CALL THE ROLL?
>> COUNCILMEMBER KETTLE?
>> HERE.
>> COUNCIL PRESIDENT
HOLLINGSWORTH? COUNCILMEMBER
SAKA?
>> HERE.
>> CHAIR STRAUSS?
>> HERE.
>> THAT IS THREE PRESENT. ONE --
TWO EXCUSED CURRENTLY.
>> THANK YOU. AND COUNCIL
PRESIDENT IS EXCUSED UNTIL SHE
ARRIVES. WE HAVE ONE ITEM ON THE
AGENDA TODAY. IT IS AN ORDINANCE
RELATED TO THE SEATTLE SOCIAL
HOUSING TAX. WHICH WAS APPROVED
BY VOTERS LAST FEBRUARY IS THE
INTERLOCAL AGREEMENT TO BE ABLE
TO PASS THE FUNDING FROM THE TAX
COLLECTOR WHICH IS THE CITY OF
SEATTLE TO THE ENTITY WHICH IS
THE SEATTLE HOUSING DEVELOPMENT
-- SORRY, I DIDN'T HAVE HAVE
THESE NOTES WITH ME. THE SEATTLE
SOCIAL HOUSING DEVELOPER SSHD. I
CAN SEE THE ACRONYM AND
SOMETIMES YOU HAVE TO SPELL IT
OUT. SO IF THERE ARE NO
OBJECTIONS, THE AGENDA WILL BE
ADOPTED AND I ALSO WANT KNOW
IT'S COUNCILMEMBER ROB SAKA'S
BIRTHDAY. HAPPY BIRTHDAY
COUNCILMEMBER SAKA. WE ALSO HAVE
HERE WITH US TODAY JAMIE CARNELL
WHO IS OUR FINANCE DIRECTOR THAT
SHE IS -- THIS WILL PROBABLY BE
YOUR LAST MEETING WITH US HERE.
DIRECTOR CARNELL IS THE FIRST
WOMAN TO HOLD THE POSITION OF
DIRECTOR OF FINANCE IN OUR CITY.
BEYOND THAT, DIRECTOR CARNELL
HAS HAD 29 YEARS IS THE WAY I'LL
PUT IT. 29 YEARS OF HISTORY ARE
W OUR CITY WORKING IN ALMOST
EVERY DIFFERENT POSITION WITHIN
THE DEPARTMENT OF FAS --
SPECIFICALLY WITHIN THE FINANCE
DEPARTMENT OF FAS. DIRECTOR
CARNELL, THANK YOU FOR YOUR
SERVICE TO OUR CITY, YOU HAVE
MADE US A BETTER PLACE AND WE'LL
GET INTO THIS IN JUST A MOMENT.
IF NOT FOR THE URGENCY OF THE
LEGISLATION BEFORE US, WE WOULD
HAVE CANCELED COMMITTEE BECAUSE
AS PART OF MY ASSOCIATION IN
WASHINGTON CITY'S BOARD MEMBER
POSITION, I HAVE TO BE AT A
BOARD MEETING IN 117 MINUTES
FROM NOW IN OLYMPIA. SO WE WILL
-- MOVE THROUGH THIS, THIS IS
NOT THE LAST TIME THIS WILL BE
IN COMMITTEE. WE WILL HAVE THIS
IN COMMITTEE AGAIN AND I WANT TO
THANK COUNCILMEMBER FOSTER. NOT
A MEMBER OF THE COMMITTEE
JOINING TODAY. SHE AND I HAVE
PARTNERED IN GETTING THIS WORK
ACROSS THE FINISH LINE AND
DIRECTOR CARNELL HAS BEEN
WORKING ON THIS AT LEAST WITH ME
SINCE OCTOBER -- NOVEMBER. WE
JUST WANTED TO MAKE SURE THAT
THERE WERE NO BEATS MISSED IN
ALL OF THE TRANSITIONS IN OUR
CITY. THE INTERLOCAL AGREEMENT
CANNOT BE CHANGED. THE ORDINANCE
CAN BE CHANGED. EITHER WAY ABOUT
IT, THERE ARE NOT MANY OPTIONS
ON HOW TO PRODUCE THIS
INTERLOCAL AGREEMENT BECAUSE
IT'S VERY STRAIGHTFORWARD.
