CHICAGO — A Kansas City, Mo., task force picked Piper Jaffray & Co. over three other finalists to help develop a financing plan as the city weighs whether to pursue construction of a $300 million hotel to support its downtown convention center.

The convention center hotel steering committee — made up of representatives of the City Council, public, and the city’s finance team — interviewed Piper, Citi, Bank of America Merrill Lynch, and Oppenheimer & Co. earlier this month. The four finalists were chosen from firms that submitted proposals and the selection of Piper, following the interviews, was ratified by the committee at a meeting this week.

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