EDC votes to approve TIF-backed financing for Heritage Hub hotel
The Pendleton Economic Development Commission unanimously approved Resolution 2026-01 to authorize bond, loan and trust indenture documents for the Heritage Hub hotel project, noting the debt service will be paid from tax-increment revenues tied to the project.
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The Pendleton Economic Development Commission voted unanimously to approve Resolution 2026-01, authorizing the form of a trust indenture, a loan agreement and a bond ordinance to support financing for the Heritage Hub hotel project.
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