND IS A GOOD THINGS. WE  

948
00:36:48,739 --> 00:36:52,210
SHOULD NOT LOSE SIGHT OF THE BI 

949
00:36:52,210 --> 00:36:55,246
PICTURE. IT MEANS STRONG ECONOM 

950
00:36:55,246 --> 00:36:57,848
AND PROBABLY IS INDICATIVE OF  

951
00:36:57,848 --> 00:36:58,616
THE ROBUST PANDEMIC RECOVERY 

952
00:36:58,616 --> 00:37:00,318
UNDERWAY WITH RESPECT TO THE 

953
00:37:00,318 --> 00:37:03,554
WORK WE DO THE RETAIL REVENUES 

954
00:37:03,554 --> 00:37:04,655
AND THIS EXTRA DEMAND INCREASED 

955
00:37:04,655 --> 00:37:06,824
THE RETAIL REVENUE, AND THAT'S 

956
00:37:06,824 --> 00:37:09,794
ONE OF THE REASONS WHY CITY 

957
00:37:09,794 --> 00:37:11,362
LIGHT CAN AFFORD THE CASH 

958
00:37:11,362 --> 00:37:12,563
TRANSFER THAT THE LEGISLATURE I 

959
00:37:12,563 --> 00:37:12,863
PROPOSING. 

960
00:37:12,863 --> 00:37:17,401
>> PLEASE STOP THERE FOR A 

961
00:37:17,401 --> 00:37:19,470
SECOND. SO THAT OCTOBER RED  

962
00:37:19,470 --> 00:37:22,907
SPLOTCH RIGHT THERE, THAT IS  

963
00:37:22,907 --> 00:37:24,675
INDICATING WARM WEATHER, BUT  

964
00:37:24,675 --> 00:37:26,844
IT'S ALSO INDICATING EXTREMELY  

965
00:37:26,844 --> 00:37:27,645
DRY SOIL? 

966
00:37:27,645 --> 00:37:29,347
>> YEAH. THERE IS CERTAINLY A  

967
00:37:29,347 --> 00:37:29,981
CORRELATION THERE. THE OTHER  

968
00:37:29,981 --> 00:37:32,717
PART OF THE WARM WEATHER AS  

969
00:37:32,717 --> 00:37:34,118
WELL, AGAIN, WITH THE 

970
00:37:34,118 --> 00:37:35,620
SEASONALITY, THE WAY THE 

971
00:37:35,620 --> 00:37:36,454
PREDICTION WORKS, YOU'RE TRYING 

972
00:37:36,454 --> 00:37:39,257
TO -- YOU'RE LOOKING AT WHAT TH 

973
00:37:39,257 --> 00:37:40,725
NORMAL WEATHER WOULD BE, AND 

974
00:37:40,725 --> 00:37:42,093
YOU'RE MATCHING YOUR RESOURCES 

975
00:37:42,093 --> 00:37:44,762
TO THAT. SO IF THE WEATHER IS  

976
00:37:44,762 --> 00:37:45,830
WARMER THAN NORMAL, AND THERE'S 

977
00:37:45,830 --> 00:37:47,198
EITHER MORE COOLING OR OTHER  

978
00:37:47,198 --> 00:37:50,334
THINGS LIKE THAT GOING ON, THAT 

979
00:37:50,334 --> 00:37:53,404
CAN IMPACT THE DEMAND AS WELL. 

980
00:37:53,404 --> 00:37:54,271
>> THANK YOU. 

981
00:37:54,271 --> 00:37:55,473
>> SO OVERALL, AGAIN, THE 

982
00:37:55,473 --> 00:37:56,907
CONDITIONS DROVE UP NOT ONLY TH 

983
00:37:56,907 --> 00:38:00,544
DEMAND AND ALSO MARKET PRICES A 

984
00:38:00,544 --> 00:38:02,480
THE WHOLE REGION SAW THE HIGHER 

985
00:38:02,480 --> 00:38:07,318
DEMAND. NEXT, PLEASE. SO TO THE 

986
00:38:07,318 --> 00:38:09,520
POINT OF HIGH MARKET PRICES, AN 

987
00:38:09,520 --> 00:38:10,521
MARKET PRICES FOR ELECTRICITY  

988
00:38:10,521 --> 00:38:11,622
RIGHT NOW ARE THE HIGHEST WE  

989
00:38:11,622 --> 00:38:13,357
HAVE SEEN IN A DECADE. PART OF  

990
00:38:13,357 --> 00:38:16,694
THIS HAS TO DO WITH THE PRICE O 

991
00:38:16,694 --> 00:38:17,762
NATURAL GAS, WHICH IS AFFECTED  

992
00:38:17,762 --> 00:38:20,531
BY THE COLD WEATHER AS WELL. 

993
00:38:20,531 --> 00:38:22,900
NATURAL GAS FOR HEATING, IN 

994
00:38:22,900 --> 00:38:23,734
ADDITION TO GENERATING 

995
00:38:23,734 --> 00:38:25,169
ELECTRICITY, IMPACTING THE 

996
00:38:25,169 --> 00:38:28,039
PRICE, AND OVER THE LAST FOUR 

997
00:38:28,039 --> 00:38:30,941
YEARS, THE AVERAGE MARKET PRICE 

998
00:38:30,941 --> 00:38:34,612
WAS $34 PER MEGA WATT HOUR. WE  

999
00:38:34,612 --> 00:38:38,783
REGULARLY SAW $50 TO $100 RANGE 

1000
00:38:38,783 --> 00:38:42,019
EVEN SPIKING $200 TO $300, AND 

1001
00:38:42,019 --> 00:38:43,988
OVER $500 PER MEGAWATT HOUR. YO 

1002
00:38:43,988 --> 00:38:45,189
CAN SEE THE SPIKE IN DECEMBER  

1003
00:38:45,189 --> 00:38:46,991
THAT SHOWS THAT. WE HAVE THE  

1004
00:38:46,991 --> 00:38:49,360
RESPONSIBILITY AND WHAT WE DO I 

1005
00:38:49,360 --> 00:38:50,795
SERVE OUR CUSTOMERS' ELECTRICIT 

1006
00:38:50,795 --> 00:38:52,163
NEEDS. THIS IS THE MARKET WE  

1007
00:38:52,163 --> 00:38:54,598
WENT IN TO MAKE SURE WE HAD THE 

1008
00:38:54,598 --> 00:38:58,536
RESOURCES TO MEET THE NEEDS IN  

1009
00:38:58,536 --> 00:39:00,004
THE WINTER COLD SNAPS. SO THAT  

1010
00:39:00,004 --> 00:39:01,939
IS THE WORK THAT WE DO AND THE  

1011
00:39:01,939 --> 00:39:03,974
ENVIRONMENT THAT WE WERE DOING  

1012
00:39:03,974 --> 00:39:05,309
IT IN, AND NOW KIRSTY WILL PICK 

1013
00:39:05,309 --> 00:39:08,579
UP HERE TO TALK ABOUT HOW IT  

1014
00:39:08,579 --> 00:39:09,814
IMPACTED THE RSA. 

1015
00:39:09,814 --> 00:39:13,150
>> ALL RIGHT, THANK YOU. SO YOU 

1016
00:39:13,150 --> 00:39:14,985
KNOW, AS MENTIONED THE RSA IS A 

1017
00:39:14,985 --> 00:39:16,787
CASH RESERVE. YOU CAN SEE FOR  

1018
00:39:16,787 --> 00:39:20,091
MOST OF LAST YEAR, THE RSA WAS  

1019
00:39:20,091 --> 00:39:22,827
FULL AT $100 MILLION OR MORE. 

1020
00:39:22,827 --> 00:39:25,396
THEN AS EMEKA MENTIONED, THE 

1021
00:39:25,396 --> 00:39:27,331
CONDITIONS THROUGH THE WINTER, 

1022
00:39:27,331 --> 00:39:30,334
THE RSA, WE WITHDREW FROM THE 

1023
00:39:30,334 --> 00:39:31,335
RSA EACH MONTH FROM NOVEMBER 

1024
00:39:31,335 --> 00:39:32,770
ONWARD, AND THEN THAT BROUGHT U 

1025
00:39:32,770 --> 00:39:36,006
TO THE POINT WHERE AS OF THE EN 

1026
00:39:36,006 --> 00:39:39,143
OF MARCH, THE RSA WAS AT $46 

1027
00:39:39,143 --> 00:39:41,078
MILLION, AND THAT IS BELOW THE  

1028
00:39:41,078 --> 00:39:43,214
$50 MILLION THRESHOLD THAT WOUL 

1029
00:39:43,214 --> 00:39:45,182
INDICATE THE 4% SURCHARGE. YOU  

1030
00:39:45,182 --> 00:39:50,254
CAN SEE FROM THE CHART, WE HAVE 

1031
00:39:50,254 --> 00:39:51,822
TWO CHECK POINTS FOR THE RSA 

1032
00:39:51,822 --> 00:39:55,760
SURCHARGES, ONE IN MARCH AND ON 

1033
00:39:55,760 --> 00:39:58,496
AT THE END OF SEPTEMBER. OKAY,  

1034
00:39:58,496 --> 00:40:00,464
SO THE SURCHARGE HAS BEEN 

1035
00:40:00,464 --> 00:40:02,400
TRIGGERED, AND THE PROPOSAL IS 

1036
00:40:02,400 --> 00:40:04,335
TO DEPOSIT CASH INTO THE RSA TO 

1037
00:40:04,335 --> 00:40:05,536
AVOID THE SURCHARGE, AND YOU 

1038
00:40:05,536 --> 00:40:07,772
KNOW, JUST TO TAKE A STEP BACK, 

1039
00:40:07,772 --> 00:40:12,209
WE HAVE TALKED A LOT ABOUT THE 

1040
00:40:12,209 --> 00:40:14,278
UTILITIES' CHALLENGES IN THE 

1041
00:40:14,278 --> 00:40:15,613
WHOLESALE MARKET. IT'S BEEN AN  

1042
00:40:15,613 --> 00:40:16,414
EXPENSIVE WINTER FOR US. IN THE 

1043
00:40:16,414 --> 00:40:19,583
BIG PICTURE, I WANT TO STRESS  

1044
00:40:19,583 --> 00:40:22,586
THIS IS NOT A UTILITYWIDE 

1045
00:40:22,586 --> 00:40:26,056
FINANCIAL CRISIS. THE UTILITY I 

1046
00:40:26,056 --> 00:40:26,724
VERY FINANCIALLY SOUND. OUR  

1047
00:40:26,724 --> 00:40:27,958
FINANCIAL PERFORMANCE LAST YEAR 

1048
00:40:27,958 --> 00:40:30,895
OVERALL WAS EXCELLENT. WE HAD  

1049
00:40:30,895 --> 00:40:32,496
DEBT SERVICE COVERAGE OF 2.5  

1050
00:40:32,496 --> 00:40:33,798
TIMES, WHICH IS THE HIGHEST I 

1051
00:40:33,798 --> 00:40:36,400
HAVE SEEN SINCE I HAVE BEEN AT 

1052
00:40:36,400 --> 00:40:39,470
CITY LIGHT. WE ARE IN GOOD 

1053
00:40:39,470 --> 00:40:43,040
SHAPE. PART OF THIS MEANS THAT  

1054
00:40:43,040 --> 00:40:44,608
WE HAVE OVER $350 MILLION IN TH 

1055
00:40:44,608 --> 00:40:45,910
BANK IN OPERATING CASH. THAT'S  

1056
00:40:45,910 --> 00:40:48,512
MORE THAN WE PLANNED. PART OF  

1057
00:40:48,512 --> 00:40:50,114
THE REASON AS EMEKA MENTIONED,  

1058
00:40:50,114 --> 00:40:52,550
WE ARE SEEING STRONG RECOVERY I 

1059
00:40:52,550 --> 00:40:55,920
SEATTLE OUT OF THE PANDEMIC. 

1060
00:40:55,920 --> 00:40:57,188
THAT'S GOOD. PEOPLE ARE USING  

1061
00:40:57,188 --> 00:40:57,822
ELECTRICITY. THE SAME FACTORS 

1062
00:40:57,822 --> 00:40:59,790
WITH THE COLD WEATHER WE SAW IN 

1063
00:40:59,790 --> 00:41:01,458
THE WINTER CAUSING US TO  

1064
00:41:01,458 --> 00:41:03,794
PURCHASE POWER IN THE MARKET,  

1065
00:41:03,794 --> 00:41:04,461
TRANSLATED INTO HIGHER RETAIL  

1066
00:41:04,461 --> 00:41:06,730
REVENUES FOR US AS WELL. ALL OF 

1067
00:41:06,730 --> 00:41:08,766
THIS PUT TOGETHER, CITY LIGHT I 

1068
00:41:08,766 --> 00:41:10,301
IN A STRONG FINANCIAL POSITION, 

1069
00:41:10,301 --> 00:41:11,802
EVEN STRONGER THAN WE PLANNED  

1070
00:41:11,802 --> 00:41:14,405
FOR COMING OUT OF 2022. WHAT WE 

1071
00:41:14,405 --> 00:41:18,676
ARE PROPOSING TO DO IS DEPOSIT  

1072
00:41:18,676 --> 00:41:20,211
SOME OF THE SURPLUS, OPERATING  

1073
00:41:20,211 --> 00:41:25,583
CASH INTO THE RSA. YOU KNOW,  

1074
00:41:25,583 --> 00:41:28,085
THIS WILL HAVE SOME RISK. A  

1075
00:41:28,085 --> 00:41:29,320
TRANSFER INTO RESTRICTED RESERV 

1076
00:41:29,320 --> 00:41:33,290
BEHAVES LIKE AN EXPENSE. IT WIL 

1077
00:41:33,290 --> 00:41:34,425
COUNT AGAINST OUR 2023 

1078
00:41:34,425 --> 00:41:36,026
FINANCIALS. WE WANT TO KEEP AN  

1079
00:41:36,026 --> 00:41:38,128
EYE ON WE DON'T WANT TO TRANSFE 

1080
00:41:38,128 --> 00:41:40,264
SO MUCH MONEY INTO THE RSA WE  

1081
00:41:40,264 --> 00:41:41,599
WEAKEN THE 2023 FINANCIAL  

1082
00:41:41,599 --> 00:41:43,767
RESULTS BECAUSE IT COULD HAVE  

1083
00:41:43,767 --> 00:41:44,435
THE POTENTIAL CREDIT RATING  

1084
00:41:44,435 --> 00:41:46,337
IMPACTS, SO, YOU KNOW, YOU CAN  

1085
00:41:46,337 --> 00:41:48,472
SEE ON THE CHART ON THE RIGHT,  

1086
00:41:48,472 --> 00:41:51,008
WE WOULD NOT PROPOSE TO GO MUCH 

1087
00:41:51,008 --> 00:41:55,112
MORE BELOW -- WE WOULD NOT  

1088
00:41:55,112 --> 00:41:58,582
PROPOSE TO GO BELOW 1.8 TIMES,  

1089
00:41:58,582 --> 00:42:00,117
49 OR $50 MILLION GIVEN THE  

1090
00:42:00,117 --> 00:42:00,684
CURRENT FORECAST. THAT'S  

1091
00:42:00,684 --> 00:42:02,519
SOMETHING TO KEEP IN MIND AS WE 

1092
00:42:02,519 --> 00:42:03,821
LOOK AHEAD TO SEPTEMBER AND MAK 

1093
00:42:03,821 --> 00:42:06,190
THE DETERMINATION OF WHAT WE CA 

1094
00:42:06,190 --> 00:42:07,658
DO AT THAT TIME IF ANOTHER  

1095
00:42:07,658 --> 00:42:13,297
SURCHARGE IS CROPPING UP. 

