- Associated Press - Wednesday, April 6, 2016

MIAMI (AP) - County commissioners have approved a $49 million bailout to help finish the construction of a Miami science museum set to open later this year.

The Miami Herald (https://goo.gl/je2LP3) reports Miami-Dade commissioners voted 12-1 for the plan by Mayor Carlos Gimenez to use hotel taxes to cover a 20-year stream of debt payments. The county has already pledged $165 million to the Frost Science Museum.

Gimenez says officials can’t just sit back and watch the museum fail and that they owe it to future generations.

The museum ran into trouble recently because of a shortfall in private donations. Dr. Phillip Frost and his wife, Patricia, have pledged $45 million for the project. Officials say the museum will be financially sound once it opens, and donors bolster the budget with naming rights.


Information from: The Miami Herald, https://www.herald.com



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