Conflicted editorial takes the side of developers, politicos and Shriners over local voters and activists: Downtown convention hotel justifiably moves forward, but watch the taxpayer subsidies
Comments
Post a Comment
TKC COMMENT POLICY:
Be percipient, be nice. Don't be a spammer. BE WELL!!!
- The Management
Isn't Tony's mom an-is-was and activist or something? Haven't seen her name in the paper in a while.
ReplyDeleteThe star continues to cum all over itself for this hotel or anything else that sly wants.
ReplyDeleteMayor Sly James @MayorSlyJames 24 hours ago
ReplyDeleteMeeting with the investors and developers of the new downtown convention hotel. Anybody look familiar?
Can we call this a TOY HOTEL, so we can be thought of as cleaver and funny?
ReplyDeletePlus, it will likely help to kill the project, just like the TOY TRAIN!
Damn, that makes me laugh when I say it.
The concern is the pattern of behavior from the people we "trust" with our tax dollars. Initially it was reported that the public portion was only around $35M. Which is bad in itself when you consider this should be a privately funded project. Then, later we find out that instead of $35M, the public portion is north of $150M. Approximately half of the projected $300+ million dollar price tag. So that tells us that the people we "trust" to manage our tax dollars are willing to flat out lie to us about our dollars.
ReplyDeleteSecondly, if we're paying half the cost, do we get half the profit? I seriously doubt it as I'm sure Burke and his team and Hyatt will get the lion's share of any profit.
Thirdly, if they can do something like this without a public vote, then what's stopping them from building another hotel without public approval? Or another? Or another....?
It just sets a bad precedence and there needs to be some checks and balances given this city's history of mismanaging money. OUR money.