Monee Board Rejects “Up Front” Cash Requests from Hotel Developer
Village of Monee Board Meeting | September 10, 2025
Article Summary: The Monee Village Board reached a consensus to reject new terms proposed by the developer of the Quality Inn and Super 8 hotels, who requested significant upfront payments and exclusivity clauses. The developer sought $245,000 in immediate funding and a five-year waiver on paybacks.
Hotel Redevelopment Negotiations Key Points:
-
Developer Requests: Sai Corporation (Ms. Patel) requested $245,000 up front out of a proposed $350,000 incentive for both hotels.
-
Exclusivity Clause: The developer asked the Village to waive any payback requirements if another hotel is allowed to open in Monee.
-
Payback Waiver: A request was made to waive any payback for five years.
-
Board Consensus: After a lengthy discussion, the board consensus was “No” to these additional requests.
The Monee Village Board on Wednesday, September 10, 2025, pushed back against new demands from a local hotel developer regarding incentives for the Quality Inn and Super 8 properties.
During the Attorney’s Report, Village Attorney Larry Gryczewski provided an update on negotiations with Sai Corporation, doing business as Quality Inn and Super 8. According to Gryczewski, conversations with the developer’s attorneys revealed significant new requests regarding the proposed Redevelopment Agreements.
Gryczewski reported that the owner, Ms. Patel, requested that the Village provide $245,000 of the total $350,000 incentive “up front” for both hotel properties. Additionally, the developer sought a clause that would waive any requirement to pay back the funds if the Village allowed another hotel to open within municipal limits. The developer also requested a general waiver of any payback for five years.
Following the attorney’s update, the board engaged in a lengthy discussion regarding the requests. According to the meeting minutes, the clear consensus among the trustees was to reject these terms. No formal vote was taken on the agreements, as they remain under negotiation, but the board’s direction was to deny the new stipulations.
Monee Events
Latest News Stories
Meeting Summary and Briefs: Village of Monee Board for October 22, 2025
Meeting Summary and Briefs: Crete-Monee School District 201-U for October 21, 2025
Meeting Summary and Briefs: Monee Township Board for Sept. 2025
Will County Health Department Pleads for $1 Million to Avert ‘Weakened Public Health System’
Monee Pushes Forward with Infrastructure and Economic Development Projects
Board Authorizes Legal Intervention in Property Tax Proceedings
Will County Committee Grapples with $8.9 Million Budget Gap After Contentious 0% Tax Levy Vote
Monee Board Approves Variance for New Residents’ Garage
District Approves Over $2.1 Million in Construction Payments; Monitors Middle School Project
Monee Township Sets Truth in Taxation Hearing for November
Monee Honors Marie LeFevre-Bailly with Park Statue Dedication
Crete-Monee Board Moves to Re-Bid Monee Education Center Following Interest