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Originally Posted by Isabella
rhertz, wow that is a lot of debt!
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Yes it is.
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Originally Posted by Isabella
Does anyone know why Shreveport has that much debt?
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Most cities issue bonds for bridges, roads, convention centers, etc. (Infrastructure)
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Originally Posted by Isabella
I thought the hotel was a bad idea. Does the city own it?
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I believe so, in whole or part I do not know. It was determined by a study that the city owned convention center would fail without an ajoining hotel. So as an afterthought, a new hotel was built. Nobody in the private sector wanted the fund the whole thing so the city jumped in as I recall.