Need a reason to support Steve K for Ward 6 City Council?
How about $230,000,000 reasons?
When Steve took office the city was actively trying to build a Tucson Convention Center Hotel.
“The Tucson Convention Center renovation and expansion, headquarters hotel, and associated parking garage collectively comprise what may be the largest public works project the City undertakes in our lifetimes. Because the Rio Nuevo District is unable to financially carry the project, city taxpayers will be asked (through City-backed bonds) to backstop over $230 million in debt.” (Inside Tucson Business)
Steve said NO.
“In his first term on the Tucson City Council, Kozachik has been remarkably effective. He was barely in office when he led the charge to cancel the plans for a major downtown Tucson hotel.” (The Tucson Weekly, April 4, 2013)
What could have happened if Steve hadn’t stopped the hotel? Tucson could be in the trouble that Phoenix faces.
“The (Phoenix) Sheraton opened in the midst of the Great Recession and struggled to make money…City staff members estimate total losses of about $45 to $50 million on the hotel. Phoenix previously had reported losses of $29 million since the hotel opened in 2008. The city also provided the hotel corporation with about $14 million over the past decade.” (AZ Central 2016)
So… $230 million reasons PLUS another $50 million reasons.
Still need another reason to support Steve K? He makes the tough decisions. Share this with your friends.