Don’t get me wrong, that is what the fund is for, (Item #33) in fact, I think the entertainment tax should be raised to pay off the bonds for the EC. It didn’t surprise me that the mayor wasted no time tapping the entertainment tax for Denny’s Grand Slam Premier Center before we have even broke ground.
Get ready good folks of Sioux Falls, you are going to see this mayor try to pull funds out of every cookie jar he can find in city hall to build this place. He’ll probably even try to take bottle caps and box tops from the employee break room.
You have to pay those consultants somehow I suppose.
As far as raising the Entertainment Tax, I suspect that will come soon enough once they realize the crippling cost of those bonds – and once we realize those mythical conventions never materialize which results in a massive budget shortfall.
Just another case of Munsonitis. Slap your name on the plaque bragging about getting something done, but never think about the long-term consequences.
Speaking of that dumbass (and I am being nice), I was riding my bike past the Uptown today, and noticed they are moving dirt on the west side of it. Then I got up to the infamous plaque and watched as two city employees sat on their asses as another one was pulling up fence posts from the concert the other day on the east side.
Agree with Craig but would like to add that there’s already bond money coming in that’s being diverted to other than the events center.
The municipal bond debacle is coming into fruition throughout the country. The council & citizens will not notice until after 110 million has been spent for steps into the river.