1096
00:42:16,133 --> 00:42:17,301
SO EVERYTHING WE HAVE TALKED 

1097
00:42:17,301 --> 00:42:19,570
ABOUT SO FAR HAS BEEN BACKWARD 

1098
00:42:19,570 --> 00:42:20,538
LOOKING. SHIFTING TO TALK ABOUT 

1099
00:42:20,538 --> 00:42:23,007
THE 2023 CALENDAR YEAR AND WHAT 

1100
00:42:23,007 --> 00:42:25,543
WE ARE PROJECTING FOR THE RUNOF 

1101
00:42:25,543 --> 00:42:27,678
SEASON AND TOWARDS THE END OF  

1102
00:42:27,678 --> 00:42:31,048
2023. SO THIS IS A CHART SHOWIN 

1103
00:42:31,048 --> 00:42:32,650
OUR FORECAST OF NET WHOLESALE 

1104
00:42:32,650 --> 00:42:34,051
REVENUES FOR THE 2023 CALENDAR 

1105
00:42:34,051 --> 00:42:36,720
YEAR, AND YOU KNOW, AS I 

1106
00:42:36,720 --> 00:42:38,522
MENTIONED CITY LIGHT IS USUALLY 

1107
00:42:38,522 --> 00:42:40,991
LONG POWER SURPLUS, AND THIS IS 

1108
00:42:40,991 --> 00:42:44,395
A REVENUE IN OUR BOOKS. THE  

1109
00:42:44,395 --> 00:42:45,262
DIFFERENT COLOR FORECASTS 

1110
00:42:45,262 --> 00:42:46,196
REPRESENT THE VINTAGE OF THE 

1111
00:42:46,196 --> 00:42:48,399
FORECAST, AND YOU CAN SEE BACK 

1112
00:42:48,399 --> 00:42:50,734
IN NOVEMBER, WE WERE PROJECTING 

1113
00:42:50,734 --> 00:42:52,703
VERY HIGH REVENUES FOR THIS 

1114
00:42:52,703 --> 00:42:54,471
YEAR, AND OVER TIME, THAT HAS 

1115
00:42:54,471 --> 00:42:56,774
DECLINED TO THE POINT WHERE NOW 

1116
00:42:56,774 --> 00:42:59,944
WE ARE PROJECTING BASICALLY 

1117
00:42:59,944 --> 00:43:00,577
ZERO. IT'S ACTUALLY THE LATEST 

1118
00:43:00,577 --> 00:43:04,682
FORECAST, A NEGATIVE $4 MILLION 

1119
00:43:04,682 --> 00:43:07,284
IN NET WHOLESALE REVENUES. SO I 

1120
00:43:07,284 --> 00:43:09,186
WILL TURN IT BACK OVER TO EMEKA 

1121
00:43:09,186 --> 00:43:12,189
TO TALK A LITTLE BIT ABOUT THE  

1122
00:43:12,189 --> 00:43:13,490
DRIVERS BEHIND THE DECLINE AND  

1123
00:43:13,490 --> 00:43:17,094
THE OUTLOOK FOR 2023.  

1124
00:43:17,094 --> 00:43:18,963
>> THANK YOU. SO AS THE SLIDE  

1125
00:43:18,963 --> 00:43:21,465
SHOWS HERE, YOU CAN SEE WHERE W 

1126
00:43:21,465 --> 00:43:24,101
ARE LOOKING FORWARD NOW TO THE  

1127
00:43:24,101 --> 00:43:25,669
SPRING AND SUMMER RUNOFF SEASON 

1128
00:43:25,669 --> 00:43:27,404
AND LOOKING AT THE -- WHAT WE 

1129
00:43:27,404 --> 00:43:29,006
ANTICIPATE FOR OUR PROJECTS, AN 

1130
00:43:29,006 --> 00:43:32,509
AS YOU CAN SEE, AT THOSE SAME 

1131
00:43:32,509 --> 00:43:35,346
GAUGES, WE ARE, YOU KNOW, 89 AN 

1132
00:43:35,346 --> 00:43:37,481
90% OF NORMAL. STILL BELOW  

1133
00:43:37,481 --> 00:43:41,085
NORMAL, BUT WHAT HAS BEEN TRUE, 

1134
00:43:41,085 --> 00:43:42,720
THE SNOW PACK REMAINS CERTAINLY 

1135
00:43:42,720 --> 00:43:46,156
BETTER THAN WHAT THE LIQUID  

1136
00:43:46,156 --> 00:43:47,458
PRECIPITATION HAS BEEN TO THIS  

1137
00:43:47,458 --> 00:43:50,227
POINT, SO WE ARE WATCHING IT  

1138
00:43:50,227 --> 00:43:51,428
REALLY CLOSELY. WE ARE CERTAINL 

1139
00:43:51,428 --> 00:43:52,696
RECOGNIZING THAT A LOT DEPENDS  

1140
00:43:52,696 --> 00:43:54,431
ON THE TIMING AND INTENSITY OF  

1141
00:43:54,431 --> 00:43:56,634
THE RUNOFF AND SORT OF HOW IT  

1142
00:43:56,634 --> 00:43:58,669
MATERIALIZES IN THE DURATION OF 

1143
00:43:58,669 --> 00:43:59,269
IT. THERE'S DEFINITELY STILL 

1144
00:43:59,269 --> 00:44:02,072
UNCERTAINTY FOR THE YEAR. WE AR 

1145
00:44:02,072 --> 00:44:05,142
PLANNING AROUND THAT. WE ARE  

1146
00:44:05,142 --> 00:44:06,377
REALLY KEEPING A CLOSE EYE ON 

1147
00:44:06,377 --> 00:44:13,517
THAT. SO NEXT SLIDE SHOWS REALL 

1148
00:44:13,517 --> 00:44:15,419
WHAT HAS HAPPENED WITH WHOLESAL 

1149
00:44:15,419 --> 00:44:16,720
MARKET PRICES. AGAIN, THE PRICE 

1150
00:44:16,720 --> 00:44:18,022
ARE HIGH. THEY HAVE BEEN HIGH  

1151
00:44:18,022 --> 00:44:21,659
SINCE THE FOURTH QUARTER OF LAS 

1152
00:44:21,659 --> 00:44:23,527
YEAR. THEY REALLY STARTED TO  

1153
00:44:23,527 --> 00:44:25,863
DRIFT UPWARDS IN ABOUT THE LAST 

1154
00:44:25,863 --> 00:44:26,930
YEAR, AND THEY BECAME REALLY  

1155
00:44:26,930 --> 00:44:28,198
VOLATILE LATE LAST YEAR IN  

1156
00:44:28,198 --> 00:44:30,534
DECEMBER WITH THE SPIKES THAT  

1157
00:44:30,534 --> 00:44:33,137
YOU CAN SEE. THE PRICES DO SEEM 

1158
00:44:33,137 --> 00:44:34,738
TO BE STABILIZING SOMEWHAT. YOU 

1159
00:44:34,738 --> 00:44:38,142
CAN SEE THERE'S STILL SOME 

1160
00:44:38,142 --> 00:44:39,343
UNCERTAINTY, AND MARKET ANALYSI 

1161
00:44:39,343 --> 00:44:40,377
PROJECTS HIGHER THAN NORMAL 

1162
00:44:40,377 --> 00:44:42,479
PRICES FOR THE BALANCE OF THE 

1163
00:44:42,479 --> 00:44:46,383
YEAR. SO THE OTHER THING TO NOT 

1164
00:44:46,383 --> 00:44:48,619
ABOUT THIS, THE TRAJECTORY,  

1165
00:44:48,619 --> 00:44:51,021
HOPEFULLY DEPICTING HOW THE  

1166
00:44:51,021 --> 00:44:51,922
EXPOSURE CAN BE VOLATILE AND  

1167
00:44:51,922 --> 00:44:56,560
VERY TIME BASED. SO WITH THAT,  

1168
00:44:56,560 --> 00:45:01,065
WILL HAND IT BACK TO KIRSTY TO  

1169
00:45:01,065 --> 00:45:02,299
MOVE INTO THE WRAPUP. 

1170
00:45:02,299 --> 00:45:04,001
>> THIS IS THE MONTHLY VERSION 

1171
00:45:04,001 --> 00:45:06,970
OF THE COLORED BAR SLIDE YOU SA 

1172
00:45:06,970 --> 00:45:08,172
EARLIER. JANUARY, FEBRUARY,  

1173
00:45:08,172 --> 00:45:09,173
MARCH, AND THE NEGATIVE REVENUE 

1174
00:45:09,173 --> 00:45:11,075
THAT WE SAW THERE. AS WE MOVE  

1175
00:45:11,075 --> 00:45:14,311
INTO THE RUNOFF SEASON, AND IT  

1176
00:45:14,311 --> 00:45:15,345
HOPEFULLY FINALLY STARTS TO WAR 

1177
00:45:15,345 --> 00:45:18,182
UP, WE ARE HOPING TO SEE WATER  

1178
00:45:18,182 --> 00:45:21,785
GENERATION IN MAY AND JUNE, AND 

1179
00:45:21,785 --> 00:45:22,853
THEN THE SUMMER IS, YOU KNOW,  

1180
00:45:22,853 --> 00:45:25,355
ANOTHER TIME WHERE THERE'S A LO 

1181
00:45:25,355 --> 00:45:27,357
OF VARIATION IN SUPPLY AND  

1182
00:45:27,357 --> 00:45:28,592
DEMAND BECAUSE OF COOLING  

1183
00:45:28,592 --> 00:45:31,095
DEMAND, AND YOU KNOW, ESPECIALL 

1184
00:45:31,095 --> 00:45:32,663
IN AUGUST. YOU CAN SEE THERE  

1185
00:45:32,663 --> 00:45:34,398
THAT IT IS REFLECTING THAT, AND 

1186
00:45:34,398 --> 00:45:35,432
THEN THE WATER YEAR WILL RESET  

1187
00:45:35,432 --> 00:45:38,469
IN THE FALL AND GO TO THE END O 

1188
00:45:38,469 --> 00:45:39,937
THE YEAR. YOU KNOW, THIS IS WHA 

1189
00:45:39,937 --> 00:45:42,506
WE WILL BE WATCHING AS WE MOVE  

1190
00:45:42,506 --> 00:45:43,607
THROUGH THE RUNOFF AND SUMMER  

1191
00:45:43,607 --> 00:45:46,043
HEATING SEASON, AND AS WE MOVE  

1192
00:45:46,043 --> 00:45:47,144
TO THE NEXT RSA CHECK POINT AT  

1193
00:45:47,144 --> 00:45:53,083
THE END OF SEPTEMBER. SO THE  

1194
00:45:53,083 --> 00:45:55,419
LEGISLATION WE HAVE BEFORE  

1195
00:45:55,419 --> 00:45:58,989
COUNCIL IS TO REQUEST YOUR  

1196
00:45:58,989 --> 00:46:01,325
APPROVAL FOR THIS CASH TRANSFER 

1197
00:46:01,325 --> 00:46:04,027
THAT WILL FORSTALL THE JUNE 1  

1198
00:46:04,027 --> 00:46:05,762
SURCHARGE AND ALSO AUTHORIZES A 

1199
00:46:05,762 --> 00:46:07,331
POTENTIAL TRANSFER LATER IN THE 

1200
00:46:07,331 --> 00:46:10,667
YEAR IF IT IS NEEDED AND IF OUR 

1201
00:46:10,667 --> 00:46:11,535
FINANCIALS SUPPORT IT. OUR NEXT 

1202
00:46:11,535 --> 00:46:13,337
STEPS ALSO INCLUDE WORK WE WILL 

1203
00:46:13,337 --> 00:46:14,905
BE DOING WITHIN THE DEPARTMENT 

1204
00:46:14,905 --> 00:46:16,306
TO MANAGE THE WHOLESALE RISKS,  

1205
00:46:16,306 --> 00:46:19,443
AND I WILL TURN IT OVER TO EMEK 

1206
00:46:19,443 --> 00:46:20,677
TO CLOSE US OUT. 

1207
00:46:20,677 --> 00:46:23,113
>> YES, THANK YOU. SO THE LAST  

1208
00:46:23,113 --> 00:46:24,548
PART IS REALLY SORT OF, AGAIN,  

1209
00:46:24,548 --> 00:46:26,016
CONTINUING TO LOOK FORWARD. 

