News

Build America, Eff Yeah! U.S. Treasurer to Visit Convention Center Hotel Site Tomorrow.

By Robert Wilonsky Thu., Jan. 14 2010 at 2:54 PM
Categories: News
Leppert_bellhop2_Merten.jpg
Sam Merten
No, this is not the same picture we've run before. Merten's got a ton of them for his coffee-table book.
​Took, oh, 'bout four months, but I see the city finally got around to posting The Official Convention Center Hotel Groundbreaking Video, which I've embedded after the jump. Good timing, though: Chris Heinbaugh, Mayor Tom Leppert's chief of staff, sends word that at 2:30 p.m. tomorrow, the mayor will pay a visit to the construction site, accompanied by Treasurer of the United States Rosie Rios (as well as Dallas Area Rapid Transit CEO Gary Thomas and Parkland Memorial Hospital CEO Ron Anderson).

Rios is coming to town to see how the city's spending the Build America Bonds that are being used, for the most part, to finance construction of the $479-million-ish Omni downtown. (Of that price tag, the Build America Bonds are covering $386 million.) According to Heinbaugh, "At least seven North Texas governments and agencies have issued nearly $3 billion in Build America Bonds," among them DART, Parkland, the North Texas Tollway Authority and the North Texas Municipal Water District.

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