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HomeMy WebLinkAbout1994-03-01 CC MIN Special Meeting , (\ n n " SPECIAL MEETING STILLWATER CITY COUNCIL MINUTES March 1, 1994 4:30 p.m. The meeting was called to order by Acting Mayor Kimble, Present: Councilmembers Bodlovick, Cummings (arrived at 4:40 p,m,), Funke, and Kimble Absent: Mayor Hooley Also Present: City Coordinator Kriesel City Attorney Magnuson Finance Director Deblon Comm, Dev. Director Russell Recording Secretary Schaubach Press: Julie Kink, The Courier Mike Marsnik, Stillwater Gazette Others: Paul Hoffman, Bill Bell, Tom Thuesen, Chuck Dougherty, Bruce Brillhart, David Paradeau, Jelle DeBoef WORKSHOP TO DISCUSS TAX INCREMENT FINANCING ASSISTANCE FOR DOWNTOWN HOTEL DEVELOPMENT. Council met with Paul Hoffman of Hoffman Companies, and Bill Bell, owner of franchise rights to Country Inn and Suites. Community Development Director Russell reviewed the proposed project. The developer requested City assistance and the Council reviewed and discussed the nine items requested by the developer. Finance Director Deblon recommended that, if TIF is provided, it should be on a pay-as- you-go basis, and the City not bond for the project, Mr. Hoffman stated that pay-as-you- go would not work for this project. Council agreed to continue the discussion at another workshop meeting at 4:30 p.m. on Tuesday, March 15, 1994, ADJOURNMENT Motion by Councilmember Funke, seconded by Councilmember Bodlovick to adjourn the meeting at 6:00 p.m. (All in favor) , (' r r . Stillwater City Council Minutes Special Meeting March 1, 1994 ATIEST:---1l{Af 4 ~,Lll.OA,1V'\ CITY CLERK Submitted by: Shelly Schaubach Recording Secretary 2