HOTEL PATTEE: Doors Close, Bank Takes Over

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The historic Hotel Pattee in Perry has unexpectedly closed.

The doors are locked and a sign is on the door for any unknowing guests.

Perry city manager Butch Niebuhr says the Perry Economic Development Group says the bank that owns the note on the hotel took control Wednesday and shut down the hotel. The group is working with Raccoon Valley Bank to get ownership of the hotel.

Once that happens, the city will find an interim company to manage the hotel.

Niebuhr hopes to do that in the next week to get workers back on the job. Then the city will look for a new owner.

“It’s one step backward…we always seem to take two steps forward and one step backward and we’re taking a step backward with this but hopefully will take a giant step forward with a new owner coming in…hopefully,” says Niebuhr.

Niebuhr knows of three or four potential buyers. He’s hoping those buyers will take on the hotel in the next 30 to 90 days.

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