City of Owensboro, Daviess Fiscal Court make hotel bid

The city of Owensboro and Daviess Fiscal Court have submitted a formal offer to Marshall Investments to purchase the Executive Inn Rivermont.

The offer was made last week by the two government bodies, but details of the offer including the proposed purchase price won’t be released, said Downtown Development Director Fred Reeves.

The announcement came after a closed-door meeting of the city commission and fiscal court Friday morning in which elected officials decided Reeves will be the point person in the drive to secure ownership of the 17-acre riverfront plot that contains the closed 600-room hotel.

Reeves said he had heard nothing from Marshall since the offer was submitted, but hoped to hear back early next week. There was no deadline attached to the offer, Reeves said.

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