Yesterday the Council had its first public hearing on the draft MOU with Oak View Group to renovate and operate Key Arena.
Buried in all of today’s chaos over the Mayor’s resignation was the release of the draft MOU between the city and Oak View Group for the redevelopment and operation of Key Arena. It was supposed to be announced at a joint press conference this morning, but that event was hastily cancelled after the news broke about the Mayor’s latest accuser. Nevertheless, the MOU was indeed published and sent to the Council for deliberations and approval.
Here’s what it says.
This morning the Council was briefed by the Office of Economic Development (OED) on its progress in drafting an MOU with OVG Partners, the winning bidder for the Key Arena renovation project.
Next Monday, the Council’s Select Committee on Civic Arenas will meet to have its first discussion of OVG’s selected proposal for renovating Key Arena while the Mayor’s staff is negotiating a Memorandum of Understanding on how to move forward.
This afternoon, Mayor Ed Murray held a press conference to announce that he has selected Oak View Group (OVG) for the renovation and future operation of Key Arena at Seattle Center, based on their proposal.
This afternoon’s vote on the soda tax, and the withdrawal of one of the two proposals to renovate Key Arena, top this morning’s news.
This morning the City Council had its first discussion of the two proposals submitted last week for redevelopment of Key Arena. That was fairly straightforward. The bigger issue for them was how little involvement they would have in the decision-making process until the very end.
Today was the deadline for submitting proposals to redevelop the Key Arena at Seattle Center, and as expected two proposals arrived at the city’s door.
Monday morning the Council’s Select Committee on Civic Arenas held its first meeting, which entailed a high-level overview of the committee’s purview, as well as the issues related to the SODO Arena and Key Arena proposals that are likely to come before it.
The City Council recently formed a new committee to deal with the issues related to competing arena plans for Key Arena at Seattle Center and the proposed SODO Arena in the Stadium District.