WE'LL GET INTO THAT IN JUST A
MOMENT. WANT TO SEE IF THERE'S
ANYONE SIGNED UP IN-PERSON. NO
ONE SIGNED UP IN-PERSON FOR
PUBLIC COMMENT. DO WE HAVE ANY
REMOTE PARTICIPANTS TODAY?
>> THERE ARE ALSO NO REMOTE
PARTICIPANTS.
>> WONDERFUL. WE WILL NOT OPEN
PUBLIC COMMENT TODAY UNLESS
EITHER OF YOU WOULD LIKE TO
SPEAK TODAY? SEEING NONE, THANK
YOU, SO WE HAVE TIFFANY AND
JAMES FROM THE SEATTLE SOCIAL
HOUSING DEVELOPER AND SPELL IT
OUT WITH YOU NOW. THANK YOU FOR
BEING HERE TODAY. I KNOW WE
CAUGHT UP BRIEFLY BEFORE
COMMITTEE AND I'M LOOKING
FORWARD TO CONNECTING WITH YOU
AGAIN SOON. WITH THAT WE WILL
MOVE RIGHT INTO THE FIRST ITEM
OF BUSINESS. CLERK, WILL YOU
PLEASE READ THE FIRST ITEM INTO
THE RECORD?
>> ITEM ONE, COUNCIL BILL 121153
AN ORDINANCE RELATING TO THE
SOCIAL HOUSING TAX. THIS ITEM IS
FOR BRIEFING AND DISCUSSION.
PRESENTERS INCLUDE DIRECTOR
CARNELL AND ANDREW ROBERTSON OF
THE OFFICE OF CITY FINANCE ALONG
WITH JENNIFER LABRECQUE OF
COUNCIL CENTRAL STAFF.
>> THANK YOU, YOU CAN INTRODUCE
YOURSELVES AND RUN RIGHT INTO
THE PRESENTATION. AT THE END OF
THE PRESENTATION, COUNCILMEMBER
FOSTER I'LL PASS IT OVER TO YOU
AS COSPONSOR OF THIS LEGISLATION
AS I HAVE ALREADY MADE MY
OPENING REMARKS. PLEASE. OVER TO
YOU.
>> ANDREW ROBINSON. OFFICE OF
CITY FINANCE. IN THE PARTNERSHIP
AND POLICY GROUP.
>> JAMIE CARNELL, OFFICE OF CITY
FINANCE, 31 YEARS HERE AT THE
CITY OF SEATTLE.
>> GOOD MORNING, JENNIFER
LABRECQUE, CITY COUNCILLAL
STAFF.
>> ALL RIGHT, MEGAN, WE MIGHT
NEED A LITTLE BIT OF HELP.
>> TAKE A LITTLE BIT OF
TECHNICAL HELP. COUNCILMEMBER
FOSTER, ANYTHING YOU'D LIKE TO
SHARE OFF THE BAT? OTHERWISE --
>> SURE, I'M HAPPY TO. THANK
YOU COUNCILMEMBER STRAUSS. TO
MAKE SURE THAT WE ARE CONTINUING
TO MOVE THE BALL FORWARD ON WHAT
WE NEED TO DO TO GET SOCIAL
HOUSING ONLINE. NAMELY MAKING
SURE THAT WE HAVE THIS
INTERLOCAL AGREEMENT THAT ALLOWS
THE CITY TO BEGIN TRANSFERRING
FUNDS TO THE DEVELOPER SO THAT
THE DEVELOPER CAN CONTINUE AND
BE SUCCESSFUL IMPLEMENTING THE
WILL OF THE VOTERS. SO REALLY
EXCITED DIRECTOR CARNELL, TO
HEAR FROM YOU AND YOUR TEAM.
>> VERY WELL SAID. OVER TO YOU.
