Operator
Good morning, and welcome to Apollo Global Management s First Quarter 2021 Earnings Conference Call. [Operator Instructions] This conference call is being recorded. This call may include forward-looking statements and projections, which do not guarantee future events or performance. Please refer to Apollo s most recent SEC filings for risk factors related to these statements.
Apollo will be discussing certain non-GAAP measures on this call, which management believes are relevant in assessing the financial performance of the business. These non-GAAP measures are reconciled to GAAP figures in Apollo s earnings presentation, which is available on the company s website. Also note that nothing on this call constitutes an offer to sell or a solicitation of an offer to purchase any interest in any Apollo Fund.
Operator
Ladies and gentlemen, thank you for standing by. Welcome to KKR s First Quarter 2021 Earnings Conference Call. [Operator Instructions]
I ll now hand the call over to Craig Larson, Head of Investor Relations for KKR. Craig, please go ahead.
Craig Larson
Partner and Head of Investor Relations
Thank you, operator. Good morning, everyone. Welcome to our first quarter 2021 earnings call. I m joined this morning by Scott Nuttall, our Co-President and Co-COO; and by Rob Lewin, our CFO. We would like to remind everyone that we ll refer to non-GAAP measures on the call, which are reconciled to GAAP figures in our press release, which is available on the Investor Center section at kkr.com. This call will contain forward-looking statements, which do not guarantee future events or performance. Please refer to our press release and our SEC filings for cautionary factors related to these statements. Earlier this morning, we posted our earnings release presentation. You ll likely h
That could negate the building s competitive advantages, such as not carrying debt.
The nearly $300 million convention center was financed debt-free by MAPS 3. After a delay because of COVID-19, it was dedicated in March.
Installation of the ramps is expected to cost $405,372. Work should be done by Sept. 3.
The convention center subcommittee and the MAPS 3 Citizens Advisory Board both voted unanimously last week in favor of installing the ramps.
Cold weather slowed shoppers in February
Budget managers think February s cold snap when overnight temperatures plunged well below zero slowed shopping enough to affect city finances. April s sales tax results for collections from mid-February to mid-March were down 5.5% from the same time last year, significantly below projections of a 2% decrease.
Operator
Greetings and welcome to the AMG first-quarter 2021 earnings call. [Operator instructions] I d now like to turn the conference over to your host, Anjali Aggarwal, head of investor relations for AMG. Thank you. You may begin.
Anjali Aggarwal
Head of Investor Relations
Good morning and thank you for joining us today to discuss AMG s results for the first quarter of 2021. Before we begin, I d like to remind you that during this call, we may make a number of forward-looking statements, which could differ from our actual results materially, and AMG assumes no obligation to update these statements. A replay of today s call will be available on the investor relations section of our website, along with a copy of our earnings release and the reconciliation of any non-GAAP financial measure, including any earnings guidance announced on this call. In addition, we posted an updated investor presentation to our website this morning and encourage investors to consult our site regul