1210
00:46:26,016 --> 00:46:31,288
MONITORING THE RUNOFF AS I SAID 

1211
00:46:31,288 --> 00:46:33,090
AND FINDING THE HYDRO GENERATIO 

1212
00:46:33,090 --> 00:46:35,459
FORECAST. WE ARE TRYING TO BE  

1213
00:46:35,459 --> 00:46:37,161
ATTENTIVE TO THE TREND, THINGS  

1214
00:46:37,161 --> 00:46:39,596
ARE DRIER THAN PREDICTED. THAT  

1215
00:46:39,596 --> 00:46:41,231
MEANT WE ARE DOING FORWARD 

1216
00:46:41,231 --> 00:46:46,637
PURCHASING TO MAKE SURE WE ARE 

1217
00:46:46,637 --> 00:46:48,205
SECURING IN ADVANCE RESOURCES T 

1218
00:46:48,205 --> 00:46:50,507
MAKE IT THROUGH THE SUMMER 

1219
00:46:50,507 --> 00:46:53,644
DEPENDING HOW THINGS GO. THE  

1220
00:46:53,644 --> 00:46:54,978
CURRENT SITUATION IS A NEAR-TER 

1221
00:46:54,978 --> 00:46:57,915
SHOCK, BUT AS THE CHAIR SAID AT 

1222
00:46:57,915 --> 00:47:00,484
THE BEGINNING, IT'S REALLY --  

1223
00:47:00,484 --> 00:47:03,187
MOST OF OUR SOLUTIONS ARE  

1224
00:47:03,187 --> 00:47:06,156
DURABLE SOLUTIONS AND ARE  

1225
00:47:06,156 --> 00:47:08,826
LONG-TERM. WE DO SEE THIS AS  

1226
00:47:08,826 --> 00:47:10,460
BEEN AN INDICATIVE SHARE FOR TH 

1227
00:47:10,460 --> 00:47:11,128
MARKETPLACE. ONE SOLUTION IS  

1228
00:47:11,128 --> 00:47:12,896
SOMETHING WE TALKED ABOUT  

1229
00:47:12,896 --> 00:47:15,332
BEFORE. THE WORK WE HAVE DONE O 

1230
00:47:15,332 --> 00:47:16,600
THE INTEGRATED RESOURCE PLAN, 

1231
00:47:16,600 --> 00:47:19,970
CALLING FOR US TO ACQUIRE NEW 

1232
00:47:19,970 --> 00:47:21,205
RESOURCES. WE ISSUED AN RFP FOR 

1233
00:47:21,205 --> 00:47:23,507
THOSE RESOURCES AT THE BEGINNIN 

1234
00:47:23,507 --> 00:47:25,075
OF THE YEAR, WORKING THROUGH TH 

1235
00:47:25,075 --> 00:47:26,276
EVALUATION PROCESS, HOPING TO 

1236
00:47:26,276 --> 00:47:28,979
MOVE INTO CONTRACTING FOR THE 

1237
00:47:28,979 --> 00:47:30,480
LONG-TERM RESOURCES IN THE 

1238
00:47:30,480 --> 00:47:35,152
BALANCE OF THE YEAR. WE ARE  

1239
00:47:35,152 --> 00:47:36,186
CERTAINLY CONTINUING TO STAY  

1240
00:47:36,186 --> 00:47:37,487
NIMBLE AND ATTENTIVE TO THE 

1241
00:47:37,487 --> 00:47:39,289
BRIDGE OPPORTUNITIES AS WELL. I 

1242
00:47:39,289 --> 00:47:42,292
WE FIND THE OPPORTUNITIES TO 

1243
00:47:42,292 --> 00:47:43,126
SECURE THE ADDITIONAL RESOURCES 

1244
00:47:43,126 --> 00:47:45,362
WE ARE CONTINUING TO DO THAT AS 

1245
00:47:45,362 --> 00:47:49,199
WELL. THE OTHER PIECE IS THE  

1246
00:47:49,199 --> 00:47:51,001
BROADER MARKETPLACE AS IT IS  

1247
00:47:51,001 --> 00:47:54,671
CHANGING. WE TALKED ABOUT  

1248
00:47:54,671 --> 00:47:57,341
MARKETS AND TALKED ABOUT THE  

1249
00:47:57,341 --> 00:47:58,075
WESTERN RESOURCE ADVOCACY  

1250
00:47:58,075 --> 00:47:59,610
PROGRAM. THESE ARE ALL THINGS  

1251
00:47:59,610 --> 00:48:03,981
THAT HELP US REALLY IMPROVE THE 

1252
00:48:03,981 --> 00:48:06,316
VISIBILITY AND ACCESS AND STILL 

1253
00:48:06,316 --> 00:48:08,185
IN MANAGING AROUND A CHANGING 

1254
00:48:08,185 --> 00:48:09,353
MARKETPLACE. IN GENERAL, I THIN 

1255
00:48:09,353 --> 00:48:13,156
MOST OF US THINK THE LARGE  

1256
00:48:13,156 --> 00:48:14,358
ORGANIZED FOOTPRINTS WILL REALL 

1257
00:48:14,358 --> 00:48:16,059
HELP THE VOLATILITY ISSUE AND  

1258
00:48:16,059 --> 00:48:18,195
PROVIDE CLARITY FOR ALL OF US  

1259
00:48:18,195 --> 00:48:19,029
TRYING TO NAVIGATE THE ENERGY 

1260
00:48:19,029 --> 00:48:24,434
TRANSITION. I THINK THAT'S WHAT 

1261
00:48:24,434 --> 00:48:26,737
WE HAVE GOT. 

1262
00:48:26,737 --> 00:48:28,438
>> ALL RIGHT, THAT IS THE WHY 

1263
00:48:28,438 --> 00:48:33,143
BEFORE US. THANK YOU VERY MUCH  

1264
00:48:33,143 --> 00:48:35,412
FOR YOUR PRESENTATION. THAT DOE 

1265
00:48:35,412 --> 00:48:37,781
-- IT EXPLAINS THE TENSION THAT 

1266
00:48:37,781 --> 00:48:40,617
WE HAVE TO ALWAYS -- THAT  

1267
00:48:40,617 --> 00:48:45,922
EFFECTS US IN BETWEEN THE  

1268
00:48:45,922 --> 00:48:47,291
SHORT-TERM AND LONG-TERM. ERIC  

1269
00:48:47,291 --> 00:48:50,761
McCONAGHY CIRCULATED A MEMO THA 

1270
00:48:50,761 --> 00:48:52,396
GOES INTO DETAIL AS WELL. 

1271
00:48:52,396 --> 00:48:53,363
ANYTHING TO ADD TO THIS? 

1272
00:48:53,363 --> 00:48:56,767
>> THANK YOU FOR ASKING. IT'S A 

1273
00:48:56,767 --> 00:48:58,268
MECHANISM THAT EXISTS TO HELP  

1274
00:48:58,268 --> 00:49:00,604
OUT WITH THIS VERY THING, AND I 

1275
00:49:00,604 --> 00:49:03,340
THIS CASE, CITY LIGHT HAS CASH  

1276
00:49:03,340 --> 00:49:04,708
AVAILABLE WITH THE PROPOSAL 

1277
00:49:04,708 --> 00:49:05,943
BEFORE YOU TO STALL THE 

1278
00:49:05,943 --> 00:49:08,912
SURCHARGE, BUT I WOULD JUST LIK 

1279
00:49:08,912 --> 00:49:10,347
TO EMPHASIZE THAT FROM 

1280
00:49:10,347 --> 00:49:12,482
ANALYTICAL POINT OF VIEW, RSA I 

1281
00:49:12,482 --> 00:49:14,818
TO THE ADVANTAGE OF THE UTILITY 

1282
00:49:14,818 --> 00:49:16,787
AND RATE PAYERS, AND THE MACHIN 

1283
00:49:16,787 --> 00:49:19,523
WOULD FUNCTION IF WE WERE IN TH 

1284
00:49:19,523 --> 00:49:20,657
CIRCUMSTANCES WHERE CITY LIGHT 

1285
00:49:20,657 --> 00:49:23,894
DID NOT HAVE THE CASH SURPLUS. 

1286
00:49:23,894 --> 00:49:26,563
THAT UNDERSCORES THE THINGS THA 

1287
00:49:26,563 --> 00:49:28,131
EMEKA AND KIRSTY SAID ABOUT THE 

1288
00:49:28,131 --> 00:49:29,333
GENERAL VIABILITY AND STRENGTH 

1289
00:49:29,333 --> 00:49:31,768
OF THE UTILITY AS IT STANDS NOW 

1290
00:49:31,768 --> 00:49:33,437
>> GOT IT. IT'S A SO-CALLED  

1291
00:49:33,437 --> 00:49:38,408
RAINY DAY FUND IN A SENSE, AND  

1292
00:49:38,408 --> 00:49:40,444
HAD A QUESTION. DOES THE -- IT 

1293
00:49:40,444 --> 00:49:43,180
WAS MENTIONED IT WAS FORMED IN  

1294
00:49:43,180 --> 00:49:44,281
2010. DO OTHER PUBLIC UTILITIES 

1295
00:49:44,281 --> 00:49:47,217
-- IS THAT A COMMON PRACTICE IN 

1296
00:49:47,217 --> 00:49:50,921
THE WESTERN REGION?  

1297
00:49:50,921 --> 00:49:54,024
>> UM, I THINK IT'S PRETTY 

1298
00:49:54,024 --> 00:49:56,960
COMMON FOR ELECTRIC UTILITIES T 

1299
00:49:56,960 --> 00:49:59,029
HAVE A POWER COST ADJUSTMENT 

1300
00:49:59,029 --> 00:50:01,932
MECHANISM. MAYBE CITY LIGHT IS  

1301
00:50:01,932 --> 00:50:04,634
UNIQUE THAT SO MUCH POWER IS  

1302
00:50:04,634 --> 00:50:05,302
FROM HYDROPOWER. PUGET, I THINK 

1303
00:50:05,302 --> 00:50:06,503
THE POWER COST ADJUSTMENT IS  

1304
00:50:06,503 --> 00:50:10,474
MORE THE COST OF NATURAL GAS FO 

1305
00:50:10,474 --> 00:50:11,174
THE GAS-FIRED PLANTS. YEAH, I  

1306
00:50:11,174 --> 00:50:13,243
THINK THAT, YOU KNOW, THE  

1307
00:50:13,243 --> 00:50:15,545
OUTSIDE RISKS ARE SOMETHING THA 

1308
00:50:15,545 --> 00:50:18,815
ALL ELECTRIC UTILITIES FACE IN 

1309
00:50:18,815 --> 00:50:21,651
SOME WAY OR ANOTHER. 

1310
00:50:21,651 --> 00:50:22,753
>> THANK YOU. OKAY, AT THIS  

1311
00:50:22,753 --> 00:50:24,688
POINT, I WOULD LIKE TO OPEN THE 

1312
00:50:24,688 --> 00:50:26,923
FLOOR UP FOR QUESTIONS FROM MY  

1313
00:50:26,923 --> 00:50:28,058
COLLEAGUES BECAUSE WE ARE NOT  

1314
00:50:28,058 --> 00:50:29,559
GOING TO HAVE OUR VOTE UNTIL  

1315
00:50:29,559 --> 00:50:33,063
NEXT MEETING, SO NOW IS THE TIM 

1316
00:50:33,063 --> 00:50:36,366
TO GET YOUR QUESTIONS ON THE  

1317
00:50:36,366 --> 00:50:37,067
TABLE. GO AHEAD. STRAUSS? 

1318
00:50:37,067 --> 00:50:38,468
>> THANK YOU, CHAIR. THANK YOU  

1319
00:50:38,468 --> 00:50:41,405
ALL FOR COMING AND PRESENTING.  

1320
00:50:41,471 --> 00:50:43,673
IND IT'S A PRUDENT USE OF THE 

1321
00:50:43,673 --> 00:50:47,611
RSA FUNDS. THIS IS THE VERY  

1322
00:50:47,611 --> 00:50:50,547
PURPOSE OF THE FIXED FUND AND  

1323
00:50:50,547 --> 00:50:55,852
WHAT IT IS SET UP FOR. KIRSTY,  

1324
00:50:55,852 --> 00:50:56,653
APPRECIATE THE EXPLANATION  

1325
00:50:56,653 --> 00:50:58,188
BETWEEN THE FIXED FUND AND THE  

1326
00:50:58,188 --> 00:50:59,289
GENERATE PAYER FUND AND THE  

1327
00:50:59,289 --> 00:51:02,125
ATTENTION THERE TO MAKE SURE -- 

1328
00:51:02,125 --> 00:51:03,760
>> WE DO HAVE STRONG FINANCIAL 

1329
00:51:03,760 --> 00:51:05,896
OUTLOOK, AND HOW DO WE MAINTAIN 

1330
00:51:05,896 --> 00:51:08,365
THAT AND ENSURE WE ARE NOT 

1331
00:51:08,365 --> 00:51:10,901
ADDING SURCHARGES TO THE 

1332
00:51:10,901 --> 00:51:14,304
RESIDENTS? BECAUSE WE SET UP TH 

1333
00:51:14,304 --> 00:51:15,939
RSA TO DO JUST THIS. THANK YOU  

1334
00:51:15,939 --> 00:51:17,274
FOR BRINGING THIS FORWARD TO US 

1335
00:51:17,274 --> 00:51:19,109
I DON'T KNOW WHO IS CONTROLLING 

1336
00:51:19,109 --> 00:51:21,211
THE SLIDE, BUT IF YOU COULD PUL 

1337
00:51:21,211 --> 00:51:26,283
THAT BACK UP TO JUST LOOK AT OU 

1338
00:51:26,283 --> 00:51:26,950
DIFFERENT FORECASTS? WHEN WE  

1339
00:51:26,950 --> 00:51:28,285
WERE HAVING THE CONVERSATION  

1340
00:51:28,285 --> 00:51:32,456
AHEAD OF THE BRIEFING, WE WERE  

1341
00:51:32,456 --> 00:51:34,024
TALKING ABOUT NOT ONLY THE SNOW 

1342
00:51:34,024 --> 00:51:37,294
PACK, BUT THE COOL WEATHER AND  

1343
00:51:37,294 --> 00:51:40,297
THEN THE WARM WEATHER, AND THEN 

1344
00:51:40,297 --> 00:51:42,499
ALSO THE INFLUENCE OF WHEN THE  

1345
00:51:42,499 --> 00:51:44,835
SNOW MELTS VERY RAPIDLY, AND WE 

1346
00:51:44,835 --> 00:51:45,902
HAVE FLOODING BECAUSE, YOU KNOW 

1347
00:51:45,902 --> 00:51:49,206
JUST COMING IN TO WORK TODAY, I 

1348
00:51:49,206 --> 00:51:51,475
HAD THE CHOICE OF WEARING MY  

1349
00:51:51,475 --> 00:51:53,043
DOWN WINTER COAT OR MY SPRING  

1350
00:51:53,043 --> 00:51:55,011
COAT, AND I THINK TODAY WAS THE 

1351
00:51:55,011 --> 00:51:56,613
FIRST TIME I CHOSE THE SPRING  

1352
00:51:56,613 --> 00:52:00,884
COAT, AND I'M NOT SURE IT WAS  

1353
00:52:00,884 --> 00:52:02,119
THE RIGHT CHOICE. [ LAUGHTER ] 

1354
00:52:02,119 --> 00:52:04,020
WE ARE AT THE END OF APRIL, 

1355
00:52:04,020 --> 00:52:06,756
BASICALLY MAY, AND WE HAVE HAD  

1356
00:52:06,756 --> 00:52:08,158
VERY COLD SUMMER, AND WE WENT 

1357
00:52:08,158 --> 00:52:10,660
FROM A WARM FALL TO A COLD 

1358
00:52:10,660 --> 00:52:13,096
WINTER, AND IT SEEMS LIKE IT'S 

1359
00:52:13,096 --> 00:52:14,264
THE DRASTIC TRANSITION AGAIN. 

1360
00:52:14,264 --> 00:52:17,901
THE REASON I BRING THIS UP, I 

1361
00:52:17,901 --> 00:52:23,974
BELIEVE IT'S THE ARMY CORPS OF  

1362
00:52:23,974 --> 00:52:26,243
ENGINEERS TAKING OVER OUR DAMS 

1363
00:52:26,243 --> 00:52:28,044
DURING FLOODING. MAYBE YOU CAN  

1364
00:52:28,044 --> 00:52:29,779
EXPLAIN HOW FLOODING AND RAPID  

1365
00:52:29,779 --> 00:52:31,781
MELTING OF SNOW CAN ACTUALLY  

1366
00:52:31,781 --> 00:52:32,749
CAUSE PROBLEMS FOR US. 

