>>> GOOD MORNING, EVERYONE. THE
APRIL 26, 2023 MEETING OF THE
ECONOMIC DEVELOPMENT,
TECHNOLOGY, AND CITY LIGHT WILL
COME TO ORDER. I'M SARA NELSON
HERBOLD HAS ASKED TO BE EXCUSED
PLEASE CALL OWL.
>> SAWANT?
>> PRESENT.
>> JUAREZ?
>> PRESENT.
>> STRAUSS?
>> PRESENT.
>>
>> NELSON.
>> PRESENT.
>> FOUR PRESENT, ONE EXCUSED.
APPOINTMENTED, AND A BRIEFING
AND DISCUSSION A COUNCIL BILL
AUTHORIZING THE FUNDS, AND THEN
A BRIEFING DISCUSSION AND
POSSIBLE VOTE ON 120537,
ESTABLISHING A NEW TEN-YEAR
BUSINESS IMPROVEMENT AREA TO BE
KNOWN AS THE METROPOLITAN
IMPROVEMENT DISTRICT, M.I.D. WE
DID HAVE TWO PRESENTATIONS LAST
MEETING, AND WE HAD EXTENSIVE
PUBLIC COMMENT, AND TODAY WILL
BE A FINISHING TOUCH AND A
POSSIBLE VOTE ON THAT, BUT THER
WILL BE OPPORTUNITY FOR MY
COLLEAGUES TO ASK QUESTIONS.
OKAY, ARE THERE ANY OBJECTIONS
TO THE AGENDA? SEEING NONE, THE
AGENDA IS NOW ADOPTED. WITH
THAT. WE WILL MOVING INTO PUBLI
COMMENT ON THE ITEMS LISTED ON
THE AGENDA. GOOD MORNING. WHEN
YOU HEAR THE CHIME, YOU WILL
HAVE TEN SECONDS TO -- YOU WILL
HAVE TEN SECONDS LEFT, PER
USUAL. IF YOU EXCEED THE TIME,
YOUR MICROPHONE MAY BE CUT OFF,
AND WE WILL MOVE ON TO THE NEXT
SPEAKER. WE NORMALLY START WITH
IN-PERSON SPEAKERS, BUT I'M
GOING TO MAKE AN EXEMPTION FOR
ONE REMOTE SPEAKER TODAY BECAUS
THAT PERSON'S NAME IS STEVE
HORVACK. HE CHOSE NOT TO COMMEN
ON MID-REAUTHORIZATION OUT OF
RERESPECT FOR MY REQUEST FOR TH
OFFICIAL PUBLIC HEARING, AND
SUPPORTERS WHO DID SPEAK DURING
THE PUBLIC COMMENT PERIOD GOT
TWO MINUTES. I HAD NO IDEA HOW
MANY PEOPLE WOULD SHOW UP TO
PROVIDE TESTIMONY, AND THE
MEETING WAS RUNNING LATE. I CUT
THE AMOUNT OF TIME FROM TWO
MINUTES TO ONE MINUTE, LEAVING
HIM WITH ONE MINUTE, AND THAT
WAS THE UNFORTUNATE RESULT OF
HIM FOLLOWING MY REQUEST, AND
TODAY WE ARE GOING TO BEGIN WIT
HIM AND PROVIDE THREE MINUTES.
SO I WILL -- WHICH IS AN
ADDITIONAL MINUTE FROM LAST TIM
AND TWO MINUTES THIS TIME. WITH
THAT, I WILL MOVE INTO THAT
PORTION OF OUR PUBLIC COMMENT,
AND WE WILL PROCEED WITH
IN-PERSON. OKAY. SO WE DO HAVE
MR. HORBATH PRESENT. GO AHEAD.
YOU HAVE TO PRESS STAR SIX.
>> GOOD MORNING. THANK YOU,
CHAIR NELSON AND COMMITTEE. I
WANT TO CONFIRM YOU CAN HEAR ME
BEFORE I WILL PROCEED.
>> YES, I CAN.
>> THANK YOU, VERY MUCH. MY NAM
IS STEVE HORBATH, A RESIDENT OF
BELLTOWN IN DOWNTOWN SEATTLE.
ONE OF THE THOUSANDS OF FOLKS
WHO OWN A CONDOMINIUM IN THE
DOWNTOWN AREA AND PAY INTO OUR
RATE PAYER ASSESSMENTS, AND EAC
OF US HAS BEEN ASSESS THE OVER
THE LAST TEN YEARS, ROUGHLY
$1,000 OR SO PER UNIT
COLLECTIVELY, PER THAT TEN
YEARS, AND THE REASON I FEEL
THIS COMMENT IS SO IMPORTANT,
OVERWHELMINGLY, WE HAVE ALL SEE
THE POSITIVE EFFECTS OF HAVING
THE M.I.D. AND SPENDING THE
EXTRA MONEY, BUT THE DRAFT
ORDINANCE PRESENTED FOR THE NEX
TEN YEARS THAT YOU'RE POSSIBLY
VOTING ON TODAY WAS PREPARED BY
THE PROGRAM MANAGER THROUGH
BRIAN SCOTT DURING THE LAST
MEETING, THE SAME CONSULTANT WH
DRAFTED THE 2013 ORDINANCE, AND
PER HIS OWN TESTIMONY TO YOU,
DURING THE LAST MEETING, BRIAN
SCOTT APPARENLY DRAFTS NEARLY
ALL OF THE D.I.A. ORDINANCES FO
THE CITY, WHICH IS VERY
INTERESTING. THIS DRAFT THAT YO
HAVE BEFORE YOU BORROWING
EXTENSIVELY FROM THE 2013
ORDINANCE TO THE EXTENT THAT TH
WAY APARTMENTS AND HOTELS ARE
PARCELED AS RATE PAYERS WILL
CONTINUE TO EXCLUDE THEM FOR
BEING ASSESSED FOR THE SAME
COMMERCIAL AND RETAIL USES
CLEARLY IDENTIFIED BY KING
COUNTY THAT CONDOMINIUMS HAVE
PAID FOR THE LAST DECADE AND
MORE. EXCLUDING THOSE PARCELS
AND RATE-PAYER USES FROM THE
ASSESSMENT POOL WILL CREATE AN
ESTIMATED LOSS OF REVENUE
EXCEEDING $5.5 MILLION OVER THE
NEXT DECADE. THAT'S ALL RIGHT
COST RATE PAYERS A LOSS OF $2
MILLION OVER THE LAST DECADE.
THERE ARE WELL OVER 185 UNIQUE
CONDOMINIUM OFFICE USES AIMED
UNIQUE RATE PAYERS THAT WERE
ASSESSED OVER $160,000, EACH OF
THE LAST TWO ASSESSMENT YEARS,
AND THE RATE PAYERS CURRENTLY
EXCLUDED WOULD HAVE BEEN
ASSESSED $300,000 EACH OF THE
LAST TWO YEARS. THE TOTAL IS
$5.5 MILLION OVER THE NEXT
DECADE. I HAVE NOT SEEN ANY
AMENDMENTS ON THE PROPOSED
AGENDA HERE, AND I DON'T KNOW
WHAT WILL HAPPEN BEFORE THE FUL
COUNSEL. THIS IS ONE OF A NUMBE
OF EQUITY CONCERNS, BUT IT SEEM
TO BE THE MOST PRESSING. I'M
EXTRAORDINARILY CONCERNED IF
IT'S NOT CORRECTED, YOU ARE
CONDONING THE STATUS QUO, A
CONDOMINIUM ON ONE SIDE OF THE
STREET WITH AN APARTMENT NEXT T
IT ON THE SAME PIECE OF PARCEL,
ESSENTIALLY, OR BLOCK, AND YOU
ARE SAYING THAT ONE RATE PAYER
IS BENEFITED DIFFERENTLY THAN
THE RATE PAYER NEXT TO THEM WIT
EXACTLY THE SAME USES. THANK YO
SO MUCH FOR CONSIDERING MY
TESTIMONY.
>> THANK YOU VERY MUCH.
APPRECIATE IT. OKAY, THERE ARE
NO MORE PEOPLE SIGNED UP TO GIV
COMMENT REMOTELY. WE WILL MOVE
INTO THE IN-PERSON PUBLIC
COMMENT, AND WE HAVE TEN
SPEAKERS SIGNED UP RIGHT NOW. I
WILL START WITH THE FIRST TWO
WHO ARE LLOYD GREGORY AND TAMMY
CARAVAN.
>> GOOD MORNING.
COUNCILMEMBERS, THANK YOU FOR
HAVING THIS HEARING. I WANTED T
SPEAK ON BEHALF OR IN FAVOR OF
RENEWING THE M.I.D. I HAVE
WORKED DOWNTOWN FOR BASICALLY M
WHOLE TIME IN SEATTLE, BETWEEN
PYKE PLACE MARKET, WEST LAKE,
AND NOW PIONEER SQUARE. I HAVE
FOUND A CONSISTENCY IN SPIRIT.
THERE'S LIKE AN ENERGY IN THOSE
NEIGHBORHOODS, AND ONE THING,
EVEN WITH THE PANDEMIC, THAT WA
CONSISTENT THROUGHOUT ALL OF
THAT, WHEN SO MANY PEOPLE STAYE
HOME, SO MANY OF US CAME DOWN
EVERY DAY TO LOVE ON OUR CITY
AND MAKE SURE IT WAS CARED FOR,
AND THE CONSTANT THROUGHOUT THE
WHOLE TIME WAS M.I.D., THE
DOWNTOWN AMBASSADORS. I HAVE
BEEN BLESSED TO WORK WITH THEM,
TO WALK WITH THEM, AS A PIONEER
SQUARE COMMUNITY MEMBER. I RENT
OFFICE SPACE DOWN THERE, AND
IT'S FOR ME AND MY COWORKERS TO
STILL MEET, AND IT'S THIS
SPIRIT, THE SPIRIT THAT KEEPS M
COMING BACK, AND I WANT YOU TO
CONTINUE TO HELP THEM CARE FOR
THE CITY BECAUSE PEOPLE WILL
COME BACK, BUT WE ARE GOING TO
STILL NEED THEM TO SMILE AT THE
VISITORS, AND I JUST HOPE YOU
ALLOW THEM TO CONTINUE TO DO
THEIR WORK ANOTHER TEN YEARS AN
MAYBE EVEN GROW THE PROGRAM.
THAT'S IT. THANKS.
>> THANK YOU.
>> GOOD MORNING. MY NAME IS
TAMMY CARAVAN, THE PRESIDENT AN
CEO OF VISIT SEATTLE. TOURISM
BRINGS 35 MILLION ANNUAL
VISITORS TO SEATTLE, AND THEY
SPEND NEARLY $8 BILLION IN OUR
ECONOMY. THEY GENERATE $700
MILLION IN STATE AND LOCAL
TAXES. THESE VISITORS COME
EXPECTING THE EMERALD CITY, A
BEAUTIFUL WATER FRONT LOCATION
WITH VISITS LIKE THE SPACE
NEEDLE AND CULTURE AND SPORTING
EVENTS, WATER CRUISES,
RESTAURANTS, ALL OF THE THINGS
WE APPRECIATE AS RESIDENTS.
WITHOUT THE M.I.D., THIS BENEFI
TO OUR COMMUNITY WOULD BE
ABSOLUTELY IMPOSSIBLE. WE WOULD
NOT BE ABLE TO REACH THE
POTENTIAL. WE RELY ON THE WORK
OF THE M.I.D. TO MAKE SURE
DOWNTOWN FEELS SAFE AND VIBRANT
THEIR WORK IS NECESSARY, AND WE
ARE GRATEFUL TO THE DSA AND THE
M.I.D. FOR THEIR PARTNERSHIP AN
LEADERSHIP. PLEASE REAUTHORIZE
THE M.I.D. THEY ARE A CRITICAL
PART OF THE VIABILITY.
>> NEXT UP DAWN BLANKEY AND
ELIZABETH. PLEASE MAKE SURE THE
MICROPHONE IS CLOSE TO YOU.
>> EXCELLENT. GOOD MORNING,
COUNCILMEMBERS, THANK YOU FOR
HAVING ME. I'M THE EXECUTIVE
DIRECTOR OF THE U-DISTRICT
PARTNERSHIP. I'M HERE TO ASK YO
RENEW THE METROPOLITAN
IMPROVEMENT DISTRICT FOR ANOTHE
TEN YEARS. I WORKED THE LION
SHARE OF MY CAREER WORKING FOR
THE AREA. THE M.I.D. PROVIDES
ESSENTIAL INVESTMENTS AND
MAINTENANCE AND ACTIVATION OVER
AN IMPRESSIVE 285 SQUARE BLOCKS
AND 6 DOWNTOWN NEIGHBORHOODS. I
HAVE SPENT TEN YEARS WORKING OF
MY CAREER WORKING IN DOWNTOWN
WITH AND FOR THE M.I.D. I HAVE
SEEN FIRSTHAND THE IMPACT OF TH
BIAs ON HOMELESSNESS, PUBLIC
SPACES, TRANSPORTATION, AND THE
LOCAL ECONOMY. THE FUNDS AND
LEADERSHIP THE ORGANIZATION
BRINGS TO OUR CITY ARE IMPORTAN
IN NORMAL TIMES AND MORE
CRITICAL AS OUR CITY WORKS TO
CLIMB OUT OF THE PANDEMIC AND
ADDRESS THE DEEP IMPACTS ON
DOWNTOWN. THE M.I.D. WAS RENEWE
IN 2013 AND MUST BE RENEWED THI
YEAR TO MAIN IN EFFECT. I URGE
THE COUNCIL TO MOVE FORWARD SO
WE CAN HAVE A HEALTHY AND
VIBRANT DOWNTOWN FOR ALL. THANK
YOU.
