Remarks by Larry Roth
128 remarks on the record, newest first · Page 4 of 6
- Play at 6:32:10
“After exhibit one, it says the memorandum from Jared Beck. Cost estimate, CRA request, 75,000 total.”
City Council · Jul 22, 2026
- Play at 6:32:47
“Go back to that same page and at the very bottom in that graph, CRA request. 75,000.”
City Council · Jul 22, 2026
- Play at 6:33:06
“Oh, because it looks like you're requesting it.”
City Council · Jul 22, 2026
- Play at 6:33:51
“Okay. So in your expertise, are they going to require a change of use?”
City Council · Jul 22, 2026
- Play at 6:34:34
“got it because it does say in i guess whoever prepared this thing the grease trap would be like twenty eight thousand five hundred dollars i think that's kind of low for a grease trap but um they may not need the the the large commercial grease traps like full-blown restaurants need so maybe that's a true number i don't know so i'll wait to listen but i i i'm more apt to give them the the 75 000 they're asking for to get something there and open That's all, Mayor. How's that ice cream taste?”
City Council · Jul 22, 2026
- Play at 6:40:42
“Got it. So, yeah, so in layman's terms, she's already said that this use is allowed there, and only thing they'll need is if there's any construction is a building permit”
City Council · Jul 22, 2026
- Play at 6:41:07
“So if they add on to the future, they may have to change of use. Yes. So that would be something for the future. For the future.”
City Council · Jul 22, 2026
- Play at 6:41:16
“Yeah. And then for clarity, if they don't put the grease trap in, they won't get the grease trap money. So they'll get the whatever he said, the $25,000 plus the grease trap. So they'll get $25,000. to start with. And if they expand and need a grease drop, then that money will kick in as well. So”
City Council · Jul 22, 2026
- Play at 6:44:20
“So you bring up a point, right, Jared, about the grease trap. I mean, if we lock it in now at 30,000, Can they come back and ask for more if they need it? The attorney's saying yes, so you don't even have to answer, Jared. Thank you, Matt.”
City Council · Jul 22, 2026
- Play at 6:44:43
“So do we want to just do the $25,000 now, and then when they figure out what they want to do later?”
City Council · Jul 22, 2026
- Play at 6:45:49
“You want to designate, I think, a portion of it. We want to ensure there's a grease trap. Yeah, I think you want to do that.”
City Council · Jul 22, 2026
- Play at 6:46:48
“Is there a preset time frame or no for usage? We need to make that up now. If I may clear something up.”
City Council · Jul 22, 2026
- Play at 6:47:04
“Okay. All right. So let's do that. Just do a $25,000 and a $30,000, you said, right? So a total of $55,000, $30,000 designated towards the grease trap. That's my motion.”
City Council · Jul 22, 2026
- Play at 44:17
“You say we have debt service of about $4 million. What do we have in total expense in that building right now?”
City Council · Jul 7, 2026
- Play at 45:14
“So we can say we got $5 million in the building?”
City Council · Jul 7, 2026
- Play at 45:17
“Okay, so we got $5 million in the building. We're talking about selling the building for $4 million. That's a million-dollar loss on our end, plus if we if we do a lease to them we're giving them credit for the lease payments towards the principal amount of the loan that they will have right so correct so to me this is not a good situation this is not a lease option for the city to enter into i don't believe in selling the property for a million dollars less than what we've got into the property although it's not an investment it's a more of a quality of life purchase or investment that we…”
City Council · Jul 7, 2026
- Play at 48:38
“Chair Stroud. Board Member Roth. Thank you. Are we also being asked to invest more money into the building?”
City Council · Jul 7, 2026
- Play at 50:33
“Great. As this is written, what is their cash investment?”
City Council · Jul 7, 2026
- Play at 51:09
“It just seems like, you know, you're talking about $11 million to improve 18,000 square feet. Mm-hmm. Seems like an awful lot of It just doesn't, to me, justify the whole thing. So I'm going to rest for now and let everybody else talk, but I just think the numbers just don't add up.”
City Council · Jul 7, 2026
- Play at 1:16:15
“Thank you. Question. The $9.5 million or whatever they're going to be investing into this Have they showed you any proof of finance? Have they showed they have money in the bank? Have they showed any note structures or anything from lenders that are going to help them achieve that goal?”
City Council · Jul 7, 2026
- Play at 1:16:42
“I think that's a critical point because if we're going to invest another $2.5 million into a $5 million project, that's $7.5 million on our part where we're going to maybe four million dollars of the seven and a half million dollars that we have invested so i think i don't think we're close enough yet to make an educated decision on this project when it comes to the finances i think the terms of the agreement um at four million dollars is is truly not fair to the city or to the cra and i think we need to look at at those aspects But I'd really like to know if the developer has the wherewithal…”
City Council · Jul 7, 2026
- Play at 1:37:10
“brought first and then yeah i'm not against the project what i'm against is not knowing the financial uh ability of them uh the previous group that made an offer to the city had experience in food hall business i don't believe you do Do you?”
City Council · Jul 7, 2026
- Play at 1:37:47
“Okay, well, you don't have any experience in a food hall business. No. And this is what we're trying to open here. Correct. So that's another concern. I get it. It's a loss. What I'm trying to protect is additional losses. So if we can get the financial information that they have the ability to do this financially, it will taste a little bit better. No pun intended to the food thing. That's all, thank you, Mayor.”
City Council · Jul 7, 2026
- Play at 1:50:57
“yeah i'm okay with this the my only concern matt would be if uh are there any non-competes with the parking garage to build a parking garage for the city not a non-compete but we're also not building we're not contemplating a garage of this space at this time but if we wanted to if you want to”
City Council · Jul 7, 2026
- Play at 1:51:22
“I'm not aware of it. Because I mean, if we're going to buy it, I'd rather scrape it and build go up a few stories. So we have more space and just ground parking that would double triple the amount on the north side of Chrome Avenue. Yeah, so just look into that for us. Thank you. That's all.”
City Council · Jul 7, 2026