In an effort to help the city’s flagging hotel industry, Merriam is considering setting aside up to $1 million that would pay for grants the city’s four hotels could use to refurbish their properties. The move, city officials say, would have the double impact of reducing blight at the four prominent hotel properties along Interstate 35 and also, ultimately, lead to more tax revenue for the city if hotel usage picks up as a result. City staff last month laid out a proposal to offer the hotels reimbursable grants with a 50% required match by the hotel, and a minimum $10,000 investment, according to city documents.
Source: Prairie Village Post