>> IS LIZ HERE? LIZ BETH
FOLLOWED BY RAYZA. THEY MIGHT B
REGROUPING. GO AHEAD, LIZ IS NO
HERE RIGHT NOW, SO GO AHEAD
PLEASE.
>> SURE, THANK YOU. I'M THE
DIRECTOR OF GOVERNMENT AFFAIRS
FOR KILROY REALTY CORPORATE. I
APPRECIATE THE OPPORTUNITY TO
CHAT WITH YOU COUNCILMEMBER. I
SEE YOU COUNCILMEMBER STRAUSS.
THANK YOU FOR BOTH BEING HERE I
PERSON. GOVERNMENT CANNOT
MAXIMIZE THE EFFICIENCY OF ITS
EFFORTS BY DOING IT REMOTELY,
AND IT'S GREAT TO SEE YOU HERE
IN PERSON. I AM HERE TO ASK YOU
TO PLEASE REAUTHORIZE THE M.I.D
THE LAST TIME I HAD THE
OPPORTUNITY TO CHAT WITH YOU
GUYS, I EMPHASIZED THIS MENTAL
EXERCISE, THIS VISION OF WHAT
WOULD DOWNTOWN LOOK LIKE WITHOU
THE M.I.D., AND IT'S NOT A VERY
HARD THING TO IMAGINE. SO RATHE
THAT GO OVER WHAT I SAID LAST
TIME, I WANT TO EMPHASIZE, OFTE
TIMES IN YOUR LINE OF WORK,
YOU'RE NOT PRESENTED WITH
NO-BRAINERS, AND HERE ONE HAS
FALLEN IN YOUR LAP. PLEASE
REAUTHORIZE THE M.I.D. AND LET
THE GOOD PEOPLE CONTINUE TO DO
THEIR WORK. THANK YOU FOR YOUR
TIME.
>> I LOVE NO-BRAINERS. LIZ.
>> OKAY.
>> GO AHEAD, PLEASE. YES.
>> MORNING, COUNCIL, THANK YOU
FOR YOUR WORK. SEATTLE IS SUCH
BEAUTIFUL TOWN. I AM HERE THIS
MORNING IN SUPPORT OF THE M.I.D
I'M HERE FOR PERSONAL REASONS,
TOO. I'M A MEMBER AND LIVE IN
BELLTOWN, HAVE FOR FIVE YEARS.
COMING BACK TO THE CITY
VOLUNTARILY TO RETIRE BECAUSE I
LOVE IT. ONE OF THE THINGS THAT
YOU CAN TELL EVERY DAY IS THAT
THE DOWNTOWN AMBASSADORS ARE OU
THERE CLEANING IT UP AND MAKING
US LOOK GOOD, BUT IN JANUARY OF
THIS YEAR, WE HAD A LARGE WIND
STORM THAT GOT ME TRAPPED UP ON
FIRST HILL, LOOKING FOR SOME WA
TO GET TO MY NEXT APPOINTMENT,
AND IT HAPPENED THAT THE
DOWNTOWN AMBASSADOR, AUBREY
BREWER, WAS IN THE AREA, WORKIN
ON HIS -- OR WITH HIS BIKE. HE
GOT OFF HIS BIKE, WALKED ME
ACROSS THE STREET, WALKED ME TO
THE BUS STOP, AND GOT ME ON
SAFELY. I'M HERE TO TALK TO YOU
TODAY BECAUSE OF THAT. THE
DOWNTOWN AMBASSADORS KEEP US
CLEAN AND GREEN, AND THEY HELP
OUR VISITORS WHO WE WANT A LOT
OF FEEL LIKE THIS IS A
COMFORTABLE, SAFE, CLEAN CITY,
WHERE THEY ARE GOING TO HAVE A
GOOD TIME, AND THEY ENCOURAGE
PEOPLE TO COME BACK HERE. SO
LET'S BE INTERNATIONAL. LET'S G
FOR TEN YEARS, AND LET'S GET
THESE GUYS FUNDED WITH THEIR
FULL BUDGET. THANK YOU SO MUCH
FOR YOUR WORK AND TIME.
APPRECIATE YOU.
>> PLEASE STATE YOUR NAME. THE
MIC. EXCUSE ME. THAT WAS LIZ
BETH. ALL RIGHT, NEXT ON THE
LIST, WE HAVE GOT JULIA FOLLOWE
BY PAUL AND THEN JANE AND THEN
TONY AND THEN GABRIEL. I WILL
REPEAT IT LATER, TOO.
>> HI, I'M JULIA. I'M A
RESIDENT, AND I BELIEVE I'M A
BOUNDARY RESIDENT OF THE M.I.D.
DOWNTOWN NEXT TO THE CONVENTION
CENTER. I'M ALSO SOMEONE WHO HA
WORKED MY ENTIRE CAREER FOR
ELECTEDS AND GOVERNMENT. I CAN'
TELL YOU HOW NERVOUS IT IS TO B
ON PUBLIC RECORD RIGHT NOW. IT
ALSO SHOWS HOW IMPORTANT IT IS
HERE TO SUPPORT THE M.I.D. I
SPEND EVERY DAY WALKING THROUGH
THE AREA, AND I CAN'T TELL YOU
HOW INCREDIBLY SUPPORTED AND
SAFE I FEEL WHEN I SEE THE FOLK
LIKE THIS WHO WALK BY ME AND MY
RETRIEVER. IF YOU EVER SEE
SOMEONE WITH A BLACK, VERY
FRIENDLY RETRIEVER, IT MAKES ME
APPRECIATE HOW MUCH THE CITY
VALUES THIS TIME OF
ORGANIZATION. I AM HERE, JUST
SIMPLY TO SAY I VALUE THE M.I.D
AND WHAT IT DOES FOR THE
COMMUNITY. I HOPE YOU
REAUTHORIZE IT. THANK YOU.
>> THANK YOU.
>> PAUL, THEN JANE.
>> GOOD MORNING.
>> PLEASE MAKE SURE YOU TALK
INTO THE MIC.
>> MY NAME IS PAUL COSTELLO. I'
IN SUPPORT OF THE COUNCIL BILL
OF THE DISTRICT FOR THE M.I.D.
M.I.D. PROVIDES SERVICES
ESSENTIAL TO THE DAY-TO-DAY
LIVABILITIES AND HELD OF THE
CITY AND ARE CRITICAL TO THE
FUTURE OF DOWNTOWN'S RECOVERY.
THROUGH THE COURSE OF MY DAY, I
SEE TONS TRASH, NEEDLES, BIWAYS
AND TINFOIL FROM DRUG USE.
WITHOUT THE M.I.D., WHO WILL
CLEAN THE MESS AND PICK UP THE
TRASH AFTER A BASEBALL GAME OR
SPECIAL EVENT? WHO WILL CLEAN
THE DOORWAYS OF THE SMALL
BUSINESS WHO DOES NOT HAVE THE
RESOURCES TO CLEAN? IT IS THE
M.I.D. WHO WILL PROVIDE THE
SERVICES AND MUCH MORE. AS A
RESIDENT OF SEATTLE WHO WAS BOR
AND RAISED HERE, I WOULD HATE T
SEE WHAT WOULD BECOME OF SEATTL
IF THE M.I.D. WAS NOT RENEWED.
PLEASE RENEW THE M.I.D. THANK
YOU.
>> THANK YOU.
>> JANE, TONY, AND THEN GABRIEL
BE READY TO ASSUME THE MIC.
>> GOOD MORNING COUNCILMEMBERS.
I HAVE BEEN THE M.I.D.
AMBASSADOR FOR 20 YEARS. I LOVE
MY JOB VERY MUCH. I WANT TO SAY
DOWNTOWN WOULDN'T BE THE SAME
WITHOUT OUR AMBASSADORS. THANK
YOU VERY MUCH.
>> THANK YOU. THANK YOU FOR YOU
WORK.
>> HI THERE, COUNCILMEMBERS, I'
TONY PETERSON. I HAVE BEEN WITH
THE M.I.D. FOR TWO YEARS NOW.
NOT ONLY DOES THE M.I.D. HELP
THE CITY, THE M.I.D. ALSO GIVES
OPPORTUNITIES TO OTHER
INDIVIDUALS, LIKE MYSELF, AND I
WAS HOMELESS FOR OVER TEN YEARS
ON THESE STREETS. I HAVE SLEPT
IN MANY DOORWAYS. I HAVE
APPROACHED PEOPLE AND TALKED TO
THEM TO SEE IF THEY NEED HELP.
HAVE BEEN GIVEN THE SKILLS TO B
ABLE TO HELP PEOPLE OUT HERE,
AND I WOULD NOT HAVE BEEN GIVEN
THIS OPPORTUNITY IF IT WASN'T
FOR THE M.I.D. AND ALL OF THESE
GOOD PEOPLE HERE. THE WORK THAT
WE DO OUT THERE DAY IN AND DAY
OUT, IT IS INVALUABLE TO THE
CITY, WHETHER IT'S CLEANING
THINGS, WHETHER IT'S HELPING
PEOPLE, OR WHETHER IT'S OVER I
THINK WHERE WE ARE AT 60 PEOPLE
WE HAVE SAVED FROM OVERDOSES
THROUGH THE USE OF NARCAN WE DO
NOW. IT'S A LOT OF LIVES SAVED,
AND I JUST PLEASE ASK THAT YOU
GUYS CONTINUE TO HELP US AND
HELP THE CITY AND RENEW THE
M.I.D. THANK YOU.
>> THANK YOU.
>> GABRIEL NEWMAN?
>> GOOD MORNING. I'M GABRIEL
NEWMAN, GOVERNMENT RELATIONS
MANAGER AT WAWA'S LBGTQ+ CHAMBE
OF COMMERCE. I'M HAPPY TO
TESTIFY IN SUPPORT OF DOWNTOWN
SEATTLE M.I.D. PROGRAM. WHEN I
ASKED VISIONS TO ENVISION THE
NEIGHBORHOOD THAT BEST MEETS
THEIR NEEDS, THEY CONSISTENTLY
PAINT THE PICTURE OF A SAFE
RETAIL CORE. M.I.D. IS ESSENTIA
TO THE VISION. THEY STRENGTHEN
SEATTLE'S REPUTATION AS A MAJOR
METROPOLITAN DESTINATION,
DRIVING CUSTOMERS TO GO FURTHER
INTO THE CITY. STREET CLEANING
AND PUBLIC SAFETY INITIATIVES
ARE ESSENTIAL TO THE SMALL
BUSINESS LANDSCAPE. M.I.D. PLAY
A KEY ROLE. THEY ENSURE THERE'S
ALWAYS SOMETHING TO DRAW PEOPLE
TO THE ECONOMIC CITY HOT SPOTS.
ATTENTION TO HOSTING EVENTS FOR
A MULTITUDE OF ORGANIZATIONS
HIGHLIGHTS THE DIVERSITY IN A
WAY THAT ALLOWS THE SEATTLE
PERSONALITY TO SHINE. THE
DIVERSE PROGRAMMING ENSURES THE
PEOPLE OF SEATTLE AND TOURISTS
HAVE A REASON TO VISIT DOWNTOWN
SEATTLE THROUGHOUT THE ENTIRE
YEAR. THE EFFORTS FEED ECONOMIC
ACTIVITY BACK INTO THE COMMUNIT
AND ALLOW THE UNIQUE PERSONALIT
TO SHINE. THANK YOU.
>> THANK YOU.
>> I BELIEVE ONE MR. SPEAKER WH
ADDED THEIR NAME. THIS IS JILL
BILEAGLE.
>> GOOD MORNING. AS YOU
MENTIONED I'M JILL BILEAGLE. I
REACHED OUT TO MY COLLEAGUES TO
SAY I'M GOING TO GO TALK AND
WHAT SHOULD I SAY? WHAT
INTERACTIONS HAVE YOU HAD WITH
THE M.I.D.? I GOT SO MANY
RESPONSES. THE FIFTH LOVES THE
M.I.D. I FOUND ONE THAT MAY BE
COMPELLING. A FUN FACT, THE
ENTRANCE TO THE FIFTH AVENUE
THEATER IS AN ALLEY BETWEEN
FIFTH AND SIXTH AVENUES. AN
ALLEY IN DOWNTOWN SEATTLE MAY
NOT BE THE CLEANEST PLACE IN TH
WORLD, BUT APPARENTLY WE HAVE A
VERY, VERY CLEAN ALLEY. I WOULD
LIKE TO SAY IT'S BECAUSE OF THE
FIFTH, BUT WE ARE BUSY INSIDE O
THE BUILDING, AND WE RELY ON TH
M.I.D. TO HELP KEEP IT CLEAN.
