Civic IQ
Tax Abatementapproved

town-of-alexandria-meeting-minutes-2025-02-24_b4a.pdf

Runestone Hospitality Group wins $457,837 Tax Abatement

$457,837Town of AlexandriaRUNESTONE HOSPITALITY GROUPFebruary 24, 2025

Trusted by teams at

Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

City Council authorizes a tax abatement not to exceed $457,837 over eight years to Runestone Hospitality Group, LLC for financing the construction of a Holiday Inn Express with indoor pool and conference space.

Contract Details

Contract Amount

$457,837

Vendor

RUNESTONE HOSPITALITY GROUP

Agency

Town of Alexandria, MN

Contract Type

Tax Abatement

Document Date

February 24, 2025

Contract Term

8 years

Bring us your territory.
We'll show you what is forming.

See live SLED buying signals, source docs, decision-makers, contract context, and the next step into your CRM or pipeline.

Try Civic IQ for free