HEADS UP: Rhombus loan, Walmart alcohol request on tap for Monday council meeting

Welcome to Heads Up, my new weekly attempt at previewing city meetings in a column format.

Coming up this Monday is the Grand Forks City Council meeting. The big talker is the loan subordination request from Rhombus Guys pizzeria. The company is the potential buyer of the Metropolitan Opera House in downtown Grand Forks.

The Grand Forks Metropolitan Opera House, located at 116 S. Third Street, is assessed at $1.2 million. Rhombus Guys owners are seeking a loan for about $1 million.

The action itself isn’t big. Rhombus is simply asking the council to approve loan terms that require the restaurant’s loan from Bremer Bank (requested for a little more than $1 million) to be paid off first over a second loan held by the city on the building.

It’s one technicality the company needs to overcome before acquiring the opera house, assessed at $1.2 million.

What everyone is talking about is the Rhombus Guys owners plans for the building. They’ve stayed mum so far. So what’s going on? If you know, remember I’m like a server: I enjoy tips.

Another interesting matter coming before the council is a request from Ozark Spirits, the company that manages Walmart and Sam’s Club liquor stores, to change the city’s alcoholic license requirements.

Under city law, a business can only have two liquor licenses. If the new Walmart planned for the city’s northern edge is to have a liquor store, the law must change.

Service/Safety Committee members didn’t seem receptive to the idea of changing the law when they met weeks ago, especially since that committee spent three special sessions focusing on problems with Grand Forks’ alcohol culture.

The committee recommended rejecting the request. It’s likely the council would follow it’s advice.

For the rest of the agenda, click here.

City Council meetings at 5:30 p.m. in the City Council Chambers of City Hall.

4 thoughts on “HEADS UP: Rhombus loan, Walmart alcohol request on tap for Monday council meeting

  1. Can someone explain to me how limiting one business to no more than two liquor licenses helps reduce any type of alcohol consumption in the city? I find it hard to believe that Walmart won’t find someone else to operate the liquor store out of the new north end store.

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