Spencer, IA (Northwestiowanow.com) — Last week the city of Spencer’s retail recruiter cited at least a dozen possible leads he’s chasing. The city council is anxious to get new businesses – especially a hotel – at the North Y where they have purchased and developed lots, but Kyle Cofer said most businesses are interested in either downtown or the South end.

Cofer said a hotel developer is interested enough in Spencer to be considering locations but will also probably ask for some local investment. Councilman Tom Nelson asked for further clarification.

Cofer says the hotel developer is from Iowa and has locations in markets the size of Spencer.