File #: 25-0362    Version: 1
Type: recommendation Status: In Committee
File created: 4/17/2025 In control: Finance Committee
Agenda date: 4/21/2025 Final action:
Title: Consideration of a Recommendation to Issue Debt for Yelm Highway Community Park Phase I Construction and the Armory Arts Center Phase I Renovations
Attachments: 1. Presentation, 2. PRAC Recommendation Letter, 3. Armory Project Summary, 4. Yelm Highway Community Park Project Summary
Title
Consideration of a Recommendation to Issue Debt for Yelm Highway Community Park Phase I Construction and the Armory Arts Center Phase I Renovations

Recommended Action
Committee Recommendation:
Move to approve a recommendation to issue debt for Yelm Highway Community Park Phase I Construction and the Armory Arts Center Phase I Renovations.

City Manager Recommendation:
Move to approve a recommendation to issue debt for Yelm Highway Community Park Phase I Construction and the Armory Arts Center Phase I Renovations.

Report
Issue:
Whether to approve a recommendation to issue debt for Yelm Highway Community Park Phase I Construction and the Armory Arts Center Phase I Renovations.

Staff Contact:
Sylvana Niehuser, Interim Director of Parks, Arts and Recreation Department, 360.753.8068

Presenter(s):
Sylvana Niehuser, Interim Director of Parks, Arts and Recreation

Background and Analysis:
Armory Arts Center
The City of Olympia is transforming the historic Armory building into a new community arts center. The vision for the Armory is to support the arts as integral to Olympia's way of life; encourage community growth through creativity and innovation; foster connection among people, ideas and places, while operating with a foundation in equity.

This project addresses a long-standing community need first identified in 1989, and it aligns with eight (8) community planning documents, including Policy PR 8.1 of the Comprehensive Plan. The project was also included in the 2004 Voted Utility Tax ballot measure.

The Olympia Armory Building is located at 515 Eastside St SE and was transferred to the City of Olympia in March 2022 from the State of Washington as directed by the Washington State Legislature.

In January of 2024, eight non-profit arts organizations were identified as future tenants (Anchor Partners for the building), including The Bridge Music Project, Capital City Pride, Community Print, Kokua Services/Hummingbird Studio, Olympia Film Collective, O...

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