RM 05-21-76 - Laserfiche WebLink

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5. PUBLIC HEARING (Cont'd r. Wiggins: foreclosure, but the hotel was operating, and what the bank (Cont'd) proposed to do with it, was the bank's knowledge, and was not public knowledge. r. Brownell: (Yes, in response, to Mrs. Allen's hand to speak). s. Allen: I just feel that this is rather evasive. The Century Center was planned, and it was a going operation; and when the first proposition was offered for Block 6, all of these facts were known, and it was stated that we didn't need more space for convention people. I don't feel that, at this late date, we should say that we didn't know any of these things. I, myself, had projected the very fact that, with the Con- vention Center operating, we would need more room, and, at that time, the LaSalle was not going down hill- -the Charis- matic Renewal people, and all these things were known. Let's not go back. We are just changing it now -- something that could have been done about three or four months ago. Brownell: The fact is that the Feasibility Study came out negative that time. . Allen: But that was based on the same Study that you had before, when the LaSalle was operating and so forth, and even after that when it was going, it was said they didn't need any more room. It made sense that with the Convention Center, that you expect to get the conventions, you needed more room. . Butler: The Feasibility Study, I believe, was undertaken 10 months ago, not three or four months ago. That was 10 months ago when this issue was decided. s. Allen: Well, then, perhaps all this could have been done 10 months ago. . Butler: Well, it very possibly, as Don pointed out, this doesn't permit the Commission to authorize the construction of a hotel, motel, or motor hotel, on that property. Before... if that is contemplated by the developer, the developer has not indi- cated that. If that is contemplated at any time by the de- veloper, the developer is going to have to get approval from the Commission. The Commission, in order to give approval, would again have to have a Feasibility Study - -a positive Feasibility Study undertaken. Brownell: If there is no other question, I think we should make clear that we will have a Public Hearing on June 4th, at our meeting here, at 10:00 a.m. , this year. Wiggins: This Public Hearing will be continued until our next meeting which is June 4th. This is to meet the requirements and will provide any additional opportunity for anyone who has any further questions. - 8 -