rr =r 0% OF BRI SUPP Dicer Over ; ally’’b eruee Vea tt eA ar hotel, Seapo fe ary ait # Vancouver's current facilities are too small. Vancouver needs larger convention, cruise- ship, and hotel facilities to attract major conventions and increase economic spin-offs. «If approved, Seaport Centre would greatly expand our tourism potential by providing: ## A new cruise ship terminal capable of handling the world’s largest cruise ships. An expanded Convention Centre and new destination resort hotel, enabling Vancouver to host conventions for as many us 10,000 delegates. A new Casino, uniquely designed by British Columbians, providing entertainment choices to rival London, Paris, Sydney, Las Vegas and Monte Carlo. 8 New Sea Bus and Helijet terminals. Lint: leg! TA PROJECT LIKE SEAPORT CENTRI Seaport Centre is much more than a casino in downtown Vancouver... If approved, Seaport Centre would: & Be funded totally by private sector capital, requiring no public funds for either construction or operation. #4 Generate $250 million in annual new tax revenues for three levels of government. 44 Charity casinos contribute significantly to non-profit societies, %t The Board of Directors and Shareholders of Seaport Centre simply will not proceed with a venture that will harm charitable organizations. We mean that. ia cae cen en AAR CAS eT, #@ Seaport Centre would establish links with Gastown, Chinatown and surrounding communities. @ Recognizing their special concerns, Seaport Centre has offered to negotiate a “social contract” with the downtown east- side community The commitment to redevelop the vacant Woodward's building in a manner that responds to the needs of the community is but the first step. % In order to privately fund a tourism project of this magnitude, the income from the casino is essential. The casino would be owned and regulated by the provincial government. ..1 TS ABOUT EXPANDING TOURISM, A STRONGER ECONOMY, | NEW GOVERNMENT REVENUES, AND... t Source: Mark Trend Research, May 1994