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Monona moving forward with hotel/motel feasibility study

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Submitted by admin on Tue, 02/07/2017 - 14:24

By Audrey Posten, North Iowa Times Editor

The city of Monona is moving forward with a hotel/motel feasibility study. The council, at its Feb. 6 meeting, unanimously approved utilizing Hotel R&D, LLC, to conduct the study.

The first phase of the study will cost $1,500, said city administrator Dan Canton. If the results seem promising, the second phase of the study could proceed, at an additional cost of $1,500. If the results are not favorable, it would not continue.

The city will bear no cost for the first phase. It will be completely covered by $500 contributions from Black Hills Energy, ITC and, most recently, Alliant Energy.

Canton said he will contact Hotel R&D, LLC, this week to give the go-ahead for the study. The city should learn the results of the first phase in two to three months, he noted.

The council began considering having a hotel/motel feasibility study conducted for Monona early this past summer, upon the encouragement of a representative from Cobblestone Inn and Suites. Council members were leery to pull the trigger, however, due to study costs. Since that time, they’ve sought funding sources to cover the initial fee.

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