>> GREAT. THANK YOU. SO ONE
POINT OF CLARIFICATION, THE
INITIATIVE -- 173 CANNOT CHANGE
BUT THE AMENDMENT AND WE'LL
TALK ABOUT THIS DURING THIS, CAN
BE AMENDED AS NECESSARY. SO JUST
WANTED TO GET THAT CLARIFICATION
THERE. SO FIRST SLIDE. SOCIAL
HOUSING TAX. SOCIAL HOUSING TAX
PASSED THROUGH INITIATIVE -- 137
AND WAS PASSED FEBRUARY OF '25.
IT'S RETROACTIVE TO JANUARY 1
OF '25. AND THE CITY IS BOUND
BY I-137 TO TRANSFER THE
PROCEEDS TO THE DEVELOPER. THIS
INITIATIVE IS ABOUT A 5% TAX
WHICH IS IMPOSED ON EMPLOYEES
DOING BUSINESS IN SEATTLE FOR
ANY ANNUAL EMPLOYEE COMPENSATION
ABOVE A MILLION. THE '25 TAX
FILING IS DUE JANUARY 31st OF
THIS YEAR. AND FUTURE FILINGS
WILL BE MADE QUARTERLY. WE ARE
RESPONSIBLE -- THE CITY OF
SEATTLE IS RESPONSIBLE FOR
IMPLEMENTING AND ADMINISTERING
THE TAX INCLUDING THE
COLLECTIONS AND TRANSFERS TO THE
DEVELOPER. THE ILA THAT WE ARE
DISCUSSING HERE IS THE MECHANISM
FOR THE CITY TO COMPLETE THE
COLLECTION AND THE TRANSFER OF
THE FUNDS TO THE DEVELOPER. AND
UP TO 5% BUT NO MORE THAN $2
MILLION OF THE ANNUAL TAX
REVENUE MAY BE ALLOCATED TO THE
CITY FOR ADMINISTRATIVE
PURPOSES. BECAUSE THE '25 TAX
PROCEEDS WILL NOT BE COLLECTED
UNTIL JANUARY 31st OF THIS
YEAR, THE CITY AND THE DEVELOPER
ENTERED INTO AN AGREEMENT FOR A
LOAN OF UP TO $2 MILLION FOR THE
DEVELOPER TO ALLOW TO CONTINUE
ITS OPERATIONS IN '25. THE LOAN
PRINCIPAL ON THAT IS NOT TO
EXCEED $2 MILLION, THE INTEREST
ACCRUES AT THE CITY'S CASH POOL
RATE AND BOTH THE PRINCIPAL AND
INTEREST OF THE LOAN WILL BE
REIMBURSED THROUGH THE FIRST TAX
COLLECTION. IN THIS YEAR. SO
JUST WANT TO GO THROUGH THE
TIMELINE QUICKLY ON THE ILA. WE
SENT THE INITIAL DRAFT TERM
SHEET TO THE DEVELOPER IN JULY
OF LAST YEAR. AND IN AUGUST, THE
DEVELOPER PROPOSED CHANGES TO
THE TERMS. THE FIRST DRAFT WAS
SENT BACK TO ALL INVOLVED
PARTIES IN OCTOBER OF '25. AND
THE CITY AND THE SOCIAL HOUSING
REPRESENTATIVES MET SEVERAL
TIMES FROM OCTOBER TO EARLY
DECEMBER TO DISCUSS AND UPDATE
THE ILA. ON DECEMBER 3rd, THE --
HOUSING DEVELOPER CEO OF THAT
TIME APPROVED THE DRAFT AND THEN
THE HOUSING DEVELOPER BOARD OF
DIRECTORS APPROVED THE DRAFT ILA
ON DECEMBER 18th. THE ILA DOES
STATE THAT THE FIRST TRANSFER OF
THE TAX PROCEEDS WILL BE
INITIATED BY MARCH 2nd AND THIS
ILA MUST BE APPROVED AND IN
PLACE BY THE DATE OF THAT
TRANSFER. SO THE PURPOSE OF THIS
INTERLOCAL AGREEMENT. IT'S
REALLY -- THE MAIN PURPOSE IS TO
ESTABLISH THE TERMS AND
CONDITIONS UNDER WHICH THE TAX
WILL BE COLLECTED AND
TRANSFERRED OUTSIDE OF WHAT'S
ALREADY MANDATED BY I-137. THE
ILA DEFINES A CITY'S
ADMINISTRATIVE SUPPORT INCLUDING
HOW THE CITY IS REIMBURSED, THE
ELIGIBLE REIMBURSEMENT COSTS,
AND HOW THE CITY TRACKS THE
ADMINISTRATIVE SUPPORT COSTS AND
REPORTS THOSE TO THE DEVELOPER.
