Public hearing on development of the former Quillin's building has been pushed back three weeks
Posted: Mon, Apr 1, 2019 7:15 PM
Decorah City Administrator Chad Bird says city staff members are still in negotiations with the developer who wants to turn the former Quillin's store in Decorah into the home of a Hy Vee food store.
There are two parts to the financial aid package being discussed. The City of Decorah is negotiating about a 15-year tax abatement totaling $425,000. Decorah Jobs/Winneshiek County Development has offered the developer a forgivable loan of $325,000.
However, background information for Monday evening's Decorah City Council meeting noted, "There may be other details and elements currently in negotiation as well."
City council members Monday night approved setting a public hearing on the incentives--but delaying it by three weeks, setting the hearing for 5:45 p.m. Monday, May 6th instead of on April 15th.