At least, that’s my takeaway from this Rudy Bush post about how the council just authorized more than $500 million in bonds to build the Convention Center Hotel. The staff can now issue the bonds when interest rates become favorable. Which should be soon, according to Hizzoner:
“This is exactly the right time to move forward. We are expecting an upturn in the market…and we are positioned to capture that upturn.”
So we got that goin for us, which is nice.