CONTRACTONGOING

Ramada Inn lakefront hotel supported by IDA lease

Geneva Housing Authority
Disclosed value
$8,366,000.00 (total project and benefited amount)
From report
Document date
Sep 30, 2022
Renews
Free account

The 30-second brief

What it covers

The Geneva Industrial Development Agency supports the Ramada Inn lakefront hotel through a lease project exceeding $8.3 million in value, delivering over $429,000 in property tax exemptions. The project includes substantial local PILOT obligations and is scheduled to continue assistance through 2026.

Who holds it

Ramada Inn holds this facilities contract with Geneva Housing Authority. Its other public contracts on record include work for Kimball School District 07-2 and City of Alpena.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every Geneva Housing Authority contract.

Renewal date on recordLocked

Know when this contract comes back up.

See the renewal date

Free account · 30-second setup · No credit card

Contract details

Contract type
Facilities
Amount
$8,366,000.00 (total project and benefited amount)
Document date
September 30, 2022
Term
IDA title taken 1/1/1997; financial assistance planned to end 2026
Renews
Free account
Source document
Geneva Industrial Development Agency Annual Report FY2022 (Report)

Ramada Inn's other public contracts

More Geneva Housing Authority contracts

Questions about this contract

Who was awarded the facilities contract by Geneva Housing Authority?

Ramada Inn was awarded this facilities contract by Geneva Housing Authority, as recorded on September 30, 2022. The contract value is $8,366,000.00 (total project and benefited amount).

How much is the Ramada Inn contract with Geneva Housing Authority worth?

The Ramada Inn contract with Geneva Housing Authority is valued at $8,366,000.00 (total project and benefited amount), covering facilities work.

What type of contract is this?

This is a Facilities contract, documented as a report record.

Where was this contract approved?

This contract appears in Geneva Industrial Development Agency Annual Report FY2022 (Report), dated September 30, 2022 from Geneva Housing Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

Show 2 more questions

What other contracts does Ramada Inn hold?

Ramada Inn may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Geneva Housing Authority currently buying?

Explore Geneva Housing Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

Work in government? Get Civic IQ free →