06-21-2004 CC MIN - Laserfiche WebLink

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City Council Minutes Page 15 June 21, 2004 6.1. Consider On Sale, Sunday, and Off Sale Malt Liquor License for McCoy Restaurants, Inc. dba McCoys Pub, Public Hearing Finance Director Lori Johnson stated that the applicant is requesting liquor licenses for a new establishment located at 651 Main Street. Mayor Kdinzing opened the public hearing. There being no one to speak to this issue, Mayor KAinzing closed the public hearing. MOVED BY COUNCILMEMBER TVEITE AND SECONDED BY COUNCILMEMBER DIETZ TO GRANT AN ON SALE LIQUOR, SUNDAY LIQUOR, AND OFF SALE MALT LIQUOR LICENSE TO MCCOY RESTAURANTS, INC. CONTINGENT UPON THE CITY RECEIVING ALL THE REQUIRED DOCUMENTS AND SUBJECT TO APPROVAL OF THE PUBLIC SAFETY LIQUOR CONTROL DIVISION. MOTION CARRIED 5-0. 6.2. Consider Approving an Ordinance ~o Amend Chapter 6 of the City Code, Alcoholic Beverages; Section 6.52 and Section 6.94 Finance Director Lori Johnson stated that a local bar owner recently requested that the city change its ordinance to allow liquor establishments to remain open until 2:00 a.m., as allowed by state statute. She also staled that the city would like to include motor vehicle service stations as being allowed to sell 3.2 percent malt liquor in the ordinance (this would be a housekeeping issue as they are currently allowed to sell). MOVED BY COUNCILMEMBER TVEITE AND SECONDED BY COUNCILMEMBER DIETZ TO ADOPT ORDINANCE 04-09 ALLOWING OFF SALE 3.2 PERCENT MALT LIQUOR SALES IN CERTAIN RETAIL STORES AND ALLOWING ON SALE INTOXICATING LIQUOR SALES UNTIL 2:00 A.M. BY AMENDING SECTIONS 6-52 AND 6-94 OF THE CITY CODE OF ORDINANCES. MOTION CARRIED 5-0. 6.3. Consider Resolution Approving Micro Loan Business Subsidy and Tax Rebate (Abatement) Financing for Badger Ventures, LLC (Gradient Technology.) Project-Public Hearing Director of Economic Development Catherine Mehelich provided background of the tax abatement process that has been happening between the city and Badger Ventures, LLC. She discussed the micro loan policy amendments as recommended by the Finance Committee and approved by the EDA. She discussed concerns that city staff had regarding bullet points 3a and 3b that were approved by the EDA and requested they be deleted. Councilmember Motin stated that it wasn't intended that if collateral had to be divided up it would have to be on a pro rated basis but was meant if the applicant were to get behind in payments, the payments would be done on a pro rated basis and the bank would remain as the priority to get the collateral. Councilmember Tveite stated that bullet point 3b should remain as it will encourage the applicant to meet the job goal requirements. Ms. Mehelich reviewed the $100,000 business subsidy micro loan request along with the terms approved by the EDA.