The Lord Jeffery Inn
I owe you a draft beer Mr Marx, payable on opening night spring, 2011 at the Boltwood Tavern--assuming the newly renovated Lord Jeff Inn keeps the concept of a low-key, relatively inexpensive pub as part of the fancy more expensive Inn with rooms and fine dining.
Okay maybe it's not the ultra ritzy $24-30 million renovation originally planned, but I'll take a lousy $14 million anytime (seven times the current assessed value). Just get her opened again!
In addition to bringing folks to the downtown the Inn will pay significantly more property taxes (currently $30,000) increasing by a factor of 5 or 6. And they will also pay the newly increased lodging tax and meals tax. All in all, a bonanza for the town tax coffers and a much needed shot in the arm for downtown economic development.
All hail the purple and white!