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Council MIN 05-18-2010 SpecialCITY OF � Federal Way MINUTES FEDERAL WAY CITY COUNCIL SPECIAL MEETING CITY COUNCIL MAY18,2010-5:30PM www. cityoffederalway. com 1. CALL MEETING TO ORDER Mayor Kochmar called the special meeting to order at 5:35 p.m. Councilmembers present: Mayor Linda Kochmar, Deputy Mayor Dini Duclos, Councilmembers Mike Park and Roger Freeman. Mayor Kochmar excused Councilmembers Jack Dovey and Jeanne Burbidge. She also excused Councilmember Jim Ferrell who is expected to arrive later (Councilmember Ferrell arrived at 5:45 p.m.). Staff Present: Police Chief/City Manager Brian Wilson, CityAttorney Pat Richardson and Deputy City Clerk Krystal Roe. 2. INTRODUCTION BY UNITED PROPERTIES OF POTENTIAL ASSIGNMENT OF PURCHASE AND SALE AGREEMENT FOR FORMER AMC THEATER SITE Patrick Doherty introduced Victor Setton of United Development Properties. Mr. Setton announced Twin Development has agreed to develop and market this project in an exciting way. He has been very impressed with them and their approach and requests Council approval to transfer United Properties contract to Twin Development. He further stated a full presentation would be given during the regular Council Meeting. Mr. Setton introduced Mr. Smith and Mr. Kwon with Twin Development and clarified Lander Korus is in no way tied to the project. Mr. Doherty announced a formal presentation of the preliminary project concept would be provided during the Regular Council meeting later in the evening. 3. ADJOURNMENT Mayor Kochmar adjourned the meeting at 5:47 pm. Attest: �� Krystal o, Deputy City Clerk Approved by Council: June 1, 2010