New plan for Albany hotel could save taxpayers money - WALB.com, South Georgia News, Weather, Sports

New plan for Albany hotel could save taxpayers money

ALBANY, GA (WALB) - Refinancing debt on the downtown Albany Hilton Garden Inn will save taxpayers money.

Tuesday night, commissioners approved a five year re-financing on what the city owes.

It could save the city at least $300,000 which can be spent on other needs.

" When you think of city government it's not a lot of money but it is a sum that could help supplement pot holes, street repair and things of that nature and help promote some of the common things citizens need,” said Tommie Postell , Albany Commissioner

The city contributed more than 4-million dollars to the hotel construction project more than 8 years ago.

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