MOST IMPORTANTLY WE DO A PROGRA
EVERY YEAR, AND THIS YEAR IT WA
JANUARY TO MARCH, AND WE MENTOR
50 TO 100 HIGH SCHOOL STUDENTS
WHO COME INTO THE THEATER
THROUGH THE ALLEY EVERY SINGLE
DAY, AND I THINK IT'S A
TESTAMENT THAT IN THREE MONTHS
WE DID NOT GET A COMPLAINT FROM
A MENTOR, STUDENT, OR MOST
IMPORTANTLY A PARENT THAT ANYON
WAS COMING IN THROUGH THE ALLEY
THAT IS BECAUSE WE HAVE THE
CLEANEST AND SAFEST ALLEY
BECAUSE OF THE M.I.D. I ASK YOU
TO PLEASE CONSIDER CONTINUING
THE FUNDING BECAUSE WE REALLY
LOVE THEM. THANK YOU SO MUCH.
>> THANK YOU VERY MUCH. OKAY,
CHECKING ONLINE. THERE ARE NO
MR. SPEAKERS. SO THANK YOU VERY
MUCH FOR COMING OUT, AGAIN, AND
SHARING YOUR COMMENT WITH US. I
REALLY APPRECIATE YOU COMING IN
TO CHAMBERS, AND ESPECIALLY
BECAUSE YOU ALL HAVE VERY BUSY
JOBS AS WE KNOW OUTSIDE. SO
MOVING ON, I WILL NOW CLOSE THE
PUBLIC COMMENT, AND I WILL ASK
THE CLERK TO PLEASE READ ITEM
NUMBER ONE INTO THE AGENDA.
>> ONE THROUGH THREE?
>> JUST A SECOND HERE.
>> ONE THROUGH THREE?
>> YEAH.
>> YES, THE FIRST CLUMP OF ITEM
IS GOING TO BE THREE
REAPPOINTMENTS. BE AHEAD AND
PLEASE READ THOSE ITEMS INTO TH
RECORD.
>> ONE, APPOINTMENT 02520.
APPOINTMENT OF OKSANA SAVOLYUK
AS A MEMBER OF THE CITY LIGHT
REVIEW PANEL FOR A TERM TO APRI
11, 2024. APPOINTMENT 02521,
REAPPOINTMENTS OF SCOTT HASKINS
TO THE CITY LIGHT REVIEW PANEL
FOR A TERM OF APRIL 11, 2026 AN
APPOINTMENT 2522, REAPPOINTMENT
OF TIMOTHY O. SKEEL AS A MEMBER
OF THE CITY LIGHT REVIEW PANEL
FOR A TERM TO APRIL 10, 2026.
BRIEFING, DISCUSSION AND
POSSIBLE VOTE.
>> LEIGH BARRECA IS HERE.
COUNCILMEMBERS CAN MAKE COMMENT
AFTER EACH AFTER THEY ARE
PRESENTED. WE WILL MOVE AND VOT
AS A GROUP. PLEASE GO AHEAD.
>> THANK YOU, LEIGH BARRECA.
CITY LIGHT. WE HAVE TWO
REAPPOINTMENTS TO SECOND TERMS.
THAT WOULD BE TIMOTHY O. SKEEL
IN THE MAYORAL APPOINTMENT, HIS
SECOND TERM ON THE PANEL. THE
SECOND IS POSITION NUMBER TWO,
SCOTT HASKINS, AND HE IS OUR
FINANCIAL ANALYST ON THE CITY
LIGHT REVIEW PANEL, AND THAT'S
COUNCIL APPOINTEE. IT WILL ALSO
BE HIS SECOND TERM. THEY HAVE
BOTH BEEN VERY ACTIVE MEMBERS O
THE PANEL, AND BOTH PRIOR SPU
EMPLOYEES. THEY CAME TO THE
PANEL WITH A LOT OF BACKGROUND
IN UTILITY, CITY WORK, AND WHAT
HAVE YOU.
>> THANK YOU. CAN YOU EXPLAIN A
LITTLE BIT ABOUT WHAT THE REVIE
PANEL DOES?
>> WHAT THE REVIEW PANEL DOES?
>> YES.
>> YES, THE REVIEW PANEL WAS
ESTABLISHED IN 2010 TO ADVISE,
AN ADVISORY PANEL, TO ADVISE
CITY LIGHT ON THE STRATEGIC PLA
AND OUR RATE TRAJECTORY. WE WOR
WITH THEM VERY CLOSELY DURING,
ESPECIALLY THE STRATEGIC
PLANNING PROCESS TO ENSURE WE
ARE ALL -- THAT YOU KNOW, WE AR
ALL ON THE SAME PAGE IN TERMS O
PRIORITIES, CITY PRIORITIES, AN
THEN A GOOD UNDERSTANDING OF TH
RATE PATH THAT ACCOMPANIES THE
STRATEGIC PLAN. THAT'S THE
PRIMARY FOCUS FOR US.
>> I MUST SAY THAT AS AN ELECTE
LEADER, IT'S IMPORTANT THEY HAV
THAT OUTSIDE PERSPECTIVE WHEN I
COMES TO MAKING DECISIONS ABOUT
UTILITY BILLS.
>> ABSOLUTELY.
>> AS PART OF EVERY STRATEGIC
PLAN PACKAGE, THERE'S A LETTER
ACCOMPANYING THE PACKAGE FROM
THE REVIEW PANEL SPEAKING TO HO
THEY FEEL ABOUT THE PROPOSED
STRATEGIC PLAN AND RATE PATH.
THAT HAS BEEN VERY USEFUL IN TH
PAST WHEN WE PRESENT TO COUNCIL
>> THANK YOU VERY MUCH.
>> SO WE HAVE A THIRD
APPOINTMENT, AND THIS IS A NEW
APPOINTMENT. THIS IS OKSANA, AN
I'M GOING TO PROBABLY SAY HER
LAST NAME INCORRECTLY. WHEN SHE
HAS A CHANCE TO SPEAK, SHE IS O
VIRTUALLY. OKSANA SAVOLYUK. SHE
IS A MAYOR APPOINTEE INTO THE
LOW-INCOME ADVOCACY POSITION,
POSITION NUMBER SEVEN. HER FIRS
APPOINTMENT WOULD BE A PARTIAL
FIRST TERM BECAUSE WE HAD THE
PAST LOW-INCOME CUSTOMER
ADVOCATE LEAVE THE PANEL. THIS
WOULD BE FOR A PARTIAL TERM, AN
THEN HOPEFULLY REAPPOINTING HER
OKSANA HAS A LONG HISTORY WITH
CITY LIGHT, WORKING IN THE
LOW-INCOME ADVOCACY COMMUNITY.
WOULD LIKE TO LET HER SPEAK.
>> PLEASE.
>> THANK YOU.
>> HELLO.
>> GOOD MORNING, EVERYONE. CAN
EVERYONE HERE ME?
>> YES.
>> MY NAME IS OKSANA SAVOLYUK.
I'M THE ENERGY ASSISTANT
DIRECTOR AT MULTISERVICE CENTER
WE SERVE LOW-INCOME COMMUNITY
THROUGHOUT SOUTH KING COMPANY.
HAVE BEEN WITH THE COMPANY A
LITTLE OVER 26 YEARS. I GREW UP
IN AN IMMIGRANT FAMILY,
IMMIGRATED TO U.S. FROM UKRAINE
IN 1992. I REMEMBER AS A CHILD,
I REMEMBER THE STRUGGLES AND
HARDSHIP THAT MY FAMILY WENT
THROUGH AS A LOW-INCOME, SO I
HAVE A COMPASSIONATE. I LOOK
FORWARD WORKING. IT'S AN HONOR
TO WORK WITH SEATTLE CITY LIGHT
REPRESENTING LOW INCOME
COMMUNITIES. THANK YOU FOR
CONSIDERING ME.
>> THANK YOU VERY, VERY MUCH FO
YOUR WILLINGNESS TO SERVE. I
NOTICED FROM YOUR APPLICATION
YOU STARTED A NEW POSITION AT
THE DEPARTMENT OF COMMERCE.
CONGRATULATIONS FOR THAT. I KNO
THAT YOU, AS ALL OF THE MEMBERS
HAVE VERY BUSY PROFESSIONAL
LIVES, AND REALLY APPRECIATE TH
SPECIAL PERSPECTIVE THAT YOU
WILL BRING AND YOUR TIME. WITH
THAT, ARE THERE ANY QUESTIONS O
COMMENTS FROM MY COLLEAGUES?
OKAY. SEEING NONE, IF THERE ARE
NO FURTHER QUESTIONS OR
COMMENTS, I MOVE THAT THE
COMMITTEE RECOMMEND CONFIRMATIO
OF APPOINTMENT 02520, 02521, AN
02522. IS THERE A SECOND?
>> SECOND.
>> THANK YOU VERY MUCH. IT'S
BEEN MOVED AND SECONDED TO
RECOMMEND CONFIRMATION OF THE
APPOINTMENTS, AND 02520, 21, AN
22. ARE THERE ANY FURTHER
COMMENTS BEFORE WE TAKE A VOTE?
SEEING NONE, PLEASE CALL ROLL.
>> JUAREZ?
>> AYE.
>> SAWANT?
>> YES.
>> STRAUSS?
>> YES.
>> NELSON?
>> AYE.
>> FOUR IN FAVOR, ZERO OPPOSED.
>> THANK YOU VERY MUCH,
CONGRATULATIONS. APPRECIATE IT.
SO THE MOTION CARRIES, AND THE
APPOINTMENT RECOMMENDATION THAT
02520, 21, AND 22, WILL BE
FORWARDED TO THE COUNCIL FOR
CONSIDERATION ON MAY 2nd.
PROCEEDING WITH AGENDA ITEM
FOUR.
>> COUNCIL BILL 120556 AN
ORDINANCE RELATING TO THE CITY
LIGHT DEPARTMENT AUTHORIZING TH
TRANSFER OF CERTAIN FUNDS IN TH
LIGHT FUND INTO THE RATE
STABILIZATION ACCOUNT IN 2023,
AND SUPERSEDING CERTAIN SECTION
OF 21.49.086. E OF THE SEATTLE
MUNICIPAL CODE.
>> THANK YOU VERY MUCH. WE HAVE
A PANEL OF FOLKS THAT WILL
INTRODUCE THEMSELVES, AND JUST
SOME OPENING COMMENTS, WE ARE
HAVING A BRIEFING AND
DISCUSSIONING OF THE BILL TO
TRANSFER FUND IN THE DEBT
SERVICE COVERAGE TO THE RATE
STABILIZATION ACCOUNT, RSA IN
JUNE 2023 AND LATER AGAIN --
THEN AGAIN LATER IN 2023 IF
NECESSARY. CITY LIGHT WILL GIVE
MORE THOROUGH DESCRIPTION IN TH
PRESENTATION, BUT FOR NOW, I
WANT TO NOTE THAT RSA SERVES AS
A RESERVE FUND FOR THE EXTREME
CONDITIONS WE FIND OURSELVES IN
EXTREME SWINGS IN THE WHOLESALE
REVENUES. CITY LIGHT HAS
EXTENSIVE AND VERY, VERY STRONG
AND DETAILED LONG TERM PLANNING
BUT YOU CANNOT ACCOUNT FOR THE
SHORT-TERM CHANGES AND
CONDITIONS, AND I WANT TO SAY W
HAVE HEARD SEVERAL PRESENTATION
ON THEIR LONG-TERM RESOURCE
PLANNING, AND I JUST WANT TO SA
THAT THIS IS SOMETHING THAT WE
CANNOT ACCOUNT FOR IN THOSE
PLANS, AND I INVITE YOU TO
INTRODUCE YOURSELVES AND THEN
BEGIN YOUR PRESENTATION.
>> GOOD MORNING. I'M KIRSTY
GRAINGER.
>> I'M EMEKA ANYANWU.
>> GOOD MORNING, CARSTEN CROFF.
>> I'M ERIC McCONAGHY AS THE
COUNCIL CENTRAL STAFF.
>> THANK YOU VERY MUCH. GO
AHEAD.
>> PERFECT. WE HAVE A
PRESENTATION FOR YOU TODAY. AS
YOU INTROD, THE FIRST SLIDE IS
EASY. GOING TO THE FIRST. THERE
YOU GO. AS YOU SAID, WE ARE HER
BECAUSE AT THE END OF MARCH,
CITY LIGHT TRIGGERED A 4% RSA
SURCHARGE THAT WOULD GO IN
EFFECT ON JUNE 1. THE
LEGISLATION WE ARE PROPOSING
AUTHORIZING THE TRANSFER OF CAS
INTO THE RSA SO THE SURCHARGE
DOES NOT NEED TO BE IMPLEMENTED
THE PRESENTATION TODAY TALKS
THROUGH A LITTLE BIT ABOUT THE
RSA, AND DESCRIBES THE WHOLESAL
MARKET CONDITIONS LEADING US TO
WHERE WE ARE TODAY AND THEN
REVIEW THE FINANCIAL POSITION
AND DISCUSS WHY CITY LIGHT
BELIEVES WE HAVE SURPLUS CASH
AND THE BEST AND PRUDENT ACTION
IS FOR US TO USE THE SURPLUS
CASH TO AVOID THE SURCHARGE, AN
IT'S THE BEST THING FOR OUR
CUSTOMERS AND PRUDENT MOVE
FINANCIALLY. ALL RIGHT, A LITTL
BIT OF BACKGROUND ON THE RSA.