THIS AGREEMENT MORE CLEARLY
DEFINES THE ROLES AND
RESPONSIBILITIES OF BOTH THE
CITY AND THE DEVELOPER INCLUDING
HOW THE DEVELOPERS USE THE FUNDS
TO ACCOMPLISH THE GOALS OF
INITIATIVE 135 AND 137 AND HOW
THE CITY IS ACTING AS THE
APPLICABLE TAX AUTHORITY IN
RESPONSIBLE ONLY FOR THE
ADMINISTRATION COLLECTION AND
DISTRIBUTION OF THE TAX
PROCEEDS. WITH THE AGREEMENT,
FINALLY, WE WILL SET THE
SCHEDULE AND THE REPORTING
DEADLINES FOR THE CITY AND THE
DEVELOPER. SO JUST A LITTLE BIT
ABOUT THE TERMS INCLUDED WITHIN
THE ILA. IT'S A FIVE YEAR TERM
WITH AN AUTOMATIC RENEW AND
THERE ARE PROCEDURES AND
TIMELINES FOR EITHER AMENDING OR
TERMINATING THE AGREEMENT. THE
TAX FILINGS FOR ALL OF '25 ARE
DUE JANUARY 31st OF THIS MONTH.
THE CITY ANTICIPATES RECEIVING
THOSE TAXES AROUND FEBRUARY 20th
AND THEN THE NEXT STEP IS THAT
THE CITY WILL TRANSFER FUNDS
FROM THE FOLLOWING ORDER. THE
LOAN, INTEREST REIMBURSEMENT,
THE LOAN PRINCIPAL REIMBURSEMENT
AND THEN THE ADMINISTRATIVE AND
IMPLEMENTATION COSTS
REIMBURSEMENT. FINALLY, WE WILL
NICHE -- THE CITY WILL INITIATE
THE TRANSFER OF THE NET NEEDS TO
THE DEVELOPER ON THE 22nd. THE
PROCESS FOR '26 WILL BE LIKELY
-- IT'S GOING TO BE MOSTLY THE
SAME EXEMPT FOR A -- EXCEPT FOR
A COUPLE OF DIFFERENT CHANGES.
THESE IN '26 THESE FILINGS ARE
DUE QUARTERLY AND THEN ONE
METEOROLOGIST FOLLOWING THE END
OF EACH QUARTER WE WILL HAVE THE
TAX PROCEEDS IN A SIMILAR
FASHION AND THEN BE MADE WITH
THE NET QUARTERLY TAX PROCEEDS
BEING TRANSFERRED ONE MONTH
AFTER EACH FILING DEADLINE.
THAT'S THE -- BASIS OF THE
AGREEMENT. AND HAPPY TO TAKE ANY
QUESTIONS.
>> WONDERFUL. THANK YOU. I'M
GOING TO START WITH JUST A FEW
QUESTIONS TO ORIENT ALL OF US.
COLLEAGUES, COUNCIL PRESIDENT
HOLLINGSWORTH WAS WITH US AS
THIS PRESENTATION STARTED AND SO
I JUST WANTED TO NOTE THAT FOR
THE RECORD. UNDERSTANDING THAT
I-137A PASSED BY THE WILL OF THE
VOTERS WITHIN THE LAST TWO
YEARS, THAT BILL -- THAT CANNOT
BE CHANGED FOR TWO YEARS FROM
THE CERTIFICATION OF THAT
ELECTION. IS THAT --
>> CORRECT.
>> CORRECT? AND THE INTERLOCAL
AGREEMENT THAT WE HAVE BEFORE US
TODAY CAN BE CHANGED BUT IT
WOULD RESTART THE ENTIRE
TIMELINE AND MAYBE IF YOU CAN
PULL UP THAT TIMELINE AGAIN. IS
THAT A CORRECT UNDERSTANDING?
