November 17, 2020 at 5:00 PM - Legislative and Economic Development Committee Meeting
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1. Open Meeting
Rationale:
Discussion:
Committee Chair Ryan Hinz called the meeting to order at 5:29pm.
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2. Roll Call
Rationale:
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3. Items of Business
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3.A. Discuss imposing an occupation tax on video gaming machines.
Action(s):
No Action(s) have been added to this Agenda Item.
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3.B. Discuss eliminating 30-day or longer hotel/motel stays from the calculation on the hotel occupation tax.
Discussion:
Committee member concerns included having no information about how such action would affect the City's revenue and difficulties for both parties to track these stays and associated cost calculations.
Action(s):
No Action(s) have been added to this Agenda Item.
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3.C. Discuss and provide a recommendation to the City Council on awarding up to $55,000 of LB840 funds to Woods-Jones Enterprises for building acquisition costs for the former Brew House building.
Discussion:
Tom Ourada reported that $40,000 is equal to half of the requestor's downpayment for purchase. Woods-Jones Ent. will sign a Deed of Trust for a seven year period with one-seventh forgiven every year they operate the business. The previous two awards on the property will be paid back through separate arrangements.
Action(s):
No Action(s) have been added to this Agenda Item.
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4. Officers' Reports
Rationale:
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5. Adjournment
Discussion:
The meeting was adjourned at 5:54pm.
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