The Clinton Herald, Clinton, Iowa

Local News

July 10, 2014

Leaders support loan for improvements to city's hotel

FULTON, Ill. — As activation of the Thomson Correctional Center in Thomson, Illinois, continues to gain momentum, local communities are preparing for the influx of residents and visitors they have been promised for more than 12 years.

One way the city of Fulton is doing that is by supporting necessary upgrades and improvements to their one and only lodging facility, the Comfort Inn and Suites.

That support came in the form of a $75,000 loan extension to the hotel’s management company, Swift Hospitality Group, and two local investors that the council approved on Monday.

Approval on the loan extension was the product of City Administrator Ed Cannon and Second Ward Alderman Dan Nederhoff’s recommendation that the city do something to aid in the hotel’s improvement because of the benefits it will present to the city when people start to arrive at the Thomson prison.

“The Bureau of Prisons’ recommendations as far as room occupancy once the prison is up and running (is) 250 overnight visitors a day related to that prison,” Cannon said. “And, Swift Hospitality feels that Comfort Inn and Suites would be the first hotel fit based on its location, its name brand and the access of where people like to go to get to the prison, until other hotels are in place.”

Before issuing the recommendation however, Nederhoff wanted to ensure Swift Hospitality, Fulton Comfort Inn and Suites management company, and two local investors were willing to commit to the city a guarantee of repayment.

To do so, he, and Cannon met last week with three members of Swift Hospitality along with the two local investors to discuss the details of the request.

What they finalized includes the $75,000 addition to two other loans the city has provided to the hotel in its 10-year existence, bringing the total loan amount to $248,692; a reduction in the interest rate of the loan to one percent for three years; and a balloon payment of $25,000 that Fulton Lodging LLC will pay at the end of three years.

Text Only
Local News
  • Airport Photo 1 Construction pushed back

    CLINTON — Weather-related setbacks have pushed completion of the Clinton Municipal Airport renovation to late August at the earliest. Construction originally was slated to be completed in March, airport manager Mike Nass said.“It’s been a wet spring

    July 23, 2014 2 Photos

  • Mayor walks out on closed sessions CLINTON — Citing recent legal woes endured by the Clinton City Council, Mayor Mark Vulich stepped away from two separate closed session discussions on Tuesday’s agenda.“Because of previous legal matters, I will not be participating,” Vulich said. The

    July 23, 2014

  • Fulton Chamber's future funding source still unclear FULTON, Ill. — Questions still linger around the future of the Fulton Chamber of Commerce despite a three-year funding allocation and a partnership with the city of Fulton.During a City Council meeting Monday, the council voted to approve a recommend

    July 23, 2014

  • At the pool Summer heat may be temporary (wtih VIDEO)

    CLINTON — Just two days past the mid-point of summer, Clinton recorded its first 90 degree day of the season.Though it's not a very common summer trend in the Clinton area, there have actually been several July months over the years that never even r

    July 23, 2014 1 Photo

  • Shooting investigation continues CLINTON — An investigation continues in the weekend shooting of a 22-year-old woman.Clinton Police Capt. Bill Greenwalt confirmed Monday that police are not considering the shooting to be accidental. He said that Ciara Donley, 22, was walking between

    July 23, 2014

  • Police search for suspects in boat thefts CLINTON — Clinton police are asking for the public’s help in identifying the person or the people who stole two boats and damaged another boat approximately a week ago in the Clinton Marina area.Clinton Police Capt. Bill Greenwalt confirmed that two

    July 23, 2014

  • County to assist with road project CLINTON — Clinton County will apply for federal funds to assist the city of Low Moor with a road project.County Engineer Todd Kinney said Monday during the Board of Supervisors meeting that a road rehabilitation is needed on the first quarter mile or

    July 23, 2014

  • Northeast 1 Work continues on STEM wing (with VIDEOS)

    GOOSE LAKE — Rising out of the school grounds, the construction of a new athletic center and science wing continues at Northeast Middle/High School in Goose Lake.School administration and the board of education toured the construction site Thursday n

    July 22, 2014 2 Photos

  • Second arbitration filing

    AFSCME union is the second this summer to file for arbitration against Clinton.

    July 21, 2014

  • Fire causes Vitale's closure

    Vitale's restaurant closed this afternoon, according to the business's Facebook page, citing a small fire for the cause of the closing.

    July 21, 2014


Clinton Herald photos

Browse, buy and submit pictures with our photo site.