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Commission approves subordination resolution for Days Inn industrial revenue bonds
5493038 · July 22, 2025
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Summary
The city commission approved a resolution allowing a bank to assume taxable industrial revenue bonds for the Days Inn hotel after an ownership change; staff said the action creates no financial liability for the city.
The El Dorado City Commission approved a resolution authorizing subordination of taxable industrial revenue bond series A and B (2016) related to the Days Inn Hotel and Suites and approved termination and release of a guarantee agreement tied to those bonds.
Miss West Mayer, a city staff…
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