Sunday, January 15, 2012

Greensboro News & Record Editorial: "Coliseum questions": No mention of any conflicts of interest?

"With its recent spate of big-ticket expansions, the Greensboro Coliseum Complex has begun to resemble a little city unto itself, bustling in nearly every corner with new amenities.

Which the News & Record top brass gets free tickets to?


4 Carlyle Club memberships($3,000 per) = $12,000
• VIP parking and private Club entrance
• Full access to Club facilities, including bar/lounge/dining area and private restrooms.
• Buffet service for Club Members only
12 Broadway Series Tickets ($300 per)=$3,600

There’s the Greensboro Aquatic Center, the ACC Hall of Champions, the White Oak Amphitheatre, the Terrace hospitality room.

...The building recently retired $48 million in bond debt.

Brown and the City Council have begun to consider what to do next.

How about paying off the Aquatic Center?

The potential investments range from replacing seat cushions in the main arena to a brand-new $40 million performing arts center.

How about paying off the Aquatic Center?

The sorry state of War Memorial Auditorium, built in 1959, is living proof (barely) of what happens when the city commits to build a facility but does not commit to necessary repairs and upgrades.

...There are operating expenses, as well as maintenance and upkeep...

... Similar challenges will face the Hall of Champions, the amphitheater and even the state-of-the-art swim center as age inevitably begins to take its toll.

...the main arena needs new seat cushions and roof repairs.

As impressive as it may be, it inevitably will show the wear and tear of time and use.

...some upgrades are necessary to keep the complex competitive with other venues.

...if there is council and public support for a new performing arts center (hardly a given), is it better suited for the coliseum or downtown Greensboro?

Right next to the News & Record property?

...How does the coliseum stack up against such needs as police protection, public [Internet Cafe's?] libraries and fire stations?

...The coliseum is a valuable asset that distinguishes Greensboro from most other communities and clearly enhances the experience of living here.

Especially for the top brass at most of the coliseum's advertisers?

Carlyle Club memberships($3,000 per) = $12,000
• VIP parking and private Club entrance
• Full access to Club facilities, including bar/lounge/dining area and private restrooms.
• Buffet service for Club Members only
12 Broadway Series Tickets ($300 per)=$3,600

...A Greensboro Convention and Visitors Bureau study estimates an annual economic impact of $155 million, a number that’s sure to grow now that the swim center, amphitheater and Hall of Champions have opened.

Why won't the Greensboro Convention and Visitors Bureau
show how it came up with the estimate?

The city should take better care of such a valuable asset.

Which they get free tickets to?

...for all of its success thus far, the swim center cost $7 million more than projected.

How about paying off the Aquatic Center?

The possibilities for an even bigger, better Coliseum Complex are tempting.

Allen, Doug and Robin

More tempting for some than others?

1 comment:

W.E. Heasley said...

Abner:

Re: public choice theory of “monument building”.

Building monuments, social overhead capital used by a select few of the greater population and built by specific politicos as a monument to themselves, also known as a self congratulatory politico constituency building exercise, is based on the amount of monuments not the maintenance of monuments.

The monuments need to keep coming as new political constituency needs built and placated. The old monuments are old news of a now long-gone politico and his past politico constituency building exercise through monuments. Further, if the self congratulatory politico constituency exercise of monuments included the future cost of maintenance, it would be much more difficult to build the monument. Self congratulatory politico constituency exercises through monuments needs framed as an inexpensive use of the highly diffused taxpayers’ dollar.

Further, monument building, from the politico’s perspective, is better done with little maintenance consideration. The old monument purposely deteriorates and hence needs replaced thereby allowing for additional self congratulatory politico constituency exercises through replacement of monuments.

NEWSBUSTED at NEWSBUSTERS.ORG 2-18-2015