Isn’t it a done deal?
No, a building project can’t proceed without funding. Metro Council has not approved funding, so the project can’t move forward at this time.
Why are we still in the talking stage about a project that has been in the works for three years?
The proposed convention center needs new evaluation because what was true three years ago may not still be true today. Many factors, including tight economic times and the declining tourism industry, have changed dramatically during that time.
Won’t the convention center pay for itself?
That is one of the biggest myths surrounding the proposed project. In fact, Metro Council will be asked to sign a General Fund pledge to cover any deficits — regardless of how large they may be. That’s like asking Metro taxpayers to sign a blank check.