When the Radisson Plaza Hotel & Suites won a tax appeal, Kalamazoo’s Downtown Development Authority became responsible for paying back more than $1 million to the hotel’s owners, Catalyst Development Co. LLC. The DDA will pay back $300,000 up front and the Kalamazoo County treasurer's office will use the delinquent revolving tax fund to pay the rest, MLive reports. The DDA will repay the county over a number of years.
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Source: MLive.com
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