Sunday, June 21, 2009

I didn't think the Metro vote would happen last night....at least NOT the entire recommendations of that LarryBoy ad-hoc committee....http://data.e-rockford.com/upload/files/1/31to33.pdf
There is so much information AVOIDED in that report, even the RRSTAR LarryBoy cheerleaders
crow about a need for slow, deliberate, reading of the report.
And I am so disappointed with Wasco,he was a bit of a critic of LarryBoy BEFORE the election but as spokesman for this committee,he seems to have mastered the sleight of hand defense of the MC finances...."don't look at the $25million they burned thru in 2 years before Corey skipped town....the problem is the HISTORY!!!...it's a lotta information to sift thru BUT HURRY!!!!....http://www.businessrockford.com/homepage/x1662361168/Puck-may-stop-here-for-MetroCentre
“We have to make a serious decision,” said Ald. Carl Wasco, who led an advisory panel that wrote the report, which outlines a three-year plan to pay for the downtown arena, after six weeks of study.

“There is a lot of information in that report, and I know it will take time to sort through, especially if you haven’t been at those ad hoc meetings every week like we have. But the longer we wait, the more (we’re) just driving the MetroCentre into red ink.”
How? construction's not done...no cost there....no shows going on...no cost there.........AAAHHHH!,it's that bunch of paid staff,collecting TAX$$$$ salaries for NOTHING! (how's those luxury box sales,Dancin'Doug???,making big bucks for NOT selling any,huh?)........." The arena has about $300,000 in bills it can’t pay, and vendors are waiting."...WHAT bills...PAYROLL???

THIS is the most troubling thing to taxpayers NOT in the report/memo pdf. but duly reported by Isaac Guerrero in the Business story...."The city would refinance debt to funnel the first $800,000 to the MetroCentre, ideally by July 1. The city would make an extra $6.8 million in interest payments while paying back that debt."

What value,what fiscal responsibility.......WHAT A CROCK!!@!

No comments: