Developers and city at impasse over predevelopment fees as hotel MOU negotiations continue
Developers proposing a downtown boutique hotel and extended-stay redevelopment said they have spent about $57,000 out of pocket and requested reimbursement plus a consultant fee; city staff flagged three sticking points — reimbursement, advisory fee size and historical‑tax-credit coordination — and commissioners asked for a narrow negotiation to bring back a revised MOU.
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Developers working on a proposed downtown boutique Marriott and an extended‑stay conversion of the Auburn Herald and adjacent properties told the commission they have advanced due‑diligence work for about a year and a half and asked for limited predevelopment reimbursement and consultant compensation so they can deliver final drawings and pricing to potential lenders.
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