OBVIOUSLY CITY LIGHTS' PURPOSE
IS TO DELIVER CUSTOMERS THE
ELECTRICITY THEY NEED EVERY HOU
AND EVERY DAY. THIS MEANS THAT
CITY LIGHT IS CONSTANTLY BUYING
AND SELLING POWER IN THE
WHOLESALE MARKET TO BALANCE
SUPPLY AND DEMAND. ELECTRICITY
IS DIFFICULT TO STORE. ON THE
SUPPLY SIDE, IN ADDITION TO SOM
LONG-TERM POWER PURCHASE
AGREEMENTS, AND YOU CAN SEE IT
IN THE CHART ON THE RIGHT, AND
MUCH OF OUR POWER COMING FROM
THE GENERATION RESOURCES WE
HAVE, AND THE SKAGIT PROJECT.
THESE ARE HYDROELECTRIC PROJECT
OWNED BY THE CITY OF SEATTLE,
PROVIDING MUCH OF THE
ELECTRICITY WE SERVE OUR
CUSTOMERS. SO THE HYDROELECTRIC
GENERATION VARIES WITH WEATHER,
HYDRO CONDITIONS, SNOW PACK, AN
PRECIPITATION. UNDER NORMAL,
TYPICAL CIRCUMSTANCES, CITY
LIGHT HAS MORE THAN ENOUGH POWE
TO SERVE ALL OF THE NEEDS OF OU
CUSTOMERS. IN THIS SITUATION, A
YOU CAN SEE ON THE LEFT SIDE OF
THE CHART, WE WOULD SELL THE
SURPLUS POWER INTO THE WHOLESAL
MARKET. HOWEVER, IF CONDITIONS
ARE DRY, AND ALSO IF WE SEE MOR
DEMAND THAN WOULD BE NORMAL,
CITY LIGHT MAY BE PURCHASING
POWER IN THE WHOLESALE MARKET T
HELP MEET THE DEMAND. SO, YOU
KNOW, THESE ARE FINANCIAL RISKS
AND UNCERTAINTIES THAT WE ARE
EXPOSED TO IN THE WHOLESALE
MARKET WE CANNOT AVOID. IN 2010
CITY COUNCIL ESTABLISHED THE
RATE STABILIZATION ACCOUNT. THI
IS A MECHANISM THAT PROTECTS
CITY LIGHTS CUSTOMERS FROM MUCH
OF THE FINANCIAL UNCERTAINTY
THAT IS COMING FROM OUR ACTIVIT
IN THE WHOLESALE MARKET. THE RS
IS $100 MILLION CASH RESERVE AS
WE ARE PURCHASING AND SELLING
POWER INTO THE MARKET. WE ARE
USING THE RSA TO DEPOSIT AND
WITHDRAW FUNDS TO BALANCE IT
OUT. IF IT BECOMES DEPLETED,
THAT'S WHEN THE AUTOMATIC
SURCHARGES COME ON TO REPLENISH
IT. THIS IS ANOTHER ILLUSTRATIO
OF THE SAME FINANCIAL RISKS AND
FINANCIAL IMPACT. WE TALKED
ABOUT THE SUPPLY AND DEMAND
BALANCE, AND IT DETERMINES IF
CITY LIGHT IS A SELLER IN THE
WHOLESALE MARKET OR A DEFICIT I
ANY GIVEN HOUR. THE OTHER PART
OF THE RISK IS THE MARKET PRICE
AND AS WE ARE BUYING OR SELLING
POWER, THE MARKET WILL DETERMIN
WHAT THE PRICE FOR THE POWER IS
AND YOU MULTIPLY THE VOLUME BY
THE PRICE, AND THAT DETERMINES
OUR FINANCIAL IMPACT. YOU KNOW,
WHAT I WANT TO POINT OUT, IN TH
PICTURE HERE, THE ARROWS ON THE
OUTSIDE, PRECIPITATION, RUNOFF,
ECONOMY, THE WEATHER, AND YOU
KNOW, EVEN GLOBAL IMPACTS THAT
ARE DRIVING UP THE PRICES OF OI
AND NATURAL GAS, THEY ARE ALL A
YOU POINTED OUT RISKS THAT ARE
UNCONTROLLABLE AND THAT THE
UTILITY IS EXPOSED TO. SO I WIL
TURN IT OVER TO EMEKA TO TALK A
LITTLE BIT ABOUT HOW THE RISKS
PLAYED OUT FOR CITY LIGHT THIS
LAST WINTER.
>> ALL RIGHT, THANK YOU, KIRSTY
>> WALKING THROUGH LAST WINTER
AND TALKING A LITTLE BIT ABOUT
HOW IT IMPACTED THE HYDRO
RESOURCES.
>> THE MAP SHOWS ON HERE THE
RUNOFF, AS RECORDED BY THE
NORTHWEST RIVER FORECAST CENTER
AN ARM OF NOAA. IT'S A FEDERAL
AGENCY THAT PROVIDES THE
FORECASTING. YOU CAN SEE THE
AVERAGES ARE LOW COMPARED TO TH
HISTORICAL NORMAL FLOWS, AND
THAT'S WHAT THE DIAGRAM SHOWS.
SO THE SITES CIRCLED ARE JUST U
THE STREAM FROM THE CITY LIGHT
PROJECTS. THOSE PROJECTS ARE
BELOW NORMAL, AND FLOWS REALLY
HAVE BEEN BELOW NORMAL SINCE TH
START OF THE WATER YEAR IN
OCTOBER, AND THAT IS WHEN THE
WATER YEAR STARTS, UP THROUGH
APRIL. RIGHT NOW, LOWER THAN
NORMAL FLOWS. THIS NEXT SLIDE,
YOU CAN SEE THE DRY WINTER
CONDITIONS MEANT THAT SKAGIT AN
BOUNDARY WAS FAR BELOW NORMAL
FOR NOVEMBER AND MARCH. 100
AVERAGE MEGA WATTS AND $80
MARKET COSTING $6 MILLION, AND
COSTS HAVE LARGELY BEEN ABOVE
THIS LEVEL SINCE THE FOURTH
QUARTER OF LAST YEAR, AND THE
SIZE OF THE DEFICITS IS NOT THE
ONLY STORY HERE. THE TIMING OF
DEFICITS IS ALSO A FACTOR AS
KIRSTY SAID. STORAGE IS NOT
REALLY AN EASY THING TO DO.
REALLY YOU ARE TRYING TO RESPON
TO THE DEMAND IN REALTIME, AND
IN SORT OF SHORT PERIODS. THE
TIMING OF THE DEFICITS IS A
FACTOR WITH THE MARKET PRICE
MOVEMENT AS YOU WILL SEE LATER.
NEXT SLIDE, PLEASE. SO THIS NEX
DIAGRAM SORT OF SHOWS WHAT WE
WERE LOOKING AT IN TERMS OF THE
WEATHER. IT WAS A COLD WINTER,
HIGH DEMAND FOR ELECTRICITY, AN
ACTUALLY 4% HIGHER THAN
FORECASTED OVER THE SIX MONTHS.
BECAUSE WE DIDN'T HAVE THE POWE
TO SERVE THE DEMAND FOR THE
CONDITIONS DESCRIBED, WE HAD TO
BUY POWER AT HIGH PRICES THAT
WAS EXPENSIVE. GENERALLY IT'S
WORTH NOTING THAT STRONG RETAIL
DEMAND IS A GOOD THINGS. WE
SHOULD NOT LOSE SIGHT OF THE BI
PICTURE. IT MEANS STRONG ECONOM
AND PROBABLY IS INDICATIVE OF
THE ROBUST PANDEMIC RECOVERY
UNDERWAY WITH RESPECT TO THE
WORK WE DO THE RETAIL REVENUES
AND THIS EXTRA DEMAND INCREASED
THE RETAIL REVENUE, AND THAT'S
ONE OF THE REASONS WHY CITY
LIGHT CAN AFFORD THE CASH
TRANSFER THAT THE LEGISLATURE I
PROPOSING.
>> PLEASE STOP THERE FOR A
SECOND. SO THAT OCTOBER RED
SPLOTCH RIGHT THERE, THAT IS
INDICATING WARM WEATHER, BUT
IT'S ALSO INDICATING EXTREMELY
DRY SOIL?
>> YEAH. THERE IS CERTAINLY A
CORRELATION THERE. THE OTHER
PART OF THE WARM WEATHER AS
WELL, AGAIN, WITH THE
SEASONALITY, THE WAY THE
PREDICTION WORKS, YOU'RE TRYING
TO -- YOU'RE LOOKING AT WHAT TH
NORMAL WEATHER WOULD BE, AND
YOU'RE MATCHING YOUR RESOURCES
TO THAT. SO IF THE WEATHER IS
WARMER THAN NORMAL, AND THERE'S
EITHER MORE COOLING OR OTHER
THINGS LIKE THAT GOING ON, THAT
CAN IMPACT THE DEMAND AS WELL.
>> THANK YOU.
>> SO OVERALL, AGAIN, THE
CONDITIONS DROVE UP NOT ONLY TH
DEMAND AND ALSO MARKET PRICES A
THE WHOLE REGION SAW THE HIGHER
DEMAND. NEXT, PLEASE. SO TO THE
POINT OF HIGH MARKET PRICES, AN
MARKET PRICES FOR ELECTRICITY
RIGHT NOW ARE THE HIGHEST WE
HAVE SEEN IN A DECADE. PART OF
THIS HAS TO DO WITH THE PRICE O
NATURAL GAS, WHICH IS AFFECTED
BY THE COLD WEATHER AS WELL.
NATURAL GAS FOR HEATING, IN
ADDITION TO GENERATING
ELECTRICITY, IMPACTING THE
PRICE, AND OVER THE LAST FOUR
YEARS, THE AVERAGE MARKET PRICE
WAS $34 PER MEGA WATT HOUR. WE
REGULARLY SAW $50 TO $100 RANGE
EVEN SPIKING $200 TO $300, AND
OVER $500 PER MEGAWATT HOUR. YO
CAN SEE THE SPIKE IN DECEMBER
THAT SHOWS THAT. WE HAVE THE
RESPONSIBILITY AND WHAT WE DO I
SERVE OUR CUSTOMERS' ELECTRICIT
NEEDS. THIS IS THE MARKET WE
WENT IN TO MAKE SURE WE HAD THE
RESOURCES TO MEET THE NEEDS IN
THE WINTER COLD SNAPS. SO THAT
IS THE WORK THAT WE DO AND THE
ENVIRONMENT THAT WE WERE DOING
IT IN, AND NOW KIRSTY WILL PICK
UP HERE TO TALK ABOUT HOW IT
IMPACTED THE RSA.
>> ALL RIGHT, THANK YOU. SO YOU
KNOW, AS MENTIONED THE RSA IS A
CASH RESERVE. YOU CAN SEE FOR
MOST OF LAST YEAR, THE RSA WAS
FULL AT $100 MILLION OR MORE.
THEN AS EMEKA MENTIONED, THE
CONDITIONS THROUGH THE WINTER,
THE RSA, WE WITHDREW FROM THE
RSA EACH MONTH FROM NOVEMBER
ONWARD, AND THEN THAT BROUGHT U
TO THE POINT WHERE AS OF THE EN
OF MARCH, THE RSA WAS AT $46
MILLION, AND THAT IS BELOW THE
$50 MILLION THRESHOLD THAT WOUL
INDICATE THE 4% SURCHARGE. YOU
CAN SEE FROM THE CHART, WE HAVE
TWO CHECK POINTS FOR THE RSA
SURCHARGES, ONE IN MARCH AND ON
AT THE END OF SEPTEMBER. OKAY,
SO THE SURCHARGE HAS BEEN
TRIGGERED, AND THE PROPOSAL IS
TO DEPOSIT CASH INTO THE RSA TO
AVOID THE SURCHARGE, AND YOU
KNOW, JUST TO TAKE A STEP BACK,
WE HAVE TALKED A LOT ABOUT THE
UTILITIES' CHALLENGES IN THE
WHOLESALE MARKET. IT'S BEEN AN
EXPENSIVE WINTER FOR US. IN THE
BIG PICTURE, I WANT TO STRESS
THIS IS NOT A UTILITYWIDE
FINANCIAL CRISIS. THE UTILITY I
VERY FINANCIALLY SOUND. OUR
FINANCIAL PERFORMANCE LAST YEAR
OVERALL WAS EXCELLENT. WE HAD
DEBT SERVICE COVERAGE OF 2.5
TIMES, WHICH IS THE HIGHEST I
HAVE SEEN SINCE I HAVE BEEN AT
CITY LIGHT. WE ARE IN GOOD
SHAPE. PART OF THIS MEANS THAT
WE HAVE OVER $350 MILLION IN TH
BANK IN OPERATING CASH. THAT'S
MORE THAN WE PLANNED. PART OF
THE REASON AS EMEKA MENTIONED,
WE ARE SEEING STRONG RECOVERY I
SEATTLE OUT OF THE PANDEMIC.
