Ocean City officials are moving forward with plans to fund improvements to the city’s convention center and golf course through a bond sale. The City Council voted unanimously to approve the sale of up to $15 million in bonds, which will be used to fund various projects at these two popular destinations.
The Ocean City convention center is a major hub for events and conferences, drawing thousands of visitors to the city each year. In recent years, the building has undergone renovations and expansions to keep up with the growing demand. With this bond sale, the city plans to continue these improvements, including upgrades to the HVAC system, lighting, and sound system.
The city’s golf course, located just a short distance from the convention center, is also in need of updates. The bond sale will provide funds for course renovations, including the installation of new irrigation and drainage systems. These improvements are expected to enhance the overall experience for golfers and attract more tournaments and events to the course.
While the bond sale will increase the city’s debt, officials say it will not lead to a tax increase for residents. The bonds will be paid off through hotel taxes, which are primarily generated by visitors to the city.
This investment in the convention center and golf course is a smart move for Ocean City. Both of these attractions are major economic drivers for the city, bringing in significant revenue and supporting local businesses. By continually improving and updating these facilities, Ocean City can remain competitive in the tourism industry and continue to attract visitors for years to come.
In addition to the economic benefits, these improvements also provide a better experience for visitors. The convention center and golf course are important assets for the city, and it’s essential to keep them in top shape to ensure that visitors have a positive and memorable experience.
With the bond sale approved, Ocean City is on track to make significant upgrades to its convention center and golf course. This is a win-win for both the city and its visitors, as it will support the local economy and provide an even better experience for those who come to enjoy all that Ocean City has to offer. Read More!