Coliseum still isn’t paid for

By: Diane Benjamin

The Coliseum opened April 1, 2006 – more than 17 years ago. It still isn’t paid for.

https://www.bloomingtonil.gov/home/showpublisheddocument/29854

The city just paid INTEREST only: $317,771.25. Of course all the interest paid in 17 years wasn’t included in the cost to build it.

Just to be clear, the City of Bloomington expects you to fund $400,000,000 for generational water projects over 10 years but they can’t pay off a 17+ year old building that cost a lot less.

Below is a CASH recap of the arena, evidently it is now called Bloomington Arena. This does not include bond and interest payments:

Just so you know how many deadbeats you have to cover:

All of these are in the latest financial statements: https://www.bloomingtonil.gov/home/showdocument?id=29768&t=638343020405529919

2 thoughts on “Coliseum still isn’t paid for

  1. … soon you tax paying , non-voting ,apathetic , half-asleep sheep are going to be paying for a total re-do of downtown Bloomington as well.

    But by all means , keep voting ‘non-partisan’ D and prepare to roll out the red carpet for a Gleason endorsed garbage pit built on ‘your side’ of town ! One buck per ton pays for city staffs fun.

    #QualityofLife

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