Davenport City Council rejects $19M hotel project over completion doubts and tax incentives.

The Davenport City Council rejected a $19M project for a hotel and business building downtown due to concerns about project completion certainty and tax incentives. The developer, Pete Stopulos, had requested the city rebate 75% of the hotel-motel tax for ten years, then 50% for five more years. Despite the vote, Stopulos plans to revise the proposal and seek feedback to make it more acceptable.

November 27, 2024
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