Kunkel to take over project under same terms as approved for Woodruff
In a move that was first reported by the City County Observer yesterday, the City of Evansville has finally come clean with the announcement that The Kunkel Group will assume the contract that the Evansville Redevelopment Commission has with Woodruff Hospitality. Under the original agreement the City of Evansville offered Woodruff Hospitality an incentive package worth at least $12.8 Million to construct a 220 room hotel on the site of the old Executive Inn parking garage.
The actual contract between Woodruff and the ERC has not been released to the public but the framework for an eventual agreement was approved in the January 4, 2011 meeting of the ERC. The following link is to the minutes of the ERC meeting in which the terms of the agreement were disclosed.
“Atrocious”…
Uhhh, we need somebody to get our “no comment”, “leadership” to comment on where the COIT pledge stands.
So lets begin to connect the dots between the mayors office, the arena project, the Kunkel Group, the ERC, Guage, front door pride, etc…..I see a consulting job in the mayors future, probably something to do with money management/investments. LOL!
Very glad to hear this. Hope the Kunkel Group works with the existing building. They do some really good things for E ville!
The Weinzapfel Kunkel connection raises its ugly head again.
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