Edward Waters University Track Improvements Funding Agreement

Recommended

NCSPHS Amend/Approve 6-0 on 5/18/26.

Debated

The amendment revises the term sheet previously approved by Ord. 2025-781-E to provide funding not to exceed $2,000,000 for the planning, design, and permitting of a NCAA-compliant 400-meter track and walking path rather than a Living, Learning Community Center; funding is on a reimbursement basis and subject to a pro-rated clawback if EWU sells the improvements or permanently abandons their use within 10 years of completion. A separate "legal cleanup" amendment revising Sections 8, 10, and 19 was approved unanimously and rolled together with the NCSPHS amendment. The committee discussed the Auditor's recommended amendment requiring the Use Agreement be recorded with the Clerk of Courts, but the consensus was that this was unnecessary because EWU is unlikely to transfer title to the property.

Decided

PASSED as amended — redirects up to $2,000,000 in city funds from a previously approved living/learning community center to a NCAA-compliant 400-meter track on the EWU campus.