The Livermore City Council will consider authorizing staff to negotiate a development agreement with Presidio Co., the hotel developer.
The discussion will take place at the July 8 meeting.
Presidio has requested approval of a development agreement for the downtown hotel to be located on the eastside of So. Livermore Avenue at the Railroad Avenue intersection.
On November 26, 2018, in response to a referendum, the council repealed its approval of some of the Specific Plan Amendments, including the amendment allowing a fourth floor.
Staff anticipates the revised hotel project and purchase and sale agreement will return to the council in the fall of 2019.
According to the staff report, Presidio has indicated it is important to secure assurances in order to allow the project to continue to move forward and to obtain necessary financing.
The meeting begins at 7 p.m.