Council "pauses" on offering Public Subsidy,

Admits that design is disappointing.

A live-tweet reporting of the City Council meeting on April 3, 2017, in which City Council considered giving a Public Subsidy to the KHP project.

NOTE:  ALL STATEMENTS ARE PARAPHRASES CAPTURED LIVE, not word-for-word quotes.

BACKGROUND: As part of its original submittal in 2013, KHP proposed to pay to the City a required lease payment of at least $300,000 per year.

KHP is now requesting two economic subsidies:

  1. No lease payments for the land and the YWCA building, and
  2. No charge for parking. (City to dedicate 136 parking spaces out of its existing garages, for free.)

 

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