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Editor's note: In February 2002, Government Finance Review published an article entitled "Tax-Exempt Hotel Financing: A Primer for Finance Officers. This article presents a different perspective on this issue.
In recent years, a number of cities have directly financed the development of hotels intended to serve local convention centers. Many other cities are now in various stages of planning and constructing such facilities, including Baltimore, Columbia (South Carolina), Dallas, Denver, Osceola County (Florida), Phoenix. Portland, Raleigh, San Antonio, Syracuse, and Washington, D.C. These public hotel developments have moved beyond the historic public-private ...