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Topeka Development Corporation approves 30‑day inspection extension for Hotel Topeka sale; employees, bookings discussed
Summary
Staff asked the board to extend the Hotel Topeka purchase agreement inspection period to May 15 so the buyer and county can finalize an agreement; the board approved the amendment 9–0 and left the June 14 closing date unchanged.
The Topeka Development Corporation board on April 14 approved a staff-requested amendment to extend the inspection period in the Hotel Topeka purchase agreement by 30 days, setting a new inspection deadline of May 15 while keeping the closing date at June 14.
Project manager Braxton Copley told the board the buyer, Endeavor Group, does not yet have a signed agreement with the county addressing rehabilitation and management of the Manor. "Without a signed agreement relative to the…
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