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July 30, 2010

Oregon town makes loan to help resort remodel, buys old armory

  • Cottage Grove will pay $395,000 for the armory, well below the $760,000 asking price. A loan will help upgrade Village Green Resort.
  • By GREG BOLT
    The Register-Guard

    COTTAGE GROVE, Ore. — Two community institutions got some help this week when city councilors voted to back a loan to the Village Green Resort and buy the city's historic armory building.

    The votes could breathe new life into both establishments. The loan will allow the resort to begin a major upgrade aimed at boosting occupancy and bringing more visitors to town. Purchase of the former Oregon National Guard armory would put one of the city's most venerable buildings into local hands.


     
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