>> I THINK IT DOESN'T -- IT
DOESN'T -- I WOULD SAY THAT IT
WOULDN'T CHANGE THE DISBURSEMENT
TIMELINE. I THINK -- WHAT YOU
WOULD BE CHANGING IS PROBABLY
SOME OF THE ADMINISTRATIVE SIDES
AROUND THAT. ANDREW, DO YOU HAVE
ANYTHING -- YOU ARE A LITTLE BIT
MORE IN THE WEEDS THAN I AM ON
THIS ONE.
>> REFOCUS MY QUESTION. ON THIS
TIMELINE HERE, IF WE WERE TO
CHANGE THE INTERLOCAL AGREEMENT
AT THIS COMMITTEE HERE, THAT
WOULD RESTART THE PROCESS THAT
YOU HAVE ON THE SCREEN RIGHT
NOW. IS THAT CORRECT?
>> YES, I'M SORRY, YEAH.
>> GREAT. AND BUT THEN THE
ORDINANCE THAT IS BEFORE US THAT
WE ARE PASSING THAT HAS THIS
INTERLOCAL AGREEMENT, THAT --
THE ORDINANCE CAN BE CHANGED
EVEN IF THE ILA -- AND THIS IS A
GREAT TIME, JENNIFER LABRECQUE,
I FORGOT TO CALL ON YOU TO GIVE
US A ROUNDED PRESENTATION. HERE
YOU ARE.
>> I THINK I HAVE WILL JUST
ADDRESS YOUR QUESTION. SO YOU
ARE CORRECT, SO I-137 WAS PASSED
BY VOTERS IN FEBRUARY OF 2025.
AND SO IT CANNOT -- JUST AS YOU
SAY IT CAN'T BE CHANGED FOR TWO
YEARS WHICH MEANS THE CITY AND
THE COUNCIL AND EXECUTIVES
CAN'T IMPOSE ADDITIONAL
CONDITIONS ON THE TRANSFER OF
I-137 PROCEEDS FROM THE CITY TO
THE SEATTLE SOCIAL HOUSING
DEVELOPER WE ARE ESSENTIALLY
COLLECTING THE FUNDING. THE
TAXES ON THEIR BEHALF AND THEN
PASSING THEM OVER. IN TERMS OF
THE ILA I THINK MAYBE THE WAY
THAT I WOULD PUT THIS IS THAT
THE ILA IS A NEGOTIATED DOCUMENT
BETWEEN THE EXECUTIVE AND THE
SEATTLE SOCIAL HOUSING DEVELOPER
THAT WAS APPROVED BY THEIR
EXECUTIVE BOARD. AND SO THE ILA
CAN -- YOU KNOW, COUNCIL CAN
HAVE AN AMENDMENT THAT CHANGES
THE ILA BUT WHAT IT'S GOOD TO
KNOW IS THAT THAT WOULD INVOLVE
GOING BACK TO THE SOCIAL HOUSING
DEVELOPER AND GETTING APPROVAL
OR NEGOTIATING WITH BOTH THE
DIRECTOR OF THE CEO AND THE
BOARD ABOUT THOSE NEW TERMS SO
IT'S POSSIBLE. BUT IT DOES ADD
TIME TO THE PROCESS AS YOU STATE
HERE. THERE'S ESSENTIALLY AN
ORDINANCE THAT AUTHORIZES THE
EXECUTIVE TO ENTER INTO THIS ILA
AND THEN AN ATTACHMENT WHICH IS
THE ILA ITSELF. THE ORDINANCE
ITSELF CAN BE AMENDED WITHOUT
HAVING TO GO BACK TO THE SOCIAL
HOUSING DEVELOPER AND
NEGOTIATING THAT. SO I THINK
THAT'S THE DISTINCTION YOU WERE
TRYING TO MAKE.
>> THANK YOU JENNIFER. ANYTHING
ELSE THAT WE SHOULD CONSIDER
FROM YOUR CENTRAL STAFF ANALYSIS
ON THIS BILL AND INTERLOCAL
AGREEMENT?
