ST. LOUIS David Roth, the principal developer of the Fountains at Fairview hotel and convention center, has asked the City Council to resurrect the troubled project by issuing $4 million in bonds to pay for its centerpiece – a 20,000- square-foot conference center. Just a year ago, a divided City Council awarded $4 million in tax incentives to help finance the $60 million project. But Roth argues that it wasn t enough. The 48-acre project, which consists of a conference center, 120-room Sheraton Four Points hotel and a restaurant, is expected to generate 300,000 visitors annually and pump $44 million into the local economy. The City Council has yet to make its decision. (8/16/00) Source: St. Louis Post – Dispatch
