Stadium Bill, HB 2252, Sponsored by State Representative Hunter

Washington State Representative Ross Hunter's has posted on his Bills Sponsored page House Bill 2252 that pays for, in part, Acquiring, constructing, maintaining, or operating public
12 sports stadium facilities.
This is the county-wide sales tax on hotels, restaurant, and car rentals that the University of Washington's Husky Stadium. This may also be the source of revenue to pay 1/4 the cost of remodeling KeyArena. It was my understanding from proposals made to the legislature last year that the City of Seattle was requesting 1% of the funds generated from a 7% hotel tax that is collected just in the city that is slated for the Washington State Convention & Trade Center's expansion. It may eventually become the source, but in its current form the bill that pays for the convention center, House Bill 2250, makes no mention of Seattle Center or KeyArena. For that matter, House Bill 2252 doesn't directly mention Seattle Center or KeyArena either.

I expect one of these bills to change in order to satisfy the settlement agreement between the City of Seattle and Clay Bennett. Bennett is on the hook for 30 million dollars if the state and city approve a revenue source for the arena remodel and a team can not be located by 8/17/2013 to play in it. Finding a team doesn't look like too much a problem in the current state of the economy, but there is not good reason to overlook a 30 million dollar technicality.

Stay tuned.

KING COUNTY PROJECTS FINANCING TASK FORCE

Here is the link to the Joint Task Force on Local Financing Options for King County

And the October 1st meeting where they collected presentations. Including information on the current arenas in the NBA, directly linked here.

The July 10th letter from the Mayor of Seattle describes the request that is consistent with all media reports over the past three months, including yesterday.
Letter from Mayor Nichols, Gregory J Nichols, Mayor of Seattle


Here is the direct link to the Qwest Field presentation, QWEST FIELD AND EVENT CENTER
Presentation to Joint Task Force,
King County Local Financing
Options
October 1, 2008

Here is the University of Washington's blog post from July, their presentation is here!

Here is an unofficial and independent source of input and information, and is not affiliated with any school, team or league. called Tell a Husky! supporting the University of Washington's effort.

Some day there will be a Seattle Center presentation, right?

Husky Stadium Proposal

Linked below is the 16 page proposal the University of Washington has published in support of their request for support from the state Task Force.
The question is: where is the City of Seattle's version of this?
Where is their publication that describes their plan?

community resource and public asset for everyone Husky Stadium

Have a great day,
Mr Baker
Sent from my iPhone

"UW regents approve cash for stadium renovation" KING5.com, News for Seattle, Washington

Today on KING tv's 5pm news broadcast reporter Chris Daniels said that the University of Washington has authorized spending $3,000,000.00 on preplanning for Husky Stadium's $300,000,000.00 rebuild.

Mr. Daniels did report, as I have made clear, that the university is looking to tap the existing hotel/motel car rental taxes that are currently paying off Safeco and Qwest construction costs, to cover half of the cost. This is not the same tax the City of Seattle is interested in, that being a hotel tax being used by the Washington State Trade and Convention Center.

Comparitively, Key Arena looks smaller, since the city is paying 1/4 of the cost, with the city and state getting their return on investment on user taxes collected at and around Sonics games. It isn't clear yet what the return on investment is back to the state is on Husky Stadium rebuild. UW Athletic Director, Mr. Woodward, went ahead and said the economy could use the jobs.
Hey, that's my line!
http://www.king5.com husky stadium
Have a great day,
Mr Baker
Sent from my iPhone