Yesterday, the DC Council passed, on first review, a bill allowing the city to contribute an additional $72 million in public funding to the construction of the convention center hotel.
Image by Cooper Cary
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[...] But over the last few weeks, a new proposal was devised with much more private investment. [...]
[...] Yesterday, Mayor Adrian Fenty signed the bill, which was approved by the DC Council last month. The legislation will set in place a plan to finance construction using public and private funds. [...]