By: Diane Benjamin
The below was printed in the Pantagraph on September 3, 2003. It is available on microfiche at the Bloomington Public Library.
Tom Hamilton, former City Manager now collecting $11,350 a month in retirement, is quoted in the same edition saying the city’s risk is very low because of the numbers of people who will attend and how much they will spend there.
Obviously these estimates aren’t close to reality. Human behavior can not be predicted, keep that in mind when more estimates are thrown around about a sports complex, aquatics center, and creativity center.
Everything predicted will be wrong.
I found a letter to the editor from October 16, 2003 titled “Are city projects wants or needs?”. It ends with “Is this (Coliseum) the No.1 need for the city or the No.1 want?”.
Funny how history repeats and repeats and repeats again. The Bloomington City Council never asks and answers this question.
According to most, everything is a need.
Note: The construction costs don’t include interest on the bonds.