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City Council funds $2.7M for reserve toward hotel project
City Council approved $2.7 million in requests to keep a reserve for the downtown hotel and convention center. Morton said the project could total up to $16 million in hotel motel funding by early 2019 and that the city would not assume revenue from overnight stays as oil bust recovery continues. Two votes approved allocations for the budget, despite initial opposition over the cap, with a second vote passing 4-1 after some defections.
MENTIONED IN THIS ARTICLE
Morton
Graff
Filiberto Gonzales
Hamilton