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RESOLUTION NO. 2397
HOTEL/CONVENTION AND MARKETPLACE ANALYSIS
BREMERTON CBD AND WATERFRONT
WHEREAS, the City of Bremerton, the Port of Bremerton, and the
private sector have invested millions of dollars in infrastructure
and capital improvements downtown and on the waterfront; and
WHEREAS, over the years, both public and private sector
members have funded economic studies and have participated in
numerous seminars, conferences, and meetings in order to develop a
common vision for the redevelopment of the Bremerton CBD and
waterfront; and
WHEREAS, the City desires to be proactive in support of
existing businesses and to be proactive in the redevelopment of the
Bremerton CBD and the waterfront by establishing a realistic market
for activities that can be supported by residents, workers, and
tourists alike; and
WHEREAS, the City desires to redevelop the waterfront as well
as the CBD in order to establish linkages between these areas as
well as linkages to adjacent neighborhoods; and
WHEREAS, the City will become the owner of the Bremer Trust
site along the waterfront immediately adjacent to the Overwater
Park and desires to use the redevelopment of this property as an
opportunity to set the tone for the quality and style of
development on the waterfront and in the CBD; and
WHEREAS, revenues generated by redevelopment of the Bremer
Trust site are necessary to ensure that there are sufficient funds
to replace "Roosevelt Field" which will require a maximum return on
investment; and
WHEREAS, the City and other public and private sector players
all recognize and agree that economic analyses, conducted by
professionals expert in the areas of hotel/convention facilities
and marketplace economics are necessary to give us the information
and to provide the development prospectus required to attract and
select the highest quality development possible; and
WHEREAS, there is local public and private sector support,
including a commitment of funds, to hire the economics
professionals to conduct an analysis for a hotel/convention
facility on the waterfront and a marketplace analysis for the CBD
and to work with the City throughout the process; NOW THEREFORE:
BE IT RESOLVED BY, the Mayor and City Council to direct
Department of Community Development staff to: prepare two separate
Request for Proposals (RFPs) to (1) solicit professionals who are
expert and experienced in the hospitality industry to complete an
economic analysis for a hotel/convention facility on the Bremer
Trust property; and (2) solicit professionals expert in economics
and marketing to complete a marketplace analysis for the CBD; and
BE IT FURTHER RESOLVED, that staff establish a study team
consisting of the business, civic, transit, and both Port and City
officials to work with the staff and the selected consultants to
complete the economic analysis described above (recognizing and
building on existing economic studies); and
BE IT FURTHER RESOLVED, to work with study team members to
identify and commit other public and private funds necessary to pay
for the economic analyses prior to executing contracts with the
consultants.
PASSED by the BREMERTON CITY COUNCIL this 24 day of June , 1992.
LYNN HORTON, Council President
APPROVED this 29th day of June, 1992.
LOUIS MENTOR, Mayor
ATTEST:
KATHLEEN L. McCLUSKEY, City Clerk