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Mayor touts convention center expansion and Trades District growth amid tighter revenue outlook
Summary
Mayor Carrie Thompson said the convention center expansion and Trades District projects will bring outside spending and jobs, while warning that SEA1 will tighten municipal revenues and bonding capacity, requiring a prioritized capital program.
Mayor Carrie Thompson told the Bloomington Common Council that major economic projects and a clearer capital plan will help the city grow while responding to a constrained fiscal environment.
Thompson said the convention center expansion at Third and College is expected to bring "millions of dollars in new spending from outside Bloomington each year" and that the Trades District is attracting employers and projects, including a new hotel that closed…
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