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To be fair, nobody is being asked anything yet.
With the ballparks, we went from city leadership recognizing that voters made it clear they did not want the city to spend the boatloads of money per field:
https://texags.com/forums/35/topics/3389007/replies/65279729And acknowledging that almost all voices were clearly not in favor of overriding that vote:
https://texags.com/forums/35/topics/3390146/replies/65475990To today where city leadership has done a 180. They act like the bond vote never happened, never sought meaningful citizen feedback (the 2023 survey was a joke), and indicate that there will be no discussion about whether millions of taxpayer dollars are going to be wasted to ensure the Bombers get their new field.
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I know Brian will comment with the numbers again, but nobody, to my understanding, is toting the line that the city should take on this project as a sole proprietor. As Councilman Yancy mentioned, it's going to be an all-hands-on-deck project with major private partners.
Sorry I'm using numbers. I am not sure how to say it in words alone. I do need to switch to pictures (graphs and such). I am thinking I will put the effort in when I find a more permanent place to post them.
With this project, there is no feasible partnership that is going to rescue this from being a very bad idea. If a magnanimous billionaire comes in and says "I will give CoCS $350 million dollars to build it." It would
still be a waste of at least $65 million dollars. That is assuming the consultants are right about how successful this will be.
It does not look like HOT can rescue this. Just a quick spot check of HOT pages from the budgets and it looks like our net on HOT revenue minus expenditures has likely never been more than $2 million. We don't have near enough HOT money to burn to fund this thing. It will have to take cash from the general fund.
In order for this to not be stupid, it would require a combination of
- magnanimous billionaires
- spendthrift state and national grant writers
- private partners who want to throw in and don't want anything that costs tax money in return (what could that even mean?)
coming up with something like $450 million and everything being as rosy as the consultants projected. That is not happening. I have trouble believing anyone who isn't allergic to numbers legitimately thinks it is could happen.
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Having a method that is a consistent way to turn HOT funds into general funds that impact residents would be a huge benefit outside of the simple joy of attending events at the convention center.
This is not going to convert HOT funds into general funds. This will be wasting general funds. Those funds will not come back.
And this "simple joy" sentimentalism needs to go. Wasting $415 million so my kids can go to see Paw Patrol Live or whatever is not worth it. My kids are wonderful and cute and all that good stuff. But for their sake we need leaders who don't waste resources like that. We need a vibrant and healthy city. That requires leadership that does not take taxpayers' money to waste it on goofy projects and and does not get in our way when we want to do things that are actually worthwhile.
Brian Alg
My words are not intended to be disrespectful to any of the staid and venerable members of College Station City Council