Questions for Prop 1 on May 9

Before I start, Prop 2 is so ridiculous, just vote no for that.

On Prop 1, I’ll vote no on that too because I want the hotel, but I understand the concerns and have my own. In most of the “stuff” out there, I can’t find a clear analysis.

– What are some specific conventions we’re not able to compete for and win?

– What are some specific conventions we hosted in the 80’s and 90’s which have not come recently, which are choosing other places in part or entirely because of no hotel?

– What occupancy does the hotel need to achieve to meet the annual debt coverage, given a reasonable price rate compared to similar hotels?

– Assuming the capital markets do not improve for 12 months, how is the hotel going to be delivered anytime soon anyway?

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