City Mulls Aid for Downtown ; Tax Package Could Assist Developers.

Summary


John Ott, one of the owners of the historic Tiger Hotel building, said he thinks the structure's best use is that for which it was created: a hotel.

At last night's Columbia City Council work session, Ott told council members he and his partners want to redevelop the building at 23 S. Eighth St. as such, but they need the city's help.

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Extract


City Mulls Aid for Downtown ; Tax Package Could Assist Developers.

"Without it, who knows?" Ott said. "We will probably have to sell the building."

Ott asked council members to consider establishing a "tax- increment financing" plan, or TIF, to help br...

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