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Council takes up master development agreement for proposed hotel, conference center and parking garage; work session planned
Summary
Council reviewed a master development agreement that would commit up to about $8 million in development and design fees prior to bond sale for a proposed hotel, conference center and parking facility. Council scheduled a work session for detailed discussion.
City staff presented a proposed master development agreement with a private developer for a proposed hotel, conference center and parking facility; council did not vote on the development agreement but scheduled a work session to examine project details.
City staff said the developer and city have agreed on development and design fees totaling roughly $8,000,312 (amount presented in the staff…
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