The sale of the West Third Street property has already been pushed back several times.
City Attorney Andy Davis told the City Commission that the lawyers for Duke Hospitality, the group looking to develop the West Third Street tract, have not had time to look at all of the documents.
“This should give them enough time,” Davis said.
“There are no problems with the developers,” City Manager John Bennett said. “We’ve just got to get it all finalized and on paper. There are no disagreements about anything.”
Bennett said another reason the process has dragged on for a bit is because of several transactions happening with this one deal.
Duke Hospitality has agreed to pay the city $400,000 for the 1.54 acre parcel on West Third Street where the hotel will be constructed.
The city has agreed to Tax Allocation District financing for the remaining $375,000. The TAD redevelopment tool dedicates to a project the property tax increases that come about because of the project.
Samson Developers — owned by Rome businessman David Doss — spearheaded the hotel deal but sold its interest in what was a 2.14-acre site to Duke Hospitality in exchange for $75,000 and 0.60 of an acre on the site.
Bennett said there is a possibility that the closing could come before March 22 but that it probably wouldn’t happen until some time next week.
Board members did get a look at the most recent designs for the project — which the city has final architectural control of — and gave their approval of the site plans that are part of the master plan.
Among the features are an underground parking deck that would be secured for hotel residents and a river view balcony facing the Oostanaula River that extends into a long porch.
In other actions, the City Commission:
Unanimously approved the request by Rome’s Community Development Committee to commit $13,500 a year for a five-year period in support of the Overlook at Fairgrounds development proposed by the Northwest Georgia Housing Authority.
The 32-unit single-family residential complex planned for the former site of the old Fairgrounds public housing complex will get additional federal funding thanks to the commitment.
Voted to approve the recommendation from the joint city-county Solid Waste Commission to raise the fees at the Walker Mountain Landfill 2.5 percent beginning April 1.
The hike in gate fees is seen as a way to help cover the projected long-term expenses of the landfill, including post-closure costs that will need to be available to monitor the site 30 years after it closes.
The Floyd County Commission will take up the recommendation at its regular meeting this afternoon. Both elected boards must approve the increase before it is passed.
Honored 2012 Rome Police Officer of the Year Josh Kerce with a proclamation and plaque for his service to the citizens of Rome.
Kerce was the first to respond to a call of an active shooter in East Rome last year and was able to persuade the suspect to put down his gun.