A plan to reopen a bar and lounge at 315 Exchange on South Three Notch Street received conditional approval on Tuesday.

The Troy City Council voted unanimously to grant conditional approval of a lounge retail liquor license to Cocktails and Dreams LLC, owned by Mychael Blunt.

Blunt would be the new owner of the bar on South Three Notch known as 315 Exchange. Under the previous owner, police were called to address several, including 35 arrests for underage drinking in 2012 and an incident in which the bar lost its license to sell alcohol. The location has been vacant since late spring.

Troy City Councilwoman District 5 representative Dejerilyn King Henderson said that she is supportive of new businesses in her district, but that she will make sure the establishment is monitored.

“I think we have too many businesses requiring a liquor license in District 5,” Henderson said. “There will be a lot of monitoring from the police department, and a lot of monitoring from me.”

King referenced a shooting last year that killed three people at Centennial Hill, a lounge in Montgomery.

 

“I’m extremely concerned and don’t what something like what happened at Centennial Hill,” King said. “I hope the new owners are extremely cautious. If there is a situation where the police need to investigate activity, I will make sure it would happen.”

The approval was conditional to the licensee becoming compliant with recommendations made by the fire inspector. Recommendations include installation of a sprinkler system and coming up to code with exits and safety hazards.

Blunt was head of security at the club when it was under different ownership.

Steve Money, attorney for Blunt, said the new establishment will have a zero tolerance policy for underage drinking and owners are considering only allowing individuals 21 years of age or older to enter.

In other business, the council:

• Unanimously approved a 722 amendment in order to support new retail business and help with site prep costs. The city will provide up to $100,000 in reimbursement to Crowco, Inc. for development costs associated with a new retail development on U.S 231.

• Unanimously approved a retail/beer/wine license for ZTec No. 612, located at 303 U.S. 231 South that was carried forward from the last council meeting. Council members had approved the licenses conditionally, while the owners brought the building up to fire code recommendations.

• Unanimously approved two resolutions to replace a transmission pole on Madison Street with a new concrete one. Costs will be $19,242 for labor and $6,190 for materials.

• Unanimously approved a contract addendum with Goodwyn, Mills and Cawood Architecture and Engineering firm, represented by Michelle Conway, on a runway extension project at Troy Municipal Airport.