Sherman updates alcohol ordinance
City to allow alcohol at some public events
A path has been cleared for Sherman events and festivals to serve alcohol in public parks this week when the city alcohol ordinance was updated.
Under the change, the city manager will be authorized to grant exceptions for events in public parks that wish to have alcohol sales and consumption. The ordinance change also allowed city staff to refine and tighten the ordinance to make it more enforceable. Currently today, you have an ordinance that says that, that says there shall be no alcohol possession or consumption in city parks, City Attorney Ryan Pittman. The problem with today s ordinance is that it is overly broad. It says that you have authority to regulate authority and consumption elsewhere.
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Operator
Greetings and welcome to the Extended Stay America s Fourth Quarter and Full Year 2020 Earnings Call. [Operator Instructions]
I would now like to turn the conference over to your host, Rob Ballew, Vice President of Finance and Investor Relations. Please go ahead.
Rob Ballew
Vice President, Finance and Investor Relations
Good morning and welcome to Extended Stay America s fourth quarter 2020 conference call. Both the fourth quarter earnings release and accompanying presentation are available on the Investor Relations portion of our website at esa.com which you can access directly at www.aboutstay.com. The accompanying presentation has supplemental data on recent trends and comparison to industry and segment results as well as information about our 2021 strategic priorities.