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01-21-2023 Council Agenda - RetreatCITY OF �. Federal Way Centered on Opportunity CITY COUNCIL 2023 Annual Council Retreat/Special Meeting Dumas Bay Centre* January 21, 2023 — 8:30 a.m. 1. Call to Order 2. Pledge of Allegiance 3. Welcome & Introductions Mayor Ferrell, Council President Kochmar, and Deputy Mayor Honda 4. Review of Council Rules of Procedure • City Attorney Ryan Call 5. Morning Break 6. Downtown Federal Way a. Envisioning Downtown • Mayor Ferrell & Senior Planner Chaney Skadsen b. Catalyzing Investment • Economic Development Director Tanja Carter 7. Lunch Break 8. Downtown Federal Way - Tax Increment District a. TIF 101 (Tiberius Solutions) b. Discussion of RCW & WA Examples (Tiberius Solutions) c. Proposed Tax Increment Area (Senior Planner Chaney Skadsen) d. Increment Forecast (Tiberius Solutions) e. Proposed Project List (Community Development Director Keith Niven) Special Meetings may be recorded and televised live on Government Access Channel 21 or FW YouTube. To view agenda materials, public comment options and to watch meetings online please visit www.citVoffederalwaV.com. *Remote attendance available via Zoom meeting code: 938 0263 0822 and passcode: 370773 Downtown Federal Way continued... f. Funding Mechanics (Finance Director Steve Groom) g. Adoption Process (Tiberius Solutions) h. Questions & Answers 9. Afternoon Break 10. 320th Dip Update • Public Works Director EJ Walsh 11. Code Amendments • Community Development Director Keith Niven 12. Closing remarks Mayor Ferrell, Council President Kochmar, Deputy Mayor Honda 13. Adjournment Special Meetings may be recorded and televised live on Government Access Channel 21 or FW YouTube. To view agenda materials, public comment options and to watch meetings online please visit www.citVoffederalwaV.com. *Remote attendance available via Zoom meeting code: 938 0263 0822 and passcode: 370773