Evansville Economic Development Commission (EEDC) votes to support Bonding for New Hotel Subsidy

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Downtown Hotel Project Moves another Step Forward in the Process

“Today, the Evansville Economic Development Commission (EEDC) voted unanimously in favor of a resolution that moves the proposed Downtown Convention Hotel Project forward and makes it possible for the Evansville City Council to consider an ordinance approving economic development revenue bonds to finance the project at the Council’s Sept. 9 meeting. The EEDC is responsible for determining whether a proposed project will be of benefit to the health or general welfare of the city, according to Indiana code (IC 36-7-12-24), and reviews projects for possible detrimental effects. The EEDC Resolution and Report relating to the economic impact of the project is a necessary legal step prior to Council action to approve the issuance of bonds. Today’s vote confirms the city’s belief that the project will have a positive, tangible impact on the Downtown area. It’s a major project with significant private and public investments that will be transformational for our community.”

Lloyd Winnecke,

Mayor City of Evansville

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1 COMMENT

  1. The Evansville Economic Development Commission consists of 5 members. Three are appointed by the mayor, one by the city council, and one by the county council.

    The Evansville Economic Development Loan Committee, a separate body than the above stated commission, consists of 8 members. Seven are appointed by the mayor and 1 by the city council.

    Are you beginning to get the picture here about the fawning approval for the proposed convention hotel by these two organizations?

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