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City attorney says TIFF agreement with hotel terminated after no developer response
Summary
City Attorney Jerry Spore told the Henderson board that two letters to the hotel developer received no response and that the city sent a second letter terminating the TIFF agreement; he said he was surprised there was no reply from David Hunt.
City Attorney Jerry Spore told the Board of Mayor and Aldermen on May 14 that the city had sent two letters to the developer of a hotel under a TIFF (Tax Increment Financing Fund) arrangement and received no response. Spore said the second letter terminated the TIFF agreement.
Recorder Jim E. Garland had requested the update. Attorney Spore said he was surprised to have received no response from David Hunt. The minutes record no reply from the developer and no follow-up action recorded beyond termination of the agreement.
Why it matters: Termination of a TIFF agreement could affect local development plans and any public financing or incentives associated with the project. The minutes do not record a developer response, next steps for the city, or financial impacts tied to the termination.
Next steps: The minutes do not list further action; city staff or legal counsel may pursue additional steps if the developer responds or if the termination triggers other contractual or financial procedures.
