This news story makes me smile. Shit it seems is going bad for the owners of the worst hotel ever. The article is mainly focused on that Indiana hotel those fucks bought but it does shed light on my old workplace too. Seems that Indiana hotel is in finical trouble and the city officials of Evansville are trying to get a hold of the owners.
Both the current owner of the Executive Inn and the future owner seem to be hidden behind a veil of secrecy. They don’t take phone calls at any of their offices and don’t return messages. Chicago businessman Noor Tejany has owned the Executive Inn for only two years, but the hotel is now facing serious financial problems.
Which should be no surprise to anyone who has dealt with these douche bags (or knows how they do business). Here is the bit that pertains to the worst hotel ever in South Beloit:
Further north in South Beloit, the Tejanys own and operate a Ramada Inn and that’s where a similar pattern of debts and past-due taxes show up.
The mayor of South Beloit says the city gave Tejany a $400,000 loan back in 2003 to fix up the Ramada Inn.
Officials there say the Tejanys haven’t made a payment on that loan since October and the mayor says his staff actually met with the owners yesterday to discuss their debt.
Then there are the taxes on that property. The Winnebago County Treasurer’s office tells 14 News that the owners didn’t pay their second 2007 property tax installment totaling a little more than $40,000. That past due amount was sent to the county’s tax sale where Chase Bank, the presumed mortgage holder on the property, purchased the tax debt.
All of this is good news to my ears. I only can hope that this troubled economy eats them up and spits them out. I will celebrate the day the worst hotel ever closes.
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