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City agrees to sell waterfront property for hotel

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WENATCHEE — The city has agreed to sign a letter of intent to sell waterfront property to a Bellingham man interested in building a boutique hotel.

The City Council voted here Thursday to give Mayor Frank Kuntz the go-ahead to negotiate a sale price with the potential buyer, Mike Keenan.

Keenan wants to begin building the Chrysalis Inn this spring. However, the property sale is not expected to close until the summer, after construction begins.

The city is still working to resolve some environmental issues stemming from oil leaks on the former public works site.

This letter of intent just makes sure both parties are on the same page,” Kuntz said.

 

Reach Michelle McNiel at 509-664-7152 or . Follow her on Twitter at @MichelMcNielWW.