HomeMy WebLinkAboutCouncil.Minutes.03-01-1994.Special 431
Proceedings of the City Council, City of Cape Girardeau, Mo.
Special SeSSlOt1 March 1 19 94
SIL.13703
SPECIAL SE5SION - MARCH 1, 1994
Council convened in special session on 'h�esday, March 1, 1994, at 5:00 p.m. with
Mayor Francis E. Rhodes presiding and Council Members Melvin Gateley, Melvin
Kasten, Doug Richards, and Mary Wulfers present. Council Members David Limbaugh
and A1 Spradling III were absent.
Ms. Wulfers made a motion, seconded by Dr. Kasten, that the City Council convene in
executive session to discuss contract negotiations. The motion was approved upon the
following vote: Ayes, Gateley, Kasten, Rhodes, Richards, Wulfers. Nays, none.
Mark Grimm, special council for the city, reviewed with the City Council, by conference
call, a second draft of the Memorandums of Understanding for each riverboat company.
The memorandums included changes suggested by each company. After discussion, the
Council reached a consensus on the following items:
1. On item 2 of the Boyd memorandum, the wording should be broaden so as not
to include specific areas of savings, but all savings that may be a result of
permanent docking.
2. On item 1 of the Lady Luck memorandum, the reference to "local historical
group" should be changed to the "Colonial Cape Girardeau Foundation." This
change should also be reflected throughout the entire memorandum.
3. On item 2 of the Lady Luck memorandum, the wording should be put back in to
include a payment to the city of two percent of the adjusted gross receipts if the
State determines it will be a permanent docking facility.
4. On item 4.A.(ii) of the Lady Luck memorandum, the completion of the private
projects should be changed back to fifty percent (50%).
Mr. Grimm explained that it would be advisable for the Council to adopt a resolution
endorsing one of the riverboat companies conditional upon entering into a development
agreement with that company. Once the development agreement is entered into, a final
resolution would be adopted and forwarded to the State Gaming Commission. If the city
is unable to enter into an agreement with that company, the Council could adopt a
resolution opposing that company and submit it to the Gaming Commission.
The Memorandums of Understanding will be finalized with the companies on Wednesday
and forwarded to their head offices for signatures. They should be received in the City
Manager's office on Friday and will appear on the City Council agenda for Monday,
March 7. A representative of each company will be present at the March 7 City Council
meeting to answer any questions if necessary.
432
Proceedings of the City Council, City of Cape Girardeau, Mo.
Special S2SSIOn March i 1 g �_
SLL.13703
There being no further business, the Council adjourned.
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Francis E. Rhodes, Mayor
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Gayle . Conrad, Deputy City Clerk