This is not an investment in the city; it is corporate welfare to a billionaire. Investments by the city should be for public goods, not for the private good. Having the taxpayers subsidize 20% of the cost of a hotel (for the nth time) in the lowest wage employment category is beyond ridiculous. In fact, it is damn near criminal.
The tourism / hotel industry downtown is a minor portion of the total
The wage earnings (2004, US Bureau of Economic Analysis) for the category "Accommodations and Food Service was $846,174,000, which equates to 2.4% of the total earnings in
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