THAT'S GOOD. PEOPLE ARE USING
ELECTRICITY. THE SAME FACTORS
WITH THE COLD WEATHER WE SAW IN
THE WINTER CAUSING US TO
PURCHASE POWER IN THE MARKET,
TRANSLATED INTO HIGHER RETAIL
REVENUES FOR US AS WELL. ALL OF
THIS PUT TOGETHER, CITY LIGHT I
IN A STRONG FINANCIAL POSITION,
EVEN STRONGER THAN WE PLANNED
FOR COMING OUT OF 2022. WHAT WE
ARE PROPOSING TO DO IS DEPOSIT
SOME OF THE SURPLUS, OPERATING
CASH INTO THE RSA. YOU KNOW,
THIS WILL HAVE SOME RISK. A
TRANSFER INTO RESTRICTED RESERV
BEHAVES LIKE AN EXPENSE. IT WIL
COUNT AGAINST OUR 2023
FINANCIALS. WE WANT TO KEEP AN
EYE ON WE DON'T WANT TO TRANSFE
SO MUCH MONEY INTO THE RSA WE
WEAKEN THE 2023 FINANCIAL
RESULTS BECAUSE IT COULD HAVE
THE POTENTIAL CREDIT RATING
IMPACTS, SO, YOU KNOW, YOU CAN
SEE ON THE CHART ON THE RIGHT,
WE WOULD NOT PROPOSE TO GO MUCH
MORE BELOW -- WE WOULD NOT
PROPOSE TO GO BELOW 1.8 TIMES,
49 OR $50 MILLION GIVEN THE
CURRENT FORECAST. THAT'S
SOMETHING TO KEEP IN MIND AS WE
LOOK AHEAD TO SEPTEMBER AND MAK
THE DETERMINATION OF WHAT WE CA
DO AT THAT TIME IF ANOTHER
SURCHARGE IS CROPPING UP.
SO EVERYTHING WE HAVE TALKED
ABOUT SO FAR HAS BEEN BACKWARD
LOOKING. SHIFTING TO TALK ABOUT
THE 2023 CALENDAR YEAR AND WHAT
WE ARE PROJECTING FOR THE RUNOF
SEASON AND TOWARDS THE END OF
2023. SO THIS IS A CHART SHOWIN
OUR FORECAST OF NET WHOLESALE
REVENUES FOR THE 2023 CALENDAR
YEAR, AND YOU KNOW, AS I
MENTIONED CITY LIGHT IS USUALLY
LONG POWER SURPLUS, AND THIS IS
A REVENUE IN OUR BOOKS. THE
DIFFERENT COLOR FORECASTS
REPRESENT THE VINTAGE OF THE
FORECAST, AND YOU CAN SEE BACK
IN NOVEMBER, WE WERE PROJECTING
VERY HIGH REVENUES FOR THIS
YEAR, AND OVER TIME, THAT HAS
DECLINED TO THE POINT WHERE NOW
WE ARE PROJECTING BASICALLY
ZERO. IT'S ACTUALLY THE LATEST
FORECAST, A NEGATIVE $4 MILLION
IN NET WHOLESALE REVENUES. SO I
WILL TURN IT BACK OVER TO EMEKA
TO TALK A LITTLE BIT ABOUT THE
DRIVERS BEHIND THE DECLINE AND
THE OUTLOOK FOR 2023.
>> THANK YOU. SO AS THE SLIDE
SHOWS HERE, YOU CAN SEE WHERE W
ARE LOOKING FORWARD NOW TO THE
SPRING AND SUMMER RUNOFF SEASON
AND LOOKING AT THE -- WHAT WE
ANTICIPATE FOR OUR PROJECTS, AN
AS YOU CAN SEE, AT THOSE SAME
GAUGES, WE ARE, YOU KNOW, 89 AN
90% OF NORMAL. STILL BELOW
NORMAL, BUT WHAT HAS BEEN TRUE,
THE SNOW PACK REMAINS CERTAINLY
BETTER THAN WHAT THE LIQUID
PRECIPITATION HAS BEEN TO THIS
POINT, SO WE ARE WATCHING IT
REALLY CLOSELY. WE ARE CERTAINL
RECOGNIZING THAT A LOT DEPENDS
ON THE TIMING AND INTENSITY OF
THE RUNOFF AND SORT OF HOW IT
MATERIALIZES IN THE DURATION OF
IT. THERE'S DEFINITELY STILL
UNCERTAINTY FOR THE YEAR. WE AR
PLANNING AROUND THAT. WE ARE
REALLY KEEPING A CLOSE EYE ON
THAT. SO NEXT SLIDE SHOWS REALL
WHAT HAS HAPPENED WITH WHOLESAL
MARKET PRICES. AGAIN, THE PRICE
ARE HIGH. THEY HAVE BEEN HIGH
SINCE THE FOURTH QUARTER OF LAS
YEAR. THEY REALLY STARTED TO
DRIFT UPWARDS IN ABOUT THE LAST
YEAR, AND THEY BECAME REALLY
VOLATILE LATE LAST YEAR IN
DECEMBER WITH THE SPIKES THAT
YOU CAN SEE. THE PRICES DO SEEM
TO BE STABILIZING SOMEWHAT. YOU
CAN SEE THERE'S STILL SOME
UNCERTAINTY, AND MARKET ANALYSI
PROJECTS HIGHER THAN NORMAL
PRICES FOR THE BALANCE OF THE
YEAR. SO THE OTHER THING TO NOT
ABOUT THIS, THE TRAJECTORY,
HOPEFULLY DEPICTING HOW THE
EXPOSURE CAN BE VOLATILE AND
VERY TIME BASED. SO WITH THAT,
WILL HAND IT BACK TO KIRSTY TO
MOVE INTO THE WRAPUP.
>> THIS IS THE MONTHLY VERSION
OF THE COLORED BAR SLIDE YOU SA
EARLIER. JANUARY, FEBRUARY,
MARCH, AND THE NEGATIVE REVENUE
THAT WE SAW THERE. AS WE MOVE
INTO THE RUNOFF SEASON, AND IT
HOPEFULLY FINALLY STARTS TO WAR
UP, WE ARE HOPING TO SEE WATER
GENERATION IN MAY AND JUNE, AND
THEN THE SUMMER IS, YOU KNOW,
ANOTHER TIME WHERE THERE'S A LO
OF VARIATION IN SUPPLY AND
DEMAND BECAUSE OF COOLING
DEMAND, AND YOU KNOW, ESPECIALL
IN AUGUST. YOU CAN SEE THERE
THAT IT IS REFLECTING THAT, AND
THEN THE WATER YEAR WILL RESET
IN THE FALL AND GO TO THE END O
THE YEAR. YOU KNOW, THIS IS WHA
WE WILL BE WATCHING AS WE MOVE
THROUGH THE RUNOFF AND SUMMER
HEATING SEASON, AND AS WE MOVE
TO THE NEXT RSA CHECK POINT AT
THE END OF SEPTEMBER. SO THE
LEGISLATION WE HAVE BEFORE
COUNCIL IS TO REQUEST YOUR
APPROVAL FOR THIS CASH TRANSFER
THAT WILL FORSTALL THE JUNE 1
SURCHARGE AND ALSO AUTHORIZES A
POTENTIAL TRANSFER LATER IN THE
YEAR IF IT IS NEEDED AND IF OUR
FINANCIALS SUPPORT IT. OUR NEXT
STEPS ALSO INCLUDE WORK WE WILL
BE DOING WITHIN THE DEPARTMENT
TO MANAGE THE WHOLESALE RISKS,
AND I WILL TURN IT OVER TO EMEK
TO CLOSE US OUT.
>> YES, THANK YOU. SO THE LAST
PART IS REALLY SORT OF, AGAIN,
CONTINUING TO LOOK FORWARD.
MONITORING THE RUNOFF AS I SAID
AND FINDING THE HYDRO GENERATIO
FORECAST. WE ARE TRYING TO BE
ATTENTIVE TO THE TREND, THINGS
ARE DRIER THAN PREDICTED. THAT
MEANT WE ARE DOING FORWARD
PURCHASING TO MAKE SURE WE ARE
SECURING IN ADVANCE RESOURCES T
MAKE IT THROUGH THE SUMMER
DEPENDING HOW THINGS GO. THE
CURRENT SITUATION IS A NEAR-TER
SHOCK, BUT AS THE CHAIR SAID AT
THE BEGINNING, IT'S REALLY --
MOST OF OUR SOLUTIONS ARE
DURABLE SOLUTIONS AND ARE
LONG-TERM. WE DO SEE THIS AS
BEEN AN INDICATIVE SHARE FOR TH
MARKETPLACE. ONE SOLUTION IS
SOMETHING WE TALKED ABOUT
BEFORE. THE WORK WE HAVE DONE O
THE INTEGRATED RESOURCE PLAN,
CALLING FOR US TO ACQUIRE NEW
RESOURCES. WE ISSUED AN RFP FOR
THOSE RESOURCES AT THE BEGINNIN
OF THE YEAR, WORKING THROUGH TH
EVALUATION PROCESS, HOPING TO
MOVE INTO CONTRACTING FOR THE
LONG-TERM RESOURCES IN THE
BALANCE OF THE YEAR. WE ARE
CERTAINLY CONTINUING TO STAY
NIMBLE AND ATTENTIVE TO THE
BRIDGE OPPORTUNITIES AS WELL. I
WE FIND THE OPPORTUNITIES TO
SECURE THE ADDITIONAL RESOURCES
WE ARE CONTINUING TO DO THAT AS
WELL. THE OTHER PIECE IS THE
BROADER MARKETPLACE AS IT IS
CHANGING. WE TALKED ABOUT
MARKETS AND TALKED ABOUT THE
WESTERN RESOURCE ADVOCACY
PROGRAM. THESE ARE ALL THINGS
THAT HELP US REALLY IMPROVE THE
VISIBILITY AND ACCESS AND STILL
IN MANAGING AROUND A CHANGING
MARKETPLACE. IN GENERAL, I THIN
MOST OF US THINK THE LARGE
ORGANIZED FOOTPRINTS WILL REALL
HELP THE VOLATILITY ISSUE AND
PROVIDE CLARITY FOR ALL OF US
TRYING TO NAVIGATE THE ENERGY
TRANSITION. I THINK THAT'S WHAT
WE HAVE GOT.
>> ALL RIGHT, THAT IS THE WHY
BEFORE US. THANK YOU VERY MUCH
FOR YOUR PRESENTATION. THAT DOE
-- IT EXPLAINS THE TENSION THAT
WE HAVE TO ALWAYS -- THAT
EFFECTS US IN BETWEEN THE
SHORT-TERM AND LONG-TERM. ERIC
McCONAGHY CIRCULATED A MEMO THA
GOES INTO DETAIL AS WELL.
ANYTHING TO ADD TO THIS?
>> THANK YOU FOR ASKING. IT'S A
MECHANISM THAT EXISTS TO HELP
OUT WITH THIS VERY THING, AND I
THIS CASE, CITY LIGHT HAS CASH
AVAILABLE WITH THE PROPOSAL
BEFORE YOU TO STALL THE
SURCHARGE, BUT I WOULD JUST LIK
TO EMPHASIZE THAT FROM
ANALYTICAL POINT OF VIEW, RSA I
TO THE ADVANTAGE OF THE UTILITY
AND RATE PAYERS, AND THE MACHIN
WOULD FUNCTION IF WE WERE IN TH
CIRCUMSTANCES WHERE CITY LIGHT
DID NOT HAVE THE CASH SURPLUS.
THAT UNDERSCORES THE THINGS THA
EMEKA AND KIRSTY SAID ABOUT THE
GENERAL VIABILITY AND STRENGTH
OF THE UTILITY AS IT STANDS NOW
>> GOT IT. IT'S A SO-CALLED
RAINY DAY FUND IN A SENSE, AND
HAD A QUESTION. DOES THE -- IT
WAS MENTIONED IT WAS FORMED IN
2010. DO OTHER PUBLIC UTILITIES
-- IS THAT A COMMON PRACTICE IN
THE WESTERN REGION?
>> UM, I THINK IT'S PRETTY
COMMON FOR ELECTRIC UTILITIES T
HAVE A POWER COST ADJUSTMENT
MECHANISM. MAYBE CITY LIGHT IS
UNIQUE THAT SO MUCH POWER IS
FROM HYDROPOWER. PUGET, I THINK
THE POWER COST ADJUSTMENT IS
MORE THE COST OF NATURAL GAS FO
THE GAS-FIRED PLANTS. YEAH, I
THINK THAT, YOU KNOW, THE
OUTSIDE RISKS ARE SOMETHING THA
ALL ELECTRIC UTILITIES FACE IN
SOME WAY OR ANOTHER.
