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i 1 the petition did not contain all of the property owners signatures, and some were renters. Mr. Smith said that no one appeared at the public hearing. After discussion, a motion was made by Councilman Hunt, seconded by Councilman Boyd to deny the request to close the alley located between Booth Street and Tudor Street from the West boundary line of 19th Street N. E. west to the East boundary line of 17th Street N. E. The motion carried 7 ayes, 0 nays. City Attorney Haynes presented the following petition for rezoning: Goldie Thomas Welch, Lot 21, Block 315, from Agricultural District to Commercial District. Mayor Clifford referred the petition to the Planning and Zoning Commission for their study and recommendation at their meeting February 3, 1997, and before the City Council February 6, 1997. The City Council received a report from the Building Hazard Inspection Committee. Mayor Clifford declared the public hearing open concerning property determined by the Building Hazard Inspection Committee to be a fire hazard and /or dilapidated or dangerous structure and /or a nuisance. Mike Alexander', Code Enforcement Office for the City of Paris, came forward requested that the people present to speak regarding their property be allow to speak first. Mr. Johnny Clawson appeared before the Council regarding the property located at 265 S. Main Street, Item No. 54 on the Report. Mr. Clawson said that they have worked out a way to redoing the Gibraltar Hotel in sections, and they are asking is to be allowed to, instead of trying to raise the line of credit for the total structure at one time, finance each section as they work on it. Mr. Clawson said that they were looking at a period of five years, but each section will be opened for business as it is finished because it would take approximately 2.5 million dollars to renovate the building at one time. Mr. Clawson told the Council that they are in negotiations with Greyhound to open the bus station first which would also have a convenience stone in it. Mr. Clawson said he had been waiting on a letter from them to give him a date when they will be starting the first buses through Paris. Mr. Clawson said they had been talking with two local banks about financing the bus station and subsequence phases of the building. They do have blueprints of the building and they are in the process of updating them to meet all the requirements. Mr. Clawson said they will continue to work on trying to get progress on the building, if the City Council would allow them to finance sections instead of trying to come up with a line of credit for 2.5 million dollars. Mayor Clifford pointed out that the Building Hazard Inspection Committee's recommendation is to require him within 30 days to submit a total plan, proof of financing, and begin to make necessary repairs or demolish and remove the building.