- This is a temporary blip, and then it's full steam ahead.
- We can buy our way out of all this.
- The private sector will make it all better.
- We'll pack up and move for new jobs.
- Entrepreneurs are the foundation of the economy.
Guesstimates by his consultants are pie in the sky promises. A press release by Global Spectrum that there is "interest" by Pheasants Forever in coming to Sioux Falls if we just build it is a just that - an interest, not a promise, not a commitment. Another pie in the sky comment to flim flam the taxpayer into believing that if we build it in an area that offers nothing, they will come. The taxpayers believed the city when their consultants said it 20 years ago when the Convention Center was built and the taxpayers are still waiting.
To saddle the taxpayers with the debt of building an event center in a location that even the mayor's AECOM consultant's report showed a huge difference between economic development at the Arena site versus the Cherapa site is questionable right now. If we are going to saddle the taxpayer with new debt, shouldn't we build it in a place that has the most potential for creating economic development, thereby creating more money to take care of the city's infrastructure needs?
The mayor wants the private sector to put up a large amount of cash to fund his folly location. Well, private sector companies aren't spending their money on such things outside their own operations. As the article states, they aren't even spending it on their own workers.
I could support a city council who votes to build an event center at the Cherapa site where the economic development potential was identified as over $50 million. I cannot support a city council vote to build an event center at the Arena site where the economic development potential was identified as $6 million.
Let's hope the city council has the wisdom to do what is right for the taxpayers of this city and not to continue to push an agenda that this local economy cannot support for decades to come.