>> THANK YOU. OKAY, AT THIS
POINT, I WOULD LIKE TO OPEN THE
FLOOR UP FOR QUESTIONS FROM MY
COLLEAGUES BECAUSE WE ARE NOT
GOING TO HAVE OUR VOTE UNTIL
NEXT MEETING, SO NOW IS THE TIM
TO GET YOUR QUESTIONS ON THE
TABLE. GO AHEAD. STRAUSS?
>> THANK YOU, CHAIR. THANK YOU
ALL FOR COMING AND PRESENTING.
IND IT'S A PRUDENT USE OF THE
RSA FUNDS. THIS IS THE VERY
PURPOSE OF THE FIXED FUND AND
WHAT IT IS SET UP FOR. KIRSTY,
APPRECIATE THE EXPLANATION
BETWEEN THE FIXED FUND AND THE
GENERATE PAYER FUND AND THE
ATTENTION THERE TO MAKE SURE --
>> WE DO HAVE STRONG FINANCIAL
OUTLOOK, AND HOW DO WE MAINTAIN
THAT AND ENSURE WE ARE NOT
ADDING SURCHARGES TO THE
RESIDENTS? BECAUSE WE SET UP TH
RSA TO DO JUST THIS. THANK YOU
FOR BRINGING THIS FORWARD TO US
I DON'T KNOW WHO IS CONTROLLING
THE SLIDE, BUT IF YOU COULD PUL
THAT BACK UP TO JUST LOOK AT OU
DIFFERENT FORECASTS? WHEN WE
WERE HAVING THE CONVERSATION
AHEAD OF THE BRIEFING, WE WERE
TALKING ABOUT NOT ONLY THE SNOW
PACK, BUT THE COOL WEATHER AND
THEN THE WARM WEATHER, AND THEN
ALSO THE INFLUENCE OF WHEN THE
SNOW MELTS VERY RAPIDLY, AND WE
HAVE FLOODING BECAUSE, YOU KNOW
JUST COMING IN TO WORK TODAY, I
HAD THE CHOICE OF WEARING MY
DOWN WINTER COAT OR MY SPRING
COAT, AND I THINK TODAY WAS THE
FIRST TIME I CHOSE THE SPRING
COAT, AND I'M NOT SURE IT WAS
THE RIGHT CHOICE. [ LAUGHTER ]
WE ARE AT THE END OF APRIL,
BASICALLY MAY, AND WE HAVE HAD
VERY COLD SUMMER, AND WE WENT
FROM A WARM FALL TO A COLD
WINTER, AND IT SEEMS LIKE IT'S
THE DRASTIC TRANSITION AGAIN.
THE REASON I BRING THIS UP, I
BELIEVE IT'S THE ARMY CORPS OF
ENGINEERS TAKING OVER OUR DAMS
DURING FLOODING. MAYBE YOU CAN
EXPLAIN HOW FLOODING AND RAPID
MELTING OF SNOW CAN ACTUALLY
CAUSE PROBLEMS FOR US.
>> YEAH, I CAN TRY TO PROVIDE
COLOR THERE. SO, YOU KNOW, A
COUPLE OF THINGS WE WATCH. AS
YOU SAID, HOW THE SNOW PACK
MELTS, AND HOW THE SNOW MELT
MATERIALIZES IS IMPACTFUL. WE
HAVE RESPONSIBILITIES AROUND OU
PROJECTS WITH RESPECT TO
MANAGING THE FLOODING. AROUND
SKAGIT HAS MENTIONED, THERE'S
CONDITIONS UNDER WHICH THE ARMY
CORPS OF ENGINEERS TAKING
CONTROL OF THE FLOWS TO MANAGE
THE FLOODING. SO WE ARE STILL,
YOU KNOW, SORT OF WATCHING THAT
VERY CLOSELY. IT REMAINS TO BE
SEEN HOW QUICKLY THE WEATHER
WILL WARM UP AND HOW QUICKLY AS
WE TALKED ABOUT EARLIER, SOIL
CONDITIONS, HOW MUCH WILL SEEP
INTO THE GROUND, AND HOW MUCH
WILL RUN OFF. THAT'S ALL IN
PLAY, AND WE HAVE TO MANAGE
AROUND THAT. WE CERTAINLY DON'T
WANT THE OVERLY RAPID MELT
LEADING TO US SPILLING A LOT OF
THE WATER WHICH IS OUR FUEL,
OBVIOUSLY, FOR GENERATING
ELECTRICITY. TRYING TO HAVE THA
HAPPEN IN A WAY WHERE WE CAN
MANAGE THE FLOODING, AND WE
DON'T HAVE TO SPILL A LOT, BUT
WE ARE ALSO ABLE TO GENERATE.
>> THAT'S GREAT. I'M GOING TO
TAKE IT ANOTHER LEVEL. WE HAVE
VERY DRY SOIL, MEANING IT CAN'T
SOAK UP WATER RAPIDLY WHEN WE
HAVE, YOU KNOW, VERY WET SOIL,
WE ARE ABLE TO SOAK THE MELT UP
QUICKLY, AND WHEN WE HAVE DRY
SOIL, IT ALL FLOODS INTO THE
LAKES, WHICH THEN THE ARMY CORP
OF ENGINEERS TELLING US WE HAVE
TO RELEASE THE STORAGE, WHETHER
WE WANT TO OR NOT, AND YOU KNOW
WE SEE A GOOD SNOW PACK UP THER
RIGHT NOW, AND THAT'S NOT AS BA
AS IT COULD BE, BUT WE MIGHT NO
BE ABLE TO RETAIN ALL OF THE
SNOW PACK BECAUSE, IF FLOODING
OCCURS, WE HAVE TO RELEASE THE
STORAGE. AT THE VERY SAME TIME
OUR CUSTOMERS ARE USING MORE
ELECTRICITY TO STAY WARM, AND
THEN RAPIDLY TRANSITIONING TO
USING MORE ELECTRICITY TO STAY
COOL. THIS IS JUST A VERY
INTERESTING INTERSECTION, AND
YOUR ABILITY TO PLAN FOR THIS
WITH SO MANY UNKNOWNS, IT'S JUS
INCREDIBLE. THANK YOU.
>> THANK YOU.
>> I THINK THE UNKNOWN WILL BE
THE OPERATING PRINCIPLE GOING
FORWARD BECAUSE WE ARE SEEING
THAT THE EXCEPTION IS BECOMING
THE NORM IN SEASON TO SEASON AN
YEAR TO YEAR. I WILL NOTE THAT
IN MY REAL LIFE, I NOTICED THIS
BECAUSE IN OCTOBER, THERE WERE
NO MUSHROOMS OR NOVEMBER, AND
I'M A CARD-CARRYING MEMBER OF
THE PUGET SOUND MICROBIOLOGY
SOCIETY, AND THERE WERE FEW
SAMPLES FROM THE WESTERN SIDE O
THE MOUNTAIN. THAT'S HOW I
NOTICED IT. ANYWAY, ANY OTHER
QUESTIONS OR COMMENTS? ALL
RIGHT, WE WILL CONTINUE THIS AT
THE NEXT MEETING. THANK YOU VER
MUCH. I APPRECIATE YOU COMING
FORWARD AND PROVIDING THIS
PRESENTATION.
>> THANK YOU. I LIKE MUSHROOMS,
TOO.
>> YEP.
OKAY, WELL, WOULD YOU PLEASE
READ THE NEXT ITEM INTO THE
AGENDA?
>> ITEM FIVE, COUNCIL BILL
120537. AN ORDINANCE RELATING T
DOWNTOWN BUSINESS IMPROVEMENT
AREAS, ESTABLISHING A NEW
TEN-YEAR BUSINESS IMPROVEMENT
AREA TO BE KNOWN AS THE
METROPOLITAN IMPROVEMENT
DISTRICT, LEVYING ASSESSMENTS
UPON OWNERS OF COMMERCIAL
PROPERTY, MULTIFAMILY
RESIDENTIAL PROPERTIES AND
MIXED-USE PROPERTY WITHIN THE
AREA, PROVIDING FOR THE DEPOSIT
AND EXPENDITURES THERE FROM.
PROVIDING FOR THE COLLECTION OF
AND PENALTIES FOR DELINQUENCIES
AND PROVIDING FOR THE
ESTABLISHMENT OF A RATEPAYER
ADVISORY BOARD PROVIDING FOR AN
IMPLEMENTATION AGREEMENT WITH A
PROGRAM MANAGER.
>> IN OLYMPIA I NOTICED IT'S A
TRADITION OF SAYING LAST LINE.
WE HAVE PRESENTERS. PLEASE
INTRODUCE YOURSELVES.
>> GOOD MORNING. CHAIR NELSON,
COMMITTEE MEMBERS, I'M THE
DEPUTY DIRECTOR OF OFFICE
ECONOMIC DEVELOPMENT,
REPRESENTING OUR DIRECTOR, AND
I'M ALSO HERE WITH OUR STAFF
PERSONS, AND I WILL HAVE THEM
INTRODUCE THEMSELVES. VERY HAPP
AND ALSO HERE WITH MEMBERS OF
THE DOWNTOWN SEATTLE ASSOCIATIO
AND WILL HAVE THEM REPRESENT.
THIS IS A WONDERFUL OPPORTUNITY
HERE TO DISCUSS THE RENEWAL OF
THE METROPOLITAN IMPROVEMENT
DISTRICT, ALSO KNOWN AS THE
M.I.D.
>> I'M JON SCHOLES, PROGRAM
MANAGER FOR M.I.D.
>> GOOD MORNING, COUNCILMEMBERS
I'M PHILIP SID THE M.I.D.
ADVOCATE.
>> THANK YOU.
>> I'M JASMINE MARWAHA WITH
COUNCIL CENTRAL STAFF.
>> THANK YOU VERY MUCH. AT THE
LAST MEETING, I OPENED WITH A
THOUGHT EXPERIMENT, AND OTHER
PEOPLE ENGAGED IN AS WELL,
BASICALLY THE QUESTION WAS WHAT
WOULD DOWNTOWN BE LIKE WITHOUT
THE M.I.D.? I JUST WANT TO PAUS
FOR A MOMENT AND PULL UP SLIDE
NUMBER OF THE DSA PRESENTATION
LAST TIME. THERE IT IS. I WAS
MENTIONING THE LIGHTS AND
PROGRAMMING AND WHAT WE SAW IN
THE PRESENTATION. M.I.D. WAS
ABLE TO ACCOMPLISH JUST IN MARC
OF THIS LAST YEAR. AND THIS WOR
HAS BEEN GOING ON FOR THE LAST
24 YEARS. THE M.I.D. AMBASSADOR
HAVE BEEN CLEANING AND RENDERIN
SERVICE, AND HELPING WITH THE
ENGAGEMENT OF OUR URBAN SPACES
AND MAKING DOWNTOWN A BETTER
PLACE FOR EVERYBODY FOR THE PAS
24 YEARS. WHAT WE HAVE BEFORE U
IS THE REAUTHORIZATION OF M.I.D
THIS VERSION WILL EXPIRE ON JUN
30th , AND WE ARE RENEWING THE
LEGISLATION BEFORE US --
RENEWING THE AUTHORIZATION FOR
ANOTHER TEN YEARS. SO WHEN I WA
TALKING ABOUT HOW LUCKY WE ARE
AS A CITY TO HAVE THIS RESOURCE
THAT IS REALLY PROVIDING
ESSENTIAL BASIC SERVICES TO THE
PEOPLE OF DOWNTOWN AND ITS
VISITORS AND WORKERS, I REALLY
EMPHASIZED THE POINT THAT THE
PROPERTY OWNERS HAVE CHOSEN TO
STEWARD OUR DOWNTOWN SPACES FOR
US, AND I, AS A CITY LEADER, I
AM VERY FORTUNATE, AND I THINK
THAT WE SHOULD ALL FEEL VERY
GRATEFUL. I WAS NOT ALONE IN TH
SENTIMENTS. I JUST WANT TO PUT
IN FOR THE RECORD, DURING PUBLI
COMMENT LAST MEETING, ON APRIL
12th. NINE PEOPLE SPOKE IN
PERSON, AND ONE SPOKE REMOTELY
IN FAVOR OF THE SESSION. PUBLIC
HEARING 37 IN FAVOR, AND ONE
PERSON REMOTELY IN OPPOSTION. I
JUST WANT TO PUT ON THE RECORD
THAT WE ALSO HAVE A ROOM FULL O
PEOPLE SAYING YOUR SIGNS READ W
NEED THE M.I.D. I LOVE THE
M.I.D., AND THERE IS A LOT OF
ENTHUSIASM FOR THE LEGISLATION
GOING FORWARD. I WANT TO PROVID
THE OPPORTUNITY NOW FOR FOLKS A
THE TABLE TO SAY A FEW WORDS.
