NorthIowaToday.com

Founded in 2010

News & Entertainment for Mason City, Clear Lake & the Entire North Iowa Region

STATEMENT ON RENAISSANCE PROJECT FROM CANDIDATE MATT MARQUARDT

Matt Marquardt

Last night our city council FIRED the hotel developer in the Renaissance Project – Gatehouse. Council point-blank stated that our taxes WOULD GO UP if Gatehouse was involved – this was not disclosed prior to the November 7 election – but some of us suspected as much. They instead went BACK to the hotel developer they FIRED this spring – G8 – who is SUING the City at this time – even though THEY missed crucial deadlines. I have had serious doubts about this project since its inception. I do stand by my promise to try to support the project moving forward if I am elected. BUT – at some point, this needs to be a viable, trustworthy investment of TAXPAYER BACKED General Obligation bonds… or we will have to move on to something else.

Matt Marquardt

0 0 votes
Article Rating
Subscribe
Notify of
guest

8 Comments
Newest
Oldest Most Voted
Inline Feedbacks
View all comments

Even more news:

Watercooler
Copyright 2024 – Internet Marketing Pros. of Iowa, Inc.
8
0
Would love your thoughts, please comment.x
()
x