CITY COUNCIL TO HOLD “SPECIAL CALLED” MEETING NEXT TUESDAY TO MAKE CHANGES IN PLANS AND AGREEMENTS WITH THE DEVELOPER FOR OLD GREY’S HOSIERY MILL

AND TO EVALUATE THE CITY MANAGER IN CLOSED SESSION

In a “special called” Council meeting on Tuesday June 19th at 4:30pm, Hendersonville City Council will take up modifications to the agreement with developer Belmont Sayre LLC for the old Grey’s Hosiery Mill dilapidated building and property that the city owns on Grove Street. The “special called” meeting will be held next Tuesday afternoon in City Hall.

It was revealed last Thursday evening at City Council’s May monthly meeting that the plans earlier agreed to by the developer and the city are not “financially viable”. That plan was for a 57-room boutique hotel on the old mill site and other amenities to the property and nearby areas. This latest failed plan comes after about three decades of the city’s ownership of the property, and failed ideas to restore it including a multi-million plan to convert the property into a performing arts center that went “belly up” about a decade ago.

After considering a number of options and proposals earlier this year, the city in April enthusiastically endorsed thethe Belmont Sayre proposal and agreed to sell the old mill property to the developer for a million dollars. It was assumed the developer was moving forward with the downtown hotel project.,,.up unti late last week.
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This modification of the plans now scraps the whole concept of a downtown hotel, and it’s not clear how this change in plans impacts the city’s sale of the property to the developer ..or the city’s plan to invest abiout $850 thousand in amenities to improve the neighborhoods around the old mill site..

The new plan for the property calls for it to be converted into “work force” apartments, while salvaging the old building itself.

Also in next Tuesday’s “special called” meeting, City Council will be doing a regular evaluation of the city manager. That will be done in “closed session” as a personnel issue, with no public participation.

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