Wednesday, January 28, 2009

Indy Comes Up a Little Short...Duh!

When the Capital Improvements Board (a semi-autonomous entity that spends a lot of money without government oversight) built Conseco Fieldhouse, Lucas Oil Stadium, and the Indiana Convention Center it's hard to imagine that they could not know that the cost of building larger structures would carry higher costs. Well, the bills are coming in and they have underestimated the maintenance costs by $43 million. That's not what the total cost is. That's just the shortfall in the annual budget.

Now, the Pacers want the same deal as the Colts. They want to stop paying anything to use Conseco and keep all of the revenue. That would be an additional $15 million on top of the current $43,000,000.

I still say we should break the contract with the Colts, let the contract with the Pacers expire, drain the pipes, turn off the heat, and fill them up with corn.

1 comment:

Anonymous said...

You tax dollars at work!!! Corn bins sound like a good plan....but still leaves the lingering question....who is paying for this??? Is this where my pay raise went???