Summary
The city wiped out $2.6 million in remaining Northland loan obligations and ended the 2014 development agreement as part of the hotel's sale, taking back $1 million through the parking agreement assignment. The closed session and 11-1 vote drew public comment.
At a glance
- Total mentions
- 1
- Last 30 days
- 0
Last discussed Jul 21, 2026.
Impact analysis
The city forgoes $2.6 million in loan repayments but receives $1 million from sale proceeds.
The hotel's new ownership gets a clean slate to move the project forward.
The city gives up its $2.6 million claim on the sale proceeds.
Mentions & discussions (2)
Common Council - Jul 21, 2026
The city wiped out $2.6 million in remaining Northland loan obligations and ended the 2014 development agreement as part of the hotel's sale, taking back $1 million through the parking agreement assignment. The closed session and 11-1 vote drew public comment.
Hotel Northland to be sold after Green Bay Council waives loan
Hotel Northland to be sold after Green Bay Council waives loan Green Bay Press-Gazette
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