WAVY.com was in the council meeting that affirmed Mayor Will Sessoms' wishes for the City to contrib

WAVY.com was in the council meeting that affirmed Mayor Will Sessoms' wishes for the City to contribute $13 million to the project immediately and $5 million more over the next several years. The meeting was a chance for council members to give feedback on the agreement and raise concerns about the cost.
Councilman Glenn Davis responded, "When you build something like the developer has shown to us, where it is a Greenbrier or Homestead type facility, this isn't taking airline ticket deals money away from one of the hotels on the Oceanfront."  Councilman John Uhrin, who is in the hotel and tourism industry, shared Davis' opinion on the topic.
"The $8 million, that high amount of the [Economic Development Incentive airline ticket deals Program] and paying it up front is a major red flag to me," said Dyer.  "And I think this sets a precedent that we have to talk out and vet. But, unfortunately, given the facing public hearing and the July 2 deadline, we may not have that opportunity."
Here's a breakdown of some of Thompson's costs that was shared at Tuesday's meeting: The renovation airline ticket deals of the old hotel is estimated to be $43 million. airline ticket deals The renovation of the new Cavalier hotel will be at least $41.5 million. Building new homes around the old hotel will be more than $54 million. Renovating and preserving the old beach club will be $5.5 million.