1367
00:52:32,749 --> 00:52:35,952
>> YEAH, I CAN TRY TO PROVIDE 

1368
00:52:35,952 --> 00:52:37,053
COLOR THERE. SO, YOU KNOW, A  

1369
00:52:37,053 --> 00:52:40,357
COUPLE OF THINGS WE WATCH. AS  

1370
00:52:40,357 --> 00:52:43,560
YOU SAID, HOW THE SNOW PACK 

1371
00:52:43,560 --> 00:52:47,063
MELTS, AND HOW THE SNOW MELT 

1372
00:52:47,063 --> 00:52:48,398
MATERIALIZES IS IMPACTFUL. WE  

1373
00:52:48,398 --> 00:52:49,699
HAVE RESPONSIBILITIES AROUND OU 

1374
00:52:49,699 --> 00:52:56,706
PROJECTS WITH RESPECT TO  

1375
00:52:56,706 --> 00:52:58,008
MANAGING THE FLOODING. AROUND  

1376
00:52:58,008 --> 00:52:59,843
SKAGIT HAS MENTIONED, THERE'S  

1377
00:52:59,843 --> 00:53:02,512
CONDITIONS UNDER WHICH THE ARMY 

1378
00:53:02,512 --> 00:53:03,613
CORPS OF ENGINEERS TAKING  

1379
00:53:03,613 --> 00:53:06,650
CONTROL OF THE FLOWS TO MANAGE  

1380
00:53:06,650 --> 00:53:07,984
THE FLOODING. SO WE ARE STILL,  

1381
00:53:07,984 --> 00:53:10,053
YOU KNOW, SORT OF WATCHING THAT 

1382
00:53:10,053 --> 00:53:11,821
VERY CLOSELY. IT REMAINS TO BE  

1383
00:53:11,821 --> 00:53:12,856
SEEN HOW QUICKLY THE WEATHER  

1384
00:53:12,856 --> 00:53:15,692
WILL WARM UP AND HOW QUICKLY AS 

1385
00:53:15,692 --> 00:53:16,726
WE TALKED ABOUT EARLIER, SOIL  

1386
00:53:16,726 --> 00:53:17,661
CONDITIONS, HOW MUCH WILL SEEP  

1387
00:53:17,661 --> 00:53:19,696
INTO THE GROUND, AND HOW MUCH  

1388
00:53:19,696 --> 00:53:20,564
WILL RUN OFF. THAT'S ALL IN  

1389
00:53:20,564 --> 00:53:24,301
PLAY, AND WE HAVE TO MANAGE  

1390
00:53:24,301 --> 00:53:25,368
AROUND THAT. WE CERTAINLY DON'T 

1391
00:53:25,368 --> 00:53:26,436
WANT THE OVERLY RAPID MELT  

1392
00:53:26,436 --> 00:53:29,472
LEADING TO US SPILLING A LOT OF 

1393
00:53:29,472 --> 00:53:32,042
THE WATER WHICH IS OUR FUEL,  

1394
00:53:32,042 --> 00:53:32,642
OBVIOUSLY, FOR GENERATING  

1395
00:53:32,642 --> 00:53:33,743
ELECTRICITY. TRYING TO HAVE THA 

1396
00:53:33,743 --> 00:53:35,812
HAPPEN IN A WAY WHERE WE CAN  

1397
00:53:35,812 --> 00:53:36,746
MANAGE THE FLOODING, AND WE  

1398
00:53:36,746 --> 00:53:38,348
DON'T HAVE TO SPILL A LOT, BUT  

1399
00:53:38,348 --> 00:53:40,217
WE ARE ALSO ABLE TO GENERATE. 

1400
00:53:40,217 --> 00:53:41,518
>> THAT'S GREAT. I'M GOING TO  

1401
00:53:41,518 --> 00:53:45,655
TAKE IT ANOTHER LEVEL. WE HAVE  

1402
00:53:45,655 --> 00:53:47,157
VERY DRY SOIL, MEANING IT CAN'T 

1403
00:53:47,157 --> 00:53:49,392
SOAK UP WATER RAPIDLY WHEN WE  

1404
00:53:49,392 --> 00:53:51,027
HAVE, YOU KNOW, VERY WET SOIL,  

1405
00:53:51,027 --> 00:53:54,064
WE ARE ABLE TO SOAK THE MELT UP 

1406
00:53:54,064 --> 00:53:55,665
QUICKLY, AND WHEN WE HAVE DRY  

1407
00:53:55,665 --> 00:53:57,634
SOIL, IT ALL FLOODS INTO THE  

1408
00:53:57,634 --> 00:53:59,836
LAKES, WHICH THEN THE ARMY CORP 

1409
00:53:59,836 --> 00:54:01,471
OF ENGINEERS TELLING US WE HAVE 

1410
00:54:01,471 --> 00:54:02,639
TO RELEASE THE STORAGE, WHETHER 

1411
00:54:02,639 --> 00:54:06,009
WE WANT TO OR NOT, AND YOU KNOW 

1412
00:54:06,009 --> 00:54:08,178
WE SEE A GOOD SNOW PACK UP THER 

1413
00:54:08,178 --> 00:54:10,046
RIGHT NOW, AND THAT'S NOT AS BA 

1414
00:54:10,046 --> 00:54:13,917
AS IT COULD BE, BUT WE MIGHT NO 

1415
00:54:13,917 --> 00:54:16,219
BE ABLE TO RETAIN ALL OF THE  

1416
00:54:16,219 --> 00:54:18,588
SNOW PACK BECAUSE, IF FLOODING 

1417
00:54:18,588 --> 00:54:21,157
OCCURS, WE HAVE TO RELEASE THE 

1418
00:54:21,157 --> 00:54:23,360
STORAGE. AT THE VERY SAME TIME  

1419
00:54:23,360 --> 00:54:25,228
OUR CUSTOMERS ARE USING MORE 

1420
00:54:25,228 --> 00:54:28,398
ELECTRICITY TO STAY WARM, AND 

1421
00:54:28,398 --> 00:54:29,065
THEN RAPIDLY TRANSITIONING TO 

1422
00:54:29,065 --> 00:54:34,571
USING MORE ELECTRICITY TO STAY 

1423
00:54:34,571 --> 00:54:35,805
COOL. THIS IS JUST A VERY  

1424
00:54:35,805 --> 00:54:36,473
INTERESTING INTERSECTION, AND  

1425
00:54:36,473 --> 00:54:38,808
YOUR ABILITY TO PLAN FOR THIS  

1426
00:54:38,808 --> 00:54:39,943
WITH SO MANY UNKNOWNS, IT'S JUS 

1427
00:54:39,943 --> 00:54:42,579
INCREDIBLE. THANK YOU.  

1428
00:54:42,579 --> 00:54:43,680
>> THANK YOU. 

1429
00:54:43,680 --> 00:54:44,114
>> THANK YOU. 

1430
00:54:44,114 --> 00:54:46,983
>> I THINK THE UNKNOWN WILL BE 

1431
00:54:46,983 --> 00:54:48,451
THE OPERATING PRINCIPLE GOING 

1432
00:54:48,451 --> 00:54:51,454
FORWARD BECAUSE WE ARE SEEING 

1433
00:54:51,454 --> 00:54:52,922
THAT THE EXCEPTION IS BECOMING 

1434
00:54:52,922 --> 00:54:54,991
THE NORM IN SEASON TO SEASON AN 

1435
00:54:54,991 --> 00:54:56,993
YEAR TO YEAR. I WILL NOTE THAT  

1436
00:54:56,993 --> 00:54:59,596
IN MY REAL LIFE, I NOTICED THIS 

1437
00:54:59,596 --> 00:55:02,666
BECAUSE IN OCTOBER, THERE WERE  

1438
00:55:02,666 --> 00:55:06,670
NO MUSHROOMS OR NOVEMBER, AND  

1439
00:55:06,670 --> 00:55:10,407
I'M A CARD-CARRYING MEMBER OF  

1440
00:55:10,407 --> 00:55:11,441
THE PUGET SOUND MICROBIOLOGY 

1441
00:55:11,441 --> 00:55:12,142
SOCIETY, AND THERE WERE FEW 

1442
00:55:12,142 --> 00:55:14,811
SAMPLES FROM THE WESTERN SIDE O 

1443
00:55:14,811 --> 00:55:17,080
THE MOUNTAIN. THAT'S HOW I  

1444
00:55:17,080 --> 00:55:17,847
NOTICED IT. ANYWAY, ANY OTHER  

1445
00:55:17,847 --> 00:55:20,317
QUESTIONS OR COMMENTS? ALL  

1446
00:55:20,317 --> 00:55:21,785
RIGHT, WE WILL CONTINUE THIS AT 

1447
00:55:21,785 --> 00:55:26,022
THE NEXT MEETING. THANK YOU VER 

1448
00:55:26,022 --> 00:55:27,757
MUCH. I APPRECIATE YOU COMING 

1449
00:55:27,757 --> 00:55:28,491
FORWARD AND PROVIDING THIS 

1450
00:55:28,491 --> 00:55:28,825
PRESENTATION. 

1451
00:55:28,825 --> 00:55:33,296
>> THANK YOU. I LIKE MUSHROOMS, 

1452
00:55:33,296 --> 00:55:33,496
TOO. 

1453
00:55:33,496 --> 00:55:33,830
>> YEP. 

1454
00:55:40,203 --> 00:55:42,305
OKAY, WELL, WOULD YOU PLEASE 

1455
00:55:42,305 --> 00:55:48,011
READ THE NEXT ITEM INTO THE 

1456
00:55:48,011 --> 00:55:48,244
AGENDA? 

1457
00:55:48,244 --> 00:55:50,847
>> ITEM FIVE, COUNCIL BILL 

1458
00:55:50,847 --> 00:55:52,215
120537. AN ORDINANCE RELATING T 

1459
00:55:52,215 --> 00:55:54,751
DOWNTOWN BUSINESS IMPROVEMENT 

1460
00:55:54,751 --> 00:55:55,885
AREAS, ESTABLISHING A NEW 

1461
00:55:55,885 --> 00:55:57,821
TEN-YEAR BUSINESS IMPROVEMENT 

1462
00:55:57,821 --> 00:56:07,964
AREA TO BE KNOWN AS THE  

1463
00:56:07,964 --> 00:56:08,498
METROPOLITAN IMPROVEMENT 

1464
00:56:08,498 --> 00:56:10,400
DISTRICT, LEVYING ASSESSMENTS 

1465
00:56:10,400 --> 00:56:12,769
UPON OWNERS OF COMMERCIAL 

1466
00:56:12,769 --> 00:56:13,269
PROPERTY, MULTIFAMILY 

1467
00:56:13,269 --> 00:56:15,572
RESIDENTIAL PROPERTIES AND 

1468
00:56:15,572 --> 00:56:17,440
MIXED-USE PROPERTY WITHIN THE 

1469
00:56:17,440 --> 00:56:21,144
AREA, PROVIDING FOR THE DEPOSIT 

1470
00:56:21,144 --> 00:56:26,516
AND EXPENDITURES THERE FROM. 

1471
00:56:26,516 --> 00:56:28,818
PROVIDING FOR THE COLLECTION OF 

1472
00:56:28,818 --> 00:56:31,421
AND PENALTIES FOR DELINQUENCIES 

1473
00:56:31,421 --> 00:56:34,290
AND PROVIDING FOR THE 

1474
00:56:34,290 --> 00:56:37,393
ESTABLISHMENT OF A RATEPAYER 

1475
00:56:37,393 --> 00:56:38,661
ADVISORY BOARD PROVIDING FOR AN 

1476
00:56:38,661 --> 00:56:41,431
IMPLEMENTATION AGREEMENT WITH A 

1477
00:56:41,431 --> 00:56:41,831
PROGRAM MANAGER. 

1478
00:56:41,831 --> 00:56:45,101
>> IN OLYMPIA I NOTICED IT'S A 

1479
00:56:45,101 --> 00:56:48,438
TRADITION OF SAYING LAST LINE. 

1480
00:56:48,438 --> 00:56:55,578
WE HAVE PRESENTERS. PLEASE  

1481
00:56:55,578 --> 00:56:56,980
INTRODUCE YOURSELVES. 

1482
00:56:56,980 --> 00:57:00,216
>> GOOD MORNING. CHAIR NELSON,  

1483
00:57:00,216 --> 00:57:03,286
COMMITTEE MEMBERS, I'M THE  

1484
00:57:03,286 --> 00:57:04,654
DEPUTY DIRECTOR OF OFFICE  

1485
00:57:04,654 --> 00:57:05,155
ECONOMIC DEVELOPMENT, 

1486
00:57:05,155 --> 00:57:06,156
REPRESENTING OUR DIRECTOR, AND 

1487
00:57:06,156 --> 00:57:08,491
I'M ALSO HERE WITH OUR STAFF 

1488
00:57:08,491 --> 00:57:13,396
PERSONS, AND I WILL HAVE THEM 

1489
00:57:13,396 --> 00:57:14,230
INTRODUCE THEMSELVES. VERY HAPP 

1490
00:57:14,230 --> 00:57:17,100
AND ALSO HERE WITH MEMBERS OF  

1491
00:57:17,100 --> 00:57:18,868
THE DOWNTOWN SEATTLE ASSOCIATIO 

1492
00:57:18,868 --> 00:57:20,870
AND WILL HAVE THEM REPRESENT. 

1493
00:57:20,870 --> 00:57:24,841
THIS IS A WONDERFUL OPPORTUNITY 

1494
00:57:24,841 --> 00:57:28,411
HERE TO DISCUSS THE RENEWAL OF 

1495
00:57:28,411 --> 00:57:30,947
THE METROPOLITAN IMPROVEMENT  

1496
00:57:30,947 --> 00:57:36,486
DISTRICT, ALSO KNOWN AS THE 

1497
00:57:36,486 --> 00:57:36,719
M.I.D. 

1498
00:57:36,719 --> 00:57:42,258
>> I'M JON SCHOLES, PROGRAM  

1499
00:57:42,258 --> 00:57:47,564
MANAGER FOR M.I.D.  

1500
00:57:47,564 --> 00:57:48,965
>> GOOD MORNING, COUNCILMEMBERS 

1501
00:57:48,965 --> 00:57:52,735
I'M PHILIP SID THE M.I.D. 

1502
00:57:52,735 --> 00:57:53,002
ADVOCATE. 

1503
00:57:53,002 --> 00:57:53,603
>> THANK YOU. 

1504
00:57:53,603 --> 00:57:54,604
>> I'M JASMINE MARWAHA WITH 

1505
00:57:54,604 --> 00:57:55,505
COUNCIL CENTRAL STAFF. 

