Settlement vote: $24,225 payout for Christopher Holmes claim
The city would pay $24,225 from the general fund to settle a claim filed by Christopher Holmes. If approved, this payment would resolve the dispute.
Item #24
Regular City Council Meeting
City to rebate $1.5M in taxes for Parkside Hotel project
Legal & Settlements
$1.5M
, Red tier (over $1 million)
If approved, would allow the city to rebate up to $1.5 million in state lodging and local sales taxes generated by a new hotel development. The rebate would support Parkside Hotel Partners' project under the state Tourism Investment Act.
Counterparty:
Parkside Hotel Partners LP
Funding source:
Special Tax
Action type:
Resolution