Council Moves Toward Final Votes on Convention Center Hotel, While Mitchell Rasansky Criticizes "Bridge to Nowhere"
As the Economic Development Committee spent time behind closed doors discussing the convention center hotel, Assistant City Secretary Rosa Rios (bottom right) trained temps on how to certify petitions dropped off by Dallas Right to Vote.
The city council's Economic Development Committee spent most of the morning in executive session discussing an operator agreement with Omni Hotels and a developer agreement with Matthews Southwest for the convention center hotel, emerging shortly after 11:30 to recommend a full council vote on both during tomorrow's briefing.
The developer agreement was provided and hopefully will be available on the city's Web site soon. But until then, we scanned a couple interesting pages for your perusal and provided them after the jump. The first page provides a detailed look at exactly how Matthews Southwest will spend $335 million in construction dough (which is approximately $20 million less than the original Guaranteed Maximum Price); the second offers a breakdown of how the debt will be repaid. The operator agreement was not released.
After the meeting adjourned, the Trinity Corridor Project Committee shindig began, and the first item on the agenda was the Belleview Pedestrian Connector, which, as Robert pointed out earlier, leads to a development that no longer exists.
Mitchell Rasansky quickly labeled the connector as "the bridge to nowhere," even referencing the Gravina Island Bridge project in Alaska. He pressed for the final cost of the project, which was estimated to be approximately $10 million. Rasansky cast the lone vote in opposition, saying it doesn't make sense to spend funds at this time because the development "is not going to get built."
Dallas Mavericks vs. New York Knicks
TicketsWed., Jan. 25, 7:30pm
University of North Texas Mean Green Mens Basketball vs. Unc Charlotte 49ers Men's Basketball
TicketsThu., Jan. 26, 7:00pm
Dallas Stars vs. Buffalo Sabres
TicketsThu., Jan. 26, 7:30pm
Texas Legends vs. Austin Spurs
TicketsFri., Jan. 27, 7:30pm
"To me, it's insanity," Rasanksy said. "I kept looking at this bridge and tried figuring out where it was going."
Much more from Rasansky later in a recap of the presentation from the corps.
Get the ICYMI: Today's Top Stories Newsletter Our daily newsletter delivers quick clicks to keep you in the know
Catch up on the day's news and stay informed with our daily digest of the most popular news, music, food and arts stories in Dallas, delivered to your inbox Monday through Friday.