1506
00:57:55,505 --> 00:57:57,640
>> THANK YOU VERY MUCH. AT THE  

1507
00:57:57,640 --> 00:57:59,909
LAST MEETING, I OPENED WITH A  

1508
00:57:59,909 --> 00:58:03,446
THOUGHT EXPERIMENT, AND OTHER  

1509
00:58:03,446 --> 00:58:05,281
PEOPLE ENGAGED IN AS WELL, 

1510
00:58:05,281 --> 00:58:06,416
BASICALLY THE QUESTION WAS WHAT 

1511
00:58:06,416 --> 00:58:09,853
WOULD DOWNTOWN BE LIKE WITHOUT 

1512
00:58:09,853 --> 00:58:14,090
THE M.I.D.? I JUST WANT TO PAUS 

1513
00:58:14,090 --> 00:58:17,994
FOR A MOMENT AND PULL UP SLIDE  

1514
00:58:17,994 --> 00:58:22,365
NUMBER OF THE DSA PRESENTATION  

1515
00:58:22,365 --> 00:58:24,300
LAST TIME. THERE IT IS. I WAS  

1516
00:58:24,300 --> 00:58:25,134
MENTIONING THE LIGHTS AND 

1517
00:58:25,134 --> 00:58:29,005
PROGRAMMING AND WHAT WE SAW IN 

1518
00:58:29,005 --> 00:58:29,672
THE PRESENTATION. M.I.D. WAS  

1519
00:58:29,672 --> 00:58:32,342
ABLE TO ACCOMPLISH JUST IN MARC 

1520
00:58:32,342 --> 00:58:35,178
OF THIS LAST YEAR. AND THIS WOR 

1521
00:58:35,178 --> 00:58:39,115
HAS BEEN GOING ON FOR THE LAST  

1522
00:58:39,115 --> 00:58:42,418
24 YEARS. THE M.I.D. AMBASSADOR 

1523
00:58:42,418 --> 00:58:44,888
HAVE BEEN CLEANING AND RENDERIN 

1524
00:58:44,888 --> 00:58:46,856
SERVICE, AND HELPING WITH THE  

1525
00:58:46,856 --> 00:58:49,025
ENGAGEMENT OF OUR URBAN SPACES  

1526
00:58:49,025 --> 00:58:54,030
AND MAKING DOWNTOWN A BETTER  

1527
00:58:54,030 --> 00:58:55,598
PLACE FOR EVERYBODY FOR THE PAS 

1528
00:58:55,598 --> 00:58:58,234
24 YEARS. WHAT WE HAVE BEFORE U 

1529
00:58:58,234 --> 00:59:03,039
IS THE REAUTHORIZATION OF M.I.D 

1530
00:59:03,039 --> 00:59:05,942
THIS VERSION WILL EXPIRE ON JUN 

1531
00:59:05,942 --> 00:59:08,945
30th , AND WE ARE RENEWING THE 

1532
00:59:08,945 --> 00:59:12,849
LEGISLATION BEFORE US -- 

1533
00:59:12,849 --> 00:59:13,616
RENEWING THE AUTHORIZATION FOR 

1534
00:59:13,616 --> 00:59:15,885
ANOTHER TEN YEARS. SO WHEN I WA 

1535
00:59:15,885 --> 00:59:20,857
TALKING ABOUT HOW LUCKY WE ARE  

1536
00:59:20,857 --> 00:59:25,028
AS A CITY TO HAVE THIS RESOURCE 

1537
00:59:25,028 --> 00:59:27,563
THAT IS REALLY PROVIDING  

1538
00:59:27,563 --> 00:59:30,633
ESSENTIAL BASIC SERVICES TO THE 

1539
00:59:30,633 --> 00:59:33,803
PEOPLE OF DOWNTOWN AND ITS  

1540
00:59:33,803 --> 00:59:35,104
VISITORS AND WORKERS, I REALLY  

1541
00:59:35,104 --> 00:59:37,440
EMPHASIZED THE POINT THAT THE  

1542
00:59:37,440 --> 00:59:40,009
PROPERTY OWNERS HAVE CHOSEN TO  

1543
00:59:40,009 --> 00:59:42,712
STEWARD OUR DOWNTOWN SPACES FOR 

1544
00:59:42,712 --> 00:59:45,748
US, AND I, AS A CITY LEADER, I  

1545
00:59:45,748 --> 00:59:47,884
AM VERY FORTUNATE, AND I THINK  

1546
00:59:47,884 --> 00:59:49,519
THAT WE SHOULD ALL FEEL VERY  

1547
00:59:49,519 --> 00:59:52,121
GRATEFUL. I WAS NOT ALONE IN TH 

1548
00:59:52,121 --> 00:59:54,290
SENTIMENTS. I JUST WANT TO PUT  

1549
00:59:54,290 --> 00:59:58,461
IN FOR THE RECORD, DURING PUBLI 

1550
00:59:58,461 --> 01:00:00,597
COMMENT LAST MEETING, ON APRIL  

1551
01:00:00,597 --> 01:00:03,599
12th. NINE PEOPLE SPOKE IN  

1552
01:00:03,599 --> 01:00:07,603
PERSON, AND ONE SPOKE REMOTELY  

1553
01:00:07,603 --> 01:00:10,006
IN FAVOR OF THE SESSION. PUBLIC 

1554
01:00:10,006 --> 01:00:11,975
HEARING 37 IN FAVOR, AND ONE  

1555
01:00:11,975 --> 01:00:13,176
PERSON REMOTELY IN OPPOSTION. I 

1556
01:00:13,176 --> 01:00:16,913
JUST WANT TO PUT ON THE RECORD 

1557
01:00:16,913 --> 01:00:18,915
THAT WE ALSO HAVE A ROOM FULL O 

1558
01:00:18,915 --> 01:00:20,516
PEOPLE SAYING YOUR SIGNS READ W 

1559
01:00:20,516 --> 01:00:24,087
NEED THE M.I.D. I LOVE THE  

1560
01:00:24,087 --> 01:00:26,122
M.I.D., AND THERE IS A LOT OF  

1561
01:00:26,122 --> 01:00:27,724
ENTHUSIASM FOR THE LEGISLATION  

1562
01:00:27,724 --> 01:00:28,958
GOING FORWARD. I WANT TO PROVID 

1563
01:00:28,958 --> 01:00:30,526
THE OPPORTUNITY NOW FOR FOLKS A 

1564
01:00:30,526 --> 01:00:37,467
THE TABLE TO SAY A FEW WORDS.  

1565
01:00:37,467 --> 01:00:39,002
I'M HAPPY TO RESPOND TO ANY 

1566
01:00:39,002 --> 01:00:41,437
QUESTIONS, BUT FOLLOWING UP ON 

1567
01:00:41,437 --> 01:00:48,678
THE COMMENTS AND PRESENTATION 

1568
01:00:48,678 --> 01:00:51,981
FROM  APRIL 12th, THE PROPERTY 

1569
01:00:51,981 --> 01:00:54,617
OWNER COMMUNITY -- INVESTING 

1570
01:00:54,617 --> 01:00:57,320
MORE IN THE PROPOSAL BEFORE YOU 

1571
01:00:57,320 --> 01:01:00,323
THAN WHAT WE WILL COLLECT THIS 

1572
01:01:00,323 --> 01:01:01,391
YEAR. $3MILLION MORE IN  

1573
01:01:01,391 --> 01:01:02,625
SERVICES, AND THE GREAT PEOPLE  

1574
01:01:02,625 --> 01:01:04,527
BEHIND ME, AND THOSE OUT ON THE 

1575
01:01:04,527 --> 01:01:05,995
STREETS WANT TO CONTINUE TO  

1576
01:01:05,995 --> 01:01:09,465
PROVIDE THE GREAT SERVICE THEY  

1577
01:01:09,465 --> 01:01:12,201
DO EACH AND EVERY DAY. WE  

1578
01:01:12,201 --> 01:01:14,337
BELIEVE THE SERVICES, THE 

1579
01:01:14,337 --> 01:01:17,040
INVESTMENTS AND SERVICES ARE 

1580
01:01:17,040 --> 01:01:21,010
CRITICAL AND FOUNDATIONAL TO TH 

1581
01:01:21,010 --> 01:01:22,011
REVITALIZATION OF DOWNTOWN. 

1582
01:01:22,011 --> 01:01:23,780
EVERYONE BENEFITS FROM THEM. 

1583
01:01:23,780 --> 01:01:25,581
EARNLY THE FOLKS MAKING THE 

1584
01:01:25,581 --> 01:01:26,816
INVESTMENT AND SHOPPING AND 

1585
01:01:26,816 --> 01:01:29,686
LIVING AND VISIT, AND THOSE 

1586
01:01:29,686 --> 01:01:32,221
FOLKS WHO ARE COMING FROM 

1587
01:01:32,221 --> 01:01:34,257
THROUGHOUT THE CITY AND REGIONS 

1588
01:01:34,257 --> 01:01:35,625
AND HAPPY TO ANSWER ANY 

1589
01:01:35,625 --> 01:01:36,993
ADDITIONAL QUESTIONS THAT THE 

1590
01:01:36,993 --> 01:01:38,828
COMMITTEE MAY HAVE ON THE 

1591
01:01:38,828 --> 01:01:42,365
BUSINESS PLAN BEFORE YOU, BUT 

1592
01:01:42,365 --> 01:01:43,366
WANT TO REFLECT THE STRONG 

1593
01:01:43,366 --> 01:01:45,068
SUPPORT FROM THE COMMUNITY AND 

1594
01:01:45,068 --> 01:01:46,302
THE PROPERTY OWNERS AND THE DEE 

1595
01:01:46,302 --> 01:01:47,737
COMMITMENT FROM OUR TEAM TO SHO 

1596
01:01:47,737 --> 01:01:49,505
UP EVERY DAY AND PROVIDE THE 

1597
01:01:49,505 --> 01:01:51,708
CRITICAL SERVICE. 

1598
01:01:51,708 --> 01:01:56,212
>> THANK YOU. YOU DID MENTION  

1599
01:01:56,212 --> 01:01:58,014
ADDITIONAL INVESTMENT, AND THE  

1600
01:01:58,014 --> 01:02:00,983
BUDGET FOR THIS YEAR, I BELIEVE 

1601
01:02:00,983 --> 01:02:07,256
WILL BE 18 MILLION, AND 18.3  

1602
01:02:07,256 --> 01:02:09,959
MILLION ANNUALLY, BASED ON  

1603
01:02:09,959 --> 01:02:10,693
FISCAL YEAR 2023-$2,024, AND  

1604
01:02:10,693 --> 01:02:11,961
CURRENT AN INCREASE FROM 15.5  

1605
01:02:11,961 --> 01:02:15,965
MILLION, AND SO WHERE DOES THAT 

1606
01:02:15,965 --> 01:02:16,599
MONEY COME FROM? THE  

1607
01:02:16,599 --> 01:02:17,700
REAUTHORIZATION DOES ADD AN 

1608
01:02:17,700 --> 01:02:18,968
ADDITIONAL 20 PROPERTIES, BY 

1609
01:02:18,968 --> 01:02:20,770
MOVING THE SOUTHERN BORDER OF 

1610
01:02:20,770 --> 01:02:22,105
THE M.I.D. A LITTLE SOUTH, AND 

1611
01:02:22,105 --> 01:02:29,312
THERE ARE SOME CHANGES TO THE 

1612
01:02:29,312 --> 01:02:32,148
RATE STRUCTURE, HOTELS THEIR 

1613
01:02:32,148 --> 01:02:36,786
ROOM RATE FROM 97 TO 125, AND 

1614
01:02:36,786 --> 01:02:40,123
THE RESIDENTIAL RATE FOR CONDO 

1615
01:02:40,123 --> 01:02:41,591
OWNERS IS INCREASING FROM 152 T 

1616
01:02:41,591 --> 01:02:43,192
195, PHASED IN OVER TWO YEARS, 

1617
01:02:43,192 --> 01:02:45,795
AND THOSE ARE SOME OF THE MAIN 

1618
01:02:45,795 --> 01:02:49,432
CHANGES, AND THAT MONEY WILL 

1619
01:02:49,432 --> 01:02:52,335
PRIMARILY BE SPENT ON ADDITIONA 

1620
01:02:52,335 --> 01:02:53,669
CLEANING SERVICES AND ADDITIONA 

1621
01:02:53,669 --> 01:02:55,138
INVESTMENTS IN WAGES AND 

1622
01:02:55,138 --> 01:02:57,507
BENEFITS FOR OUR AMBASSADORS AN 

1623
01:02:57,507 --> 01:02:59,509
ALSO PAY FOR SOME ADDITIONAL 

1624
01:02:59,509 --> 01:03:02,011
SECURITY AS I UNDERSTAND IT. AR 

1625
01:03:02,011 --> 01:03:03,679
THERE ANY QUESTIONS OR OTHER 

1626
01:03:03,679 --> 01:03:08,851
COMMENTS FROM PRESENTERS?  

1627
01:03:08,851 --> 01:03:09,352
>> YEAH.  

1628
01:03:09,352 --> 01:03:09,752
>> GO AHEAD. 

1629
01:03:09,752 --> 01:03:11,287
>> COUNCILMEMBER JUAREZ. 

1630
01:03:11,287 --> 01:03:13,055
>> THANK YOU VERY MUCH. 

1631
01:03:13,055 --> 01:03:13,356
>> JUAREZ? 

1632
01:03:13,356 --> 01:03:15,725
>> THANK YOU, I'M GLAD YOU CAN 

1633
01:03:15,725 --> 01:03:16,025
SEE ME. 

1634
01:03:16,025 --> 01:03:19,962
>> FIRST OF ALL, I WANT TO THAN 

1635
01:03:19,962 --> 01:03:21,664
-- WELL, THANK EVERYBODY FOR 

1636
01:03:21,664 --> 01:03:23,733
YOUR LEADERSHIP ON THIS, MADAM 

1637
01:03:23,733 --> 01:03:25,168
CHAIR. ON THE M.I.D., I DON'T  

1638
01:03:25,168 --> 01:03:27,804
THINK I HAVE HEARD ANYONE  

1639
01:03:27,804 --> 01:03:29,505
AGAINST THE WHOLE PROPOSITION O 

1640
01:03:29,505 --> 01:03:32,341
THE TEN-YEAR, AND THE RENEWAL  

1641
01:03:32,341 --> 01:03:33,809
AND THE EXPANSION, BUT THANK  

1642
01:03:33,809 --> 01:03:35,244
YOU, JASMINE FOR THE MEMO GOING 

1643
01:03:35,244 --> 01:03:36,479
THROUGH THE WHOLE ANALYSIS AND 

1644
01:03:36,479 --> 01:03:38,681
THE BACKGROUND AND ESTABLISHING 

1645
01:03:38,681 --> 01:03:41,984
I HAVE THREE QUESTIONS, REALLY 

1646
01:03:41,984 --> 01:03:45,521
JUST BRIEFLY. I APOLOGIZE IF I  

1647
01:03:45,521 --> 01:03:46,289
DIDN'T QUITE UNDERSTAND. ON THE 

1648
01:03:46,289 --> 01:03:47,790
COUNCIL BILL ITSELF AND WHAT IT 

1649
01:03:47,790 --> 01:03:49,158
WOULD ESTABLISH, I SEE IT'S 

1650
01:03:49,158 --> 01:03:50,293
GOING TO ESTABLISH, THREE 

1651
01:03:50,293 --> 01:03:51,627
QUESTIONS FOR YOU GUYS. NUMBER 

1652
01:03:51,627 --> 01:03:54,530
ONE, IS THIS THE FIRST TIME THA 

1653
01:03:54,530 --> 01:03:58,134
WE HAVE ESTABLISHED AN ADVISORY 

1654
01:03:58,134 --> 01:04:00,036
BOARD? AND NUMBER TWO, WHEN  

1655
01:04:00,036 --> 01:04:02,505
WOULD WE GET AN UPDATE OF THE  

1656
01:04:02,505 --> 01:04:04,207
ACTUAL BOARD? AND NUMBER THREE, 

1657
01:04:04,207 --> 01:04:06,642
WHAT TYPE OF PUBLIC AGENCIES  

1658
01:04:06,642 --> 01:04:08,044
WERE YOU CONTEMPLATING THAT MAY 

1659
01:04:08,044 --> 01:04:08,678
BE POSSIBLE OR HAVE  

1660
01:04:08,678 --> 01:04:12,748
REPRESENTATION ON THE BOARD?  

