Memorial Stadium Meeting, Feb. 2

Seattle Center and Seattle Public Schools have come up with an innovative, forward-looking plan for future shared uses of the Memorial Stadium and Seattle Schools parking lot. Come learn about the project and share your thoughts at a joint pubilc meeting at Seattle Center on Feb. 2.

Seattle Center and Seattle Public Schools will host a joint public meeting on the proposed Memorandum of Agreement (MOA) on future shared use of the Memorial Stadium site and Seattle Public Schools surface parking lot at 5th Avenue and Harrison Street.

The meeting will be held in the Fidalgo Room, Northwest Rooms, located at the northwest corner of Seattle Center campus (south of Republican St), Tuesday, February 2, at 6:30 p.m.

Under the MOA, the Memorial Stadium site will become public space, housing an athletic facility and multipurpose event venue, with an underground transportation hub below. The Memorial Wall will be restored and moved to a more prominent place on the site.

The City will have until the end of 2015 to exercise its option to proceed with the purchase and lease of the site. At closing the City will transfer one-half of the Mercer Garage to Seattle Public Schools as a partial payment of the purchase price. The City will then lease the new stadium property for 60 years, with an additional 39-year option. Seattle Public Schools will continue to hold athletic events and graduation ceremonies in the new stadium, and will receive substantial annual rental payments. The Agreement also allows Seattle Center to demolish the upper part of the south stadium stands at City’s cost for 50th Anniversary of Seattle World’s Fair.

The Agreement requires City Council and School Board approval, and will be considered by the two bodies most likely in the first quarter of 2010.

Please join Seattle Center and Seattle Public Schools to learn more about the project and share your thoughts on the proposed redevelopment. For more information, visit www.seattleschools.org/area/m_news/index.dxml or contact Deborah Daoust, Seattle Center, 206 386-1974 or Patti Spencer, Seattle Public Schools, 206 252-0204.