Captain's Table one step closer to it's comeback

MOLINE, Ill. - A lease between the City of Moline and the Captain's Table restaurant moved forward Tuesday night.

Local 4 News first brought you pictures of how the new restaurant would look in April. 

The old building was destroyed by a fire back on January 15th. 

It was in the middle of renovations at the time. 

The new restaurant would still be located at Marquis Harbor along Moline's River Drive but plans show a much bigger space.

Members of Moline's committee of the whole approved an amended lease agreement at Tuesday's meeting. 

It would lock in the restaurant for 20 years. 

The lease also indicates that the city would help pay for construction, which is estimated to cost about $1.6 million.

About a million of that would come from insurance money. 

The rest would be financed by the city, which owns the marina property.

The city would pay for all of the construction including floors, walls, signs and fixtures. 

The Captain's Table would be responsible for any furniture, equipment and inventory.

Aldermen also added a clause to the lease on Tuesday night that would allow the city to back out if the plans get too expensive.

But the city administrator says he has high hopes for the project, which he thinks will end up helping the city, too.

"Marinas are a little bit difficult to operate and to make money off of, at least to recover your costs. With a restaurant adjoining the marina, that makes it a little more attractive to boaters in the area," says Doug Maxeiner, the Moline city administrator.

The lease now goes before the full city council next week. 

The architect is also expected to be there with a construction timeline. 

Right now, the new Captain's Table is set to open at this time next year.

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