1661
01:04:12,748 --> 01:04:15,818
>> SO I CAN TAKE THE FIRST 

1662
01:04:15,818 --> 01:04:18,688
QUESTION. IN TERMS OF THERE IS  

1663
01:04:18,688 --> 01:04:19,655
RATE ADVISORY BOARD WITH EACH 

1664
01:04:19,655 --> 01:04:23,459
BUSINESS IMPROVEMENT AREA. 

1665
01:04:23,459 --> 01:04:23,759
>> UH-UH. 

1666
01:04:23,759 --> 01:04:24,827
>> GENERALLY RECOMMENDED BY THE 

1667
01:04:24,827 --> 01:04:28,231
CURRENT PROGRAM MANAGER OF THE 

1668
01:04:28,231 --> 01:04:28,464
B.I.A. 

1669
01:04:28,464 --> 01:04:28,764
>> UH-UH. 

1670
01:04:28,764 --> 01:04:30,066
>> ANNUALLY, THE PROGRAM MANAGE 

1671
01:04:30,066 --> 01:04:32,268
OF THE B.I.A. WILL LET THE CITY 

1672
01:04:32,268 --> 01:04:34,704
KNOW WHO IS GOING TO BE 

1673
01:04:34,704 --> 01:04:38,774
NOMINATED AND APPOINTED TO THE 

1674
01:04:38,774 --> 01:04:40,443
RATE PAYER ADVISORY BOARD. JON, 

1675
01:04:40,443 --> 01:04:41,510
CAN YOU TAKE NUMBER THREE, WHAT 

1676
01:04:41,510 --> 01:04:43,546
OTHER ORGANIZATIONS ARE PART OF 

1677
01:04:43,546 --> 01:04:44,480
THE BOARD? 

1678
01:04:44,480 --> 01:04:46,148
>> THE RATE PAYER BOARD 

1679
01:04:46,148 --> 01:04:48,150
CONSISTING OF 35 RATE PAYERS 

1680
01:04:48,150 --> 01:04:49,385
TODAY REFLECTING THE DIVERSITY 

1681
01:04:49,385 --> 01:04:51,887
OF PROPERTY OWNERSHIP AND THE 

1682
01:04:51,887 --> 01:04:53,522
TYPES OF PROPERTY IN THE 

1683
01:04:53,522 --> 01:04:56,559
DISTRICT AND THE DIVERSITY OF 

1684
01:04:56,559 --> 01:04:58,127
NEIGHBORHOODS. WE OFTEN HAVE  

1685
01:04:58,127 --> 01:04:58,761
PARTICIPATION AND INVOLVEMENT  

1686
01:04:58,761 --> 01:05:00,796
FROM RELEVANT CITY AGENCIES FRO 

1687
01:05:00,796 --> 01:05:03,532
THE CITY POLICE DEPARTMENT OR  

1688
01:05:03,532 --> 01:05:06,869
OED OR OTHER AGENCIES AS  

1689
01:05:06,869 --> 01:05:07,937
PRESENTERS AND PARTICIPANTS IN  

1690
01:05:07,937 --> 01:05:08,971
THOSE MEETINGS, BUT THE BOARD  

1691
01:05:08,971 --> 01:05:10,273
ITSELF, I THINK IT'S CONSISTENT 

1692
01:05:10,273 --> 01:05:14,710
WITH HOW THE OTHER B.I.A.s ARE  

1693
01:05:14,710 --> 01:05:16,078
STRUCTURED AND ADVISORY BOARDS  

1694
01:05:16,078 --> 01:05:17,446
AROUND THE CITY, REPRESENTATIVE 

1695
01:05:17,446 --> 01:05:19,548
OF THE PROPERTY OWNERS OR  

1696
01:05:19,548 --> 01:05:20,516
BUSINESS ENTITIES PAYING IN. TH 

1697
01:05:20,516 --> 01:05:21,817
ORDINANCE STRUCTURES IT IN THAT 

1698
01:05:21,817 --> 01:05:23,352
FORM AND FASHION, COUNCILMEMBER 

1699
01:05:23,352 --> 01:05:23,486
 

1700
01:05:23,486 --> 01:05:26,589
>> WELL, IF I COULD HAVE A 

1701
01:05:26,589 --> 01:05:28,124
FOLLOWUP, MADAM CHAIR? 

1702
01:05:28,124 --> 01:05:28,391
>> YES. 

1703
01:05:28,391 --> 01:05:31,360
>> WHEN YOU SAY -- I'M ACTUALLY 

1704
01:05:31,360 --> 01:05:32,495
LOOKING AT JASMINE'S MEMO, AND 

1705
01:05:32,495 --> 01:05:33,929
JASMINE, YOU DIDN'T PUT PAGE 

1706
01:05:33,929 --> 01:05:35,598
NUMBERS ON YOUR MEMO. I CAN'T  

1707
01:05:35,598 --> 01:05:37,733
FIND IT, YES, SHE DID. PAGE  

1708
01:05:37,733 --> 01:05:40,102
FOUR, WHEN IT SAYS, AND MAY 

1709
01:05:40,102 --> 01:05:41,971
INCLUDE PUBLIC AGENCIES, I GUES 

1710
01:05:41,971 --> 01:05:43,472
WHY THAT CAUGHT MY EYE WAS THE 

1711
01:05:43,472 --> 01:05:47,376
EXPANSION OF THE M.I.D. IF YOU  

1712
01:05:47,376 --> 01:05:48,844
HAVE ANY PUBLIC AGENCY IN MIND  

1713
01:05:48,844 --> 01:05:53,883
OR IF WE HAD OTHER M.I.D.s OR  

1714
01:05:53,883 --> 01:05:55,351
BIAs WITH PUBLIC AGENCIES OR  

1715
01:05:55,351 --> 01:05:57,119
NONPROFITS. THAT'S WHAT I WAS  

1716
01:05:57,119 --> 01:05:58,988
GETTING AT. IF YOU DON'T HAVE A 

1717
01:05:58,988 --> 01:06:00,156
ANSWER OR AN EXAMPLE, THAT'S  

1718
01:06:00,156 --> 01:06:01,490
FINE, TOO. THAT WAS JUST KIND O 

1719
01:06:01,490 --> 01:06:04,527
THE QUESTION I HAD. THANK YOU. 

1720
01:06:04,527 --> 01:06:06,495
>> WE HAD REPRESENTATION FROM 

1721
01:06:06,495 --> 01:06:08,364
PUBLIC AGENCIES THAT HAVE BEEN 

1722
01:06:08,364 --> 01:06:10,633
VOLUNTARY RATE PAYERS THAT ARE 

1723
01:06:10,633 --> 01:06:12,234
NOT LEGALLY OBLIGATED TO PAY TH 

1724
01:06:12,234 --> 01:06:13,669
ASSESSMENT, BUT THEY PAY ANYWAY 

1725
01:06:13,669 --> 01:06:15,571
THE CONVENTION CENTER HAS BEEN 

1726
01:06:15,571 --> 01:06:17,974
ONE OF THE ENTITIES, AND THEY 

1727
01:06:17,974 --> 01:06:20,810
SERVED ON THE BOARD, AND THE 

1728
01:06:20,810 --> 01:06:23,446
SEATTLE ART MUSEUM, AND THE 

1729
01:06:23,446 --> 01:06:24,580
ENTITIES ALONG WITH THE PIKE 

1730
01:06:24,580 --> 01:06:25,514
PLACE MARKET HAVE HAD 

1731
01:06:25,514 --> 01:06:27,283
REPRESENTATION ON THE BOARD. I  

1732
01:06:27,283 --> 01:06:29,452
THINK THAT WOULD MAYBE ANSWER 

1733
01:06:29,452 --> 01:06:31,020
YOUR QUESTION, COUNCILMEMBER, 

1734
01:06:31,020 --> 01:06:33,122
BECAUSE OF THEIR STATUS AS A 

1735
01:06:33,122 --> 01:06:34,924
VOLUNTARY RATE PAYER. THEY ARE  

1736
01:06:34,924 --> 01:06:35,925
PUBLICALLY OWNED ENTITIES AND  

1737
01:06:35,925 --> 01:06:37,193
HAVE SERVED ON THE RATE PAYER  

1738
01:06:37,193 --> 01:06:38,594
BOARD IN THE PAST, AND A FEW  

1739
01:06:38,594 --> 01:06:40,563
CONTINUE TO SERVE TODAY. 

1740
01:06:40,563 --> 01:06:45,401
>> I AM ALSO -- I HAVE AN 

1741
01:06:45,401 --> 01:06:46,902
ULTERIOR MOTIVE. I'M PUSHING FO 

1742
01:06:46,902 --> 01:06:49,338
THE BIA IN THE NORTH END, AND  

1743
01:06:49,338 --> 01:06:50,639
WORKING WITH THOSE FOLKS, AND I 

1744
01:06:50,639 --> 01:06:52,908
THINK WE ONLY HAVE ONE, AND  

1745
01:06:52,908 --> 01:06:55,111
CORRECT ME IF I'M WRONG, ONLY  

1746
01:06:55,111 --> 01:06:58,247
TWO BIAs NORTH OF THE SHIP  

1747
01:06:58,247 --> 01:06:59,548
CANAL. WITH THE EXPLOSION OF 

1748
01:06:59,548 --> 01:07:00,683
ECONOMIC DEVELOPMENT AND THE  

1749
01:07:00,683 --> 01:07:04,086
FOOTPRINT GOING ON AT NORTH GAT 

1750
01:07:04,086 --> 01:07:05,221
AND LIGHT RAIL, AND DEVELOPMENT 

1751
01:07:05,221 --> 01:07:07,123
IN HOUSING AND ALL OF THE  

1752
01:07:07,123 --> 01:07:08,057
ECONOMIC ENGINES THAT ARE  

1753
01:07:08,057 --> 01:07:09,325
SPRINGING UP EVERYWHERE IN OUR  

1754
01:07:09,325 --> 01:07:10,693
CONVERSATIONS, AND I'M LOOKING  

1755
01:07:10,693 --> 01:07:12,161
AT THIS MEMO, AND THE BLUEPRINT 

1756
01:07:12,161 --> 01:07:15,564
FOR WHAT YOU'RE DOING, AND SO  

1757
01:07:15,564 --> 01:07:17,233
NOT ONLY CAN WE HAVE A BIA-TYPE 

1758
01:07:17,233 --> 01:07:18,734
OF OPPORTUNITY IN THE NORTH END 

1759
01:07:18,734 --> 01:07:21,504
BUT I'M JUST TRYING TO EXPLORE  

1760
01:07:21,504 --> 01:07:23,272
WHAT OTHER TYPE OF PUBLIC  

1761
01:07:23,272 --> 01:07:24,173
AGENCIES AND NONPROFITS BESIDES 

1762
01:07:24,173 --> 01:07:26,175
BUSINESS OWNERS THAT WOULD BE  

1763
01:07:26,175 --> 01:07:27,510
PART OF THIS, CONTRIBUTING TO  

1764
01:07:27,510 --> 01:07:29,345
THIS THAT WE DESPERATELY NEED I 

1765
01:07:29,345 --> 01:07:30,212
THE NORTH END. THANK YOU FOR 

1766
01:07:30,212 --> 01:07:34,917
THAT.  

1767
01:07:34,917 --> 01:07:40,790
>> DID YOU WANT TO PROVIDE ANY 

1768
01:07:40,790 --> 01:07:41,290
--  

1769
01:07:41,290 --> 01:07:42,258
>> GO AHEAD, JASMINE. 

1770
01:07:42,258 --> 01:07:45,161
>> NO, BUT SINCE I GOT A 

1771
01:07:45,161 --> 01:07:46,061
SHOUTOUT, THE LEGISLATION 

1772
01:07:46,061 --> 01:07:47,329
REQUIRES THE COMPOSITION OF THE 

1773
01:07:47,329 --> 01:07:50,132
BOARD SHA THE BE REPRESENTATIVE 

1774
01:07:50,132 --> 01:07:51,734
OF THE VARYING RATE PAYER, 

1775
01:07:51,734 --> 01:07:52,435
PROPERTY OWNERS, BUSINESSES, AN 

1776
01:07:52,435 --> 01:07:55,237
TENANTS WITHIN THE M.I.D. AND 

1777
01:07:55,237 --> 01:07:58,240
MAY INCLUDE PUBLIC AGENCIES. 

1778
01:07:58,240 --> 01:07:59,275
THAT'S SORT OF SPEAKING TO 

1779
01:07:59,275 --> 01:07:59,809
CONSISTENT WITH -- 

1780
01:07:59,809 --> 01:08:01,911
>> SINCE WE ARE THERE. I WILL B 

1781
01:08:01,911 --> 01:08:06,115
FRANK WITH YOU THE OTHER ISSUE, 

1782
01:08:06,115 --> 01:08:07,950
WE ARE CONTEMPLATING ECONOMIC 

1783
01:08:07,950 --> 01:08:09,351
DEVELOPMENT AND TRIBAL 

1784
01:08:09,351 --> 01:08:11,020
PARTICIPATION IN THE NORTH END 

1785
01:08:11,020 --> 01:08:12,888
WITH ALL OF THE ECONOMIC 

1786
01:08:12,888 --> 01:08:15,324
OPPORTUNITIES THAT THE TRIBAL 

1787
01:08:15,324 --> 01:08:16,859
COMMUNITIES, NOT JUST CASINOS 

1788
01:08:16,859 --> 01:08:18,794
HAVE PROVIDED AS WELL AS HOTELS 

1789
01:08:18,794 --> 01:08:19,929
AND RESTAURANTS AND OWNING 

1790
01:08:19,929 --> 01:08:21,330
TEAMS, AND JUST ABOUT EVERYTHIN 

1791
01:08:21,330 --> 01:08:23,699
ELSE, AND THE BUILDINGS THAT 

1792
01:08:23,699 --> 01:08:25,668
THEY JUST BOUGHT IN DISTRICT 

1793
01:08:25,668 --> 01:08:27,369
FOUR. I AM TRYING TO LIKE  

1794
01:08:27,369 --> 01:08:30,206
STRUCTURE IT SO WE ARE -- I HAT 

1795
01:08:30,206 --> 01:08:34,076
TO SAY IT BECAUSE IT SOUNDS  

1796
01:08:34,076 --> 01:08:35,110
CORNY, MORE INCLUSIVE. IF I SAY 

1797
01:08:35,110 --> 01:08:38,280
CENTURY OR UPLIFT, SOMEONE HIT  

1798
01:08:38,280 --> 01:08:40,015
ME. THAT'S WHAT I'M GETTING AT, 

1799
01:08:40,015 --> 01:08:41,050
THE EXPANSION OF THAT. THAT'S  

1800
01:08:41,050 --> 01:08:43,853
WHERE I'M HEADED, AND BEFORE I  

1801
01:08:43,853 --> 01:08:45,554
LEAVE, I THINK IT'S 250 DAYS, I 

1802
01:08:45,554 --> 01:08:50,226
AM TRYING TO GET THAT IN PLACE. 

1803
01:08:50,226 --> 01:08:53,462
JUST KNOW THAT. THANK YOU.  

