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Sponsors of the ordinance say this would essentially end Metro's financial responsibility of maintaining and managing the convention center and the Renaissance Center.
Instead, the group Ashford JV out of Dallas would take over those operations.
The ordinance was sponsored by District 1's Lonnell Matthews, District 19's Erica Gilmore and district 32's Jacobia Dowell, who is also the vice chair of the Convention, Tourism and Public Entertainment Facilities Committee.
Dowell says the Ashford management group has promised to invest $20 Million to upgrade convention space and Renaissance's 673 hotel rooms.
Dowell says that will help support the efforts of the new Music City Center and the larger events its expected to draw.
"The Renaissance Center is in close proximity to the Music City Center and we have an opportunity to capitalize on using that hotel space so it's definitely needed in the city," Dowell said.
Under this ordinance, the Ashford JV group would maintain management of the space for at least four years...
Dowell says Metro government will still reserve the right to sell the space if an interested buyer comes forward in the future.
Tuesday, February 5 2013, 10:52 PM CST
Tishomingo County voters OK beer, alcohol sales
May 22, 2013 23:38 GMT
IUKA, Miss. (AP) -- Tishomingo County is the latest Mississippi jurisdiction to legalize alcohol sales.
Voters approved the sale of liquor, wine and beer Tuesday, reports the Northeast Mississippi Daily Journal (http://bit.ly/13JCcix).
It wasn't clear referendums would pass until affidavit ballots were counted Wednesday.
With more than half Tishomingo County's voters casting ballots, legalizing alcohol passed by 42 votes, while legalizing beer and light wine passed by 73. The county borders Alabama and Tennessee.
Lawmakers legalized liquor at a proposed resort at the county's Bay Springs Lake in 2010, but it wasn't built.
Greene County voters legalized beer sales last year, while Corinth, New Albany and Senatobia have legalized alcohol sales under a 2012 law that allows cities to hold votes.
Mississippi has 13 remaining counties that allow no beer or alcohol sales.
Bernanke signals Fed to maintain stimulus efforts
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