>> NO. JUST AS WE COVERED HERE
IN TERMS OF UNDERSTANDING SORT
OF WHERE THE OPTIONS ARE TO MAKE
CHANGES AND WHERE THEY ARE NOT
AND WHERE THE IMPLICATION IS ON
THE TIMELINE.
>> WONDERFUL. ONE MORE QUESTION
THEN I'M GOING FOODS IT OVER TO
COUNCILMEMBER FOSTER. AS
COSPONSOR-THIS BILL YOU WILL
HAVE THE NEXT ROUND OF QUESTIONS
AND WE'LL OPEN IT UP TO THE
FLOOR. COLLEAGUES, I WOULD LOVE
TO END THIS COMMITTEE BY 10:30
AT THE LATEST. LAST QUESTION
HERE RIGHT NOW IS DIRECTOR
CARNELL. CAN YOU HELP ME
UNDERSTAND WHAT DIFFERENT I
GUESS FLAVORS OF THE DIFFERENT
LOCAL AGREEMENT LIKE THIS ARE
THERE? HOW MANY DIFFERENT
OPTIONS REALLY ARE THERE BECAUSE
IT'S MY UNDERSTANDING THIS IS A
VERY STRAIGHTFORWARD DOCUMENT
THAT IS ESSENTIALLY OUTLINING
OUR ROLES AND RESPONSIBILITIES
AS THE TAX COLLECTOR THAT PASSES
THE PROCEEDS ON TO THE DEVELOPER
AS OUTLINED BY VOTERS.
>> YEAH. I WOULD SAY THERE'S
REALLY -- NO DIFFERENT FLAVORS
IN THIS. THIS IS VERY
STRAIGHTFORWARD. IT'S ABOUT HOW
WE COLLECT THE TAX. HOW THE LOAN
PROCEEDS ARE REIMBURSED BACK TO
THE CITY. AND THEN THE SCHEDULE
OF COLLECTING THAT. AND
DISBURSING THOSE FUNDS. THAT
TRULY DO BELONG TO THE SOCIAL
HOUSING DEVELOPMENT. WE'VE WE
ARE JUST THE VESSEL BY WHICH THE
TAXES ARE GIVEN TO THE SOCIAL
HOUSING DEVELOPER.
>> WONDERFUL. ANYTHING TO ADD,
ANDREW? WONDERFUL. JENNIFER?
>> I WILL JUST ADD EXACTLY TO
WHAT DIRECTOR CARNELL SAID WHICH
IS THERE ARE MANY DIFFERENT
FLAVORS OF ILAs RIGHT? WE HAVE
SOME VERY COMPLICATED ONES. I
WORKED ON ONE LAST YEAR. BUT IN
THIS PARTICULAR CASE, YOU KNOW,
I-137 SETS THE CONDITIONS FOR
HOW WE TRANSFER THE FUNDING AND
COUNCIL CANNOT AT THIS POINT IN
TIME IMPOSE ANY ADDITIONAL
CONDITIONS UPON THE TRANSFER OF
THAT MONEY. SO REALLY AS JUST
DIRECTOR CARNELL SAID, THE ILA
COVERS KIND OF THE NUTS AND
BOLTS. LIKE -- HOW DO WE COLLECT
THE MONEY? WREN DO WE TRANSFER
IT? HOW DO WE PROCESS, YOU KNOW,
HOW DO WE DEAL WITH APPEALS IF A
FILER HAS AN APPEAL ON A
DECISION? HOW DO WE DO REFUNDS
AND CREDITS RIGHT? IT IS TRULY
THE NUTS AND BOLTS OF HOW YOU
TRANSFER MONEY FROM ONE SORT OF
FROM THE TAXING ENTITY TO THE
SOCIAL HOUSING DEVELOPER. AND
WHILE WE'RE IN THE TWO YEAR
PERIOD, WHERE INITIATIVES CAN'T
BE CHANGED. THERE'S REALLY NOT
A LOT OF OTHER OPTIONS THERE.
MIGHT BE FEW BUT TO BE CLEAR, A
LOT OF THE CONDITIONS ARE JUST
-- ESTABLISHED UNDER I-137.
>> THANK YOU. COUNCILMEMBER
FOSTER, COSPONSOR OF THIS
LEGISLATION, YOU ARE RECOGNIZED
TO ASK QUESTIONS.
>> THANK YOU SO MUCH, CHAIR, AND
I APPRECIATE YOU HAVING ME IN
YOUR COMMITTEE TODAY. A PLEASURE
TO WORK WITH YOU ON THIS. AND
APPRECIATE YOUR LEADERSHIP WITH
FAS AND ALL THE COLLABORATION
THAT WAS TAKING PLACE OVER THE
LAST FEW MONTHS BEFORE I GOT TO
COUNCIL. AND I WILL SAY AGAIN,
THANK YOU DIRECTOR FOR YOUR
PRESENTATION TODAY. NO FURTHER
QUESTIONS. JUST A BRIEF
STATEMENT. YOU KNOW, COMING IN
AS CHAIR OF THE HOUSING
COMMITTEE, TO SAY I THINK THIS
IS A REALLY IMPORTANT MOMENT FOR
OUR CITY AND A REALLY IMPORTANT
MOMENT FOR THE WORK THAT'S BEEN
DONE TO ADVANCE SOCIAL HOUSING
IN SEATTLE. AND I LOOK FORWARD
TO BEING ABLE TO COLLABORATE
WITH THE DEVELOPER AND
APPRECIATE THE INTERIM
DIRECTOR'S PRESENCE HERE TODAY
FROM THE SEATTLE SOCIAL HOUSING
DEVELOPER AND I BELIEVE ALSO THE
PRESENCE OF THE DIRECTOR OF
ACQUISITIONS HERE AS WE GO INTO
THIS NEXT PHASE BETWEEN THE CITY
AND THE SEATTLE SOCIAL HOUSING
DEVELOP TORE MAKE SURE THAT THIS
PROJECT IS SUCCESSFUL AND DOES
DELIVER ON WHAT WE ALL WANT TO
HEAR ON COUNCIL AND WHAT ALL OF
OUR RESIDENTS WANT. WHICH IS AN
EXPANSION IN THE AVAILABILITY OF
AFFORDABLE HOUSING FOR OUR
RESIDENTS ALL ACROSS SEATTLE. SO
WE ARE LOOKING FORWARD TO MAKING
THIS A SUCCESS AND WORKING
COLLABORATIVELY AND I THINK
COLLEAGUES YOU CAN EXPECT TO SEE
THE DEVELOPER IN MY COMMITTEE IN
VERY SHORT ORDER. SO THANK YOU
SO MUCH.
>> THANK YOU, COLLEAGUES, ANY
QUESTIONS? I SEE COUNCILMEMBER
KETTLE.
>> THANK YOU, CHAIR STRAUSS.
MISS CARNELL. THANK YOU,
DIRECTOR CARNELL. THANK YOU FOR
BEING HERE AND THANK YOU FOR
YOUR SERVICE TO OUR CITY. IT'S
BEEN FANTASTIC. JUST TO BE
BLUNT. MISS LABRECQUE, THANK YOU
FOR YOUR BASIC POINT OF NUTS AND
BOLTS. THAT'S WHAT WE NEED WITH
THE SOCIAL HOUSING DEVELOPER
PROGRAM. WE NEED TO LEARN FROM
THE, YOU KNOW, THE KRHRA
EXPERIENCE AND WE NEED TO KEEP
THE FOCUS ON JUST GETTING THE
NUTS AND BOLTS DONE. SO I'M
GLAD THAT THIS IS
STRAIGHTFORWARD THAT WE ARE NOT
GIVING LOAN WHERE THE DEVELOPER
NEEDS TO GIVE US A MILLION
DOLLARS BACK IN INTEREST YOU
KNOW. ALL THESE LITTLE PIECES.
