TOPEKA (KSNT) - City leaders are set to vote on a resolution to send nearly $170,000 to the Hotel Topeka this month. The Topeka City Council is due to meet on Tuesday, April 15 to discuss several topics, including a resolution introduced by City Manager Robert Perez to clear the use of an additio nal $168,000 for the Hotel Topeka at City Center. This cash would go towards the continued operation and maintenance of the hotel. The Topeka Development Corporation (TDC) received the request for additional cash from the hotel management company. The additional cash for the hotel would come from the city's General Fund. The City of Topeka purchased the hotel in October 2023 at a cost of $7.6 million. The TDC was created by the Topeka City Council as a not-for-profit corporation to hold the title of the hotel and contract with a management company to oversee the day-to-day operations of the building. Appraisal value drops $4.2 million for Heartland Motorsports Park in Topeka The Hotel Topeka was described as a ‘distressed asset‘ in 2024, with costs nearing $10 million in October 2024 after the approval of an additional $201,000 for the structure. Topeka leaders were informed late last year the hotel would see a nearly $900,000 net operating loss in 2025. For more local news, click here. Keep up with the latest breaking news in northeast Kansas by downloading our mobile app and by signing up for our news email alerts. Sign up for our Storm Track Weather app by clicking here. Follow Matthew Self on X (Twitter): https://twitter.com/MatthewLeoSelf ...read more read less