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$16M in new bonds will help fund the giant Spooky Nook project in Hamilton

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by Spooky Nook Sports on September 18, 2019

HAMILTON — One of the final pieces of funding for the Spooky Nook at Champion Mill indoor sports complex and convention center fell into place Tuesday morning.

The Butler County Port Authority agreed to issue up to $16 million in taxable bonds at the request of the lender, Cleveland-based Maumee River Capital, which is providing the loan for this portion of the project’s funding.

“It ends up being a guarantee, not a direct loan, so they’re guaranteeing the debt, the bonds on this, up to $13 million,” Brossart said.

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