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Proposed South Longview conference center may not require higher taxes

Proposed South Longview conference center may not require higher taxes
KETK
News
Friday, October 25, 2013 - 8:17am

A proposed South Longview conference center may be built without incurring any increased taxes, assistant to the City Manager Mary Ann Miller said Thursday during a City Council meeting where the council also supported an application that may lead to Certified Local Government status for the city.

Miller laid out a possible funding scenario for the proposed hotel/conference center as she asked the City Council to approve spending up to $140,000 to move forward on negotiations and authorize the city manager to develop a master development agreement with Lodging Host Hotel Corp. to build the public/private edifice.

“Obviously, we believe this project would raise additional revenue, and that is how we anticipate funding the operation and construction of this project,” Miller said.

Miller said the 20-year bond could likely be paid for using the nine percent Hotel Occupancy Tax from the hotel property, the property tax from the hotel property and rental fees from the conference center. 

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