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´╗┐City council okays Hard Rock development agreement

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Another major step by city leaders to build a new Hard Rock Casino Hotel in Sioux City.By a vote of 3 to 1, with councilman Keith Radig voting "no", and Mayor Bob Scott abstaining, the city council formally approved a development agreement with Hard Rock developer, Sioux City Entertainment.What does the city get? An agreement by SCE that the property will have a minimum property tax assessment of $51 million. The city also gets 1.75% of Hard Rock gross casino revenues, or $2.1 million each year, for 20 years, whichever is greater.So, what does SCE get? Air Max Ultra Superfly

$22 million in tax increment financing from the city to pay for parking and infrastructure improvements. Bill Warner, SCE President said, "Anything we can do to move this project forward is good."Smack dab in the middle of the casino hotel Air Max Grey Red White east parking lot is Pearl Street. And, whether to vacate the street, or not, drew heated debate, Monday night.Pearl Street is your average downtown Sioux City street. But, plans put forward by backers of the Hard Rock Casino Hotel turn part of Pearl into a parking lot. Bill Warner, SCE President said, "If you looking to bring a large, customer oriented businesses to downtown, you need to provide convenient parking."But, the city planning and zoning commission disagreed, and voted at a previous meeting to reject that plan, and keep Pearl Street open between 3rd and 4th Streets. That a sentiment shared Rick Bertrand, who just opened his fourth Pearl Street business just two blocks away. Rick Bertrand, Business Owner said, "How does closing downtown Pearl Street benefit Sioux City?"The president of Sioux City Entertainment, which is building the Hard Rock, says the benefits are obvious. Bill Warner, SCE President said, "Creating jobs that benefit the city, and to maximize the outcome from a revenue perspective and a jobs perspective, driving additional revenues, and providing safe, convenient access for the customer Air Max 93

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Hard Rock outdoor concert venueIt's been almost a month since Sioux City's Hard Rock Hotel and Casino opened its doors.

Air Max Grey Red White

Air Max Grey Red White

is imports."But, some Pearl Street business owners are just worried about keeping their doors open. Roy Reisdorph, Business Owner, "It gonna make it harder for customers to get to my business. My business has been there for 65 years, and I don know how much longer now."Developers say they understand the concerns that come with closing Pearl Street. Bill Warner, SCE President said, "We been open eyed, and open minded to solve problems."But, Bertrand believes, with so much momentum behind a new casino hotel, the city has to "play the cards it been dealt." Rick Bertrand, Pearl Street Business Owner said, "We out of order. This train is too far out of the station." Not so, says council member Keith Radig, who said he wouldn vote to vacate Pearl until there was an understanding that the rest of council would support an amendment, which would keep it open as a two way "throughway" measuring at 26 feet wide, with a 6 foot wide, ADA compliant sidewalk on the east side, pedestrian crosswalks, and lights to match the rest of Pearl Street. It worked. By a vote of 4 0, with Mayor Bob Scott abstaining, the council passed the "redesign" to keep Pearl open.Workers put finishing touches on Hard Rock outdoor concert venueWorkers put finishing touches on Air Max 95 Ultra Jacquard Sail

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