1804
01:08:53,462 --> 01:08:54,230
>> NOTED. LOUD AND CLEAR. [  

1805
01:08:54,230 --> 01:08:57,433
LAUGHTER ]  

1806
01:08:57,433 --> 01:08:59,335
>> ALL RIGHT, I AM GOING TO MOV 

1807
01:08:59,335 --> 01:09:01,203
THE BILL AND THEN PROVIDE ONE 

1808
01:09:01,203 --> 01:09:02,938
MORE OPTION. OH, GO AHEAD,  

1809
01:09:02,938 --> 01:09:03,172
PLEASE. 

1810
01:09:03,172 --> 01:09:05,808
>> SORRY, I'M USING ZOOM. ARE  

1811
01:09:05,808 --> 01:09:07,376
YOU ABLE TO -- GO AHEAD, IS THI 

1812
01:09:07,376 --> 01:09:09,378
A GOOD TIME? 

1813
01:09:09,378 --> 01:09:12,982
>> PLEASE DO. GREAT, GREAT,  

1814
01:09:12,982 --> 01:09:15,351
GREAT. COUNCIL PRESIDENT, ARE  

1815
01:09:15,351 --> 01:09:15,684
YOU COUNTING? 

1816
01:09:15,684 --> 01:09:18,854
>> YOU KNOW I AM. COME ON NOW. 

1817
01:09:18,854 --> 01:09:20,689
>> OH, MAN. I HAVE WORKED  

1818
01:09:20,689 --> 01:09:21,223
DOWNTOWN THROUGHOUT THE  

1819
01:09:21,223 --> 01:09:22,791
PANDEMIC, AND I THINK THERE WER 

1820
01:09:22,791 --> 01:09:25,294
ONLY A COUPLE OF MONTHS DURING  

1821
01:09:25,294 --> 01:09:28,731
THE DEEP PANDEMIC I DIDN'T COME 

1822
01:09:28,731 --> 01:09:30,199
DOWNTOWN, AND I HAVE SEEN  

1823
01:09:30,199 --> 01:09:31,367
EVERYTHING SHIFT, YOU KNOW, WE  

1824
01:09:31,367 --> 01:09:32,801
WORKED REALLY HARD TO GET CITY  

1825
01:09:32,801 --> 01:09:35,171
HALL PARK IN A REALLY GOOD PLAC 

1826
01:09:35,171 --> 01:09:36,272
BEFORE THE PANDEMIC, AND IT ALL 

1827
01:09:36,272 --> 01:09:38,908
DISAPPEARED IN TWO WEEKS. IT WA 

1828
01:09:38,908 --> 01:09:41,377
REALLY HEART WRENCHING, AND I  

1829
01:09:41,377 --> 01:09:44,046
HAVE SEEN YOU DOWN HERE THIS  

1830
01:09:44,046 --> 01:09:45,981
ENTIRE TIME. WHEN THERE WERE SO 

1831
01:09:45,981 --> 01:09:50,886
FEW PEOPLE DOWNTOWN, THE M.I.D. 

1832
01:09:50,886 --> 01:09:52,855
WAS HERE. THIS WAS INCREDIBLE.  

1833
01:09:52,855 --> 01:09:53,656
HAVE WORKED FROM MY OFFICE FIVE 

1834
01:09:53,656 --> 01:09:55,658
DAYS A WEEK AS SOON AS I COULD, 

1835
01:09:55,658 --> 01:09:57,293
WELL OVER A YEAR AT THIS POINT, 

1836
01:09:57,293 --> 01:09:59,528
AND PART OF THIS IS BECAUSE  

1837
01:09:59,528 --> 01:10:05,334
DOWNTOWN IS BIGGER THAN ANY OF  

1838
01:10:05,334 --> 01:10:08,537
US. DOWNTOWN IS OUR REGIONAL  

1839
01:10:08,537 --> 01:10:10,573
CENTER, CITY CENTER. IF YOU'RE  

1840
01:10:10,573 --> 01:10:11,740
FROM BELLEVUE AND TRAVELING  

1841
01:10:11,740 --> 01:10:13,409
ABROAD, YOU SAY YOU'RE FROM  

1842
01:10:13,409 --> 01:10:14,577
SEATTLE. BECAUSE DOWNTOWN IS  

1843
01:10:14,577 --> 01:10:17,680
BIGGER THAN ANY OF US, IT REALL 

1844
01:10:17,680 --> 01:10:19,281
TAKES ALL OF US FOR THE SUCCESS 

1845
01:10:19,281 --> 01:10:20,149
TO BE BROUGHT IN. IT DOESN'T  

1846
01:10:20,149 --> 01:10:22,585
MATTER IF YOU LIVE IN THE CITY. 

1847
01:10:22,585 --> 01:10:25,220
IT DOESN'T MATTER IF YOU LIVE I 

1848
01:10:25,220 --> 01:10:26,555
THE NEIGHBORHOOD. IT MATTERS IF 

1849
01:10:26,555 --> 01:10:28,324
YOU'RE FROM SOMEWHERE NEAR HERE 

1850
01:10:28,324 --> 01:10:31,427
DOWNTOWN IS BIGGER THAN ANY AND 

1851
01:10:31,427 --> 01:10:33,262
ALL OF US. YOU ARE OUR FRONT 

1852
01:10:33,262 --> 01:10:36,999
LINES. JUST REALLY CANDIDLY. 

1853
01:10:36,999 --> 01:10:39,635
YOU'RE THE FRONT LINES FOR THE 

1854
01:10:39,635 --> 01:10:44,039
CITY, FOR THE REGION, AND FOR 

1855
01:10:44,039 --> 01:10:47,343
ANYONE WHO SUPPORTS ANY OF OUR 

1856
01:10:47,343 --> 01:10:50,012
TEAMS, MARINERS, KRAKEN, WHEN 

1857
01:10:50,012 --> 01:10:51,347
YOU TRAVEL THROUGHOUT THE REGIO 

1858
01:10:51,347 --> 01:10:52,281
AND YOU SAY YOU'RE FROM SEATTLE 

1859
01:10:52,281 --> 01:10:53,682
WE WANT TO BE PROUD. IT'S  

1860
01:10:53,682 --> 01:10:56,785
BECAUSE OF THE WORK YOU DO TO 

1861
01:10:56,785 --> 01:10:58,387
KEEP OUR DOWNTOWN CLEAN. WE  

1862
01:10:58,387 --> 01:11:00,856
HEARD FROM THE FIFTH AVENUE, AN 

1863
01:11:00,856 --> 01:11:02,224
IT WAS A TESTIMONIAL THAT IS 

1864
01:11:02,224 --> 01:11:04,126
HARD TO STAND AGAINST. I JUST 

1865
01:11:04,126 --> 01:11:05,995
WANT TO TAKE THIS MOMENT TO  

1866
01:11:05,995 --> 01:11:09,365
THANK YOU FOR WHAT YOU DO. I SE 

1867
01:11:09,365 --> 01:11:16,005
THIS IN MY DISTRICT, IN DISTRIC 

1868
01:11:16,005 --> 01:11:16,505
SIX. REPRESENTING MANY 

1869
01:11:16,505 --> 01:11:20,643
MICRONEIGHBORHOODS, AND I HAVE  

1870
01:11:20,643 --> 01:11:25,681
DISTRICT OFFICE IN DOWNTOWN 

1871
01:11:25,681 --> 01:11:30,052
BALLARD. WE DON'T HAVE THE  

1872
01:11:30,052 --> 01:11:31,120
M.I.D. IN BALLARD. WHEN I SHOW  

1873
01:11:31,120 --> 01:11:33,122
UP, I CLEAN UP. I WISH I HAD A  

1874
01:11:33,122 --> 01:11:36,925
PRESSURE WASH AND THE REST. I  

1875
01:11:36,925 --> 01:11:38,527
HAVE A TRASH BAG, LITTER PICKUP 

1876
01:11:38,527 --> 01:11:40,329
KIT, AND DUST PAN. I HAVE PICKE 

1877
01:11:40,329 --> 01:11:43,165
UP THINGS I DIDN'T WANT TO  

1878
01:11:43,165 --> 01:11:47,536
TOUCH. SOME DAYS ARE HARD, AND  

1879
01:11:47,536 --> 01:11:52,041
ONCE IT IS CLEAN, IT CREATES A  

1880
01:11:52,041 --> 01:11:54,343
MORE INVITING ENVIRONMENT FOR 

1881
01:11:54,343 --> 01:11:58,514
EVERYONE. I COULDN'T DO IT  

1882
01:11:58,514 --> 01:11:59,314
WITHOUT THE B.I.A. WHEN IT WAS  

1883
01:11:59,314 --> 01:12:00,482
CONTRACTED, IT WAS NIGHT AND  

1884
01:12:00,482 --> 01:12:02,951
DAY. IT'S NOT JUST TRASH. IT'S  

1885
01:12:02,951 --> 01:12:05,954
THE LEAVES. IT'S THE PRESENCE.  

1886
01:12:05,954 --> 01:12:09,024
IT'S HAVING OUR COMMUNITY 

1887
01:12:09,024 --> 01:12:11,427
TOGETHER, AND WHEN I COME 

1888
01:12:11,427 --> 01:12:12,261
DOWNTOWN. YOU, THE AMBASSADORS, 

1889
01:12:12,261 --> 01:12:14,296
YOU ARE WHO I SEE WHEN I GET OF 

1890
01:12:14,296 --> 01:12:16,999
THE BUS AND WALK TO LUNCH, AND  

1891
01:12:16,999 --> 01:12:19,168
YOUR SERVICES LAST PAST 5:00  

1892
01:12:19,168 --> 01:12:21,704
P.M. I SEE YOUR BENEFIT WHEN I  

1893
01:12:21,704 --> 01:12:23,672
STAY LATE FOR A KRAKEN OR  

1894
01:12:23,672 --> 01:12:25,874
MARINERS' GAME, AND I SEE YOUR  

1895
01:12:25,874 --> 01:12:29,445
BENEFIT LAST WHEN I STAY LATE T 

1896
01:12:29,445 --> 01:12:33,382
GO TO FIFTH AVENUE OR ACT  

1897
01:12:33,382 --> 01:12:36,118
THEATER. IF YOU CAN SEE A  

1898
01:12:36,118 --> 01:12:37,319
DOWNTOWN ALLEY FREE OF  

1899
01:12:37,319 --> 01:12:40,823
COMPLAINTS, YOU CAN DO ANYTHING 

1900
01:12:40,823 --> 01:12:41,990
I'M VERY EXCITED TO SUPPORT YOU 

1901
01:12:41,990 --> 01:12:43,759
TODAY, AND JUST WHEN YOU'RE 

1902
01:12:43,759 --> 01:12:45,861
HAVING A HARD DAY, WHEN YOU 

1903
01:12:45,861 --> 01:12:47,162
SHOWED UP EARLY AND YOU'RE 

1904
01:12:47,162 --> 01:12:49,064
PICKING UP AND TOUCHING THE 

1905
01:12:49,064 --> 01:12:50,499
THINGS YOU DON'T WANT TO TOUCH, 

1906
01:12:50,499 --> 01:12:52,334
I AM RIGHT THERE WITH YOU. IF I 

1907
01:12:52,334 --> 01:12:55,804
HOW I START A LOT OF MY DAYS,  

1908
01:12:55,804 --> 01:12:59,608
TOO, AND YOU DO IT ALL THE TIME 

1909
01:12:59,608 --> 01:13:01,910
MY DUTIES ARE AS OTHERWISE 

1910
01:13:01,910 --> 01:13:02,778
ASSIGNED. WHEN YOU'RE FEELING  

1911
01:13:02,778 --> 01:13:04,146
GROUCHY BECAUSE YOU'RE TOUCHING 

1912
01:13:04,146 --> 01:13:05,981
AND CLEANING UP THE THING YOU  

1913
01:13:05,981 --> 01:13:08,384
HAVE DONE 100 TIMES OVER THIS  

1914
01:13:08,384 --> 01:13:09,952
YEAR, JUST KNOW THAT YOU ARE 

1915
01:13:09,952 --> 01:13:11,053
REPRESENTING OUR CITY, OUR 

1916
01:13:11,053 --> 01:13:12,154
REGION, AND IT'S BIGGER THAN AL 

1917
01:13:12,154 --> 01:13:13,922
OF US, AND YOU ARE THE FRONT 

1918
01:13:13,922 --> 01:13:15,157
LINES, AND WE APPRECIATE YOU AN 

1919
01:13:15,157 --> 01:13:18,193
ALL OF THE WORK YOU DO. JON,  

1920
01:13:18,193 --> 01:13:19,928
THANK YOU FOR BRINGING THIS TO  

1921
01:13:19,928 --> 01:13:21,363
US, AND THANK YOU, ALL, FOR ALL 

1922
01:13:21,363 --> 01:13:24,533
OF YOUR WORK.  

1923
01:13:24,533 --> 01:13:26,335
>> GO AHEAD. 

1924
01:13:26,335 --> 01:13:28,537
>> I JUST WANT TO SAY THAT WHEN 

1925
01:13:28,537 --> 01:13:33,475
WE WERE HERE LAST TIME, MAKING 

1926
01:13:33,475 --> 01:13:39,615
THE PRESENTATION, FOR THE FIRST 

1927
01:13:39,615 --> 01:13:40,883
TIME SINCE THE PANDEMIC, 

1928
01:13:40,883 --> 01:13:43,752
EVERYBODY CHAIR IN THE CHAMBER 

1929
01:13:43,752 --> 01:13:49,825
WAS FULL. THE ENERGY IN THE  

1930
01:13:49,825 --> 01:13:53,328
ROOM, TO SUPPORT THIS RENEWAL  

1931
01:13:53,328 --> 01:13:56,331
WAS OUTSTANDING. THERE WERE  

1932
01:13:56,331 --> 01:14:00,235
MEMBERS FROM EVERY PART OF THE  

1933
01:14:00,235 --> 01:14:01,203
COMMUNITY BUSINESSES AND  

1934
01:14:01,203 --> 01:14:02,471
RESIDENTS. THE VIBRANT ENERGY T 

1935
01:14:02,471 --> 01:14:09,244
SAY, YOU KNOW, HOW THE M.I.D.  

1936
01:14:09,244 --> 01:14:10,245
HAS HELPED AND HOW DURING THE  

1937
01:14:10,245 --> 01:14:11,280
PANDEMIC, THEY WERE THERE TO  

1938
01:14:11,280 --> 01:14:15,851
HELP WITH THE RECOVERY. IT'S NO 

1939
01:14:15,851 --> 01:14:16,852
JUST WHAT HAS HAPPENED UNTIL  

1940
01:14:16,852 --> 01:14:20,022
NOW, BUT THE FUTURE. WE HAVE  

1941
01:14:20,022 --> 01:14:24,526
BEEN TALKING ABOUT HOW CRITICAL 

1942
01:14:24,526 --> 01:14:33,702
DOWNTOWN IS FOR OUR FUTURE, AND 

1943
01:14:33,702 --> 01:14:35,571
THAT IS WHERE THE IMPORTANCE  

1944
01:14:35,571 --> 01:14:37,539
LIES. WE WERE SEEING IT UNFOLD 

1945
01:14:37,539 --> 01:14:38,941
BEFORE OUR EYES, THE COMMITMENT 

1946
01:14:38,941 --> 01:14:42,578
I JUST WANTED TO SHARE THAT IS 

1947
01:14:42,578 --> 01:14:43,745
STILL, I THINK RESINATING WITH 

1948
01:14:43,745 --> 01:14:49,518
MANY OF US, AND I WANTED TO TAK 

1949
01:14:49,518 --> 01:14:50,986
THE OPPORTUNITY, AGAIN, TO THAN 

1950
01:14:50,986 --> 01:14:53,856
JOHN FOR BEING A CATALYST IN 

1951
01:14:53,856 --> 01:14:54,690
MAKING THAT HAPPEN. 

