GO ACROSS THIS WAY. READY? ALL RIGHT. GOOD AFTERNOON, EVERYONE. GOOD AFTERNOON. IT IS 1:00, AND
[1. Roll Call]
[00:00:09]
WE'RE READY TO GET STARTED FOR THIS SPECIAL CITY COUNCIL MEETING FOR MAY 28TH, 20, 2024.IT IS OFFICIALLY 1:00 PM. AND AT THIS TIME, MISS HILL, COULD YOU PLEASE CALL THE ROLL? YES, SIR.
COUNCIL MEMBER CUTHBERT HERE. COUNCIL MEMBER. JONES. COUNCIL MEMBER. MYERS HERE. COUNCIL MEMBER. WESTBROOK. PRESENT. COUNCIL MEMBER. SMITH LI PRESENT. VICE MAYOR. HILL HERE.
[2.a. A Resolution to Ratify the City’s Selection of PPE Casino Resorts Petersburg, LLC – A Subsidiary of Cordish Companies as its Preferred Casino Gaming Operator and Direct the City Manager and City Attorney to Take All Necessary Action to Execute the Development Agreement and Submit the Required Information to the Virginia Lottery Board in Accordance with §58.1-4107(F) of the Code of Virginia]
MAYOR HERE. SIR, YOU HAVE A QUORUM. NEXT ITEM IS UNDER NEW BUSINESS, MISTER WILLIAMS, YES, HONORABLE MEMBERS OF COUNCIL, YOU'VE GOT IN FRONT OF YOU, AN UPDATED VERSION OF WHAT IS IN YOUR PACKAGE. IF YOU NOTICE WHAT WAS IN YOUR PACKAGE, HAD DRAFT ON IT AND IN THE DEVELOPMENT AGREEMENT, PARTICULARLY, THERE WERE CERTAIN SECTIONS THAT WERE STILL UNDER REVIEW, WE'VE BEEN IN ONGOING NEGOTIATIONS WITH CORDISH TO GET THE PROPER LANGUAGE IN THERE TO ENSURE THAT WE GET THE PROJECT COMPLETED IN THE MANNER THAT COUNCIL IS EXPECTING, AND THE REASON THAT WE'RE, WE'RE TRYING TO GET THIS MOVING FORWARD QUICKLY IS BECAUSE THE VIRGINIA LOTTERY, BY STATUTE, TAKES 45 DAYS TO REVIEW THE PACKAGE. AND IN ORDER TO MEET THE DEADLINE FOR SUBMISSION FOR THE REFERENDA, WE HAVE TO HAVE THE PACKAGE SUBMITTED TO THE REGISTRAR IN EARLY AUGUST.AND SO, WE REALLY NEED TO GET THIS ADOPTED AND APPROVED IN ORDER FOR US TO PROCEED WITH SENDING THE PACKAGE FORWARD, AS WELL AS GETTING MOVING FORWARD WITH THE PROJECT. AND SO WHAT YOU HAVE IN FRONT OF YOU IS THE UPDATED VERSION WITH THOSE ITEMS FILLED IN. WE'VE ADDRESSED A NUMBER OF ITEMS THAT WERE QUESTIONED BY COUNCIL. ONE IN PARTICULAR WAS THE GUARANTEE BY CORDISH THAT OCCURS AT THE VERY END OF THE, OF THE PACKAGE THAT YOU HAVE IN FRONT OF YOU. SO IF ANYBODY HAS ANY QUESTIONS, YOU KNOW, PLEASE LET ME KNOW. BUT I THINK THAT IT'S, IN ORDER AND I'D ASK THAT COUNCIL ADOPT THE RESOLUTION. OKAY. AND THIS IS, THE RESOLUTION TO RATIFY THE CITY SELECTIONS. PPE CASINO RESORTS PETERSBURG LLC, A SUBSIDIARY OF CORDISH COMPANIES, AS IS PREFERRED CASINO GAMING OPERATOR AND DIRECT THE CITY MANAGER AND CITY ATTORNEY TO TAKE ALL NECESSARY ACTION TO EXECUTE THE DEVELOPMENT AGREEMENT AND SUBMIT THE REQUIRED INFORMATION TO THE VIRGINIA LOTTERY BOARD IN ACCORDANCE WITH 58.1 DASH 41 07F OF THE CODE OF VIRGINIA. I'LL ENTERTAIN A MOTION TO ADOPT A RESOLUTION AS STATED VICE MAYOR HILL. SO MOVED. COUNCILMAN MEYERS SECOND. ALL RIGHT, WE'RE MOTION TO SECOND. NEXT, I'LL OPEN UP THE FLOOR FOR ANY PUBLIC COMMENT ON THE RESOLUTION. OKAY. SEEING NONE, AT THIS TIME, MISS HILL, COULD YOU PLEASE CALL THE ROLL COUNCIL MEMBER CUTHBERT, A COUNCIL MEMBER? MEYERS A MEMBER.
WESTBROOK, A COUNCIL MEMBER. SMITH, A VICE MAYOR. HILL, A MAYOR. AYE. MOTION CARRIES. ALL RIGHT. THANK YOU. ALL THE NEXT ITEM IS ITEM THREE. ADJOURNMENT. SECOND. AND ALL IN FAVOR? AYE, AYE. ALL RIGHT. THIS MEETING IS
* This transcript was compiled from uncorrected Closed Captioning.