- Negotiate a lease for the 10-acre hotel/conference center site on the side of the hill, in accordance with the approved concept plan. The hotel would have 150 rooms and a 500-seat conference center. The town's consultants from Nielsen Fackler Planning and Development, which also prepared the conceptual master plan in cooperation with a citizens committee and staff, prepared a draft lease as the starting point for negotiations with the developer. Once there is an agreement between staff and HSG, it will be brought back to the council for consideration. This part of the project is expected to require a couple months for completion.
- Proceed with planning to relocate and upgrade the event center as shown on the plan. The current location has some key drawbacks -- it sits in the middle of a major drainage way and would hamper extension of Green Valley Parkway for the hotel/conference center. Upgrading the event center will include a cover, new parking and stock facilities, lighting and landscaping. The project would be funded through a type of bond funding known as certificates of participation, with repayment coming from sales and bed tax generated by the hotel/conference center. The current schedule would see construction begin in the fall of 2007 and be complete in time for the 2008 spring rodeo.