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St. Joseph council backs $60 million bond intent for two-hotel project and large convention center
Summary
The St. Joseph City Council voted to approve a resolution of official intent supporting roughly $60 million in industrial development revenue bonds to assist STJ Hotel Group’s proposal for two branded hotels and a convention center; council recorded a 7–0–1 tally (one abstention).
The St. Joseph City Council voted to approve a resolution of official intent to support the issuance of taxable industrial development revenue bonds in a principal amount of about $60,000,000 to benefit STJ Hotel Group and its proposed two-hotel, conference-center project.
The proposal presented by Steve Craig of STJ Hotel Group would place a Hilton-branded property — called the Rubadoux House at DoubleTree standards — and a Marriott Spring Hill Suites on an assembled site near the university and hospital. Craig told the council the combined project would include 253 guest rooms and "about a 30,000-plus square foot" conference or convention…
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