Steering Committee for Public Acquisition Forms
Open Meeting — August 4th, Room 204, Olympia Community Center, 7:00 to 9:00 PM

PRESS RELEASE

Olympia, July 21, 2008

In response to widespread public interest in finding an alternative to the proposed increase in height limits on Olympia's downtown isthmus between Capital Lake and Budd Inlet, a new group has formed to investigate the feasibility of acquiring the area of the proposed re-zone AND the Capital Tower Building for eventual incorporation into Heritage Park.

The new group called the "Steering Committee for Public Acquisition" is comprised, in part, of former Olympia Planning Commissioners who believe that the current height limit on the isthmus of 35 feet should not be increased to 90 feet as recently proposed.

The group also believes that as part of the current discussion of the future of the isthmus that the City Council and the State needs also to carefully consider the option of public ownership, with just compensation to present owners, for the area from the twin bridges to Water Street, between 4th and 5th Avenues. This option would not change the status of Bay View Market, the Olympia Yacht Club or the Oyster House.

If sufficient community interest exists, the Steering Committee plans to create a non-profit association for the purpose of thoroughly investigating the ways and means to bring about the de- development and preservation of the isthmus as a great public space for the benefit of all. Their goal is to develop a public-private partnership to bring this about.

The Steering Committee will host a public meeting on August 4 from 7 to 9 pm in Room 204 at the Olympia Community Center (222 Columbia St. NW) to link up with others who are supportive of this concept.

For additional information contact Jerry Reilly at jerryreilly@msn.com (360 561 4212) or Jeff Jaksich at eastbay4@comcast.com

(360 352 2735).