http://wichitaliberty.org/sedgwick-county-government/wichita-downtown-arena-contract-seems-to-require-sedgwick-county-approval/ Individual liberty, limited government, and free markets in Wichita and Kansas Mon, 22 Mar 2010 02:44:11 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://wichitaliberty.org/sedgwick-county-government/wichita-downtown-arena-contract-seems-to-require-sedgwick-county-approval/comment-page-1/#comment-32313 Articles of Interest Mon, 23 Mar 2009 16:58:34 +0000 http://wichitaliberty.org/?p=3343#comment-32313 [...] Intrust Bank Arena management contract unusual, but not necessarily bad (Bill Wilson in the Wichita Eagle) Explores the nature of the arrangement between Sedgwick County and SMG as compared to other arenas. “The bottom line for these officials: Sedgwick County has a good deal with SMG, but has a responsibility to closely monitor the arena’s performance for taxpayers who paid for the building with a sales tax increase.” More coverage of related issues is Wichita downtown arena contract seems to require Sedgwick County approval. [...] [...] Intrust Bank Arena management contract unusual, but not necessarily bad (Bill Wilson in the Wichita Eagle) Explores the nature of the arrangement between Sedgwick County and SMG as compared to other arenas. “The bottom line for these officials: Sedgwick County has a good deal with SMG, but has a responsibility to closely monitor the arena’s performance for taxpayers who paid for the building with a sales tax increase.” More coverage of related issues is Wichita downtown arena contract seems to require Sedgwick County approval. [...]

]]> http://wichitaliberty.org/sedgwick-county-government/wichita-downtown-arena-contract-seems-to-require-sedgwick-county-approval/comment-page-1/#comment-31758 Susan Sat, 21 Mar 2009 15:51:07 +0000 http://wichitaliberty.org/?p=3343#comment-31758 If you think this contract has problems take a look at the WaterWalk contract. There was a clause in it that stated that former City Manager Cherches was the only person from the City to approve anything having to do with the project. In addition, the City had very little recourse against the developers in case of default at any time during the 99 yr. contract. Ethically-challenged local government managers usually run-circles around the elected officials. If you think this contract has problems take a look at the WaterWalk contract. There was a clause in it that stated that former City Manager Cherches was the only person from the City to approve anything having to do with the project. In addition, the City had very little recourse against the developers in case of default at any time during the 99 yr. contract. Ethically-challenged local government managers usually run-circles around the elected officials.

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