WE HAVE TO LEARN FROM THE -- THE
EXPERIENCE OF KCHRA AND I'M JUST
GLAD MISS LABRECQUE, YOU
MENTIONED THE OTHER AGREEMENT
WITH THEM. I'M GLAD WE'RE IN A
BETTER PLACE NOW WITH THEM AND
WE'RE MOVING FORWARD. AND BUT
-- I HOPE AND I BELIEVE, YOU
KNOW, THAT THE DEVELOPER
REPRESENTED TODAY BY OUR INTERIM
DIRECTOR, THAT THEY WILL STEP
FORWARD AND TAKE THOSE LESSONS
LEARNED AND MAKE SURE THAT WE'RE
DOING IT RIGHT. AND MY HOPE TOO
FOR THEM TO, YOU KNOW, TO ENGAGE
WITH US. WE HAD A -- STATEMENT
OF LEGISLATIVE INTENT IN THE
FALL DURING THE BUDGET PROCESS
WHERE WE'RE UPDATING OUR
SEATTLE HOUSING INVESTMENT PLAN
YOU KNOW. WE HAD ONE THAT
FOCUSED ON US AND IN TERMS OF
THE CITY AND IN TERMS OF
AFFORDABLE HOUSING. BUT NOW
WE'RE LOOKING A LITTLE BIT
BROADER IN TERMS OF WHAT IS
HAPPENING WITH PERMANENT
SUPPORTIVE HOUSING ON ONE SIDE
AND NOW WE HAVE SOCIAL HOUSING.
AND SO MY ASK FOR KCHRA AS WELL
BUT FOR THE SSHD IF I SAID THAT
RIGHT, IS FOR THEM TO ENGAGE
AND, YOU KNOW, ENGAGE WITH O. H.
HOUSING OFFICE TO ENSURE THAT,
YOU KNOW, THAT WE'RE NOT BEING
DUPLICATIVE AND THAT WE'RE WORK
WELL TOGETHER AND THERE'S A
STRATEGY THAT SHOWS SOCIAL
HOUSING BLENDS IN WITH
AFFORDABLE HOUSING IN ADDITION
TO THE PERMANENT SUPPORTIVE.
THAT'S MY ASK AND I GUESS IT
COMES DOWN TO THE -- LET'S KEEP
THIS TO NUTS AND BOLTS. BASIC
GOOD GOVERNANCE AND GETTING THE
JOB DONE. SO THANK YOU.
>> THANK YOU. COLLEAGUES, ANY
FURTHER QUESTIONS? COMMENTS?
NOTHING FURTHER. WITH THAT, THIS
IS THE SECOND PIECE OF SEATTLE
SOCIAL HOUSING DEVELOPER
LEGISLATION THAT HAS COME TO
THIS COMMITTEE. THIS WILL BE THE
LAST PIECE OF SEATTLE SOCIAL
HOUSING DEVELOPER LEGISLATION
THAT WILL COME TO THIS
COMMITTEE. THE FIRST WAS OUR
LOAN THAT WE PASSED LAST YEAR
AND THE SECOND IS THIS FINANCING
INTERLOCAL AGREEMENT. AND THEN
COUNCILMEMBER FOSTER IS CHAIR OF
THE HOUSING COMMITTEE, YOU WILL
BE TAKING OUR -- THE LEAD AND I
LOOK FORWARD TO FOLLOWING YOUR
FOOTSTEPS THERE. SO WITH THAT,
COLLEAGUES, ANY FINAL QUESTIONS,
COMMENTS? SEEING NONE TO THE
COMMITTEE TABLE, ANYTHING ELSE
TO SHARE TODAY? WITH THAT, THIS
BILL WILL BE BACK BEFORE
COMMITTEE ON FEBRUARY --
TUESDAY, FEBRUARY 3rd WHERE WE
EXPECT A VOTE. GREAT. WELL WITH
THAT, THERE'S NO FURTHER
BUSINESS AND THIS DOES CONCLUDE
THE GOVERNMENTS COMMITTEE
MEETING AND OUR NEXT COMMITTEE
MEETING WILL BE ON TUESDAY,
FEBRUARY 3rd. THANK YOU DIRECTOR
CARNELL FOR YOUR -- FEW DECADES
OF SERVICE TO OUR CITY. THANK
YOU SO MUCH. SEEING NO FURTHER
BUSINESS TO COME BEFORE THE