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James Timothy "Jimmy" Flannigan, the District 6 council member, was the only incumbent to lose his seat in the fall election. Then Flannigan's phone rang. The caller was attorney Phillip Schmandt, board president of Austin Convention Enterprises Inc. (ACE). That's the organization which oversees management of the city-owned Hilton Austin Convention Center Hotel.

Schmandt had a job offer. He wanted to fill the newly created position of president. "Phillip called and asked me if I'd be interested—literally Wednesday after the Tuesday election," Flannigan said.

As it turns out there is an upside to losing, moneywise. Read the full story at The Austin Bulldog.

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