New hotel for Monticello Commissioners approve tax abatement for new building

By Brenda Erdahl

Wright County Commissioners approved a request, Tuesday, August 20 at their regular board meeting, for a property tax abatement on a piece of land in Monticello that will soon be home to a new, 98-room hotel with restaurant and indoor pool.

The Monticello Hospitality Group, LLC requested a tax abatement of just over $400,000. Commissioners approved an amount up to $375,000 of county taxes to be abated over a 10-year period.

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