Hotel Deal Approved With Caveats | Birmingham News

City council approves a new 69-room Cobblestone Main Street Hotel with economic incentives for JSU Hotel Group LLC, despite Councilman Andy Green’s concerns over safeguarding taxpayer money. While he supports the project’s potential, Green pushed for stronger financial protections — like bonds or liens — to ensure the city can recover waived $75K in permit fees if the hotel fails to build. Though safeguards exist, he argued they’re insufficient. The deal passed unanimously after no public opposition, setting a precedent for future development deals to prioritize accountability alongside growth. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Sources:https://abc3340.com/news/local/new-hotel-promises-growth-in-jacksonville-but-75k-incentive-raises-taxpayer-question More coverage & latest updates:https://sources.thednn.ai/fe73f4a68f739c68 Report issues to [email protected].