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Funds Approved To Assist The Lodge At Chautauqua Lake | News, Sports, Jobs

A new development in the Mayville area is getting some financial assistance. During the Chautauqua Region Economic Development Corporation, board members approved an agreement with Webb Hospitality Group, LLC. The agreement permits $450,000 from a Community Development Block Grant be used to support The Lodge at Chautauqua Lake. The money will be used to assist Webb’s in the funding of fixtures, furnishings and equipment with the development of a restaurant and bar, pool and fitness center, meeting rooms and other amenities. According to the agreement, $217,000 would be a term loan, $217,000 would be a deferred loan, and up to $16,000 would be used for program delivery and administrative costs.

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