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Old Posted Sep 8, 2005, 6:30 PM
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colemonkee colemonkee is offline
Ridin' into the sunset
 
Join Date: Nov 2004
Location: Los Angeles
Posts: 9,102
I think it's a huge win for the city if the Convention Center can book enough business to get back into the black. That would save the city's general fund $10 million per year, which after 10 years would make up for $100 million of the subsidy. Not to mention the money the city would make from sales tax from the rest of the development. I'm feeling more and more confident that this will be passed by the council.
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