URA Enters Into Negotiation Agreement For Possible Hotel

The Columbia Gateway Urban Renewal Agency voted to approve entering into an exclusive negotiating agreement with GBHD, LLC on the possible construction of a hotel on First and Union in downtown The Dalles.  The agreement had been initially approved at a January 30 meeting by a 3-2 vote, but City Attorney Gene Parker advised the panel he interpreted Oregon law as requiring a majority of the nine members of the board for an affirmative vote.  This vote was 6-2, with Linda Miller and John Fredrick opposing, and Taner Elliott absent.  Under the agreement, GBHD and the agency will have 120 days to negotiate a Development and Disposition Agreement, with the potential for two 120-day extensions.  GBHD is represented by local businessman Michael Leash, who earlier negotiated with the City and Urban Renewal in an attempt to locate a hotel in the Granada block.  GBHD has requested one million dollars in assistance from Urban Renewal, including transference of the agency-owned parking lot at First and Court, a demolition grant, credit for systems development charges, permits, and fees, and other development costs.

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