The Commission members met at 4:00 P.M. at the Hotel and were given a walking tour of the Hotel Project by Public Works Director Tom Zechman, and Construction Project Manager Bob Graeser.

Piqua City Commission convened at 5:00 P.M. in the Municipal Government Complex Commission Chambers to hear a presentation on the Hotel Project.

City Manager Enderle explained there are a few important items that need to be addressed at this time and they include:

Construction, leasing options, and the layout of the 4th floor
Preview of the Grand Opening
Financial Status

Tom Zechman gave a brief construction update. We are in the home stretch with completion scheduled for September 1, 2008, not including the coffee shop and the restaurant, said Mr. Zechman.

City Manager Enderle passed out a handout with a sketch of the 4th floor rooms, and explained the cost schedule for each room. There will be six different breakout rooms as well as an audio visual area, and banquet facilities with seating for around three hundred fifty people.

Mainstreet Executive Director Lorna Swisher is keeping a log of dates for November and December for rental of the ballroom and etc. She has forty-one dates reserved so far for the ballroom, said Mr. Zechman.

The first floor will have two tenant spaces one a coffee shop and the other will be a restaurant. Contracts have not been signed with either one at this time and they may not be completed by the October opening.

The scheduled completion date is September 1, 2008 for the Library to take possession of the keys. The grand opening is scheduled for October 19, 2008 and tours will be offered the week of October 20-25, 2008.

City Manager Enderle passed out a final projected revenue and expense sheet for the Hotel Project. Mr. Enderele went over revenue and expenses line by line, and explained each item in detail.

Mayor Hudson asked if the original estimate is going to be the final cost? Mr. Enderle stated the final construction cost would be $20,277, 133 and explained.

Mayor Hudson thanked everyone for attending.

Moved by Commissioner Martin, seconded by Commissioner Fess, to adjourn from the Piqua City Commission Work Session at 6:00 P.M. Voice vote, Aye: Hudson, Terry, Fess, and Martin. Nay: None. Motion carried unanimously.

_____________________________
THOMAS D. HUDSON, MAYOR

PASSED: ________________________

ATTEST: _________________________
REBECCA J. COOL
CLERK OF COMMISSION