7-12-19 county to disburse economic incentive loan funds for retlaw project

Fond du Lac County officials are excited about the completion of the Retlaw Hotel renovation project.  The Fond du Lac  County Finance committee got an update on the progress of the project at their meeting this week.   County Board chairman, Marty Farrell,  says the $1.15 million economic incentive loan approved earlier by the county board will be disbursed now that the renovation project is completed.  Farrell says the hotel is meeting their targets and their business plan is realistic.  Farrell says the hotel will have a broad economic impact.  “We’re glad to have supported this,”   Farrell told WFDL news.  “It was over a $20 million project so our contribution wasn’t that huge but still we wanted to help out if we could because this is a unique property  and it was becoming a white elephant and really a liability to downtown Fond du Lac and now it’s an asset for the whole region.”

Related Posts

Loading...