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FEDRAC MINUTES 10-29-2018 CITY 4F Federal Way City Council Finance/Economic Development/Regional Affairs Committee Monday October 29 2018 SPECIAL MEETING Federal way City Hall 5:00 P.M. SUMMARY MINUTES Hylebos Conference Room CALL TO ORDER: Committee Chair Duclos called the meeting to order at 5:00 p.m. COMMITTEE MEMBERS IN ATTENDANCE: Councilmember Tran, Councilmember Assefa-Dawson COMMITTEE MEMBER EXCUSED: COUNCILMEMBERS IN ATTENDANCE: Deputy Mayor Honda, Councilmember Koppang, Councilmember Johnson STAFF MEMBERS IN ATTENDANCE: Finance Director, Ade Ariwoola; City Attorney, Ryan Call; Economic Development Director, Tim Johnson; Parks and Recreation Director, John Hutton; Public Works Director, EJ Walsh; Police Commander, Kurt Schwan; Accounting Manager, Kristin Trivelas; Financial Analyst, Hardeep Goraya; Administrative Assistant, Robyn Buck OTHERS PRESENT: Bob Roegner, Federal Way Mirror; Dana Hollaway, Federal Way Citizen; Federal Way Citizen, Jeff Oldright; Federal Way Citizen, Xel Delplo PUBLIC COMMENT: Mr. Oldright expressed concern about being singled out as an industry (Storage Facilities), but understands the need. He feels the fee should include all storage spaces for rent, which includes apartment complexes. Mr. Oldright wants equability. REVENUE SUSTAINABILITY DISCUSSION: *Please refer to attached spreadsheet* The items from the spreadsheet are policy decisions. Storage facility fees could be done by unit which would also apply to apartment complexes. Can this be used for warehouses too? Committee can make recommendations to the Mayor to have staff look in to the viable options. Honda & Duclos will talk to Mayor. The next meeting would take place early next year. Information only. NEXT MEETING: Early in 2019 MEETING ADJOURNED: 5:57 p.m. Monday, October 29, 2018 Page 1