Thank you for your message about the proposed lease between the Seattle Storm and the City of Seattle for the use of Key Arena by the Storm. The proposed lease would guarantee the Storm a home for ten years, and appears to be workable from their standpoint.
While The City Council is enthusiastic about keeping the Storm, we are also responsible to the taxpayers to make sure that the lease is financially sound. The good news is that the Council Parks and Seattle Center reviewed the lease at our Tuesday meeting, and we agreed that it made financial and economic sense for the City.
The lease will come to the Full Council for a vote on Monday, February 2, and, given that assessment, I expect that the Council will unanimously approve it.
Council President Richard Conlin
Seattle City Hall
600 Fourth Avenue, Floor 2
PO Box 34025
Seattle, WA 98124-4025
Friday, January 16, 2009
The Council President's Reply
Here is the encouraging reply from Council President, Richard Conlin: