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Watertown council conveys old City Hall for downtown 30‑room Air Stay hotel
Summary
The City Council approved a conveyance of the old City Hall property to the Watertown Development Company and a restricted sale to Air Stay Watertown LLC to build a 30‑room hotel; the buyer must demolish the existing building, complete construction in 24 months and secure a $300,000 bond.
The Watertown City Council approved conveying the former City Hall property to the Watertown Development Company and a restricted sale to Air Stay Watertown LLC for construction of a 30‑room hotel on the downtown site.
Council approval matters because the agreement transfers a publicly owned building into a privately developed, tax‑paying property while imposing performance requirements intended to safeguard the city if the project does not proceed.
Mayor Hollien told the council the city had declared the building surplus on Feb. 3 and had explored multiple options before developers proposed a hotel. The contract drafted by City Attorney Lisa Carrico specifies that…
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