|City of Omaha Public Notices|
CITY PUBLIC NOTICES 3/22/18 03/22/18 10:39:55 AM
CITY OF OMAHA
PUBLIC HEARING NOTICE
MOXY HOTEL TAX INCREMENT FINANCING (TIF) REDEVELOPMENT PROJECT PLAN
NOTICE IS HEREBY GIVEN that the City Council of the City of Omaha, Nebraska, will meet and hold a public hearing on April 10, 2018, beginning at 2:00 PM in Legislative Chambers, 1819 Farnam Street, Omaha, Nebraska 68183 for the purpose of hearing testimony for:
The Moxy Hotel Tax Increment Financing (TIF) Redevelopment Project Plan.
The Project plan consists of approximately 8,712 square feet, located in the Old Market area of downtown Omaha. Existing structures will be demolished and a new six story, 105 room hotel will be constructed. The owner/developer is Hawkeye Hotels, LLC, based in Coralville, IA. The Moxy Hotel will be a Marriot franchise facility. The design has been substantially modified to comply with Article 22, Urban Design, of the Municipal Code, and to ensure that it is compatible infill in the Old Market Historic District. Proposed public improvements include sidewalks, curbs, gutters, landscaping and planters. The redevelopment project anticipates the creation of forty (40) jobs related to the commercial/retail services industry.
The Planning Board recommended approval of this Redevelopment Project Plan at the February 7, 2018 public hearing.
The Redevelopment Project Plan recommends the City's participation in the redevelopment of this project site through the allocation of TIF in an amount up to $1,931,000.00. TIF will be used to offset TIF eligible expenses for acquisition, building rehabilitation, architectural and engineering fees, and public improvements as required. The total estimated project costs are $15,148,385.00, but are subject to change as final costs come in.
A copy of said plan is available for public inspection in the City Clerk's Office.
Anyone interested in this matter should be in attendance.
Elizabeth Butler, CMC
City Clerk, City of Omaha
ALL REQUESTS FOR SIGN LANGUAGE INTERPRETERS (SIGNERS) WILL REQUIRE A MINIMUM OF 48 HOURS ADVANCE NOTICE. IF ALTERNATIVE FORMATS ARE NEEDED, REQUESTS WILL REQUIRE A MINIMUM OF 72 HOURS ADVANCE NOTICE. PLEASE NOTIFY SHERRI BROWN AT (402) 444-5554 IF ARRANGEMENTS NEED TO BE MADE.