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View Full Version : CIB kicked to the curb?



ABADays
06-04-2009, 06:06 PM
What took so long?

Swingman
06-04-2009, 06:21 PM
http://www.indystar.com/article/20090604/NEWS05/906040496/CIB+plan+mixes+cost+cuts++tax+increases

Peter_sixtyftsixin
06-04-2009, 07:24 PM
Is this new board going to pick up the Pacers $15 Million lease?

Putnam
06-04-2009, 07:28 PM
.


Doesn't say anything about the relationship with PS&E. Would this new Facilities Management Board take over management of Conseco?


.

PacerDude
06-04-2009, 10:07 PM
Insisting the Capital Improvement Board has overspent in an "embarrassing" way, Gov. Mitch Daniels, along with Mayor Greg Ballard, unveiled a proposal Thursday to kill the sports board, make massive cuts but still raise taxes.I'd like more specifics about the overspending.

And maybe hold some people accountable.

Putnam
06-05-2009, 07:54 AM
Here's today's Star article about it:


http://www.indystar.com/article/20090605/NEWS05/906050316/CIB+rescue+plan+cuts++27M+from+budget

CIB rescue plan cuts $27M

Proposal doesn't detail where most of the trims would be made


By Brendan O''Shaughnessy (brendan.oshaughnessy@indystar.com) and Bill Ruthhart (bill.ruthhart@indystar.com)
Indystar.com


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and it still says nothing about the Pacers but that the new Facilities Management Board would "oversee" Conseco Fieldhouse and 12 other facilities, and that the plan doesn't require either the Pacers or Colts to pay more.

Peter_sixtyftsixin
06-05-2009, 01:30 PM
Here's today's Star article about it:


http://www.indystar.com/article/20090605/NEWS05/906050316/CIB+rescue+plan+cuts++27M+from+budget

CIB rescue plan cuts $27M

Proposal doesn't detail where most of the trims would be made


By Brendan O''Shaughnessy (brendan.oshaughnessy@indystar.com) and Bill Ruthhart (bill.ruthhart@indystar.com)
Indystar.com


-----

and it still says nothing about the Pacers but that the new Facilities Management Board would "oversee" Conseco Fieldhouse and 12 other facilities, and that the plan doesn't require either the Pacers or Colts to pay more.

I believe the $27 Mil is cut when they dissolve the CIB because it eliminates their operating costs.

Pacers
06-05-2009, 02:26 PM
What is the CIB spending 27 million dollars on that would go away by getting rid of them?

BTW, any plan that doesn't keep the Pacers paying at least some of the operating costs of Conseco is a bum deal. The Pacers are just as much, if not more, to blame for their poor financial situation as the city is. There's no reason the city should just gift 15 million a year to them.