The water rate increase the Hot Springs Board of Directors adopted last month to cover cost overruns on the Lake Ouachita water supply project influenced lump sum bonuses the board gave the city manager and city attorney, Mayor Pat McCabe said.
The water rate increase the Hot Springs Board of Directors adopted last month to cover cost overruns on the Lake Ouachita water supply project influenced lump sum bonuses the board gave the city manager and city attorney, Mayor Pat McCabe said.
The Hot Springs Board of Directors delegated the marketing of the Majestic Hotel site to the city s economic development contractor Tuesday, making the Hot Springs Metro Partnership the clearinghouse for all purchase offers and redevelopment proposals.
After negotiations with one developer ended without an agreement, and another developer pulled out of a real estate contract, the city was ready to put the redevelopment of the Majestic Hotel site on hold.
After negotiations with one developer ended without an agreement, and another developer pulled out of a real estate contract, the city was ready to put the redevelopment of the Majestic Hotel site on hold.