Priapus wrote:truth defender wrote:Sledge wrote:Me thinks it is a little late to start feeling the heat; unless voters have very short memories!
Big thing I have learnt about politics Sledge is that sadly most voters do have a very short memory.
The other thing I should have added about this is that the MOB had about $400,000 left over in their budget from last year's money - that they do not have to give back to the city - so in reality they are saying it is going to cost a little over $1.3 million this year to subsidize the Multi-Plex this is NOT as much of a decrease as we are led to believe.....
Except they aren't even carrying that $400,000 forward into the new budget year. They planned ahead, and last year passed a motion allowing them to bank that money. Think someone might have been anticipating the excess to even think of such a motion? If i remember correctly, it was Terry Coleman that introduced that motion.
What I am inclined to think is that they have created their own reserve or slush fund if you like into the several hundreds of thousands of dollars that they and not council controls.
Do you think that they might use this money in an attempt to bid for some of these wonderful events they envision and not use itr for the actual operations of the Multi-Plex or as an emergency reserve???
This is quite troubling because as I understand the Multi-Plex operations they are independent of council and they can basically do with a very large sum of money as they please and not have to worry about any type of oversight nor any public input into the spending of that money. Would I be correct in stating that Priapus???
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