2009/06/10 Council Minutes - Laserfiche WebLink

June 10,2009 He pointed out that this administration and council have consistently supported the arts and culture in our community.He listed three reasons why he does not support the execution of the lease.He urged the council to vote no and to explore other options. Moved by Council Member Olson,s ended by Council Member Nielsen to authorize the Mayor to execute a lease with the Village Theatre for the former Key Bank Building. Council President Hallen stated that anumber of letters have been received regarding this Issue end that they will be entered into the public record. They include three in support from Linda Beaumont,Desmond Skubl,and Victor Harris and one in opposition from Linda Johannes. Brace Jones,Legal,remarked that the proposed lease is a more detailed version of thememorandum of understanding which was approved in 2007. He discussed the conditions of the lease. He stated that the Village Theatre has secured commitments of$900,000.00 for tenant improvements. Bab Overstreet,Everett Myma Overstreet,Everett;and Peter Newland, Everett;spoke in supped of the proposed lease and Kidstage. Linda Johannes, Granite Falls, and Louise Stanton-Masten, President/CEO,Everett Chamber of Commerce,expressed concem regarding the timing of the proposed lease and encouraged the council to postpone their decision. Council Member Olson gave a brief history regarding the purchase and development of the Key Bank property and discussed the consequences of reneging on the memorandum of understanding.He urged the council to move forward and approve the lease as presented. Council Member Roberta stated that this action is about economic development and is censistent with a long history of plans that the council has adopted in the past. Council Member Nielsen remarked that the Everett Performing Ads Center was promised an entrance to their building which included a plaza. 156