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Council to amend ordinance for $150,000 hotel‑motel–funded purchase of former bank property for tourism use
5074565 · June 26, 2025
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Summary
Lincoln City officials will ask the council to amend a previously approved ordinance to specify the purchase price of a former bank property at $150,000 and to authorize hotel‑motel tax funds to pay for the acquisition in two payments across fiscal years.
Lincoln City officials will ask the council to amend a previously approved ordinance to specify the purchase price of a former bank property at $150,000 and to authorize the use of hotel‑motel tax funds to pay for the acquisition in two payments across fiscal years.
City legal counsel explained that past city…
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