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Ferguson and O’Brien to hold joint town hall meeting on arena proposal
Summary
Opportunity for public to meet with County and City representatives and ask questions about proposed arena
Story
King County Councilmember Bob Ferguson and Seattle City Councilmember Mike O’Brien will hold a joint town hall meeting on the arena proposal:
“The proposed arena is an important issue currently before the county and city councils. This meeting will give community members the opportunity to ask questions, express their thoughts, and know their voices are being heard,” said Ferguson. “As an elected official, I believe it is important to meet with and hear directly from the public and the people I represent.”
“As both City and County Councils are digging into the details of the arena proposal and beginning to understand the potential benefits and risks to the region, it is critical we are also hearing from the public,” said O’Brien. “We are receiving thousands of emails on the topic, but there is nothing like getting out in the neighborhood and engaging directly with the people we represent.”
The King County Council and Seattle City Council are currently reviewing a proposal for development of an approximately $500 million multi-purpose arena. Under the proposed memorandum of understanding negotiated between County Executive Dow Constantine, Seattle Mayor McGinn, and private investor Christopher Hansen, up to $200 million for the arena would be financed through public bonds that would be paid back from rents and tax revenues generated by the facility.
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