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President McCarthy
If it is purchased, it falls under the authority of this Board. | would assume at some point we will generate a
lease with whoever the group is we decide to have manage it or occupy it or whatever, that’s some of the work
we have left to do, but it is this Board that has to approve that.
Alderman Deane
Board of Aldermen — 9/12/17 Page 33
MOTION BY ALDERMAN SIEGEL TO FURTHER AMEND BY SENTENCE TO THE END OF THE NEXT TO
THE LAST PARAGRAPH WHICH STATES: THIS RESOLUTION SHALL EXPIRE TWO YEARS FROM ITS
EFFECTIVE DATE IN THE EVENT THAT THE $4 MILLION IN PRIVATE FUNDS HAVE NOT BEEN RAISED
PRIOR TO THAT DATE.
ON THE QUESTION
Alderman Siegel
I’m just thinking about the two years. That seems like an awfully long period of time, but I'll leave it as is.
Alderman Clemons
Board of Aldermen — 9/12/17 Page 32
President McCarthy
If | understood the intent of Alderman Siegel’s motion, we are allowed to buy the building under the terms of
the resolution. We would hold it for two years and then decide what to do with it instead if the $4 million was
not forthcoming in that timeframe. Is that what you had in mind, Alderman Siegel?
Alderman Siegel
That would be correct.
Alderman Deane
Board of Aldermen — 9/12/17 Page 31
gone from the city and will really make a defining moment on what our downtown looks like. I’m going to be
voting in favor of this.
Alderman Siegel
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Alderman LeBrun
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Alderman O’Brien
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Alderman Schoneman
And perhaps in the body as well. Under purpose it says: “purchase, renovate and construction a new
performing arts center.”
President McCarthy
In that we would also add “201 Main Street.” Does everybody understand the motion?
MOTION CARRIED
MOTION BY ALDERMAN WILSHIRE FOR FINAL PASSAGE OF R-17-116 AS AMENDED BY ROLL CALL
ON THE QUESTION
Alderman Lopez
Board of Aldermen — 9/12/17 Page 25
UNFINISHED BUSINESS — RESOLUTIONS
