Council Debates Incentive Terms for SHG Hotel

During deliberations on an economic incentive agreement for a hotel at 1440 Higgins Road, Park Ridge officials discussed revised incentive requests from SHG, the hotel developer. Staff proposed a counter-incentive package focused on sharing future monetary benefits rather than upfront subsidies.

Document date · December 9, 2019

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Scope & details

The full contract record, as filed.

Contract type

OTHER

Document type

Minutes

Source document

park-ridge-city-council-committee-of-the-whole-meeting-minutes-december-9-2019_fb5.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by Town of Ridge?

SHG was awarded this government contract by Town of Ridge, as recorded on December 9, 2019.

What type of contract is this?

This is a government contract, documented as a minutes record.

Where was this contract approved?

This contract appears in park-ridge-city-council-committee-of-the-whole-meeting-minutes-december-9-2019_fb5.pdf (Minutes), dated December 9, 2019 from Town of Ridge. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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