May 22. 2012 7:00AM - Last modified: May 22. 2012 7:26AM

OSHKOSH - City staff recommends $3 million in TIF assistance for hotel renovation

  
The Oshkosh Common Council on Tuesday will consider providing $3 million in public assistance for the renovation of the former City Center Hotel.

The proposed assistance would help the hotel developers secure bank financing for the balance of the estimated $14 million acquisition and renovation of the property at 1 N. Main St. and help reduce projected operating losses in the hotel's first two years of operation, according to the project plan developed by city planners.

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