1-19-17 retlaw hotel renovation project-county assistance

Fond du Lac County officials are being asked to consider an economic incentive package to help with the downtown Fond du lac Retlaw Hotel renovation project.    County executive Al Buechel says the county board will meet with hotel representatives in closed session next week.  Buechel says he thinks an economic incentive such as a low interest loan is appropriate given the hotel’s impact to the downtown. “Its very important for the city of Fond du Lac,”  Buechel told WFDL news.  “What this will do to re-energize and reinvigorate the downtown is going to be tremendous.”  Frantz Community Investors purchased the hotel last summer in an online auction.  The firm approached the city last fall to discuss possible financial assistance with a tax incremental district.   Hotel manager Dennis Ducette says construction on the nearly $24 million project is expected to get underway this spring with plans to open the renovated hotel sometime this year.

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