Runestone Hospitality Group wins $457,837 Tax Abatement
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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
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