Convention Hysteria

In 1998, the Phoenix Civic Plaza lost $20 million. City officials don't mind. They made up the loss with your tax money, just as they do every year.

"A half a billion dollars or more of taxpayer money bet on the come -- that just doesn't sound like a good idea to me," Porter says. "Our convention center is hemorrhaging. If yours goes bankrupt, or if it doesn't cover its debt, local taxpayers have to pick up the bill."

The Phoenix Civic Plaza has lost more than $90 million on operations since 1993-94
Paolo Vescia
The Phoenix Civic Plaza has lost more than $90 million on operations since 1993-94
The old Phoenix Union High School campus would house an "Off-Site Exhibition Hall" that could be as big as the existing Civic Plaza
The old Phoenix Union High School campus would house an "Off-Site Exhibition Hall" that could be as big as the existing Civic Plaza

I didn't tell him that they already are.

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