Counterpoint:
By Robert Malekoff
As we consider yet another Greensboro Coliseum expansion/renovation proposal (“Greensboro Coliseum complex pitches $60 million in projects,” Jan. 19), I would urge the City Council and coliseum officials to embrace three principles as we move forward: (1) Do your homework; (2) demonstrate transparency; (3) consider opportunity cost.
Do your homework: The Aquatic Center was initially pitched as a $12 million project, when anyone with an iota of pool construction knowledge knew there was no way a national-caliber facility could be built for that kind of money. And sure enough, soon after the bond passed, supporters were asking for an additional $7 million, which translates to an embarrassing 58 percent overage. And here we are a few months after the grand opening being asked to come up with another $600,000 due to inadequate planning, arguably the first of perhaps many enhancement proposals we will see. Council members should be certain they are voting on the actual cost of a new Performing Arts Center, including all operational needs.
Demonstrate transparency: Citizens don’t want to hear yet another economic impact “estimate.” From here on, have economic impact studies done by qualified and independent experts, folks who don’t have a dog in this fight. When you boast of the major events that the Coliseum Complex attracts, also note what had to be promised/given up to get these events to choose Greensboro. Provide comprehensive and accurate information regarding revenue and expenses so citizens know the actual cost of the alleged positive economic impact.
Consider opportunity cost: Perhaps further investing in the Coliseum Complex will be a boon for the city. But the City Council should be wary of over-investing in one municipal entity. Are there other projects that might generate revenue (and create jobs) worthy of consideration, and is there wisdom in investing further in education, social services and related areas that might improve the quality of life for many in our community?
Perhaps most of all, whether you see yourself as a Coliseum Complex expansion supporter or detractor, come at this with an open mind and a willingness to consider different points of view that are backed by sound data and evidence. Don’t cast your vote based on a hunch.
The writer lives in Greensboro.
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