Public share of planned Evansville hotel cut $6 million

By: The Associated Press. Email
By: The Associated Press. Email

EVANSVILLE, Ind. Evansville's mayor says the public's share of financing a downtown convention hotel is being cut by $6 million in response to city council members' opposition to the project.

Six of Evansville's nine city council members had declared their opposition to the original $37.5 million public financing, calling it too large of a subsidy.

Mayor Lloyd Winnecke said Friday the public's share is being trimmed by $6 million to $31.5 million in hopes of swaying some council members to support the project.

The Evansville Courier & Press reports the council is scheduled to vote Monday on public financing for the now $70.3 million project planned by developer HCW.

Backers say the 12-story hotel is crucial to restoring the city's convention traffic four years after another downtown hotel closed.

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