Tuesday, March 27, 2012

How do you figure?

The editorial in the Fort Worth Star-Telegram left us shaking our heads, again.  The editor says this is the only Private/ Public Partnership (P3) that won't work.  Although, it is a project that is a direct result of their fist-pumping, paper-loving Trinity River Vision (a completely taxpayer funded project). 

They go on to say a good thing about P3's is "no bond election needed".  An election concerning a project in Fort Worth?  Not building something until you have the money?  YOUR own money?  Foreign concept around these parts.  (See the accompanying article," Fort Worth working to find $3.3 million dollars to redevelop Hunter Plaza" . )

A citizen commented on the way the Police and Fire Training Academy could be funded.  They get it.

They may try to get "Junior" Granger and "Mama" to front the deal as the citizens will pay when they're through with "Mama's Legacy"!!!!

Of all the capital projects on Cowtown's ever-expansive list of wants, this is the only one with a clock ticking.

The city sold the fire and police training building and the firing range at 1000 Calvert St. in 2011 to the Tarrant Regional Water District. Both departments still have access to those facilities under leases, but the contract on the firing range runs out Dec. 31, 2013. (The lease for the training building doesn't expire until the end of 2019.)

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