Downtown Hotel Project Moves another Step Forward in the Process

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Evansville Mayor Lloyd Winnecke
Evansville Mayor Lloyd Winnecke

“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.”

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5 COMMENTS

  1. The gang of cronies and clowns has spoken so it must be a good deal for a few just not for the many!!!!!

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