TKC EXCLUSIVE!!! THE PROPOSED KANSAS CITY DOWNTOWN HOTEL IS ALREADY RUNNING OUT OF CASH!!!

There's yet another report of Downtown Hotel Drama from one of the most well-informed and KICKASS TKC TIPSTERS!!!

Seriously, this local political watcher is way more connected and skeptical of the venture than anybody at the so-called paper-of-record.

Check it:

"A resolution was introduced by the (Downtown Hotel) committee to be sent to the City Council in order to continue studying the hotel plan. Part of the resolution that was deleted was a section to authorizing the city council to spend $250,000 for an option on the P&L site property for 12 to 18 months. This resolution was hotly discussed because this was the first anyone heard about it. This might show up in transportation & infrastructure or before the whole city council. They sent something to the city council to continue, they only have $150,000 left of the $500,000."

That's right:

THE KANSAS CITY DOWNTOWN HOTEL IDEA IS ALREADY RUNNING OUT OF MONEY!!!

Read a great round-up of what's currently going on in this situation from BlogKC . . . And realize that yet again just about every person involved in their neighborhood stands against this while Developers, once again, try to ram it home.