Galion City Council took another step Tuesday towards bringing a major hotel to the city.
Council passed legislation which sets a Tax Increment Financing (TIF) district that officials say would lead the way to a 70-bed Sleep Inn & MainStay Suites hotel project on three acres of now-vacant property on Brandt Road near state Route 598. The hotel is expected to offer both nightly and extended stay.
The upper mid-scale hotel brand is part of the Choice Hotels International chain, based in Rockville, Md., and is a new dual and prototype brand that the company launched a couple years ago. There are currently more than 30 under construction in the nation.
The project would cost $5.5 million and Galion Mayor Tom O’Leary reconfirmed that the project would not be paid for by the city.
“The money that is going to go into this is going to come from new taxes that are paid by the developer that we’re going to direct a portion of those to pay for this infrastructure,” he said.
Officials involved with the developers told the Inquirer last week that they hope to start construction in January.
O’Leary also told Council that the building owners of Hydraulic Technologies, LLC, (HTI), the business which announced in April that they would close at the end of the year, were interested in donating the building to the city.
“It has tremendous potential,” he said,
In other business, Council:
HEARD that revenue at the city pool at Heise Park increased from $29,570 to $31,232
APPROVED legislation that will allow property owners living outside city limits to ask for a water service extension, provided that the owners agree to be annexed into the city.
Inquirer reporter Brandon Klein contributed to this story