With no response from Hunt Properties concerning the hotel project breach, City of Henderson has pursued closure of a TIF agreement for the project created May 10, 2024.
The City originally notified David Hunt of Hunt Properties of the breach by written communication in March of this year. In the most recent letter, dated April 27, 2026, Hunt was notified that the Industrial Development Board elected to terminate the Project Agreement and the Economic Impact Plan for the Henderson West Main Street Hotel Plan Area, effective immediately.
Termination of the TIF agreement eliminates the possiblility of future benefits of the Tax Increment Financing and has no effect on ownership of the property.
