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Prospective Hotel Owners Asking for Loan from Canton

CANTON, Ohio (News Talk 1480 WHBC) – The owners of the Hall of Fame Village are asking for a $3.5 million low-interest loan from the city of Canton in order to assist in their purchase and renovation of the downtown McKinley Grand Hotel.

City council is considering the request.

Deputy Mayor Fonda Williams tells WHBC News that having a first-class downtown hotel is very important to the city.

Money would be paid out of Comprehensive Plan Funds.

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