Just read the linked article provided by Jeff Hirtle about Fresno's stadium, which contained this chilling fact: "Stadium events outside of the Grizzlies initially were projected to generate $425,000 annually. In 2015, the amount was less than $10,000."
Regardless, City Leaders are proud of their beautiful stadium and consider it to be worthy of spending tax dollars to keep the red-ink stadium afloat while skimping on basic services that are the responsibility of govt to provide for its citizens. Stadium/event centers are not a profit center for any city that has one - instead, they divert tax revenue to debt service and maintenance. Stadium/event centers don't generate a profit for anyone other than the owners of nearby properties and the developer, who in the case of COS, is also the owner of numerous nearby properties.
Routon - and his fellow starry-eyed City Leaders who are determined to revitalize downtown so that it can compete with Denver - need to take off their rose-colored glasses and put on their thinking caps.
The Jenkin's stadium refuses to drop dead because the dreamers won't wake up. There are numerous stadiums around town that could host the Switchbacks, and building this minor league team a $300M dollar stadium - to be built by taxpayer dollars without taxpayer consent - for the few times the team would play in the stadium is infuriating. What is the matter with Jenkins? Is not the Olympic museum and the parking garage under his skyscraper condo building enough of a carrot to incentivize the development of his 19 or more properties in the area? Furthermore, sports enthusiasts don't go to stadiums to watch their teams - they sit in their Lazy Boys, with a Bud in one hand and turn on the telly with the other.
The mayor is right in saying that there are already far too many URGENT demands being made on taxpayer dollars, such as stormwater and roads and now we learn that the number of police officers needs to be increased to respond to violent crimes. There is NO tax money available to pay for Jenkins dream of a stadium, the purpose of which is to increase the profitability on his 19 or more properties in the area. If Routin wants a stadium, let HIM and others like him donate the $300M dollars needed to build it.
"Let's quit worrying about C4C and start getting basic services in order." Clara's comments are spot on. As are those of Miller and other commenters above. Thanks.
Current law says govt records are to be made available to the public. Why is mediation necessary to obtain these records? This appears to me to be another effort by govt to make it difficult for the public to know how it's spending OUR tax dollars.
Does Suthers impending debt of $27M for C4C include the Jenkins condo garage at the west end of the pedestrian bridge, which is, by the way, a long walk from the proposed Olympic museum?
You're right that marijuana sales are a major factor in the rise of tax revenue. But it doesn't account for the high-occupancy rate reported by the hotel/hospitality sector. Legal marijuana is also a major factor in the rise of "homeless" vagrants migrating to COS.
For at least the last 2 years, COS has been experiencing robust tourist seasons and sales tax revenue has greatly exceeded expectations. And none of this success can be attributed to the C4C projects (which except for the UCCS sports medicine facility, haven't been built yet) but can be attributed to the cessation of wildfires. COS does not need the State's $120M (receivable over 30 years) to defray a small portion of the cost to fund venues that will attract tourists. While COS lacks what every other large City considers to be essential - a downtown stadium and a major league team to occupy it - we have the AFA, the Broadmoor and the Great Outdoors and THAT'S why out-of-towners come to COS.
Of course, the Olympic museum needs the State rebate because thats the carrot being dangled to attract private money to invest, but even so its been extraordinarily difficult to extract donations from our local 1%ers. COS taxpayers are in danger of having to fill the shortfall this in addition to paying $51M for infrastructure. However, without the stadium, Jenkins garage under his to-be-built skyscraper condo building, located at the west end of the to-be-built pedestrian bridge leading to the to-be-built Olympic museum may not be needed, thereby reducing the $51M somewhat.
This was a front-page story in the Gazette this morning and reading about the death of the stadium put me in a really good mood all day. It's taken City Leaders 3 years to conclude that the citizens don't want to use tax dollars for a stadium that has no purpose other than to make the developer who owns 19 or more properties in the area happy. Very happy. And very rich. The mayor has pointed out the obvious - hundreds of millions of tax dollars are needed to pay for stormwater, roads, and other infrastructure improvements and there's not one red cent available for frou frous. 3 years was 2 years and 11 months longer than needed to realize that building a stadium and forcing an unwilling public to pay for it was a STOOPID idea. Oh, well. Better late than never.
The question to ask is 'who do you WANT to prevail?'. While Gaebler favors giving tax dollars to Norwood for millions of dollars of infrastructure in the Banning Lewis Ranch development, compared to Crow-Iverson - the chosen of City Leaders - Gaebler is the less dangerous candidate. But I don't live in District 5 and so don't have to make this choice.
Skorman is a successful businessman who has built a retail enterprise that provides multiple benefits to the community. He genuinely cares about what's good for COS and is not a bought- and-paid for puppet of City Leaders. In spite of disagreeing with some of his positions on social issues, if I lived in District 3, I would vote for him.
Thanks for asking.
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