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DeWitt County Board allocates $30,000 for hotel feasibility studies
Summary
The board approved a $30,000 allocation from the Economic Development Fund to DCDC to commission two hotel feasibility studies after hearing that two investor groups have expressed interest; Curt Homann briefed the board.
The DeWitt County Board voted April 23 to allocate $30,000 from the Economic Development Fund to DCDC to pay for two hotel feasibility studies. The motion, made by Commissioner Tilley and seconded by Commissioner Myers, carried on a recorded aye vote.
During discussion Curt Homann told the board there are two investor groups interested in building hotels in the area; the studies will assess market demand, estimated number of rooms, and feasibility. Commissioners did not expand on the scope details at the meeting; the motion passed with the full 'Aye' list read aloud.
The county minutes show the funding is intended to cover studies only; the record does not specify which hotels or investors are under consideration or when the studies will begin.
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