Milwaukee secures line of credit for its 2020 Democratic convention bid, clearing last major hurdle

Organizers of Milwaukee's bid for the 2020 Democratic National Convention have cleared the last major hurdle in the city's quest to host the event by lining up a third-party line of credit, Mayor Tom Barrett said Wednesday.

"I have secured a line of credit, which is guaranteed, that really meets the needs that have been brought to us," Barrett said. "And I'm continuing to do more."

In an interview with the Milwaukee Journal Sentinel, Barrett declined to provide the total amount of the guarantee, as well as the names of individuals or groups providing it.

"We have some really good people in Milwaukee and other places that have recognized how important this is to our community," Barrett said. "They've stepped up, and are stepping up."

Read more: https://www.jsonline.com/story/news/politics/2019/01/23/milwaukee-secures-line-credit-2020-democratic-convention-bid/2616337002/