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Niagara Falls’ banking arm to consider $250,000 grant for downtown hotel

NIAGARA FALLS – The city’s banking arm on Monday will consider awarding a $250,000 grant for a $12 million downtown hotel project.

The NFC Development Corp. is scheduled to vote on the award for Indian Ocean LLC, the company planning to open a Courtyard by Marriott hotel in the former Moore Business Forms at 900 Buffalo Ave.

The board is also scheduled to vote on $10,000 grants for The River Pub LLC and Mom’s Family Restaurant Inc.