Re: LETTER: No exception. The Convention Center has failed I agree.
If this ever were to be a profitable project, why didn’t the private profit driven people build it on their own and take ownership of such an adventure?
But it isn’t, and the only way it could be built was at the expense of the tax payer.
I propose an investigation of PSP and all steps from conception to construction. And then sue.
To tax your competitors to build competition is not free market capitalism.
The business people that make up Penn Square Partners would balk if they had to pay to build their competition.
Also for a GOVERMENT owned and back establishment, where are the GOVERMENT jobs?
No, none. The operation has been subbed out to a management company that IS profit driven, and lower pay.
An investigation followed by, and I’m sure lawsuits, and sell it.
The CC was never intended to be a profit making business. It was designed to be a public – private partnership; i.e. heads: the private guys win; tails: the public guys (taxpayers lose). A permanent hotels and rooms tax was imposed on the county hoteliers to subsidize it.
I have not heard of any study that says the CC could ever stand on it’s own thus who would buy it? Let’s hope it doesn’t become government owned as the tax subsidy would certainly rise substantially.