I'M HAPPY TO RESPOND TO ANY
QUESTIONS, BUT FOLLOWING UP ON
THE COMMENTS AND PRESENTATION
FROM APRIL 12th, THE PROPERTY
OWNER COMMUNITY -- INVESTING
MORE IN THE PROPOSAL BEFORE YOU
THAN WHAT WE WILL COLLECT THIS
YEAR. $3MILLION MORE IN
SERVICES, AND THE GREAT PEOPLE
BEHIND ME, AND THOSE OUT ON THE
STREETS WANT TO CONTINUE TO
PROVIDE THE GREAT SERVICE THEY
DO EACH AND EVERY DAY. WE
BELIEVE THE SERVICES, THE
INVESTMENTS AND SERVICES ARE
CRITICAL AND FOUNDATIONAL TO TH
REVITALIZATION OF DOWNTOWN.
EVERYONE BENEFITS FROM THEM.
EARNLY THE FOLKS MAKING THE
INVESTMENT AND SHOPPING AND
LIVING AND VISIT, AND THOSE
FOLKS WHO ARE COMING FROM
THROUGHOUT THE CITY AND REGIONS
AND HAPPY TO ANSWER ANY
ADDITIONAL QUESTIONS THAT THE
COMMITTEE MAY HAVE ON THE
BUSINESS PLAN BEFORE YOU, BUT
WANT TO REFLECT THE STRONG
SUPPORT FROM THE COMMUNITY AND
THE PROPERTY OWNERS AND THE DEE
COMMITMENT FROM OUR TEAM TO SHO
UP EVERY DAY AND PROVIDE THE
CRITICAL SERVICE.
>> THANK YOU. YOU DID MENTION
ADDITIONAL INVESTMENT, AND THE
BUDGET FOR THIS YEAR, I BELIEVE
WILL BE 18 MILLION, AND 18.3
MILLION ANNUALLY, BASED ON
FISCAL YEAR 2023-$2,024, AND
CURRENT AN INCREASE FROM 15.5
MILLION, AND SO WHERE DOES THAT
MONEY COME FROM? THE
REAUTHORIZATION DOES ADD AN
ADDITIONAL 20 PROPERTIES, BY
MOVING THE SOUTHERN BORDER OF
THE M.I.D. A LITTLE SOUTH, AND
THERE ARE SOME CHANGES TO THE
RATE STRUCTURE, HOTELS THEIR
ROOM RATE FROM 97 TO 125, AND
THE RESIDENTIAL RATE FOR CONDO
OWNERS IS INCREASING FROM 152 T
195, PHASED IN OVER TWO YEARS,
AND THOSE ARE SOME OF THE MAIN
CHANGES, AND THAT MONEY WILL
PRIMARILY BE SPENT ON ADDITIONA
CLEANING SERVICES AND ADDITIONA
INVESTMENTS IN WAGES AND
BENEFITS FOR OUR AMBASSADORS AN
ALSO PAY FOR SOME ADDITIONAL
SECURITY AS I UNDERSTAND IT. AR
THERE ANY QUESTIONS OR OTHER
COMMENTS FROM PRESENTERS?
>> YEAH.
>> GO AHEAD.
>> COUNCILMEMBER JUAREZ.
>> THANK YOU VERY MUCH.
>> JUAREZ?
>> THANK YOU, I'M GLAD YOU CAN
SEE ME.
>> FIRST OF ALL, I WANT TO THAN
-- WELL, THANK EVERYBODY FOR
YOUR LEADERSHIP ON THIS, MADAM
CHAIR. ON THE M.I.D., I DON'T
THINK I HAVE HEARD ANYONE
AGAINST THE WHOLE PROPOSITION O
THE TEN-YEAR, AND THE RENEWAL
AND THE EXPANSION, BUT THANK
YOU, JASMINE FOR THE MEMO GOING
THROUGH THE WHOLE ANALYSIS AND
THE BACKGROUND AND ESTABLISHING
I HAVE THREE QUESTIONS, REALLY
JUST BRIEFLY. I APOLOGIZE IF I
DIDN'T QUITE UNDERSTAND. ON THE
COUNCIL BILL ITSELF AND WHAT IT
WOULD ESTABLISH, I SEE IT'S
GOING TO ESTABLISH, THREE
QUESTIONS FOR YOU GUYS. NUMBER
ONE, IS THIS THE FIRST TIME THA
WE HAVE ESTABLISHED AN ADVISORY
BOARD? AND NUMBER TWO, WHEN
WOULD WE GET AN UPDATE OF THE
ACTUAL BOARD? AND NUMBER THREE,
WHAT TYPE OF PUBLIC AGENCIES
WERE YOU CONTEMPLATING THAT MAY
BE POSSIBLE OR HAVE
REPRESENTATION ON THE BOARD?
>> SO I CAN TAKE THE FIRST
QUESTION. IN TERMS OF THERE IS
RATE ADVISORY BOARD WITH EACH
BUSINESS IMPROVEMENT AREA.
>> UH-UH.
>> GENERALLY RECOMMENDED BY THE
CURRENT PROGRAM MANAGER OF THE
B.I.A.
>> UH-UH.
>> ANNUALLY, THE PROGRAM MANAGE
OF THE B.I.A. WILL LET THE CITY
KNOW WHO IS GOING TO BE
NOMINATED AND APPOINTED TO THE
RATE PAYER ADVISORY BOARD. JON,
CAN YOU TAKE NUMBER THREE, WHAT
OTHER ORGANIZATIONS ARE PART OF
THE BOARD?
>> THE RATE PAYER BOARD
CONSISTING OF 35 RATE PAYERS
TODAY REFLECTING THE DIVERSITY
OF PROPERTY OWNERSHIP AND THE
TYPES OF PROPERTY IN THE
DISTRICT AND THE DIVERSITY OF
NEIGHBORHOODS. WE OFTEN HAVE
PARTICIPATION AND INVOLVEMENT
FROM RELEVANT CITY AGENCIES FRO
THE CITY POLICE DEPARTMENT OR
OED OR OTHER AGENCIES AS
PRESENTERS AND PARTICIPANTS IN
THOSE MEETINGS, BUT THE BOARD
ITSELF, I THINK IT'S CONSISTENT
WITH HOW THE OTHER B.I.A.s ARE
STRUCTURED AND ADVISORY BOARDS
AROUND THE CITY, REPRESENTATIVE
OF THE PROPERTY OWNERS OR
BUSINESS ENTITIES PAYING IN. TH
ORDINANCE STRUCTURES IT IN THAT
FORM AND FASHION, COUNCILMEMBER
>> WELL, IF I COULD HAVE A
FOLLOWUP, MADAM CHAIR?
>> YES.
>> WHEN YOU SAY -- I'M ACTUALLY
LOOKING AT JASMINE'S MEMO, AND
JASMINE, YOU DIDN'T PUT PAGE
NUMBERS ON YOUR MEMO. I CAN'T
FIND IT, YES, SHE DID. PAGE
FOUR, WHEN IT SAYS, AND MAY
INCLUDE PUBLIC AGENCIES, I GUES
WHY THAT CAUGHT MY EYE WAS THE
EXPANSION OF THE M.I.D. IF YOU
HAVE ANY PUBLIC AGENCY IN MIND
OR IF WE HAD OTHER M.I.D.s OR
BIAs WITH PUBLIC AGENCIES OR
NONPROFITS. THAT'S WHAT I WAS
GETTING AT. IF YOU DON'T HAVE A
ANSWER OR AN EXAMPLE, THAT'S
FINE, TOO. THAT WAS JUST KIND O
THE QUESTION I HAD. THANK YOU.
>> WE HAD REPRESENTATION FROM
PUBLIC AGENCIES THAT HAVE BEEN
VOLUNTARY RATE PAYERS THAT ARE
NOT LEGALLY OBLIGATED TO PAY TH
ASSESSMENT, BUT THEY PAY ANYWAY
THE CONVENTION CENTER HAS BEEN
ONE OF THE ENTITIES, AND THEY
SERVED ON THE BOARD, AND THE
SEATTLE ART MUSEUM, AND THE
ENTITIES ALONG WITH THE PIKE
PLACE MARKET HAVE HAD
REPRESENTATION ON THE BOARD. I
THINK THAT WOULD MAYBE ANSWER
YOUR QUESTION, COUNCILMEMBER,
BECAUSE OF THEIR STATUS AS A
VOLUNTARY RATE PAYER. THEY ARE
PUBLICALLY OWNED ENTITIES AND
HAVE SERVED ON THE RATE PAYER
BOARD IN THE PAST, AND A FEW
CONTINUE TO SERVE TODAY.
>> I AM ALSO -- I HAVE AN
ULTERIOR MOTIVE. I'M PUSHING FO
THE BIA IN THE NORTH END, AND
WORKING WITH THOSE FOLKS, AND I
THINK WE ONLY HAVE ONE, AND
CORRECT ME IF I'M WRONG, ONLY
TWO BIAs NORTH OF THE SHIP
CANAL. WITH THE EXPLOSION OF
ECONOMIC DEVELOPMENT AND THE
FOOTPRINT GOING ON AT NORTH GAT
AND LIGHT RAIL, AND DEVELOPMENT
IN HOUSING AND ALL OF THE
ECONOMIC ENGINES THAT ARE
SPRINGING UP EVERYWHERE IN OUR
CONVERSATIONS, AND I'M LOOKING
AT THIS MEMO, AND THE BLUEPRINT
FOR WHAT YOU'RE DOING, AND SO
NOT ONLY CAN WE HAVE A BIA-TYPE
OF OPPORTUNITY IN THE NORTH END
BUT I'M JUST TRYING TO EXPLORE
WHAT OTHER TYPE OF PUBLIC
AGENCIES AND NONPROFITS BESIDES
BUSINESS OWNERS THAT WOULD BE
PART OF THIS, CONTRIBUTING TO
THIS THAT WE DESPERATELY NEED I
THE NORTH END. THANK YOU FOR
THAT.
>> DID YOU WANT TO PROVIDE ANY
--
>> GO AHEAD, JASMINE.
>> NO, BUT SINCE I GOT A
SHOUTOUT, THE LEGISLATION
REQUIRES THE COMPOSITION OF THE
BOARD SHA THE BE REPRESENTATIVE
OF THE VARYING RATE PAYER,
PROPERTY OWNERS, BUSINESSES, AN
TENANTS WITHIN THE M.I.D. AND
MAY INCLUDE PUBLIC AGENCIES.
THAT'S SORT OF SPEAKING TO
CONSISTENT WITH --
>> SINCE WE ARE THERE. I WILL B
FRANK WITH YOU THE OTHER ISSUE,
WE ARE CONTEMPLATING ECONOMIC
DEVELOPMENT AND TRIBAL
PARTICIPATION IN THE NORTH END
WITH ALL OF THE ECONOMIC
OPPORTUNITIES THAT THE TRIBAL
COMMUNITIES, NOT JUST CASINOS
HAVE PROVIDED AS WELL AS HOTELS
AND RESTAURANTS AND OWNING
TEAMS, AND JUST ABOUT EVERYTHIN
ELSE, AND THE BUILDINGS THAT
THEY JUST BOUGHT IN DISTRICT
FOUR. I AM TRYING TO LIKE
STRUCTURE IT SO WE ARE -- I HAT
TO SAY IT BECAUSE IT SOUNDS
CORNY, MORE INCLUSIVE. IF I SAY
CENTURY OR UPLIFT, SOMEONE HIT
ME. THAT'S WHAT I'M GETTING AT,
THE EXPANSION OF THAT. THAT'S
WHERE I'M HEADED, AND BEFORE I
LEAVE, I THINK IT'S 250 DAYS, I
AM TRYING TO GET THAT IN PLACE.
JUST KNOW THAT. THANK YOU.
>> NOTED. LOUD AND CLEAR. [
LAUGHTER ]
>> ALL RIGHT, I AM GOING TO MOV
THE BILL AND THEN PROVIDE ONE
MORE OPTION. OH, GO AHEAD,
PLEASE.
>> SORRY, I'M USING ZOOM. ARE
YOU ABLE TO -- GO AHEAD, IS THI
A GOOD TIME?
>> PLEASE DO. GREAT, GREAT,
GREAT. COUNCIL PRESIDENT, ARE
YOU COUNTING?
>> YOU KNOW I AM. COME ON NOW.
>> OH, MAN. I HAVE WORKED
DOWNTOWN THROUGHOUT THE
PANDEMIC, AND I THINK THERE WER
ONLY A COUPLE OF MONTHS DURING
THE DEEP PANDEMIC I DIDN'T COME
DOWNTOWN, AND I HAVE SEEN
EVERYTHING SHIFT, YOU KNOW, WE
WORKED REALLY HARD TO GET CITY
HALL PARK IN A REALLY GOOD PLAC
BEFORE THE PANDEMIC, AND IT ALL
DISAPPEARED IN TWO WEEKS. IT WA
REALLY HEART WRENCHING, AND I
HAVE SEEN YOU DOWN HERE THIS
ENTIRE TIME. WHEN THERE WERE SO
FEW PEOPLE DOWNTOWN, THE M.I.D.
