South DaCola

Events Center settlement used to buy more beer coolers

How is that for transparency folks?

We are not allowed to know the details of the siding settlement on the events center, and the money isn’t being used to fix the dented up, rippling, rusting, Swiss cheese siding, but hey, we are going to be able to sell more beer;

To remedy what Stoner called operational inefficiencies, SMG, the management company that operates the event center, and Spectra have been given the all clear by the city to use some of the $2.8 million left over from the construction budget to add up to 1,200 square feet of the storage space in various areas throughout the facility. The kitchen will also see about 1,900 square feet of additional space as a part of the planned upgrades.

Although he said there’s no estimated constructions costs that can be shared yet, Huber said it’s unlikely the work will eat up all of the $2.8 million “Day 2” funds, which include the $1 million settlement the city was reimbursed by event center contractors last year.

So, let’s review. We failed to build enough cooler space to begin with, so we are going to use money (that we already borrowed) that was given ‘back’ to us (on paper) in a siding settlement to build more cold storage space, at tax payer expense, (for a vendor that is rolling in the dough already in beer sales).

So why isn’t the city getting a cut of these beer sales to help offset the mortgage payment? Oh, that’s right, it’s a secret.

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