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Commission agrees to join negotiations for Kalamazoo County Event Center assessment authority
Summary
The commission voted to participate in negotiations to create a Kalamazoo County Event Center Assessment District Authority that would manage assessment revenue from a hotel assessment passed by hoteliers; Discover Kalamazoo representatives explained revenue and operating projections.
The Kalamazoo City Commission voted July 7 to participate in negotiations to form a Kalamazoo County Event Center Assessment District Authority, a joint city–county body proposed to manage assessment revenue from a hotel assessment that voters in the hotel sector approved.
Jane Ghosh of Discover Kalamazoo told the commission the financing mechanism is built on the Event Center Financing Act and that the assessment revenue…
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