WAS HERE. THIS WAS INCREDIBLE.
HAVE WORKED FROM MY OFFICE FIVE
DAYS A WEEK AS SOON AS I COULD,
WELL OVER A YEAR AT THIS POINT,
AND PART OF THIS IS BECAUSE
DOWNTOWN IS BIGGER THAN ANY OF
US. DOWNTOWN IS OUR REGIONAL
CENTER, CITY CENTER. IF YOU'RE
FROM BELLEVUE AND TRAVELING
ABROAD, YOU SAY YOU'RE FROM
SEATTLE. BECAUSE DOWNTOWN IS
BIGGER THAN ANY OF US, IT REALL
TAKES ALL OF US FOR THE SUCCESS
TO BE BROUGHT IN. IT DOESN'T
MATTER IF YOU LIVE IN THE CITY.
IT DOESN'T MATTER IF YOU LIVE I
THE NEIGHBORHOOD. IT MATTERS IF
YOU'RE FROM SOMEWHERE NEAR HERE
DOWNTOWN IS BIGGER THAN ANY AND
ALL OF US. YOU ARE OUR FRONT
LINES. JUST REALLY CANDIDLY.
YOU'RE THE FRONT LINES FOR THE
CITY, FOR THE REGION, AND FOR
ANYONE WHO SUPPORTS ANY OF OUR
TEAMS, MARINERS, KRAKEN, WHEN
YOU TRAVEL THROUGHOUT THE REGIO
AND YOU SAY YOU'RE FROM SEATTLE
WE WANT TO BE PROUD. IT'S
BECAUSE OF THE WORK YOU DO TO
KEEP OUR DOWNTOWN CLEAN. WE
HEARD FROM THE FIFTH AVENUE, AN
IT WAS A TESTIMONIAL THAT IS
HARD TO STAND AGAINST. I JUST
WANT TO TAKE THIS MOMENT TO
THANK YOU FOR WHAT YOU DO. I SE
THIS IN MY DISTRICT, IN DISTRIC
SIX. REPRESENTING MANY
MICRONEIGHBORHOODS, AND I HAVE
DISTRICT OFFICE IN DOWNTOWN
BALLARD. WE DON'T HAVE THE
M.I.D. IN BALLARD. WHEN I SHOW
UP, I CLEAN UP. I WISH I HAD A
PRESSURE WASH AND THE REST. I
HAVE A TRASH BAG, LITTER PICKUP
KIT, AND DUST PAN. I HAVE PICKE
UP THINGS I DIDN'T WANT TO
TOUCH. SOME DAYS ARE HARD, AND
ONCE IT IS CLEAN, IT CREATES A
MORE INVITING ENVIRONMENT FOR
EVERYONE. I COULDN'T DO IT
WITHOUT THE B.I.A. WHEN IT WAS
CONTRACTED, IT WAS NIGHT AND
DAY. IT'S NOT JUST TRASH. IT'S
THE LEAVES. IT'S THE PRESENCE.
IT'S HAVING OUR COMMUNITY
TOGETHER, AND WHEN I COME
DOWNTOWN. YOU, THE AMBASSADORS,
YOU ARE WHO I SEE WHEN I GET OF
THE BUS AND WALK TO LUNCH, AND
YOUR SERVICES LAST PAST 5:00
P.M. I SEE YOUR BENEFIT WHEN I
STAY LATE FOR A KRAKEN OR
MARINERS' GAME, AND I SEE YOUR
BENEFIT LAST WHEN I STAY LATE T
GO TO FIFTH AVENUE OR ACT
THEATER. IF YOU CAN SEE A
DOWNTOWN ALLEY FREE OF
COMPLAINTS, YOU CAN DO ANYTHING
I'M VERY EXCITED TO SUPPORT YOU
TODAY, AND JUST WHEN YOU'RE
HAVING A HARD DAY, WHEN YOU
SHOWED UP EARLY AND YOU'RE
PICKING UP AND TOUCHING THE
THINGS YOU DON'T WANT TO TOUCH,
I AM RIGHT THERE WITH YOU. IF I
HOW I START A LOT OF MY DAYS,
TOO, AND YOU DO IT ALL THE TIME
MY DUTIES ARE AS OTHERWISE
ASSIGNED. WHEN YOU'RE FEELING
GROUCHY BECAUSE YOU'RE TOUCHING
AND CLEANING UP THE THING YOU
HAVE DONE 100 TIMES OVER THIS
YEAR, JUST KNOW THAT YOU ARE
REPRESENTING OUR CITY, OUR
REGION, AND IT'S BIGGER THAN AL
OF US, AND YOU ARE THE FRONT
LINES, AND WE APPRECIATE YOU AN
ALL OF THE WORK YOU DO. JON,
THANK YOU FOR BRINGING THIS TO
US, AND THANK YOU, ALL, FOR ALL
OF YOUR WORK.
>> GO AHEAD.
>> I JUST WANT TO SAY THAT WHEN
WE WERE HERE LAST TIME, MAKING
THE PRESENTATION, FOR THE FIRST
TIME SINCE THE PANDEMIC,
EVERYBODY CHAIR IN THE CHAMBER
WAS FULL. THE ENERGY IN THE
ROOM, TO SUPPORT THIS RENEWAL
WAS OUTSTANDING. THERE WERE
MEMBERS FROM EVERY PART OF THE
COMMUNITY BUSINESSES AND
RESIDENTS. THE VIBRANT ENERGY T
SAY, YOU KNOW, HOW THE M.I.D.
HAS HELPED AND HOW DURING THE
PANDEMIC, THEY WERE THERE TO
HELP WITH THE RECOVERY. IT'S NO
JUST WHAT HAS HAPPENED UNTIL
NOW, BUT THE FUTURE. WE HAVE
BEEN TALKING ABOUT HOW CRITICAL
DOWNTOWN IS FOR OUR FUTURE, AND
THAT IS WHERE THE IMPORTANCE
LIES. WE WERE SEEING IT UNFOLD
BEFORE OUR EYES, THE COMMITMENT
I JUST WANTED TO SHARE THAT IS
STILL, I THINK RESINATING WITH
MANY OF US, AND I WANTED TO TAK
THE OPPORTUNITY, AGAIN, TO THAN
JOHN FOR BEING A CATALYST IN
MAKING THAT HAPPEN.
>> THANK YOU VERY MUCH FOR THAT
I WAS TRYING TO PUT A COLLAGE.
WAS GOING TO SHOW THE ROOM, AND
I WOULD LIKE TO GET TO THE POIN
WHERE WE CAN -- WHERE THE ROOM
IS VISIBLE TO THE AUDIENCE IN T
LAND, BUT YOU'RE ABSOLUTELY
RIGHT. THANK YOU VERY MUCH FOR
UNDERLINING THE POINT. FOR FOLK
WONDERING WHO IS JON, I REMIND
PEOPLE THAT JON SCHOLES IS THE
HEAD OF THE ASSOCIATION THAT
MANAGES M.I.D. AGAIN, TWO
SEPARATE ENTITIES IT, BUT THANK
YOU, VERY MUCH, JON FOR THE WOR
YOU HAVE DONE TO GET US TO THIS
POINT. I NOTICE YOUR STAFF HAS
BEEN WORKING CLOSELY WITH OUR
OFFICE AS WELL. I JUST WANT TO
SAY DSA DOES A LOT MORE THAN
MANAGE THE M.I.D. YOU ARE -- YO
ADVISE THE CITY ON POLICY
INITIATIVES, AND YOU PROVIDE US
DATA FOR WHAT IS GOING ON ON TH
STREET AND HOW MANY PEOPLE ARE
BACK IN THE OFFICE, AND YOU HEL
US PLAN FOR THE FUTURE, AND I
WILL HAVE MORE COMMENTS ABOUT
THAT, BUT I JUST WANT TO SAY, T
NOTE THAT IS WHY YOU'RE AT THE
TABLE AS WELL. THANK YOU VERY
MUCH.
>> I APPRECIATE ALL OF THAT. I
DO WANT TO JUST IMPART, IT'S A
PROPOSAL FROM THE DOWNTOWN
PROPERTY OWNER COMMUNITY TO YOU
AND THE GREAT WORK IS REALLY AL
OF THE PEOPLE BEHIND ME. I'M
SORT OF THE MESSENGER RELAYING
THE SUPPORT OF WHAT IS BEFORE
YOU AND THE SUPPORT BEHIND IT
AND WHAT IS BEING PROPOSED. IT'
REALLY THE DOWNTOWN COMMUNITY
HERE COMING TOGETHER TO SAY WE
WANT TO MAKE THE INVESTMENTS,
AND THE WONDERFUL PEOPLE BEHIND
ME, COMMITTED TO DOING THE GREA
WORK.
>> THANK YOU.
>>> ALL RIGHT, WITH THAT, I MOV
THAT THE COMMITTEE MOVE PASSAGE
OF BILL 120537. A SECOND?
>> SECOND.
>> MOVED AND SECONDED TO
RECOMMEND THE PASSAGE OF THE
COUNCIL BILL. I WILL ASK THE
CLERK TO PLEASE CALL ROLL.
>> PRESIDENT JUAREZ?
>> AYE.
>> SAWANT?
>> YES.
>> STRAUSS?
>> YES.
>> CHAIR NELSON?
>> AYE.
>> FOUR IN FAVOR, ZERO OPPOSED.
>> EXCELLENT. THE MOTION
CARRIES, AND THE COMMITTEE
RECOMMENDATION THAT COUNCIL BIL
120537 PASS WILL BE FORWARDED T
THE CITY COUNCIL FOR
CONSIDERATION ON MAY 2nd. ALL
RIGHT, SO THIS IS A BIG DAY, AN
BEFORE WE PART, I WANT TO SAY
THAT THE MAYOR ON MONDAY
RELEASED A DOWNTOWN ACTIVATION
PLAN, AND CALLED OUT THE M.I.D.
AND THIS PROPOSAL PASSING AND
ADDITIONAL INVESTMENTS, AND THA
WAS SOMETHING YOU CALLED OUT IN
YOUR LETTER IN DSA IN THE
CHAMBER'S LETTER TO THE MAYOR.
WANT TO NOTE THEY DO BELIEVE
THAT, TO THE EXTENT POSSIBLE,
AND I DON'T KNOW IF THAT IS
POSSIBLE, THAT THE CITY SHOULD
SOMEHOW FIND A WAY TO CONTRIBUT
TO THE WORK THAT YOU DO WHILE W
ARE STILL TRYING TO NAVIGATE TH
UNCERTAIN FINANCIAL TIMES WE
HAVE BEFORE US BECAUSE DOWNTOWN
IS NOT AN AFTERTHOUGHT. IT'S NO
-- IT IS A NEIGHBORHOOD, BUT
IT'S ALSO THE NEIGHBORHOOD THAT
HAPPENS TO BE THE ENGINE OF OUR
REGIONAL ECONOMY, AND SO IT'S
ALL HANDS ON DECK TO MAKE SURE
THAT WE RECOVER AND CONTINUE TO
BE THE CITY THAT IS -- THAT
EVERYBODY LOVES TO WORK, LIVE,
PLAY, VISIT, ET CETERA, AND WE
HAVE SO MANY ASSETS GOING FOR
US, AND SO THE FUTURE IS BRIGHT
FOR DOWNTOWN, AND I JUST WANT T
SAY THIS IS A BIG MILESTONE IN
OUR FUTURE. SO THANK YOU VERY
MUCH. ALL RIGHT, I BELIEVE THAT
WE ARE AT THE END OF OUR AGENDA
UNLESS THERE'S ADDITIONAL
BUSINESS THAT MY COUNCILMEMBERS
WOULD LIKE TO ADDRESS? I AM
LOOKING AT THE ZOOM. I MUST NOT
IN THE HYBRID WORLD, IT'S HARD
TO SEE THE ZOOM SCREEN AND MY
NOTES AND ALSO MAKE EYE CONTACT
WITH PEOPLE IN THE AUDIENCE, SO
I'M LOOKING FORWARD TO -- I'M
LOOKING FORWARD TO NOT HAVING T
DO THAT AS OFTEN ANYMORE.
ANYWAY, THIS CONCLUDES. WE WILL
ALWAYS GO FORWARD WITH THE
HYBRID MODEL. I'M JUST MAKING
THE CASE IT'S DIFFICULT FOR ME.
I'M GOING TO STOP TALKING RIGHT
NOW. [ LAUGHTER ] AND THIS
CONCLUDES THE APRIL 26 MEETING
OF THE ECONOMIC DEVELOPMENT
TECHNOLOGY AND CITY LIGHT
COMMITTEE. OUR NEXT MEETING IS
WEDNESDAY, MAY 10, 2023 AT 9:30
A.M., AND THERE IS NO FURTHER
BUSINESS INDICATED BY THE SCREE
OVER HERE, AND HEARING NO
FURTHER BUSINESS, IT'S 10:50,
AND THIS MEETING IS ADJOURNED.
>> WAIT, COUNCIL, MADAME CHAIR,
DON'T FORGET, GO KRAKEN. LET'S
DO THIS.