City staff is proposing that New Port Richey gift the deed to the Hacienda Hotel to its potential developer after the developer expands and rehabilitates the shuttered landmark.
The proposal is offered in a draft written agreement that outlines the terms and conditions staff would like to see in a deal to convert the downtown building into a modern hotel.
In late October, the city sent the proposed agreement to Community Development Partners, the developer the city has been discussing the building’s redevelopment with for years.
City staff were waiting to hear back from the Georgia-based company on the proposal as of Tuesday, Nov. 8.
“We’re trying to flush out just how serious they are,” said City Manager John Schneiger
Source: Patch.com
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