city-of-alexander-meeting-minutes-2025-02-24_73f.pdf
Runestone Hospitality gets tax break for Holiday Inn
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Description
The City Council approves a tax abatement of up to $457,837 for Runestone Hospitality Group, LLC over a maximum of 8 years to assist in financing the construction of a Holiday Inn Express.
Contract Details
Contract Amount
$457,837
Vendor
RUNESTONE HOSPITALITY GROUP
Agency
City of Alexander, AR
Contract Type
Tax Abatement
Document Date
February 24, 2025
Contract Term
8 years
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