Milwaukee secures line of credit for its 2020 Democratic convention bid, clearing last major hurdle
Source: Milwaukee Journal Sentinel
Organizers of Milwaukee's bid for the 2020 Democratic National Convention have cleared the last major hurdle in the city's quest to host the event by lining up a third-party line of credit, Mayor Tom Barrett said Wednesday.
"I have secured a line of credit, which is guaranteed, that really meets the needs that have been brought to us," Barrett said. "And I'm continuing to do more."
In an interview with the Milwaukee Journal Sentinel, Barrett declined to provide the total amount of the guarantee, as well as the names of individuals or groups providing it.
"We have some really good people in Milwaukee and other places that have recognized how important this is to our community," Barrett said. "They've stepped up, and are stepping up."
Read more: https://www.jsonline.com/story/news/politics/2019/01/23/milwaukee-secures-line-credit-2020-democratic-convention-bid/2616337002/
I dunno; I passed through Milwaukee in November, and there's not a lot of "there" (hotels, restaurants, party venues) there.
htuttle
(23,738 posts)NW Mutual Life, for example. Used to drive a taxi there.
I think the 2016 convention drew about 50,000 people, but there should be a lot more space now.
ancianita
(36,048 posts)elleng
(130,895 posts)considering where they've been recently?
brooklynite
(94,519 posts)elleng
(130,895 posts)dragonlady
(3,577 posts)We have a new state-of-the-art arena for the convention itself and enough facilities for everyone who comes. Another plus is that Milwaukee is not in an area that has to worry about hurricanes.
Heartstrings
(7,349 posts)And we have a new Governor, Lt. Governor, Attorney General and State Treasurer...all democrats!