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August 1,2001 <br /> CouvciMember Warnock questioned when the City would recap its money. <br /> Mayor Hansen stated that it would be 54 years until the facility has the ability to <br /> pay the lease amount. <br /> Councilmember Overstreet credited the foresight of Mayor Hansen fee this <br /> project.He stated that Don Hale and Lade McMullen wet,ioanumental with <br /> bringing this pject forward. <br /> President Simpson stated that this is an amwtwc development opportunity and a <br /> team effort and that Comaihnembees do listen to the citizens. <br /> Moved by Convellmember Anderson,seconded by Councilmember Pope to <br /> close the public hearing. <br /> Roll was called with all commihnembers voting yes except Ceuncihnember <br /> Gipson who was amused. <br /> Mahon carried. <br /> RESOLUTION-EVERETT SPECIAL EVENTS FACILITY LOCATION <br /> Moved by Couoellmember Overstreet, seconded by Councilmember <br /> Campbell to adapt Resolution Na.5084 count-ring with the Everett Public <br /> Facilities District's selection of a location for an Everett Special Events <br /> Facility as follows: <br /> WHEREAS,the City Council The the City of Everett,Washington bus adopted <br /> Ordinance No.2511-0l,effxrive April 10,2001,determiuiog that it is in the best <br /> interests of the City and its citizens to form apublic facilities district to undertake, <br /> in conjunction with the City,the design,coosvucnon,operation,promotion and <br /> financing of a melon.center that will promote economic development,provide <br /> needed public facilities to save local and regional business,community,family <br /> entertainmersl,youth recreation and athletic organizations;and <br /> 315 <br />