So far, the city has paid $336,000 to Hospitality Real Estate Counselors, which is helping the city review its costs for several hotel sites. It also shelled out $250,000 to the Kutak Rock law firm, which is assisting with preparing bonds for sale.
Other expenses include $45,000 to Convention Sports and Leisure to update a study on the demand for the convention center, which is being doubled in size; and $17,500 in site appraisal fees to the Integra group, which is helping the city review the costs of several possible sites.
The cost of hiring someone to monitor the construction and act as the city's representative has not yet been determined.
In addition, the bond-underwriting firms of U.S. Bancorp Piper Jaffray and UBS PaineWebber will be paid with bond proceeds if bonds are sold to finance the project.
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