councilor.org
| Source | Ted Freeman |
| Date | 08/04/15/11:10 |
| HERE'S WHY a “Vote No” on the Convention Center Expansion is the Right Choice.
It doesn’t matter if it is called a tax or fee, the money is out of your pocket. Where’s the value to the community? • Documentation shows the number and attendance of conventions and trade shows have been decreasing. • The Urban Renewal Authority has not been able to prove that the expansion will bring in a significant amount of out-of-town business to Pueblo. • People in favor of the expansion claim the expansion will create jobs but what kind of jobs, low paying jobs with no benefits. • The Convention Center operated at a deficit every year and will continue to do so even with the expansion. During the years 2005, 2006, and 2007 the operating deficit was over one-half million dollars for each year. • Each year we send Global Spectrum, the Convention Center management firm, over $120,000. In 2007 checks were written to Global Spectrum for over $150,000. • Financing for the expansion would include paying interest only until the year 2019 bringing the real cost of the expansion well over $20 million dollars. Pueblo Citizens for Positive Change, contact Ted Freeman 544-4479 and Alvin Rivera 566-0069. |