Conroe is facing a potential $170 million bill for a hotel that's reportedly worth much less than that. A new report is questioning the deal, and it could seriously drain the city's bank account.
At a glance
Declining — being discussed less frequently. 0 mentions in the last 30 days, 1 the 60 before.
Your tax dollars could be on the line for a bad hotel deal, potentially costing millions!
The developers who got this questionable deal are the ones who stand to gain, while taxpayers might be left holding the bag.
Conroe taxpayers are at risk of footing the bill for a potentially overvalued project.
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Conroe owes $170 million for hotel valued at less than $25 million, real estate firm says in report Houston Chronicle
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