Evansville Hotel vote postponed indefinitely - Tri-State News, Weather & Sports

Vote on Evansville downtown hotel postponed indefinitely

The seemingly-imminent vote on funding a downtown Convention Hotel Project in Evansville is on hold, for now.

Mayor Lloyd Winnecke has released a statement saying that his administration and the City Council have agreed to "engag[e] Crowe Horwath, LLP to answer final questions from Council related to the Downtown Convention Hotel Project.

Crowe Horwath is a third party consulting firm. It will now be their job to review the hotel financial plan and finances of the developer HCW.

The Mayor went on to say "We are confident Crowe Horwath will complete this work expeditiously."

The Mayor was scheduled to head Japan with a Hoosier delegation, but he announced yesterday he would be staying put for a "potential vote on the downtown hotel project." 

He told 14 News he was confident that, on Monday, there would be a majority vote, at least five votes, for the hotel project.

The Mayor has played a big role on the pro-side of the $74 million project. Opponents have been concerned about the city funding half the project $37.5 million worth.

Council Member John Friend had pushed for the review, and had requested to delay the vote by 30 days.
The Mayor told us, yesterday, "Councilman Friend is driving most of the questions regarding the hotel project and we're doing our best to answer those. Members of our administration have met with him, I believe, daily for the last several days trying to get those questions answered."
Now it looks like the vote will be postponed until the city Council has a chance to review the upcoming report from Crowe Horwath.
The Mayors office will be holding a press conference this afternoon to answer any questions about the announcement.

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