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Council MIN 01-06-2015 Special CITY OF Federal Way CITY COUNCIL SPECIAL MEETING MINUTES Council Chambers - City Hall January 6, 2015 — 5:30 p.m. www.cityoffederalwa y.corn 1. CALL MEETING TO ORDER Mayor Ferrell called the Special Meeting to order at the hour of 5:35 pm City officials in attendance: Mayor Jim Ferrell, Deputy Mayor Jeanne Burbidge, Councilmember Lydia Assefa-Dawson, Councilmember Kelly Maloney, Councilmember Susan Honda, Councilmember Bob Celski, Councilmember Martin Moore and Councilmember Dini Duclos. City staff in attendance: Chief of Staff Brian Wilson, City Attorney Amy Jo Pearsall and City Clerk Stephanie Courtney. 2. PLEDGE OF ALLEGIANCE H. David Kaplan led the flag salute. 3. STUDY SESSION a. Town Center III/Council Input-Discussion Chief of Staff Brian Wilson gave a brief update on the Town Center III project including artistic renderings of the possibilities for the project. He outlined a time-line for which a RFP/RFQ would be put out for development of the 7.88 acres. He also displayed renderings of the overall Town Center including Town Center I (PACC); Town Center II (Town Square Park); Town Center III (former Target Property); and Town Center IV (property adjacent to the Transit Center). Specific to Town Center III, he stated the current market would support ideas such as residential, pedestal housing; parking — underground and at grade; at or above market townhomes; and lifestyle/retail/restaurants which would be 1500 sq ft each. Councilmembers thanked Chief of Staff Wilson for the presentation and asked varying questions regarding location of college campus in the area; number of housing units anticipated; neighboring property owners; infrastructure/road development; mixed-use development and parking. b. Economic Development Strategy • Staff Presentation Economic Development Director Tim Johnson gave a PowerPoint presentation to Council outlining the city's first Economic Development Strategy. The strategy is entitled "Some Assembly Required"—Shaping a High Performing Economy for Federal Way. Mr. Johnson spoke to Economic Growth vs. Economic Development. Economic Growth can be Federal Way City Council Special Minutes Page 1 of 2 January 6, 2014 measured through Increase in population; infusion of capital; harvesting of natural resources; and changes in technology. Economic Development is seen as wealth; income;jobs;and investments. He gave the Council a background based on before the recent recession and after. Many emerging themes in Federal Way are Young Population; Quality of Life; Diverse and Skilled Labor Force and the location of the city. Challenges the city faces are educational levels(25.4%of the population hold a bachelor's degree or higher); Income levels; Jobs-Housing Balance and the departure of Weyerhaeuser. He stated the vision is"To Become the Premier Community in the Puget Sound"though step by step obtainable goals and objectives. He noted some of the projects which are currently underway include Downtown Re-Development; University Initiative; and Re-Branding efforts. He would like to see focus on Business Expansion and Retention and Business Recruitment—potentially into the film industry. In conclusion, Mr. Johnson stated the city is looking for the following outcomes: Diverse, Sustainable &Globally Focused;An Economy Focused on the Future; Performance Matrix; Budget Conscientious; and Involving Local, State, Regional, and National Stakeholders. • Council Feedback/Discussion Councilmembers thanked Director Johnson for the Economic Development Strategy and his presentation this evening. They noted they have been looking forward to a plan for many years and are excited to get moving. Councilmembers asked clarifying questions of Mr. Johnson regarding expanding the tax base in Federal Way; the reuse of the Weyerhaeuser; the possibility of attracting diverse new industry to city. 4. CITIZEN COMMENT Anthony Murrietta asked the Council to think about mobility within the city, and look at changing and modifying current infrastructure/roads for future traffic relief. 5. EXECUTIVE SESSION Council did not adjourn to Executive Session due to the length of the meeting. • Potential Litigation pursuant to RCW 42.30.110(1)(i) • Property Acquisition pursuant to RCW 12.30.110(1)(b) 6. ADJOURNMENT There being nothing further on the agenda; Mayor Ferrell adjourned the Regular meeting at 6:58pm. Attest: Stephanie D. Courtney, CMC City Clerk Approved by Council: Federal Way City Council Special Minutes Page 2 of 2 January 6, 2014 II __