Buy something useful like stuff for a vehicle emergency kit or a NOAA weather radio or a good 1st Aid kit
Now that COS has the state's $120M, which will pay less than 20% of the cost of building C4C, city promoters are off to the races. They see prosperity just around the corner. They see a chicken in every pot. But are they counting their chickens before the eggs have hatched? There are numerous examples of cities tying their future prosperity to the dubious prospects of building stadiums. In the decision making process, it is advisable to look at the results obtained by other cities who built stadiums. if-you-build-it-they-might-not-come-the-risky-economics-of-sports-stadiums This article contains a host of ominous portents for COS to consider, including: "It's not generating new revenue..." While there are dissimilarities between 'them' and 'us', the similarities need to be closely examined and heeded. "Those who fail to learn from the mistakes of their predecessors are destined to repeat them" (Santayana).
What happened to the old FREX buses? I know they sold some of them when they scaled back the service - but...
4 round trips a day... does that mean weekends too? Because they could get soo many riders on sat and sun..
There will be no tax increase. We will simply take some of the money out of the huge budget for street maintenance. The upside is a shiny new stadium. The downside is you have to have a tractor to get there through the potholes and weeds.
To be clear, Mayor Bach has specifically said he does not support a tax increase to fund City for Champions. He also has said the Springs Capital Improvement Program bonds are to be paid off in a few years. These are being paid off without a tax increase, and new bonds could be issued and repaid from general fund revenues that already exist without a tax increase. Just FYI.
It's surprising that El Pomar intends to donate generously to C4C when 15 years ago they gave $29M - their largest donation to date - to help build the World Arena, a facility that has failed to make COS a major player in the sports world or provide the expected economic renaissance. The reasons for building the WA were the same (minus the Olympics emphasis) as for building the C4C stadium. Building a stadium/arena didn't work 15 years ago, nor will it now. Also, C4C will prove to be a disappointment as a tool to attract companies and businesses and increase traffic at our airport, which is what COS needs for economic recovery. Supposedly C4C is designed to attract tourists, but is this likely to happen? Tourists may drop by the Olympic museum during the 1 year in 4 that the Olympic Games are generating excitement, but will tourists book a flight to COS during the off years? We need realistic data re WHO and HOW MANY will be patronizing the stadium and museum.
Once upon a distant time, back in the 60s, building stadiums was thought by city leaders to be THE answer to keep their city from dying, but economic growth via Stadiums and Convention Centers and Mega Hotels have been proven over the past 50 years to be a loser for the citizens who are stuck paying off the loans and having to write off the loss when the entity goes bust.
In 2004 John Hazelhurst wrote an informative history of the World Arena and the Pikes Peak Center which shows the financial perils of building BIG projects that don't live up to their intended goals. http://www.csindy.com/coloradosprings/worl… This article highlights the familiar consequences of Thinking Big. Revenue at PPC was insufficient to pay for maintenance which was deferred until it could be deferred no longer, which compelled its owner - El Paso County - to transfer this costly bauble to WA, thus ridding the county of its expensive albatross. The C4C stadium etal will require major maintenance during the 30-year span of the bond loans. It is not unlikely that the stadium/museum etal will become expensive albatrosses. This likelihood is something for the proponents and the citizens to consider BEFORE commiting ourselves to $350M of new debt.
Perhaps this will give the mayor some incentive to solve the $270 million PERA issue resulting from the Memorial lease agreement.
we live in teabaggerville... who in their right mind think these baggers are going to vote for an increase in taxes... or any increase??? it is hard to tell from the article at what point the public gets a say in this... before or after mayor botch's buddies get rich, and we are on the hook for the rest??
the beginning of the end.......im calling the ball, in 10 yrs the area where they wanna build bach's Barbie dream house will be vacant and trash infested, the Olympic people will be gone having moving to some other town or city that gives them even more money (they have NO loyalty) but that's ok me and mine will gone long before then. also there is NO WAY IN HELL i will vote to give this idiot even more money to screw up with.....look at our streets, look at our police force, no helicopter STILL no enforcement of basic laws this place is gonna be Detroit VERY SOON.......
If measures to fund C4C makes it to a ballot to be approved by voters, are you inclined to vote to fund City for Champions? A one question quick poll. Thank you.
Dobson's book, reincarnated as the USAF Academy training philosophy, appears to be another genesis of the "leader principle" techniques that were popularized in Germany three quarters of a century ago. As such, it needs to be rejected as ultimately unworkable in this society. Why is the present dominionist author working where he has any impact on training our young people who will work for us? We should be training young officers to respect our constitutional foundations, and not respond through fear of authority, providing the lame excuse, "I was just following orders". A critical underlying question is how such a person as Rosebush could get employment where he can impact the minds our young people?
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