MAY 24, 2006 -- It's full steam ahead for the Wilmington Convention Center, now that a lawsuit against the development is being settled. A bill being filed in Raleigh is the final step in bringing the convention center lawsuit to an end.
The agreement reached Tuesday to settle over the lawsuit between the city and several area hotels is contigent on legislation being introduced by representative Danny McComas. That bill would allow for greater use of room-occupancy tax revenue to pay for the convention center, something that pleases the lawsuit plaintiffs and is making business leaders excited about the future.
The proposed settlement splits the convention center and hotel projects and limits the advantages the Marriott will have over competing hotels.