Cleveland would enter into a collaboration agreement with the County and Port Authority. Cleveland is being asked to contribute $8 million to the deal, plus a non-school Tax Incremental Finance deal for the project. This would be a publicly owned hotel, owned by the County and run by Hilton Hotels & Resorts.
Presentation by County:
Cuyahoga County Proposed $260 million Convention Hotel presentation for Cleveland City Council 11.21.2013 by Brian Cummins
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