Says Mayor Mike McGinn in a statement:

It appears that Council is doing everything possible to prevent a public vote. Yet they still have not dealt with the underlying issue—who will pay for overruns given the $2.4 billion cap in state law. Until the state law is changed, Seattle remains at risk of paying cost overruns.

He'll hold a press conference tomorrow at 11:00 a.m. I can't imagine what else there is to say other than the council made a blue-whale sized flip flop in order to block voters from weighing in on an unpopular project. But that's obvious.