Thursday, January 25, 2018

DOWNTOWN KANSAS CITY CONVENTION HOTEL CASH INFLUX?!?!



Quick glimpse at "progress" for yet another Kansas City scheme that's big on promo without providing very many financial deeds . .

"$165 million in new private capital came in during financial closing. And 50 convention inquiries since closing announced. Groups want to bring their conventions to KC!"

Meanwhile, our blog community reminds us . . .

The hotel is already getting $35-Miilion from the General Fund (money that should go for public safety), and $130 Million in TIF diverted tax revenue (money that should go to City, School District, and other public purposes)

And so . . . Doing just a quick big of math here, it looks like City Hall might be counting KC-Taxpayers as "private" investors - Which is kinda sad since locals were DENIED a vote on the project.

You decide . . .

5 Comments:

Anonymous said...

If we’re going to get some conventions, we need a better class of whores. Getting a $50 whore off craigslist isn’t going to attract the best conventions. We should have some good whores in Kansas City, but not enough.

Anonymous said...

^^^ Yaaaaas!

Anonymous said...

What about backdoor.com?

Tired Taxpayer said...

Do political whores at City Hall not count?
Why not count whores at the Star who promote every thing Mike Burke or Sly want?

Anonymous said...

Is the NRA convention coming to town? We might need a fresh supply of guns for thugs so we can keep the murder rate climbing.