Ferguson to hold joint town hall meeting on arena proposal

Dr. James Nasmith
Creator of the game of basketball
Wikimedia commons

King County Councilmember Bob Ferguson and Seattle City Councilmember Mike O’Brien will hold a joint town hall meeting on the proposal for a new sports arena in the SODO area of Seattle: 

Tuesday, July 10

7:00 – 8:00 p.m.

North Seattle Community College

Cafeteria, College Center Building

9600 College Way North

Seattle, WA

“The proposed arena is an important issue currently before the county and Seattle 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.”

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.