02-12-2009, 11:00 AM
Danno, I appreciate you're tenacity regarding this white elephant.
We still have no idea of how contracts were awarded. There is nothing to indicate that real competitive bidding was done. We still have no explanation of why insiders were given contracts, which by law should have been competitively bid on. Who authorized the expensive 'change orders' throughout the project, and why was there no City oversight?
What is the purpose of the Genesee Board? They have done nothing since the place opened, except throw themselves a 'fund-raising' party...once. What decisions do they make regarding the running and maintenance of the theatre? If SMG is in complete charge, how can they authorize the spending of city dollars on the theatre? Who gave them this authority?
The theatre has been losing money since its opening, yet we were assured that it would pay for itself. How was this determined? What is the exact state of the theatre finances at this time, and what are the projections for the next 5 years (and what are these projections based on?)
This isn't just 'chicken feed' we are talking about. Remember, the parking garage was built to accommodate the theatre. Revolution Partners was given extraordinary assistance in obtaining prime downtown properties...which we were assured would bring in businesses which would support the theatre.
We are speaking of millions of dollars in bonds which have to be paid. These are things that Hyde & Co need to be held accountable for, and should be thrown out of office for their unethical and incompetent stewardship of our tax dollars.
We still have no idea of how contracts were awarded. There is nothing to indicate that real competitive bidding was done. We still have no explanation of why insiders were given contracts, which by law should have been competitively bid on. Who authorized the expensive 'change orders' throughout the project, and why was there no City oversight?
What is the purpose of the Genesee Board? They have done nothing since the place opened, except throw themselves a 'fund-raising' party...once. What decisions do they make regarding the running and maintenance of the theatre? If SMG is in complete charge, how can they authorize the spending of city dollars on the theatre? Who gave them this authority?
The theatre has been losing money since its opening, yet we were assured that it would pay for itself. How was this determined? What is the exact state of the theatre finances at this time, and what are the projections for the next 5 years (and what are these projections based on?)
This isn't just 'chicken feed' we are talking about. Remember, the parking garage was built to accommodate the theatre. Revolution Partners was given extraordinary assistance in obtaining prime downtown properties...which we were assured would bring in businesses which would support the theatre.
We are speaking of millions of dollars in bonds which have to be paid. These are things that Hyde & Co need to be held accountable for, and should be thrown out of office for their unethical and incompetent stewardship of our tax dollars.