Posted November 09, 2016 11:11am
(KNZA)--Plans to bring new life to a Hiawatha motel move forward.
Following a hearing Monday evening drawing no public comment, the Hiawatha City Commission approved a resolution authorizing the issuance of up to $1.5 million in industrial revenue bonds for BARK Hospitality, L.L.C. to purchase and renovate the Hiawatha Lodge and Gateway Inn on South First Street.
Mayor Steffen Shamburg says the Lincoln-Nebraska based company has done alot of studies and feels there is a need for additional motel rooms in the community.
Shamburg says the city didn’t recruit the company, and is excited about the interest in the property.
He noted issuance of the bonds will not financially obligate the city.
The new rejuvenated motel is to carry a nationally recognized hotel/motel name.