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Committee debates possible incentives for proposed convention center, leaves options open for RFP
Summary
EDIC discussed whether to permit tax increment financing or other public incentives to support private development—especially a hotel—adjacent to a publicly owned convention center; committee favored keeping the request for proposals open‑ended and exploring options on a site‑by‑site basis.
Committee members discussed incentives the city might consider to attract a hotel or related private development tied to a planned city‑owned convention center. The committee did not make a final decision but directed that incentive options be left open in early RFP work.
Jim Gilmore and other staff framed the question for the committee: if the city builds a convention center that is publicly owned and exempt from property tax, should the city create a larger TIF district or otherwise offer incentives to encourage private…
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