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Article: Center won't pay bills, county says
- Article from:
- Intelligencer Journal Lancaster, PA
- Article date:
- September 27, 2006
- Author:
CopyrightCopyright 2006 Intelligencer Journal Lancaster, PA. Provided by ProQuest LLC. (Hide copyright information)
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Charge: Borrowing plan will cause $800,000 annual shortfall
DAVE PIDGEON
Developers of a hotel/convention center won't have enough revenue
to cover its debt and operating expenses after it's built, two
Lancaster County commissioners opposed to the project said Tuesday.
Commissioners Molly Henderson and Dick Shellenberger said project
revenue for the Lancaster County Convention Center Authority would
leave it at least $800,000 short every year.
The problem is caused by the authority looking to borrow $14
million more than originally planned, they said, and could mean
either tax hikes or stripping the Pennsylvania Dutch Convention &
Visitors Bureau of money from the ...