81 Room Hotel and Conference Center, offers large guest rooms, attached full service restaurant, conference and banquet facilities, and indoor pool. The property qualifies for City issued IRB. The acquisition and the cost of rehabbing and improving the hotel could be included in the IRB. The benefits from IRBs are a sales tax exemption on materials purchased for the property rehabilitation and the property would be eligible for up to 10 years property tax exemption on the entire value of the hotel. In addition to the IRB, the new owner could create a CID, proceeds may reimburse improvement.