1952
01:14:54,690 --> 01:15:02,731
>> THANK YOU VERY MUCH FOR THAT 

1953
01:15:02,731 --> 01:15:04,666
I WAS TRYING TO PUT A COLLAGE.  

1954
01:15:04,666 --> 01:15:06,068
WAS GOING TO SHOW THE ROOM, AND 

1955
01:15:06,068 --> 01:15:09,338
I WOULD LIKE TO GET TO THE POIN 

1956
01:15:09,338 --> 01:15:11,406
WHERE WE CAN -- WHERE THE ROOM  

1957
01:15:11,406 --> 01:15:13,909
IS VISIBLE TO THE AUDIENCE IN T 

1958
01:15:13,909 --> 01:15:19,248
LAND, BUT YOU'RE ABSOLUTELY  

1959
01:15:19,248 --> 01:15:23,519
RIGHT. THANK YOU VERY MUCH FOR 

1960
01:15:23,519 --> 01:15:26,255
UNDERLINING THE POINT. FOR FOLK 

1961
01:15:26,255 --> 01:15:28,924
WONDERING WHO IS JON, I REMIND  

1962
01:15:28,924 --> 01:15:31,960
PEOPLE THAT JON SCHOLES IS THE  

1963
01:15:31,960 --> 01:15:34,897
HEAD OF THE ASSOCIATION THAT  

1964
01:15:34,897 --> 01:15:36,064
MANAGES M.I.D. AGAIN, TWO  

1965
01:15:36,064 --> 01:15:37,332
SEPARATE ENTITIES IT, BUT THANK 

1966
01:15:37,332 --> 01:15:38,700
YOU, VERY MUCH, JON FOR THE WOR 

1967
01:15:38,700 --> 01:15:41,737
YOU HAVE DONE TO GET US TO THIS 

1968
01:15:41,737 --> 01:15:45,908
POINT. I NOTICE YOUR STAFF HAS  

1969
01:15:45,908 --> 01:15:49,711
BEEN WORKING CLOSELY WITH OUR  

1970
01:15:49,711 --> 01:15:50,946
OFFICE AS WELL. I JUST WANT TO  

1971
01:15:50,946 --> 01:15:53,048
SAY DSA DOES A LOT MORE THAN  

1972
01:15:53,048 --> 01:15:56,184
MANAGE THE M.I.D. YOU ARE -- YO 

1973
01:15:56,184 --> 01:15:57,786
ADVISE THE CITY ON POLICY  

1974
01:15:57,786 --> 01:15:58,921
INITIATIVES, AND YOU PROVIDE US 

1975
01:15:58,921 --> 01:16:00,422
DATA FOR WHAT IS GOING ON ON TH 

1976
01:16:00,422 --> 01:16:01,490
STREET AND HOW MANY PEOPLE ARE  

1977
01:16:01,490 --> 01:16:02,658
BACK IN THE OFFICE, AND YOU HEL 

1978
01:16:02,658 --> 01:16:04,459
US PLAN FOR THE FUTURE, AND I  

1979
01:16:04,459 --> 01:16:05,761
WILL HAVE MORE COMMENTS ABOUT  

1980
01:16:05,761 --> 01:16:09,197
THAT, BUT I JUST WANT TO SAY, T 

1981
01:16:09,197 --> 01:16:10,565
NOTE THAT IS WHY YOU'RE AT THE  

1982
01:16:10,565 --> 01:16:12,067
TABLE AS WELL. THANK YOU VERY  

1983
01:16:12,067 --> 01:16:12,267
MUCH. 

1984
01:16:12,267 --> 01:16:19,408
>> I APPRECIATE ALL OF THAT. I  

1985
01:16:19,408 --> 01:16:22,544
DO WANT TO JUST IMPART, IT'S A 

1986
01:16:22,544 --> 01:16:23,645
PROPOSAL FROM THE DOWNTOWN 

1987
01:16:23,645 --> 01:16:24,880
PROPERTY OWNER COMMUNITY TO YOU 

1988
01:16:24,880 --> 01:16:26,348
AND THE GREAT WORK IS REALLY AL 

1989
01:16:26,348 --> 01:16:31,853
OF THE PEOPLE BEHIND ME. I'M  

1990
01:16:31,853 --> 01:16:33,422
SORT OF THE MESSENGER RELAYING 

1991
01:16:33,422 --> 01:16:34,556
THE SUPPORT OF WHAT IS BEFORE  

1992
01:16:34,556 --> 01:16:36,091
YOU AND THE SUPPORT BEHIND IT  

1993
01:16:36,091 --> 01:16:38,093
AND WHAT IS BEING PROPOSED. IT' 

1994
01:16:38,093 --> 01:16:39,328
REALLY THE DOWNTOWN COMMUNITY  

1995
01:16:39,328 --> 01:16:40,929
HERE COMING TOGETHER TO SAY WE  

1996
01:16:40,929 --> 01:16:42,631
WANT TO MAKE THE INVESTMENTS,  

1997
01:16:42,631 --> 01:16:43,632
AND THE WONDERFUL PEOPLE BEHIND 

1998
01:16:43,632 --> 01:16:46,234
ME, COMMITTED TO DOING THE GREA 

1999
01:16:46,234 --> 01:16:46,435
WORK. 

2000
01:16:46,435 --> 01:16:47,302
>> THANK YOU. 

2001
01:16:47,302 --> 01:16:54,242
>>> ALL RIGHT, WITH THAT, I MOV 

2002
01:16:54,242 --> 01:16:55,210
THAT THE COMMITTEE MOVE PASSAGE 

2003
01:16:55,210 --> 01:16:57,980
OF BILL 120537. A SECOND? 

2004
01:16:57,980 --> 01:16:58,280
>> SECOND. 

2005
01:16:58,280 --> 01:16:59,648
>> MOVED AND SECONDED TO 

2006
01:16:59,648 --> 01:17:01,450
RECOMMEND THE PASSAGE OF THE 

2007
01:17:01,450 --> 01:17:03,151
COUNCIL BILL. I WILL ASK THE  

2008
01:17:03,151 --> 01:17:07,289
CLERK TO PLEASE CALL ROLL. 

2009
01:17:07,289 --> 01:17:08,490
>> PRESIDENT JUAREZ? 

2010
01:17:08,490 --> 01:17:09,124
>> AYE. 

2011
01:17:09,124 --> 01:17:10,025
>> SAWANT? 

2012
01:17:10,025 --> 01:17:10,792
>> YES. 

2013
01:17:10,792 --> 01:17:11,994
>> STRAUSS? 

2014
01:17:11,994 --> 01:17:12,260
>> YES. 

2015
01:17:12,260 --> 01:17:14,196
>> CHAIR NELSON? 

2016
01:17:14,196 --> 01:17:14,463
>> AYE. 

2017
01:17:14,463 --> 01:17:18,400
>> FOUR IN FAVOR, ZERO OPPOSED. 

2018
01:17:18,400 --> 01:17:18,533
 

2019
01:17:18,533 --> 01:17:20,669
>> EXCELLENT. THE MOTION  

2020
01:17:20,669 --> 01:17:23,405
CARRIES, AND THE COMMITTEE  

2021
01:17:23,405 --> 01:17:24,206
RECOMMENDATION THAT COUNCIL BIL 

2022
01:17:24,206 --> 01:17:26,375
120537 PASS WILL BE FORWARDED T 

2023
01:17:26,375 --> 01:17:27,643
THE CITY COUNCIL FOR  

2024
01:17:27,643 --> 01:17:28,844
CONSIDERATION ON MAY 2nd. ALL  

2025
01:17:28,844 --> 01:17:30,846
RIGHT, SO THIS IS A BIG DAY, AN 

2026
01:17:30,846 --> 01:17:34,683
BEFORE WE PART, I WANT TO SAY  

2027
01:17:34,683 --> 01:17:39,955
THAT THE MAYOR ON MONDAY 

2028
01:17:39,955 --> 01:17:41,690
RELEASED A DOWNTOWN ACTIVATION 

2029
01:17:41,690 --> 01:17:45,560
PLAN, AND CALLED OUT THE M.I.D. 

2030
01:17:45,560 --> 01:17:46,528
AND THIS PROPOSAL PASSING AND 

2031
01:17:46,528 --> 01:17:47,863
ADDITIONAL INVESTMENTS, AND THA 

2032
01:17:47,863 --> 01:17:49,865
WAS SOMETHING YOU CALLED OUT IN 

2033
01:17:49,865 --> 01:17:51,266
YOUR LETTER IN DSA IN THE 

2034
01:17:51,266 --> 01:17:55,170
CHAMBER'S LETTER TO THE MAYOR.  

2035
01:17:55,170 --> 01:17:56,938
WANT TO NOTE THEY DO BELIEVE 

2036
01:17:56,938 --> 01:17:58,040
THAT, TO THE EXTENT POSSIBLE, 

2037
01:17:58,040 --> 01:18:02,844
AND I DON'T KNOW IF THAT IS 

2038
01:18:02,844 --> 01:18:05,647
POSSIBLE, THAT THE CITY SHOULD 

2039
01:18:05,647 --> 01:18:07,182
SOMEHOW FIND A WAY TO CONTRIBUT 

2040
01:18:07,182 --> 01:18:14,556
TO THE WORK THAT YOU DO WHILE W 

2041
01:18:14,556 --> 01:18:16,692
ARE STILL TRYING TO NAVIGATE TH 

2042
01:18:16,692 --> 01:18:19,094
UNCERTAIN FINANCIAL TIMES WE 

2043
01:18:19,094 --> 01:18:22,264
HAVE BEFORE US BECAUSE DOWNTOWN 

2044
01:18:22,264 --> 01:18:23,665
IS NOT AN AFTERTHOUGHT. IT'S NO 

2045
01:18:23,665 --> 01:18:25,000
-- IT IS A NEIGHBORHOOD, BUT  

2046
01:18:25,000 --> 01:18:26,535
IT'S ALSO THE NEIGHBORHOOD THAT 

2047
01:18:26,535 --> 01:18:32,441
HAPPENS TO BE THE ENGINE OF OUR 

2048
01:18:32,441 --> 01:18:33,742
REGIONAL ECONOMY, AND SO IT'S  

2049
01:18:33,742 --> 01:18:37,045
ALL HANDS ON DECK TO MAKE SURE  

2050
01:18:37,045 --> 01:18:40,115
THAT WE RECOVER AND CONTINUE TO 

2051
01:18:40,115 --> 01:18:44,152
BE THE CITY THAT IS -- THAT 

2052
01:18:44,152 --> 01:18:45,253
EVERYBODY LOVES TO WORK, LIVE,  

2053
01:18:45,253 --> 01:18:47,189
PLAY, VISIT, ET CETERA, AND WE  

2054
01:18:47,189 --> 01:18:48,690
HAVE SO MANY ASSETS GOING FOR  

2055
01:18:48,690 --> 01:18:50,592
US, AND SO THE FUTURE IS BRIGHT 

2056
01:18:50,592 --> 01:18:53,795
FOR DOWNTOWN, AND I JUST WANT T 

2057
01:18:53,795 --> 01:18:55,764
SAY THIS IS A BIG MILESTONE IN  

2058
01:18:55,764 --> 01:18:56,731
OUR FUTURE. SO THANK YOU VERY 

2059
01:18:56,731 --> 01:19:03,171
MUCH. ALL RIGHT, I BELIEVE THAT 

2060
01:19:03,171 --> 01:19:06,608
WE ARE AT THE END OF OUR AGENDA 

2061
01:19:06,608 --> 01:19:07,309
UNLESS THERE'S ADDITIONAL  

2062
01:19:07,309 --> 01:19:08,009
BUSINESS THAT MY COUNCILMEMBERS 

2063
01:19:08,009 --> 01:19:10,712
WOULD LIKE TO ADDRESS? I AM  

2064
01:19:10,712 --> 01:19:13,215
LOOKING AT THE ZOOM. I MUST NOT 

2065
01:19:13,215 --> 01:19:15,050
IN THE HYBRID WORLD, IT'S HARD  

2066
01:19:15,050 --> 01:19:17,152
TO SEE THE ZOOM SCREEN AND MY  

2067
01:19:17,152 --> 01:19:18,587
NOTES AND ALSO MAKE EYE CONTACT 

2068
01:19:18,587 --> 01:19:22,757
WITH PEOPLE IN THE AUDIENCE, SO 

2069
01:19:22,757 --> 01:19:24,025
I'M LOOKING FORWARD TO -- I'M  

2070
01:19:24,025 --> 01:19:27,062
LOOKING FORWARD TO NOT HAVING T 

2071
01:19:27,062 --> 01:19:30,432
DO THAT AS OFTEN ANYMORE. 

2072
01:19:30,432 --> 01:19:31,933
ANYWAY, THIS CONCLUDES. WE WILL 

2073
01:19:31,933 --> 01:19:33,535
ALWAYS GO FORWARD WITH THE  

2074
01:19:33,535 --> 01:19:34,503
HYBRID MODEL. I'M JUST MAKING  

2075
01:19:34,503 --> 01:19:36,037
THE CASE IT'S DIFFICULT FOR ME. 

2076
01:19:36,037 --> 01:19:39,341
I'M GOING TO STOP TALKING RIGHT 

2077
01:19:39,341 --> 01:19:41,309
NOW. [ LAUGHTER ] AND THIS  

2078
01:19:41,309 --> 01:19:43,178
CONCLUDES THE APRIL 26 MEETING  

2079
01:19:43,178 --> 01:19:44,646
OF THE ECONOMIC DEVELOPMENT  

2080
01:19:44,646 --> 01:19:47,849
TECHNOLOGY AND CITY LIGHT  

2081
01:19:47,849 --> 01:19:48,817
COMMITTEE. OUR NEXT MEETING IS 

2082
01:19:48,817 --> 01:19:52,821
WEDNESDAY, MAY 10, 2023 AT 9:30 

2083
01:19:52,821 --> 01:19:54,756
A.M., AND THERE IS NO FURTHER  

2084
01:19:54,756 --> 01:19:56,925
BUSINESS INDICATED BY THE SCREE 

2085
01:19:56,925 --> 01:19:58,894
OVER HERE, AND HEARING NO  

2086
01:19:58,894 --> 01:20:00,896
FURTHER BUSINESS, IT'S 10:50,  

2087
01:20:00,896 --> 01:20:05,033
AND THIS MEETING IS ADJOURNED. 

2088
01:20:05,033 --> 01:20:07,035
>> WAIT, COUNCIL, MADAME CHAIR, 

2089
01:20:07,035 --> 01:20:07,836
DON'T FORGET, GO KRAKEN. LET'S  

2090
01:20:07,836 --> 01:20:08,336
DO THIS.