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Rockford City Council Delays Vote On Amerock Renovation To April 10

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City of Rockford
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Plans to convert a downtown Rockford building into a hotel and conference center were delayed by two weeks. 

The city council is working on a deal with Gorman & Company that would renovate the former Amerock building by Davis Park.  Alderman were slated to approve the proposal Monday.  However, the Rockford Register-Star reports there were lingering concerns about the arrangement.  

These include how the city would finance the $13 million conference center using its Redevelopment Fund, as well as how Gorman would keep hotel tax revenue for the conference center through 2040.  Some of these issues were addressed in a series of 10 amendments to the $64 million deal.  However, aldermen voted to delay the full vote until April 10.