city-of-clarksburg-council-meeting-minutes-september-4-2025_373.pdf
Reimbursement Resolution Supports AP Development Waldo Project
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Description
Council approved a reimbursement resolution allowing AP Development LLC to be repaid for Waldo Hotel redevelopment costs from up to $7,000,000 in future Tax Increment Revenue obligations. The measure supports financing of the historic property’s redevelopment.
Contract Details
Contract Amount
Not to exceed $7,000,000 (reimbursement from TIF obligations)
Vendor
AP DEVELOPMENT LLC
Agency
City of Clarksburg, WV
Contract Type
OTHER
Document Date
September 4, 2025
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