“The owner stepped up and did the right thing,” he said.
Cromartie said the city had estimated demolition costs at more than $200,000.
Dayton Fire Chief Herbert Redden said there have been two fires this year at the vacant EconoLodge. The last one — in April — ran about $24,000 in costs to the fire department. One arrest was made in connection with that arson.
According to the county auditor’s website, Secured Income Fund purchased the EconoLodge in February 2011 for about $160,000.
In 2000, the hotel was bought for $1.25 million.
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