09-09-98 Council Minutes - Laserfiche WebLink

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MINUTCS CITY COUNCIL SEPTEMBG,it 9, 1998 Fahey sug~ested th~t Moarn have a contingency plan in Yhe event The Venetian does not move. Fahey also indicat~ed that ifthe theater project does not proceecl, the City will lil<ely let the natural economy ~ddress tl~e southern ~arcels. [ ahey intlicated thaY the City will have to mal<e soine decisions on Che Yheater project in fhe next month or so. Moarn point~ed out~ that~ a 20,000 squ~ire 1~oot tenant in this neighborl~ood is ~inconunon indic~ting t~h~t ~i typic~i tenant would t~l<e about 6,000 to 8,000 square feet. Nloern ti~ain indicated that the CiCle company feels that ii' Che theater project proceeds, the wl~ole ~rea will redevelop. F1hey indicated th~t the design Nloarn has presented fits the area nicely. He also indiclted t~hat the CiYy will do wh~tever iC can to expedite the tl~e~ter project Once ti development a~reement is si~ned with Cinemarl<, tV~e Council wili hold wh~tever special meetin~s ~re necessary to get the redevelopment ~~rojects finalized. The City AdminisUator indicated thaT a November deadline will be very difficult to meet. He noted that the City currently has eminent domain proceedin;s in place (''or the Guerin property. There 1re ~Iso tenant relocation issues to ~ddress, and a developmenC ~igreement has not been si~netl wiYh Cinemlrl:. [-lowever, ii~there is some cre~tive way Yo meet November, Che City ~-vould be willin~ to tlo so. The CiCy Attorney ex~~lained the eminent domain proceedin~ that is underway on the Guerin property and noted t~hat no such proceedin~ has been ordered for tl~e nort~h parcel. Fahey thenl<ed Nir. Moarn for his presentalion. VENTTIAN Mr. Joe Vit~ale repurtetl that The Venetian wo~ild lil<e to host a Uolden 1NN - Gloves boxing exhibitioi~ on Sacurday, September 26°i, from I P.M. to BOXING 3:30 P.M. in their p~rl<in~ IoC. Vit~le reported that he has atCended some ~X23IBIT[OIV similar exhibitions and intlicateci Ch~C they were not he2vily attended. Those present seemed Co be the t~~milies oFthe pariicipants. Vit11e indicated that'The Venetian woulcl be serving beer and soft drinl<s in the pa~9<ing IoY. Given that there would be no admission charge to this event, Vitale requested that the ~irea not be required t~o be fenced. Secw~ity can be providetl if the Co~incil desires. F[owever, Vit~le pointed out that given this is an ~fternoon event, he believed the need Por security w~s mii~imal. Fahey ii~dicaCed Chat sinc~ this is ~i one-Yime event, he had no ~roblem with processing the request~ as presented. t-lowever, should tl~is become a 4