It's the Fort Worth Way.
This very same writer once told you - "Don't be afraid of the rising cost of Trinity River Vision". Now he's pissed about the rising cost of TCC?
Really? Didn't see that coming?
Nothing costs what the "leaders" of the projects say they will. WHO pays the price? All of us.
Read about it in the Fort Worth Star-Telegram.
TCC's psyche and credibility are still recovering from the fiasco on the bluffs, the downtown construction project whose soaring costs gave the district a black eye. That project, the Trinity River East Campus, finally opened to students last week.
TCC is running away from that number as fast as it can. The figure was a placeholder, not a true estimate, spokesman Frank Griffis said. Indeed, a footnote in the CFO's slide show states that the "construction amounts are only for discussion purposes."
Then how about discussing the original budget number while they were at it?
The three public anchors were supposed to be finished by 2005. But the project hasn't delivered as expected, not with the economic shocks of the past decade. The city extended the time frame, waiting for more development and tax revenue.
But there's no guarantee. And it's more important, politically and economically, that TCC live within its means. If it can't build a nice hall for $8.3 million, it could ask North Richland Hills to throw in a little more.
Maybe, but the problem here isn't the idea of a performing arts center. It's the rising price.
Tuesday, September 6, 2011
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